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Magic Johnson Net Worth 2021- The Greatest Point Guard in NBA History

Magic Johnson Net Worth 2021- The Greatest Point Guard in NBA History

Magic Johnson is a professional basketball player retired six feet nine inches. In addition, he is also a motivational speaker and an activist. He is now the president and owner of the Los Angeles Lakers and is also the CEO of billions of dollars worth of magical Johnson Enterprise. Here you can read about the path to success, clean wealth, career, and income.

Magic Johnson’s Early life

Earvin Johnson Jr. is one of Earvin Sr. and six Christine children. He was born in Michigan in 1959. His family did not have much money since his mother worked as a schoolman and his father was a garbage collector and a worker at General Motors. His parents and his brothers were used to playing basketball in high school. Even though he did not have a pleasant experience in high school because of racism, he was still considered the best basketball player from his country. After that, he attended Michigan State College, and there he took a course in a communication study. In college, he was named the most extraordinary player to lead his studies in the 1978-79 season. When he came to his personal life, he had a son with his first wife Melissa Mitchel, and another son and daughter adopted Elisa with her second wife, Earlitha Kelly. They currently live in California.

Magic Johnson’s Career

After appearing as the best player in high school and college, he began playing for the Los Angeles Lakers. He succeeded, and he was chosen on the NBA All-Rookie team and also the NBA All-Star game starter. He led the team for the glory in the 1980 NBA final and became the only rookie who won the NBA Final MVP Award. In 1981, he signed a $ 25 million contract and won the second NBA final MVP award in 1982. In the 1982-83 season, he lost to sixers and for the Celtics the following year. In the 1986-87 season, he was awarded the title of the Final MVP three after defeating Boston Celtics. He defended the title in 1987-88 and then he retired in the 1991-92 NBA season because he knew he was HIV positive. Besides being a player, he is also the Lakers coach from 1993 to 1995. He is a successful entrepreneur – he has a magical Johnson Enterprises worth $ 1 billion and also has a life insurance company that both controls around $ 14 billion.

Magic Johnson’s Awards and Achievements

This NBA legend is inducted in the Basketball Hall of Fame, Naismith Memorial Basketball Hall of Fame, 3 NBA MVP Awards…

Magic Johnson’s Net Worth

His net worth is around $600 million.

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