Web Reference: 1 day ago · The Basketball Hall of Famer is worth $1.2 billion thanks to investments in several professional sports teams and a life insurance company that has reached new heights under his ownership. Oct 30, 2023 · 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. Jun 30, 2025 · 2. Magic Johnson’s net worth is $1.5 billion Magic Johnson played only for one team - the Los Angeles Lakers - for his entire career. His one-club contract was valued at $25 million in 1984.
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Magic Johnson Net Worth - Latest Information & Updates 2026 Information & Biography
Details: $61M - $76M
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Last Updated: April 3, 2026
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