Who Is The Billionaire In The Lakers? The Surprising Answer

You’re right, it’s Magic Johnson who’s the billionaire on the Los Angeles Lakers!

Forbes, a well-respected business magazine, reported that Magic Johnson has joined the billionaires club, boasting a net worth of $1.2 billion. That’s quite an accomplishment! It’s not just his legendary basketball career that led him to this impressive financial status.

Magic Johnson, a former NBA star, has built a successful career beyond the court. He has wisely invested in businesses like the Los Angeles Dodgers, a Major League Baseball team. He’s also made smart investments in various companies.

These investments, coupled with his impressive earnings as a player and his savvy business ventures, have contributed significantly to his wealth. Johnson has even launched his own sports and entertainment company. It’s clear he knows how to make his money work for him!

So, while Magic Johnson is known for his incredible basketball skills, he’s also a successful businessman, solidifying his spot among the ranks of billionaires.