Magic Johnson Net Worth 2024 Ranking 2021

Magic Johnson Net Worth 2024 Ranking 2021. While most people know him for his exceptional talent on the basketball court, much of the athlete’s wealth. Magic johnson is now the fourth athlete to be named billionaire with a majority of his net worth coming from an investment in life insurance company equitrust.

Forbes now estimates his net worth to be $1.2 billion—the result of his stakes in those teams, and major investments in a slate of industries, including a 60% stake in iowa. Magic johnson’s net worth as of 2024 most likely exceeds $1.2 billion.