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Magic Johnson Net Worth,Salary

Magic Johnson Net Worth
Magic Johnson Image
Celebrity Name:Magic Johnson
Real Name:Earvin Johnson
Age:64 years old
Date Of Birth:18 August, 1959
Birth Place:Lansing, Michigan, United States
Marital Status:Married
Profession:Basketball player, talk show host, entrepreneur, film producer,
Net Worth in 2024:$800 million

Magic Johnson Net Worth

Magic Johnson is a former American professional basketball player, entrepreneur, and philanthropist. 

Magic Johnson net worth is $800 million. He is widely regarded as one of the greatest basketball players of all time and has also made a name for himself in the business world. In 2009, he was named as one of America’s most influential black businessmen. 

Early Life

Magic Johnson’s real name is Earvin Johnson Jr. was born on August 14, 1959, in Lansing, Michigan. He was born to Earvin Sr. and Christine. His father was a General Motors assembly worker and his mother was a school janitor. He grew up in a poor family and faced many challenges in his early life. However, he developed a love for basketball at a young age and spent countless hours practicing his skills. He attended Everett High School. While playing for Everett he was considered at the time to be the best high school player ever to come out of Michigan. 


Magic Johnson played basketball for Michigan State University and led the team to win the NCAA championship in 1979. In the same year, he was drafted by the Los Angeles Lakers and quickly became one of the team’s star players. Over the course of his career, he won five NBA championships, three NBA MVP awards, and was named to the All-Star team 12 times, 2× NBA All-Star Game MVP, 

After retiring from basketball in 1991 due to his HIV-positive status, Magic Johnson began to focus on business ventures. He founded Magic Johnson Enterprises, a company that focuses on investing in urban communities and promoting economic development. He has also been involved in several successful business ventures, including ownership stakes in the Los Angeles Lakers, Starbucks, and a chain of movie theatres. He has also won an Olympics gold medal for his country. 

In 905 NBA games, Johnson tallied 17,707 points, 6,559 rebounds, and 10,141 assists, translating to career averages of 19.5 points, 7.2 rebounds, and 11.2 assists per game, the highest assists per game average in NBA history. 

In 2017, he became the president of basketball operations for the Los Angeles Lakers.

In 2012, Johnson paid $2 billion to the Dodgers, the largest amount paid for a professional sports team.

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Personal Life

Magic Johnson has been married to his wife, Cookie, since 1991, and the couple has two children together. He has been a strong advocate for HIV/AIDS awareness and has been involved in many philanthropic efforts to fight the disease. He also supports various charities that focus on education and youth development.

Awards and Achievements

Magic Johnson’s achievements in basketball are numerous. He was a five-time NBA champion, three-time NBA MVP, and 12-time NBA All-Star, and was inducted into the Naismith Memorial Basketball Hall of Fame in 2002. He has also received numerous awards for his philanthropic work, including the NAACP Image Award and the GLAAD Vanguard Award.


Magic Johnson net worth is $800 million. He has earned his wealth through his successful basketball career, business ventures, and investments in various companies.

Magic Johnson is not only a legendary basketball player but also a successful entrepreneur and philanthropist.

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