- Full Name: Earvin Johnson, Jr
- Net Worth: $500 Million
- Occupation: businessman, host, actor, producer, former profesional basketball player
- Marital Status: married
- Ethnicity: American
Magic Johnson Net Worth – The Retired Athlete Has A Net Worth $500 Million
Magic Johnson net worth reached $500 million this year. He may have been retiring from the ring but net worth of Magic Johnson still is a surprising figure for us. His early career begin in a rough way. His father was a worker at the General Motor assembly. His mom was a school janitor. His passion in basket ball began when he watched Earl Monroe played his game. Since then, he joined the basketball team in his high school, Everett High School.
How much is Magic Johnson worth is really difficult to answer, as he continues to earn every year, although his sports career has been long over.
People began to nickname him, Magic due to his magnificent work after scoring a triple, 18 rebounds at the age of 15. His senior year is coloured with the activity and he joined several championship with his team mates for his school. His interest in basketball got offers from high profile school but he refused them all and joined the Michigan State University instead. For the first time, Magic Johnson led his team in 1979 for NCAA finals. He was named the Most Outstanding Player after defeating the star Larry Bird. The greatest sport and most watched play in the history. It changed his life since then.
Magic Johnson During His Rookie Year
His draft in 1979 began with a good one. His team mate led him to win the MVP award. He won more of the appearances plus championships. He joined LA Lakers along with his mate, Kareem Abdul Jabbar. Magic is one of the greatest point guard in the history. But his career has to stop after knowing that he is infected with HIV virus in 1991. He retired in 1996.
Magic Johnson As A Businessman
His retirement as a basketball player does not seem to stop his overall activity in the entertainment world. He earned more than $18 million with the salary comes from endorsements. He built his own empire, Magic Johnson Enterprises that works on movie studio, and marketing company. He bought the Lakers and sold it in 2010. It earned him $60 million. He also bought Starbucks chain and sold it again for $75 million. His recent purchase was in 2012 of LA dodgers.
Magic Johnson Wife And How She Deals His HIV Infected Husband
At first, Cookie Johnson felt a broken heart knowing that her soul mate is a HIV infected. But then she still supports Magic because she feels that they are soul mate. Luckily, both, Cookie and their son are not infected with the virus. Magic Johnson said that he wouldn’t forgive himself if his wife was affected by the virus.
The first time he heard about the news was in 1991 and it was at his top career. He kept it secret and after a few years later in 1996, he made a public confession and stated that he would retire from basket ball. The devastating part was when he tried to talk to his wife at home and he was ready when she wanted to leave but she did not. And the test also came out great that his wife and his kid are not infected by the deadly virus.
What do you think about Magic Johnson career and how is he compared to some of the famous names like Michael Jordan or Charles Barkley?