Magic Johnson Net Worth

Magic Johnson Net Worth

Net Worth:

Real Name: Earvin "Magic" Johnson Jr.
Birthday: August 14, 1959 (59 years old)
Source of Worth: Athletes
Profession: Athlete
Residence: Dana Point, CA
Birth Place: Lansing, MI
Martial Status: Married
Children: 3
Education: Michigan State


Magic Johnson is a former American basketball player, born on August 14, 1959. He comes from a larger family, from 9 brothers and sisters. He played as the point guard for Los Angeles Lakers, National Basketball Association for 13 seasons.

Before his professional career, he played college basketball at Michigan State University. After college, he started playing for Lakers in 1979.For his first season, he averaged 18 points which were a good start. He received NBA’s Most Valuable Players Award for his contribution to team victory against Philadelphia 76ers.

He received his second MVP award in his third season. During the 1980s his team and he were to be one of the NBA’s top competitors. in 1987 NBA finals he received his last MPV awards, in which Lakers yet again defeated the Boston Celtics.

magic johnson net worth 2016

In 1991 after his announcement of being HIV positive he took retirement from basketball. To help erase the stigma related to the disease he spoke widely about it to increase awareness, and founded the Magic Johnson Foundation in order to support research for HIV/AIDS. He also wrote What You Can Do To Avoid Aids in 1992.

He also played in the ‘Dream Team’ alongside legends like Michael Jordan, in the 1992 Summer Olympics. During his life, he has written 3 books, My Life (1992), Magic (1983) and Magic’s Touch (1889). Though in 1996 he returned to Lakers but then he retired permanently. His record includes a score of 17,707 points and 10,141 assists, 6,559 rebounds and 1,824 steals. He is named NBA’s list 50 greatest players, 1996 and was also added to Basketball Hall of Fame, 2002.  He is the owner of Magic John Enterprises and wrote the book 32 Ways to be a Champion in Business.

Magic Johnson Net Worth By Year

Year Net Worth
Current Net Worth $600,000,000
2016 Net Worth $600,000,000
2015 Net Worth $500,000,000
2014 Net Worth $426,000,000
2013 Net Worth $400,000,000
2012 Net Worth $397,000,000
2011 Net Worth $320,000,000


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