Magic Johnson Net Worth 2024: NBA Salary, Age, Wife and Cars

American businessman and former basketball player, Magic Johnson Net Worth is estimated to be $1.3 Billion as of 2024. Check out his Age, GF, and Income Source.


Magic Johnson Net Worth

American businessman and former basketball player, Magic Johnson Net Worth is estimated to be $1.3 Billion as of 2024. He is also an American businessman. Where and how this money came from, I will definitely tell you, but first, let us inform you about Magic Johnson. Do you know that he won the gold medal in the 1992 Olympic Games? In 1993, he also became a part of the All-Star team and won the title of Most Valuable Player.

He was inducted into the Basketball Hall of Fame in 2002. Some of you must be drinking coffee at Starbucks. Did you know that Magic Johnson has 125 Starbucks? Apart from Starbucks, he also owns a chain of movie theaters covering 40 to 50 theaters. We have already told you that he was once part of a basketball team, so now listen that he has also been a part of the team Dodgers. He has been a broadcaster for NBC TNT and ESPN for a long time.

There was a time when he used to coach the Los Angeles Lakers. Such is his relationship with the Los Angeles Lakers that there was a time when he was a 10% shareholder in the basketball organization from 1994 to 2010. Very few of you would know that he also has a prepaid MasterCard in his name. Also, check John Cena Net Worth.

Magic Johnson Net Worth

American former professional basketball player “Magic Johnson” has a net worth of $1.3 Billion. His earnings from basketball were only around $100 million. He earned the rest from his business. After retiring from basketball, he opened a company called Magic Johnson Enterprise, The valuation of this company is around $ 1.2 billion in 2021


Content in this Article

Magic Johnson Net Worth

NameMagic Johnson
Net Worth (2024)$1.3 Billion
ProfessionAmerican former professional basketball player and former president of the Los Angeles Lakers
Monthly Income$4 Million +
Yearly Income$50 Million +
Number32 (Los Angeles Lakers / Point guard), 33 (Michigan State Spartans men’s basketball / Point guard)
CollegeMichigan State (1977–1979)
NBA draft1979: 1st round, 1st overall pick
Last Updated2024

Under this company come movie theaters, coffee chains, and movie studios promotional marketing companies also come. So that was it, stay with us to know about the life of any other celebrity like Magic Johnson. Also, check Beyonce Net Worth.

Magic Johnson Biography

Magic Johnson NBA Salary

1979-80Los Angeles LakersNBA$460,000
1980-81Los Angeles LakersNBA$460,000
1981-82Los Angeles LakersNBA$460,000
1982-83Los Angeles LakersNBA$460,000
1983-84Los Angeles LakersNBA$460,000
1984-85Los Angeles LakersNBA$1,000,000
1985-86Los Angeles LakersNBA$2,500,000
1986-87Los Angeles LakersNBA$1,000,000
1987-88Los Angeles LakersNBA$2,500,000
1988-89Los Angeles LakersNBA$3,142,860
1989-90Los Angeles LakersNBA$1,000,000
1990-91Los Angeles LakersNBA$2,400,000
1991-92Los Angeles LakersNBA$2,500,000
1992-93Los Angeles LakersNBA$2,500,000
1993-94Los Angeles LakersNBA$2,500,000
1994-95Los Angeles LakersNBA$1,000,000
1995-96Los Angeles LakersNBA$1,000,000
1996-97Los Angeles LakersNBA$1,000,000
1997-98Los Angeles LakersNBA$1,000,000
1998-99Los Angeles LakersNBA$1,000,000
1999-00Los Angeles LakersNBA$1,000,000
2000-01Los Angeles LakersNBA$1,000,000
2001-02Los Angeles LakersNBA$1,000,000
2002-03Los Angeles LakersNBA$1,000,000
2003-04Los Angeles LakersNBA$1,000,000
2004-05Los Angeles LakersNBA$1,000,000
2005-06Los Angeles LakersNBA$1,000,000
2006-07Los Angeles LakersNBA$1,000,000
2007-08Los Angeles LakersNBA$1,000,000
2008-09Los Angeles LakersNBA$1,000,000
2009-10Los Angeles LakersNBA$1,000,000
Career(may be incomplete)$39,342,860

