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What is Magic Johnson's net worth 2021?
As of 2020, Magic Johnson's net worth is estimated to be $500 million. Of that, Johnson earned $30 million dollars from his NBA salary in the last year, $9 million of which came from his appearance in the Los Angeles lakers Game 5 overtime victory over the Golden State Warriors in the 2019 NBA Finals.
The Los Angeles Lakers legend has earned millions of dollars throughout his long basketball career. After earning $20 million from his endorsement deal with the company, Johnson has been able to accumulate a net worth of around $100 million.
In addition to the NBA earnings, Johnson has earned a fortune from his business ventures. Magic has invested in a number of successful companies including, but not limited to, Uber, Beats Electronics, and the Los Angeles Dodgers. As of 2020, the Los Angeles Lakers legend's net worth is estimated at $500 million.
To put that figure in perspective, Johnson has earned $30 million dollars from his NBA salary in the last year, $9 million of which came from his appearance in the Los Angeles Lakers' Game 5 overtime victory over the Golden State Warriors in the 2019 NBA Finals.
The Los Angeles Lakers legend has earned millions of dollars throughout his long basketball career.
After earning $20 million from his endorsement deal with the company
What is Magic Johnson net worth in
The amount of money that Magic Johnson has earned throughout his illustrious NBA career is absolutely staggering. He has won 11 championships and has been named an NBA All-Star 11 times. Magic is the first person to have had a career that spanned both the NBA’s last two decades.
He has been named one of the 50 greatest players of all time and was the first NBA player to be named the league’s MVP in both the regular season and the playoffs. As of 2020, Magic Johnson has earned an estimated net worth of $1.1 billion.
The Los Angeles Lakers legend made a fortune on his career as a professional athlete and in commercial endorsements. In addition to his annual salary of $23 million from the Lakers, he earns royalties from the sale of his image and likeness. He also has investments in Beats Electronics, the company he co-founded with fellow NBA star, Dr.
Dre. The price of Magic Johnson’s net worth is estimated to be $1.1 billion. He made a fortune on his NBA career with 11 championships, 11 All-Star game appearances, and 11 NBA MVPs. He has also earned millions from commercials, his image and likeness, and the sale of Beats Electronics.
What is Magic Johnson's estimated net worth?
The former Los Angeles Lakers star has recently made headlines for his HIV diagnosis. The announcement of his diagnosis caused a significant drop in his endorsement deals and his salary. There were also reports that the former two-time NBA MVP would retire from the game.
While there is no confirmation that Johnson will stop playing, his estimated net worth will definitely drop drastically. However, the HIV diagnosis has not deterred him from helping his community by becoming an HIV ambassador. He is also a strong advocate of fighting for equal In 2019, Magic Johnson's estimated net worth was $500 million.
This includes his estimated 2019 earnings of $61 million from his endorsement deals with brands such as Coca-Cola and GenStrike. It also includes $15 million from his stake in the Los Angeles Lakers. The former Lakers star has earned approximately $500 million from his endorsement deals and his stake in the Los Angeles Lakers.
He also has investments in several businesses, such as Beats by Dre and Fast Break Group, which are estimated to be worth $200 million and $30 million, respectively. His estimated net worth also includes his real estate investments, which are estimated to be worth about $200 million.
What is Magic Johnson's net worth
The Los Angeles Lakers legend's net worth is estimated around $500 million. He is the wealthiest African-American athlete in American sports history. He made most of his money from commercial endorsements and his own businesses. He is the founder and owner of the Magic Johnson Enterprises (MLE).
MLE is involved in television production, restaurants, fashion, real estate, and digital marketing. It was founded in 2010. The current estimated net worth of Magic Johnson is estimated to be about $500 million dollars.
While we cannot confirm this figure, it seems credible considering the success of his many business ventures, as well as some of the endorsement deals that he's signed. Johnson has made a name for himself as one of the greatest athletes of all time and is also the first HIV-positive person to be drafted into the NBA. This has definitely made him a role model for millions of people.
If you've looked over the list of all-time NBA earners, you may have noticed something interesting: Magic Johnson is one of the few to make six-figures in annual salary. In fact, he's the highest-paid among the top 20 highest-paid players in the NBA. He made over $23 million in the 2010-2011 season alone.
What is Magic Johnson's net worth in
The Los Angeles Lakers legend is one of the NBA’s all-time greatest stars and a living legend in the sporting world. His impact on the game of basketball and the NBA culture is immeasurable, and no one can say for sure what his net worth is today.
The former Los Angeles Lakers star is widely known as one of the greatest basketball players of all time. He won 11 NBA championships and is the most decorated player in NBA history. He was the first and only African-American to win the MVP award six times, and he was the first NBA player to earn $30 million in a single season.
Given the length and success of his career, it’s not surprising to learn that the former Los Angeles Lakers star has accrued a huge fortune. The business magnate is estimated to have earned well over $400 million throughout his illustrious NBA career.