Magic Johnson’s net worth is $600 million, making him one of the NBA’s most legendary names. Magic Johnson is an American basketball player who won five NBA championships with the Los Angeles Lakers. He was a strong competitor who helped his high school team win the state championship in 1977. He led Michigan State to the National Collegiate Athletic Association championship in 1979, defeating Larry Bird and Indiana State.
Magic Johnson was born on August 14, 1959, in Lansing, Michigan. Earvin Sr. worked on an assembly line at General Motors, while his mother, Christine, was a school janitor. After seeing his role model on the floor, Magic acquired a deep interest in basketball at an early age. In high school, he earned the nickname “Magic” for his creative and entertaining ball handling.
Magic Johnson Net Worth and Salary
Magic Johnson’s net worth is estimated to be $600 million as of September 2023. During his playing career, he earned more than $18 million in salary and several million more in endorsements. Johnson chose to pursue a business career after retiring from professional basketball in 1996. After retiring, he formed Magic Johnson Enterprises, which increased his fortune even more. Aside from his commercial ventures, he earns a lot of money through his several lucrative endorsement deals.
Way of life
Magic Johnson lived a lavish lifestyle thanks to the huge amount of money he earned as a basketball superstar. Magic has always loved playing basketball since he was young. Perhaps it was his love for the game that made him one of the greatest basketball players of all time. Johnson also has a daughter, Elisa, whom he and his wife Cookie adopted in 1995. He also has a son from a previous marriage, Andre Johnson.
Magical Johnson Charity
Johnson has worked as a businessman, philanthropist, broadcaster, motivational speaker, and champion for HIV/AIDS prevention and safe sex since his retirement. Johnson has been a vocal champion for the HIV community since his HIV diagnosis. In 1999, he was the keynote speaker at the United Nations World AIDS Day Conference.
Magic Johnson also serves as chairman and CEO of the Magic Johnson Foundation. The Magic Johnson Foundation was founded in 1991 with the goal of “fighting HIV/AIDS through grantmaking.” “The foundation seeks to develop programs and fund community-based organizations that address the educational, health and social needs of ethnically diverse metropolitan neighborhoods,” according to the foundation’s website.
Magic Johnson’s Professional Life
Magic took over as Lakers coach at the end of the 1994 season at the request of then-owner Jerry Buss, but the team finished 5-11. Johnson was named one of the NBA’s 50 Greatest Players of All Time in 1996. Three NBA MVP titles, nine NBA finals appearances, twelve All-Star games, and ten First and Second Team All-NBA honors are among Johnson’s career accomplishments. Magic Johnson has just agreed to join the Los Angeles Lakers advisory board.
Categories: Biography
Source: SCHOOL TRANG DAI
