Magic Johnson Net Worth

Net Worth: $500 Million

Statistics
  • Source of Wealth Basketball, Restaurants, Other Investments
  • Birth Place Lansing, Michigan
  • Height 6' 9" (2.06 m)
  • Marital Status Married (Earlitha "Cookie" Kelly)
  • Full Name Earvin Johnson Jr.
  • Nationality United States
  • Date of Birth August 14, 1959
  • Ethnicity African American
  • Weight 255 lbs (116 kg)
  • Occupation Retired Basketball Player, Businessman
  • Education Michigan State University, Everett High School
  • Children 3 (Andre Johnson, Earvin III, Elisa)
More StatsView More

About Magic Johnson

Retired American professional basketball Earvin “Magic” Johnson Jr. has an estimated net worth of $500 million. After announcing he had contracted HIV, Johnson became an entrepreneur, he introduced well-known brands to ethnically diverse neighborhoods via Magic Johnson Enterprises. He had partnerships with Starbucks, 24 Hour Fitness, T.G.I. Fridays, AMC Theatres. He also invested in urban real estate and companies catering to America’s underserved markets via his Canyon-Johnson and Yucaipa-Johnson funds. He awarded more than $1.1 million to community-based organizations that focus on HIV/AIDS education and prevention.

Earnings & Financial Data

The below financial data is gathered and compiled by TheRichest analysts team to give you a better understanding of Magic Johnson's net worth by breaking down the most relevant financial events such as yearly salaries, contracts, earn outs, endorsements, stock ownership and much more.

?
Choose Year
  • Earnings 1995
  • Earnings 1994
  • Earnings 1993
  • Earnings 1992
  • Earnings 1991
  • Earnings 1990
  • Earnings 1989
  • Earnings 1988
  • Earnings 1987
  • Earnings 1986
  • Earnings 1985
  • Earnings 1984
  • Earnings 1983
  • Earnings 1982
  • Earnings 1981
  • Earnings 1980
  • Earnings 1979
Earnings 1995 N/A
Contract 1995

Salary from playing for Los Angeles Lakers

$14,600,000
Earnings 1994 N/A
Contract 1994

Salary from playing for Los Angeles Lakers

$14,600,000
Earnings 1993 N/A
Salary 1993

Salary from playing for Los Angeles Lakers

$2,500,000
Earnings 1992 N/A
Salary 1992

Salary from playing for Los Angeles Lakers

$2,500,000
Earnings 1991 N/A
Salary 1991

Salary from playing for Los Angeles Lakers

$2,500,000
Earnings 1990 N/A
Salary 1990

Salary from playing for Los Angeles Lakers

$2,700,000
Sponsorship 1990

endorsements from Campofrio

$3,000,000
Earnings 1989 N/A
Salary 1989

Salary from playing for Los Angeles Lakers

$3,100,000
Earnings 1988 N/A
Salary 1988

Salary from playing for Los Angeles Lakers

$3,100,000
Earnings 1987 N/A
Salary 1987

Salary from playing for Los Angeles Lakers

$2,500,000
Earnings 1986 N/A
Salary 1986

Salary from playing for Los Angeles Lakers

$2,500,000
Earnings 1985 N/A
Salary 1985

Salary from playing for Los Angeles Lakers

$2,500,000
Earnings 1984 N/A
Salary 1984

Salary from playing for Los Angeles Lakers

$2,500,000
Earnings 1983 N/A
Salary 1983

Salary from playing for Los Angeles Lakers

$2,000,000
Earnings 1982 N/A
Salary 1982

Salary from playing for Los Angeles Lakers

$1,500,000
Earnings 1981 N/A
Salary 1981

Salary from playing for Los Angeles Lakers

$1,000,000
Earnings 1980 N/A
Salary 1980

Salary from playing for Los Angeles Lakers

$500,000
Earnings 1979 N/A
Sponsorship 1979

Endorsement from Converse

$2,000,000
Salary 1979

Salary from playing for Los Angeles Lakers

$500,000
Show all earnings