Los Angeles Times

Magic Johnson reaches billionaire status. He joins Michael Jordan, Tiger Woods, LeBron James.

Magic Johnson became a superstar through basketball, winning a national championship with Michigan State in 1979 and five NBA titles with the Showtime-era Lakers. But he became a billionaire mainly through his business deals. According to an article published by Forbes on Monday, Johnson's net worth is estimated at $1.2 billion, making him the fourth athlete recognized by the magazine to have ...
Magic Johnson speaks during the When We All Vote Inaugural Culture Of Democracy Summit on June 13, 2022, in Los Angeles.

Magic Johnson became a superstar through basketball, winning a national championship with Michigan State in 1979 and five NBA titles with the Showtime-era Lakers.

But he became a billionaire mainly through his business deals.

According to an article published by Forbes on Monday, Johnson's net worth is

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