Dream Wired
No Result
View All Result
  • Home
  • Celebrity
  • DramaAlert
  • Gossip
  • Movie
  • TV
  • Music
  • Comics
  • Shop
  • Home
  • Celebrity
  • DramaAlert
  • Gossip
  • Movie
  • TV
  • Music
  • Comics
  • Shop
No Result
View All Result
Dream Wired
No Result
View All Result
Home Celebrity

Magic Johnson Officially Joins ‘Forbes’ Billionaire List

rmtsa by rmtsa
October 31, 2023
in Celebrity
0
Magic Johnson Officially Joins ‘Forbes’ Billionaire List
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


You might also like

Cry Out Con 2025 Brings Soul, Spirit, And Strength To Houston

Jussie Smollett Talks Healing & His Return With The Lost Holliday

We Took A CorePower Yoga Sculpt Class With Jordan Chiles To Celebrate Mental Health Awareness Month

Magic Johnson – Source: Allen J. Schaben / Getty

Magic Johnson turned into the ultimate businessman after his NBA retirement, and it’s clearly paid off as the mega-mogul is now a billionaire.

When it comes to business, Magic Johnson is one of the most respected entrepreneurial minds in the game. Johnson has had tremendous luck acquiring partial ownership of several sports teams including the L.A. Dodgers, the L.A. Sparks, and the Los Angeles Football Club soccer team. Most recently Johnson also added an NFL team to his portfolio by purchasing a stake in the Washington Commanders.

Now according to Forbes, that last investment officially boosted him to billionaire status.

In addition to his sports teams, Forbes notes that the legend’s Iowa-based life insurance company is also flourishing and his insurance company EquiTrust makes up the majority of his fortune. Johnson also has smaller investments in movie theaters, gyms, networks and several Starbucks franchises.

Forbes estimates his net worth is around $1.2 billion and growing. Becoming a billionaire as a former or current professional athlete puts Magic Johnson in good company alongside Tiger Woods, Michael Jordan and LeBron James.

The NBA is reportedly expanding into two cities in the next few years and we know Magic Johnson won’t let that opportunity pass him by. We predict that he’ll acquire ownership in new teams and expand his fortune even further.

Congrats to Magic Johnson!



Source link

Tags: BillionaireForbesJohnsonjoinsListMagicOfficially
Share30Tweet19
rmtsa

rmtsa

Recommended For You

Cry Out Con 2025 Brings Soul, Spirit, And Strength To Houston

by rmtsa
May 10, 2025
0
Cry Out Con 2025 Brings Soul, Spirit, And Strength To Houston

MadameNoire Featured Video Over the course of three powerful, sold-out days, the 2025 Cry Out Conference transformed Houston into a hub of healing, praise, and purpose. From May...

Read more

Jussie Smollett Talks Healing & His Return With The Lost Holliday

by rmtsa
May 10, 2025
0
Jussie Smollett Talks Healing & His Return With The Lost Holliday

After years of silence, headlines, and heartbreak, Jussie Smollett is finally speaking through what he knows best; his art. “‘Y’all not about to chase me out of my...

Read more

We Took A CorePower Yoga Sculpt Class With Jordan Chiles To Celebrate Mental Health Awareness Month

by rmtsa
May 10, 2025
0
We Took A CorePower Yoga Sculpt Class With Jordan Chiles To Celebrate Mental Health Awareness Month

Hunter Moreno Earlier this week, CorePower Yoga, a popular yoga studio brand, invited us to take a fun yoga sculpt class with renowned gymnast Jordan Chiles in honor...

Read more

Paul Pierce Explains Why NBA Players Don’t Date Black Women

by rmtsa
May 9, 2025
0
Paul Pierce Explains Why NBA Players Don’t Date Black Women

MadameNoire Featured Video Paul Pierce doesn’t mind giving his opinion and he has a platform where he does that often.  But his take about why Black NBA players...

Read more

Kendrick Lamar Leads The 2025 BET Awards Nominations With 10

by rmtsa
May 9, 2025
0
Kendrick Lamar Leads The 2025 BET Awards Nominations With 10

The 2025 BET Awards nominations have been announced. Source: PA Wire – PA Images On Thursday, May 8, BET revealed the complete list of nominees for the upcoming...

Read more
Next Post
What caused Matthew Perry’s death? More investigation needed, LA coroner says – National

What caused Matthew Perry’s death? More investigation needed, LA coroner says - National

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Celebrity
  • Comics
  • DramaAlert
  • Gossip
  • Movie
  • Music
  • TV
  • Uncategorized

CATEGORIES

  • Celebrity
  • Comics
  • DramaAlert
  • Gossip
  • Movie
  • Music
  • TV
  • Uncategorized
No Result
View All Result

Recent News

  • Shedeur Sanders Reacts To Trump Blasting ‘NFL Owners’ Over His Draft Fall
  • Characters of the Week: Wild Cards & Leverage: Redemption Tap into Vulnerability in Stellar Episodes
  • General Hospital, Days of Our Lives Star Was 85

Copyright © 2023 DramaWired.
DramaWired is a content aggregator and not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Celebrity
  • DramaAlert
  • Gossip
  • Movie
  • TV
  • Music
  • Comics
  • Shop

Copyright © 2023 DramaWired.
DramaWired is a content aggregator and not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In