What is Magic Johnson’s Net Worth?
Net Worth: $1.2 Billion | Age: 64 | Citizenship: U.S.
Johnson made his name in basketball, but long before the crazy salaries or even endorsements deals of late. Instead he made his fortune in business and, specifically, through savvy partnerships with other billionaires. He owns pieces of the NFL’s Washington Commanders (with Justin Harris), the MLB’s Los Angeles Dodgers (with Todd Boehly), the WNBA’s Los Angeles Sparks and MLS’ LAFC. Most of his wealth comes from his stake in Iowa-based life insurance provider EquiTrust.