Magic Johnson Net Worth 2020 – How Rich Is This NBA League Legend
Still, it’s insolvable for Magic Johnson not to be listed on similar lists, If you class‘ topmost NBA players of all time’in the cybersurfer. This former basketball player is an NBA league and basketball legend in general. During his veritably successful career, he played for only one platoon in the NBA and has surely achieved the topmost success with the Los Angeles Lakers. According to statistics and colorful sources of data, Magic Johnson is presently one of the richest former athletes in the world. But have you ever wondered what his wealth is? If so, you’re in the right place to find out the net worth of Magic Johnson as well as some details from his particular life and career in the NBA. Well, if you ’re ready, let’s get started.
The Early Life of Magic Johnson
The full name of this successful athlete is Earvin “ Magic” Johnson Jr. He was born on August 14, in the time of 1959 in Lansing, Michigan as one of his parents’10 children. His father’s name is EarvinSr., and his mama’s name is Christine. Interestingly, Magic comes from a sports family because both father and mama used to play basketball during their academy days. Still, none of the parents ever played for any professional brigades. Rather, mama Christine worked as a janitor, and father EarvinSr. was one of the workers of General Motors. His father’s fresh job was scrap collection. He frequently involved Magic as the coadjutor, which made youthful Johnson frequently teased and scouted by peers from the neighborhood.
Still, it did n’t affect Magic Johnson veritably much, who as a youthful boy came fond of basketball and pictured of one day getting a professional player. In his nonage, Johnson’s hero was Bill Russell, who was a member of the Boston Celtics and a notorious generation of players who won as numerous as 11 crown titles from 12 played tests of the ballot.
As for his education, Magic attended Everett High School indeed though he was firstly supposed to go toJ.W. Sexton High School which was known as a academy that had a veritably successful basketball platoon and a great tradition when it came to this sport. Yet, rather of attending a generally black academy, he’d to go to Everett High School, which was dominated by white children. After graduating high academy, Johnson enrolled at Michigan State University.
Magic Johnson Career
Incontinently after joining the university, Johnson came part of the basketball platoon and equaled17.0 points,7.9 rebounds, and7.4 assists in his first season in the council league. As beforehand as the coming 1978-’79 season, Johnson came one of the leaders of his Michigan State Spartans platoon. It was veritably easy to see that the Magic had much more implicit than playing in the NCAA League as he led his platoon to the tests in which they were suitable to win against the Indiana State Sycamores and come titleholders.
During his council career, Johnson equaled17.1 points,7.6 rebounds, and7.9 assists per game. This meant that it was time for bigger challenges and a launch in the NBA. In 1979, he appeared on the NBA draft, where he was named as the overall first pick by his unborn Los Angeles Lakers platoon. By subscribing a professional contract and getting a part of the Lakers, Johnson has been suitable to play alongside NBA legends like Kareem Abdul-Jabbar and Norm Nixon.
His first season in the NBA was a dream come true as he was suitable to win the NBA Championship ring and come one of the stylish novitiate players in ballot history. Interestingly, in the last 6th game of the final series, the LA Lakers were weakened by thenon-playing of Abdul-Jabbar, so Johnson led the platoon to palm and a crown title in that game. For his playoff games, he was awarded the NBA Tests MVP Award and came the first novitiate player to make it. Also, Magic Johnson is one of only four players to win the NCAA and NBA crowns in a row.
Throughout his career, Johnson has played for only one platoon in the NBA, the Los Angeles Lakers. As a part of the platoon, he spent as numerous as 13 seasons, from 1979 to 1991, and latterly another season during 1996. During this period, he managed to help the Lakers win 5 crown titles in 1980, 1982, 1985, 1987 and 1988.
Relatively simply, his career in the NBA was emotional and Johnson is truly one of the stylish players to ever play. In 13 seasons, he has played 4 tests in addition to winning 5 titles.
Magic Johnson Career Statistics
Magic Johnson is one of
7 players who equaled22.5 points, 12 assists and 6 rebounds over a single season.
4 players who have won the NCAA and NBA crowns in a row,
6 players who scored triadic-doubles in the deciding game of the final series,
4 players who scored a triadic-double in their first playoff game,
2 players who have scored more than 20 assists in over 30 games,
. Magic Johnson Awards and Achievements
As we said, Johnson’s career was emotional and he managed to win 3 NBA MVP awards. In addition, he was named NBA steals leader 2 times, NBA assists leader 4 times as well as 1- time NBA free- gamble chance leader.
After ending his professional career, Magic Johnson turned to entrepreneurship. One of the stylish deals he has made was buying4.5 of his former LA Lakers platoon shares. He invested$ 10 million and latterly made 5 times profit by dealing his shares. Also, Johnson came a mate with Starbucks in which he invested$ 27 million to buy shares. Latterly, in 2010, he vended his shares for$ 100 million again making a huge profit on the plutocrat invested. All of these business collaborations are run by his company Magic Johnson Enterprises.
In addition to these big investments, Johnson is also involved in the business of insurance, caffs, healthcare, theaters, football as well as baseball brigades. First of all, we suppose of the Los Angeles Dodgers where Magic Johnson is one of the possessors.
Magic Johnson Family
Magic Johnson has been married to Cookie Johnson since 1991. They’ve a son EJ Johnson who’s gay. Also, in 1995 the couple espoused a son, Elisa. From his relationship with Melissa Mitchell, Johnson has a son, Andre Johnson, who was born in 1981.
Net Worth of Magic Johnson
Still, you may notice that in addition to a successful sports career, Johnson has a veritably successful entrepreneurial career, If you read precisely. Relatively simply, the plutocrat he earned while playing in the NBA league, he managed to invest and benefit multiply. All this has made him great wealth and presently places him among the richest African-Americans. Magic Johnson’s total net worth is estimated at a whopping$ 650 million.
