Real Name: Earvin Johnson Jr.
Birthday: August 14, 1959
Birthplace: Lansing, Michigan
Spouse: Earlitha Kelly married in 1991
Children: Earvin Johnson III, Elisa Johnson, Andre Johnson
Salary: $50 million
Net Worth: $500 million
Magic Johnson isn’t most effective an icon withinside the international of sports activities however he’s a businessman that has possession in pretty much each side of life. He took his profits from his eponymous NBA profession and evolved his first enterprise assignment the Magic Johnson theaters that begin in Los Angeles. Today the theaters franchise has unfold to the east coast with places in New York and Maryland. Johnson owns a 24 hour health fitness center known as Signature Club with over 20 places throughout the country. He’s currenly operating on his personal cable community known as Aspire which ought to make it’s first tv debut in early 2015. Magic Johnson keeps to unfold his coins in investments withinside the sports activities area that would make him even richer. In 2012 Magic Johnson changed into a part of a collection that sold the Los Angeles Dodgers. Earlier this yr Magic sold the WNBA franchise Sparks in Los Angeles.
According to numerous reassets which includes Celebritynetworth.com Magic is worth $500 million. His earnings in 2013 changed into $50 million from his enterprise investments and sales from his photograph and name. He has endorsement offers with Pepsi, Burger King ( which he owns 31 franchises) Best Buy and ESPN.
Despite his present day economic and profession stature Magic Johnson has confronted a sequence of private hurdles which have helped make him who he’s today. In 1991 after a bodily for the 1992 Olympics Magic introduced he had examined effective for HIV. Johnson created the Magic Johnson Foundation to assist fight HIV. In 1992, he joined the National Commission on AIDS, a committee appointed through participants of Congress and the Bush Administration. In 2013 he labored with President Barack Obama to sell the Affordable Healthcare Act.