Magic Johnson Net Worth

How Much is Magic Johnson Net Worth?

Net Worth$600 Million
Born August 14, 1959
Origin of countryUnited State of America
Source of WealthFormer NBA Player
Last Updated2021

Magic Johnson Net Worth

Magic Johnson Net Worth is $600 Million as per the latest update…

(This is not the exact net worth. But approximately close to it or even more)


Would you like to know?

The Secret …

How did he make $600 Million?

What is the main source of his wealth?


How does he spend it?

…are you interested in knowing about the Magic Johnson Success Story?

Let’s have a look…!

Who is Magic Johnson?

Magic Johnson is an American retired professional basketball player and former president of the Los Angeles Lakers team. He is best known for his career in the NBA and regarded as the best point guard of all time.

After playing 13 sessions for the lakers. He is recognized as one of the 50 greatest players in NBA history. 

He is one of the richest athletes in the world with a $600 million net worth.

Early life

Magic Johnson’s real name is EarvinMagicJohnson Jr. He was born in Lansing, Michigan, USA, on August 14, 1959. He is the son of Earvin Sr. a general motor assembly worker and Christine a school janitor.

He has learned strong work ethics from his parents. His mother spent hours after her work to clean the home and the next morning prepare breakfast for the family. Johnson was often called a “garbage man”, as he sometimes used to clear the garbage with his father.

He started loving basketball at a young age and his favorite basketball inspiration was Bill Russell. His other idolized players were Marques Haynes and Earl Monroe

His father and mother both played basketball in their early days of life.


Magic Johnson was first drafted overall by the Los Angeles Lakers in 1979. He signed a contract for 25 years of $25 million with the Lakers

In the 1981-82 season, he performed very well and averaged 18.6 points, 9.6 rebounds, 9.5 assists, and 2.7 steals per game.

He gave his extremely well performance and led the Lakers into the 1985 NBA finals. Where he averaged 18.3 points, 12.6 assists, 6.2 rebounds per game.

His extraordinary form continued for the next few years and in the NBA season 1988-89, he scored 22.5 points, 12.8 assists, and 7.9 rebounds per game.

In 1991, an incident changed his life forever, he was tested for HIV infection. He decided to retire and announced publicly his diagnosis. But still, he was chosen to compete in the 1992, Summer Olympics for the US basketball team.

He made a comeback in 1995, by joining the Lakers team for the NBA season 1995-96. In the match against the Atlanta Hawks, he scored 15 points, 13 assists, and 10 rebounds. 

In that season, he played 32 games and averaged 14.6 points, 5.7 rebounds, and 13 assists. Then he retired in the following sessions.

He is also a CEO and owner of “Magic Johnson Company

Magic Career Highlights 

Here are some of Magic’s career highlights.

  • Two-time basketball Hall of The Fame
  • NBA Finals Most Valuable Player Award
  • He has won many championships
  • WNBA champion 2016
  • World Series champion 2020
  • Grammy Awards 1993

Magic Johnson Social Profile

Magic Johnson Famous Quotes

“All kids need is a little help, a little hope, and somebody who believes in them.”

Magic Johnson

“I grew up poor, but I didn’t have poor dreams”

Magic Johnson

“In life, winning and losing will both happen. What is never acceptable is quitting.”

Magic Johnson

“You’re the only one who can make the difference. Whatever your dream is, go for it.”

Magic Johnson

Magic Johnson Motivational Video

4 Success Lessons From Magic Johnson


Never stop hustling in your life. Keep pushing yourself with a positive vision in your life. In every stage of your life and after every success. You have to start with another hustle.

Dream Big

What you think you become. If you don’t have big dreams you will not get anything bog in your life. Think big and grow big. If you dream big, you will achieve big.

Make Your Team Better

It’s your team that will make you win the game. It’s your team that will help you achieve your dream life. So remember to build a great team.

Learn to Listen

This is one of the most rewarding skills you can learn to grow and have success in your life. When you listen first, you become a proactive person. First, you listen and then you respond with your positive action.


Magic Johnson is one of the richest athletes and former NBA players. And now that you know about him it’s your turn to grab some success lessons from him and execute them into your work.

Also as per the recent updates, Magic Johnson Net Worth is $600 Million…!

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P.S: I wrote this article with a clear intention to have an impact on your life, Specially on all aspiring basketball players and entrepreneurs. To change yourself and have a successful life.

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