Magic JohnsonNet Worth Growth

YearNet Worth (Million)
Magic Johnson Net Worth in 2024$1300 Million
Magic Johnson Net Worth in 2023$1250 Million
Magic Johnson Net Worth in 2022$1200 Million
Magic Johnson Net Worth in 2021$1150 Million
Magic Johnson Net Worth in 2020$1100 Million
Magic Johnson Net Worth in 2019$1050 Million

Magic Johnson Biography

Magic Johnson was born on August 14, 1959, in Michigan. He was part of a large family consisting of nine brothers and one sister. Both his parents used to work to raise such a large family. He had played basketball well since childhood, so his name was Magic in his high school.

After high school, he started college with a basketball scholarship and was drafted into the NBA while he was still in college. The time when Magic Johnson played for the Los Angeles Lakers is called the Golden Age of the Los Angeles Lakers. Must Check The Rock Net Worth.

Real NameEarvin “Magic” Johnson Jr.
Nick Name:Magic Johnson
Birth Place:Lansing, Michigan, United States
Date Of Birth:14 August 1959
Age:65 years old
Height:In Centimetres – 206 cm
In Feet and Inches – 6′ 9″
Weight:In Kilograms – 100 kg
In Pounds – 220 lbs.
Eye Colour:Black
Hair Colour:Clean-Shaven
School:Everett (Lansing, Michigan)
College:Michigan State (1977–1979)
Zodiac Sign:Leo
Sexual Orientation:Straight
Kids/Children Name:EJ Johnson, Elisa Johnson, and Andre Johnson
Profession:American former professional basketball player
Net Worth:$1.3 Billion

He retired from basketball in 1991. This year he told the world that he was HIV positive. This news was very sad because till then it was believed that HIV-positive people cannot live long, but it is magic Johnson’s magic that even 30 years after being HIV positive, he is in the best condition. It was also believed that this disease occurs only in homosexuals and drug addicts people, Magic Johnson has been working for 30 years to clear the misconceptions of people.

Magic Johnson Social Media Accounts

InstagramAlmost 3.6M FollowersCheck Out
FacebookAlmost 4.4M FollowersCheck Out
TwitterAlmost 5.2M FollowersCheck Out
You tubeAlmost 1.14K SubscribersCheck Out
Magic Johnson Net Worth

Cars Collection

Serial No.CarsCost
1.Rolls Royce Phantom Drophead$550,000
2.Mercedes G63 AMG$156,500
3.Cadillac Escalade$110,000

Magic Johnson Relationship & More

AffairsNot known
GirlfriendNot known
Best FriendNot known
SpouseCookie Johnson (m. 1991)
ChildrenEJ Johnson, Elisa Johnson, and Andre Johnson
FatherErvin Johnson Sr.
MotherChristine Johnson
Siblings  Pearl, Quincy, Larry, Lois, Yvonne, Kim Evelyn, Mary, and Michael Johnson


What is the net worth of Magic Johnson?

Magic Johnson's total net worth is around $1.3 Billion.

What is the Salary of Magic Johnson?

Magic Johnson earns an estimated salary of $45 Million per Year.

What is the monthly income of Magic Johnson?

Magic Johnson earns $4 Million per month.

What is the age of Magic Johnson?

Currently, Magic Johnson is 64 years old (14 August 1959).

What is the Height of Magic Johnson?

The Height of Magic Johnson is 2.06 m. (6’ 9”).

What is the name of Magic Johnson’s wife?

Magic Johnson was married to Cookie Johnson (m. 1991).



Stefan Jackson is a sports and culture writer working out of Philadelphia. Previously writing for the likes of Match Fixture, Entertainment, Fragster, and Jaxon, Stefan has dedicated themselves to engaging and accessible articles about sports, esports, and internet culture. With a love for the weirder stories, you never quite know what to expect from their work.


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