Magic Johnson made it to the billionaire-athlete group alongside Michael Jordan, LeBron James, and Tiger Woods. Forbes announced on October 29 that the former NBA star is now a billionaire and his net worth is estimated to be a staggering $1.2 billion. Johnson had a short professional basketball career of 13 years as he was diagnosed with HIV in 1991.
Despite this, he had an illustrious career and achieved as much as other legendary players. Johnson won five NBA championships, 1X Olympic gold medal, and other notable awards. He was committed to only the Los Angeles Lakers throughout his career. Johnson earned $39,342,860 during his notable NBA career, however, it was his post-retirement endeavors that truly set him on the billionaire road.
Magic Johnson is officially a billionaire. pic.twitter.com/maoX3U5TqH
— Pubity (@pubity) October 30, 2023
Furthermore, Johnson is a businessman who invests in professional sports teams, Starbucks cafes, movie theaters, etc. He has truly set up an empire and an amazing lifestyle for himself and his family. Additionally, he also has a charitable organization named “Magic Johnson Foundation” that actively works for HIV awareness, treatments, and prevention.
Recently, the Lakers star appeared on ‘Jimmy Kimmel Live!’ and spoke about his NBA career and being a billionaire at the age of 64. He said, “God blessed me, I am so thankful but at the same time it takes a lot of hard work. Everybody thinks they know you – a distant cousin’s friend, I’ve got about 10 of them”. Fans got insights into his life beyond the NBA and how he built a fortune for himself.
Magic Johnson reminisces about his vacation to Europe with Michael Jordan
During the summer, Magic Johson and Michael Jordan’s pictures of their vacation to Europe stormed the internet and fans were amused to see the two former NBA stars. Their friendship and bond are no secret as even at the time when Johnson was diagnosed with HIV, Jordan almost drove off the road. Post-retirement, they were often spotted going to dinners together with their families.
At the show, Johnson spoke about his trip with Jordan which also involved their wives. He stated, “Jimmy, it’s funny – both of us never thought we would be in this position. Out there with yachts, to be able to go to dinner with our wives, to be in Europe”. Furthermore, Johnson emphasized how it was mind-blowing for the two of them and that they truly enjoyed it.
Additionally, Johnson revealed how they decide who would pay the bill. The Lakers star said, “We flip a coin. It is his, with his face on both sides!”. He has his charming yet witty smile while speaking about this. Notably, back when he was on vacation, he took to his Instagram to share a snippet. Johnson mentioned in the caption that they had a dinner at the Da Paolino Ristorante AKA the Lemon Tree restaurant.
Furthermore, he emphasized that he got to hang out with his great friend and greatest basketball player. It is undeniable that Johnson truly deserved the billionaire status and would make the most out of it. Fans await to see and hear more updates about Magic Johnson‘s life as a billionaire.