Magic Johnson

John Max 29 Dec,2017


Magic Johnson is a retired professional basketball player as well as a former president of basketball operations for the Los Angeles Lakers of the National Basketball Association.

Johnson was honored as one of the 50 Greatest Players in NBA History in 1996. The 59 years old president is receiving an annual salary of $25 million. As of 2019, he reportedly has an estimated net worth of over $600 million. The owner of Magic Johnson Enterprises which is worth over a billion dollars, Johnson is one of the most successful African Americans businessmen.

Magic Johnson Net Worth and Endorsements; His Properties and Business Ventures

Magic Johnson is indeed a wealthy man, Johnson has an estimated net worth of $600 million as of 2019. He is receiving an annual salary of $25 million

The five-time NBA champion has reportedly earned more than $100 million from his 2010, sales of his Starbucks Franchise and his 4.5% stake in LA Dodgers. Apart from these, his business includes Insurance, health care, and staffing. He owns the Los Angeles Sparks and the Los Angeles football team.

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Having a great time on the jet ski!

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Johnson owns the Magic Johnson Enterprises, a company worths $1 billion according to the Celebrity Net Worth.

House and Cars

He also owns his own movie studio company. As for living, he resides in California in a home with a real estate value of $7 million. Further, his mansion in Dana Point, CA is worth $6.7 million. He owns houses in several places and has a huge collection of cars: Ferrari and BMW, alongside owning a private jet.

Magic Johnson Personal Life; Is he Married?

Magic Johnson is a married man, he got married to his loving girlfriend Earlitha "Cookie" Kelly. The couple tied their knots on 14 September 1991, in a small wedding in Lansing, among his family and friends.

The couple together has two children. Their son Earvin III Johnson was born on June 4, 1992. Their son is an American television personality and socialite, who has been noted for his feminine and androgynous fashion style.

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Twix #nyfw #teamthis

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Earvin revealed that after Caitlyn Jenner's coming out as a transgender woman, he thought about transitioning, but decided against it.

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I’m so blessed to spend this holiday with my amazing family. Happy Thanksgiving to all!

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In 1995, the duo adopted a daughter, Elisa Johnson.

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Further, Magic Johnson has a son from his previous relationship with Melissa Mitchell. The pair gave birth to a son, Andre Johnson in 1981. He created the Magic Johnson Foundation to help combat HIV and other charitable goals.

Magic Johnson Bio and Early Life

Magic Johnson was born as Earvin "Magic" Johnson Jr. on 14 August 1959 to American parents, Christine Johnson, and Earvin Johnson Jr. in Lansing, Michigan. The all-time favorite Basketball star grew up along with six siblings. He attended Sexton High School and later joined the Michigan State University.

Magic Johnson Professional Career

As a Player

Magic Johnson was drafted as the first overall pick by the Los Angeles Lakers in 1979. He played as a point guard for the Lakers for 13 successive seasons. While at his rookie season, he won a championship and an NBA Finals Most Valuable Player Award. He retired roughly in 1991, after being diagnosed with HIV.

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After two years he returned to NBA winning the All-Star MVP Award. His career achievements include three NBA MVP Awards, nine NBA Finals appearances, twelve All-Star games, and ten All-NBA First and Second Team nominations. He was a member of the 1992 United States men's Olympic basketball team, which won the gold medal at the 1992 Olympics. He finally announced his retirement in 1994.

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As a coach

Johnson again returned to NBA as a coach for the Los Angeles Lakers in the 1993–94 NBA season, replacing Randy Pfund, and Bill Bertka, who served as an interim coach for two games. He won his first game as head coach, a 110–101 victory over the Milwaukee Bucks.

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He left his coaching career the next season and instead purchased a 5% share of the team in June 1994. Johnson replaced Jim Buss as the president of basketball operations for the Los Angeles Lakers on February 21, 2017.

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