Basketball legend Earvin “Magic” Johnson Jr., also known as Earvin Johnson Jr., is a former NBA player and former president of the Los Angeles Lakers. E.J. the Deejay, Buck, Rawal, and Magic are just a few of Johnson’s many nicknames.
But Magic has become his most recognisable one because of his remarkable and unique playing style and mentality.
Magic Johnson Net Worth
Johnson was drafted by the Los Angeles Lakers in the NBA draught in 1979 after winning the high school basketball championships. Aside from that, he’s been ranked among the all-time greats of the National Basketball Association.
While with the Milwaukee Bucks, Denver Nuggets, Oklahoma City Thunder, Seattle Supersonics, and Minnesota Timberwolves, Magic has served as both a point guard and a centre.
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Magic Johnson Infancy and Childhood
Earvin “Magic” Johnson Jr. was born on August 14, 1959, in Lansing, Michigan, the United States.
His parents, Earvin Sr., a mechanic, and Christine, a school janitor, raised him. Earvin was greatly impacted and inspired by his parents’ work ethic and basketball heritage, which he witnessed firsthand.
Everett High School was a place where Magic decided to pursue his basketball career and join the school’s squad; after high school, Magic attended Michigan State University, where he led his team to an NCAA final appearance in 1979.
Magic Johnson Life at Home
Prior to his marriage to Earlitha Kelly (also known as Earlitha “Cookie” Kelly), Magic Johnson had a son from Melissa Mitchel named Andre Johnson, who was reared by his mother Melissa but had a close relationship with Magic.
Andre worked as a marketing director for Magic Johnson Enterprises after they used to spend time together during his summer vacations. In 1992, Johnson and Earlitha had a second son, Earvin III (EJ) (he is openly gay).
Elisa was adopted by Magic and Earlitha during that year, and they named her after her. After leading his university basketball team to the NCAA championships in 1979, Magic was taken as the NBA’s first overall pick in the 1979 draught by the Los Angeles Lakers, and he went on to have a stellar NBA career.
To help lead the team to victory in the NBA finals, he formed a partnership with Kareem Abdul Jabbar in his rookie season, and he was voted MVP in that year’s championship game.
Three times he was the most valuable player in the NBA finals, and three times he was the most valuable player overall in the NBA. The greatest rivalry in the NBA during Magic’s playing days was with Larry Bird.
Magic Johnson Intangible Assets
A former NBA player and successful entrepreneur, Magic Johnson’s net worth is estimated to be in the region of $600 million.
Apart from his playing days, where he earned a total of $18 million, Magic adds a few million more to his bank account from endorsements and sponsorships, bringing his total career compensation to $40 million.
Magic, on the other hand, has a $1 billion investment portfolio. Magic’s chain of cinemas and restaurants is also a major source of his enormous net worth and a key part of his capital’s quick rise.
Magic Johnson Property
As a result of his professional basketball career and his business ventures, Magic has amassed a sizable amount of high-income capital, making him an extremely valuable market participant.
There are now multiple different villa and house chains owned by Magic, spread throughout numerous cities. Johnson and Earlitha have a gated Beverly Park property in Beverly Hills.
Additionally, the pair owns a Tuscan-style beach house in Dana Point, California, part of Orange County. In Dana Point, Johnson and his family have a beachfront home. The Johnsons also own a beach property in the Beverly Hills area.
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Conclusion
Magic Earvin A true “Magic” player, Johnson Jr. is one of the finest and most legendary NBA players ever thanks to his unwavering commitment to professionalism and his undying passion for the game.
Magic’s basketball history began when he led his university team to the NCAA tournament and was selected first overall in the NBA draught. He went on to win numerous valuable trophies and awards, including NBA most valuable player and NBA finals MVP, and he did so not just once but several times.