What is Magic Johnson's net worth today?

It was estimated in 2019 that the net worth of Magic Johnson is $500 million. He earned around $20 million in salary from the Los Angeles lakers and the NBA in the last 20 years, with the remaining $400 million coming from his businesses.

A large chunk of the former Lakers star's wealth comes from the commercial real estate he purchased and developed in high-profile cities like Los Angeles, California, and Atlanta, Georgia. The former Los Angeles Lakers star is estimated to have a net worth of $500 million. Johnson made his fortune in business.

He started the Magic Johnson Foundation which has given away more than $200 million to fund programs aimed at helping underserved communities such as HIV/AIDS, clean water, and education. The former Los Angeles Lakers star's estimated net worth is $500 million.

He earned around $20 million in salary from the Lakers and the NBA in the last 20 years, with the remaining $400 million coming from his businesses. A large chunk of the former Lakers star's wealth comes from the commercial real estate he purchased and developed in high-profile cities like Los Angeles, California, and Atlanta, Georgia.

What is Magic Johnson net worth in

The Los Angeles lakers legend is one of the highest-profile athletes in the world. He made headlines for his HIV diagnosis in 1991. He quickly returned to action after being given a life-saving drug cocktail of anti-retrovirals.

He has an estimated net worth of $1 billion. The Los Angeles Lakers legend is estimated to have a net worth of $500 million. If you’re wondering how that figure was reached, the answer is simple -- it’s just the amount of money Magic has earned throughout his illustrious career.

Just take a look at the list below to see all the different ways he earned his net worth. There’s no one in the NBA who has earned as much as Magic Johnson. It might seem like he’s made a lot of money over the years, but the reality is that he hasn’t. In the years before he earned a net worth, he had to pay out of pocket for his medical bills.

He made approximately $30 million over the span of 20 years.

How much is Magic Johnson worth today?

The total amount that is in Magic Johnson's net worth is estimated to be $500 million dollars. He earns around $20 million per year and has earned millions of dollars by endorsing products like Nike, Coca-Cola, and General Motors. He also had endorsement deals with Taco Bell, State Farm, and Visa.

He has a book called I Promise: My Life in the NBA, which has earned more than $30 million since its release in 2007. The legendary Los Angeles Lakers owner and former NBA star, Magic Johnson, is one of the most well-known African-Americans in business.

He has used his fortune to help fund the fight against HIV/AIDS, and in addition to owning the Lakers, he is the CEO of the Magic Johnson Enterprises, which includes interests in real estate, technology, entertainment, and fashion. As of 2020, the estimated net worth of Magic Johnson is $500 million dollars. In addition to being a businessman, he is the former co-owner of the L.

A. Lakers, which he fully purchased in 2012. The team has earned more than $1.5 billion in the past decade, and in 2020, MLB purchased a 10% stake in the Lakers to help finance renovations for the team.

What is Magic Johnson net worth today

Magic Johnson is one of the highest-paid athletes in the world, with estimated earnings of around $1.9 million in 2018. In addition to the NBA, he has endorsement deals with Puma, Sony, Visa, Coca-Cola, General Mills, State Farm, and Samsung. He also starred in the hit comedy series “Ballers” for the first three seasons.

The Los Angeles Lakers legend and HIV/AIDS activist is estimated to have a net worth of $600 million. The businessman and former NBA star has earned this fortune through a successful career in business and sports promotion.

His estimated net worth of $600 million is mainly the result of his business ventures, which include the sale of nutritional supplements and video games. As of June 2019, the net worth of Magic Johnson is estimated to be $600 million. This includes his earnings from his business and endorsement deals with corporations such as Puma, Samsung, and General Mills.

He also generates income through his investment portfolio and his earnings from the sale of the Lakers to the former owner of the team, Jeanie Buss. As of May 2019, the Los Angeles Lakers has a net worth of $1.3 billion.

In addition, the team owns a trophy

What is Magic Johnson's net worth

The former Los Angeles Laker legend has a net worth of around $500 million. This includes his investment portfolio, which is estimated to be worth about $400 million. He also has earned millions from his business ventures, such as being an investor in Beats by Dre.

Basketball star Magic Johnson's net worth is estimated to be $500 million dollars. The Los Angeles Laker legend has earned millions of dollars through his endorsement deals with companies like Coca-Cola, Adidas and State Farm. He has also made money from his foundation for HIV/AIDS research, which gives out $1 million annually to the fight against the disease.

Other sources of his income include his highly popular talk show, the annual Basketball Hall of Fame induction ceremony, and his own line of lifestyle products. Basketball superstar Magic Johnson is estimated to have a net worth of $500 million dollars.

Of this figure, $400 million is thought to be in his investment portfolio. He also has earned millions through his business ventures, including his stake in Beats by Dre. He has earned millions of dollars through his endorsement deals with companies like Coca-Cola, Adidas and State Farm.

He has also earned money from his foundation for HIV/AIDS research, which gives out $1 million annually to the fight against the disease