Ever wondered how a basketball legend transforms into a business titan? Magic Johnson's journey from the court to the Forbes list is a slam dunk of financial prowess.
Magic Johnsons financial empire continues its impressive ascent, with the iconic basketball star adding a staggering $200 million to his net worth since the beginning of 2025. This surge solidifies his position among the worlds billionaires, with his fortune now estimated at $1.6 billion, a significant jump from the $1.4 billion reported in January. This places him among the elite, a testament to his business acumen that extends far beyond the basketball court. The increase reflects a dynamic shift, showcasing not just wealth accumulation, but the active management and strategic growth of his assets. It represents a change since 5 pm ET of the prior trading day, indicating the real-time fluctuations that define the world of high finance.
| Magic Johnson Bio & Career Information | |
|---|---|
| Full Name | Earvin "Magic" Johnson Jr. |
| Date of Birth | August 14, 1959 |
| Place of Birth | Lansing, Michigan, USA |
| Nationality | American |
| Education | Michigan State University (attended) |
| Occupation | Former Professional Basketball Player, Entrepreneur, Investor, Philanthropist |
| NBA Career | Los Angeles Lakers (1979-1991, 1996) |
| NBA Championships | 5 (1980, 1982, 1985, 1987, 1988) |
| NBA MVP Awards | 3 (1987, 1989, 1990) |
| Net Worth (2025 est.) | $1.6 Billion |
| Source of Wealth | Investments, Magic Johnson Enterprises, EquiTrust Life Insurance Company, Real Estate, Media, Sports Franchises |
| Key Business Ventures |
|
| Spouse | Earlitha "Cookie" Kelly |
| Children | Andre Johnson, Earvin Johnson III (EJ), Elisa Johnson |
| Reference Link | |
| Forbes |
- Daniel Baldwin From Massapequa To Hollywood Star
- Yo Gotti Rise Cmg Amp The Young Dolph Trial Bombshell
/i.s3.glbimg.com/v1/AUTH_da025474c0c44edd99332dddb09cabe8/internal_photos/bs/2023/B/F/u02XqRTiS0kfMzp4JS9A/magic.png)
