Earvin “Magic” Johnson Becomes Newly Minted Billionaire According to Forbes 2024 Billionaires List

Earvin "Magic" Johnson Jr. is an American businessman and former professional basketball player widely considered one of the greatest point guards in NBA history. He was the cornerstone of the Los Angeles Lakers' "Showtime" era, leading the team to five NBA championships in the 1980s. His rivalry with Larry Bird of the Boston Celtics, one of the most legendary in sports history, revitalized the NBA's popularity.

After his early retirement due to an HIV diagnosis in 1991, Johnson became a powerful advocate for HIV/AIDS awareness and prevention, working to break down stigmas surrounding the disease. He is the Chairman and CEO of Magic Johnson Enterprises, a thriving business empire with investments in various industries, including movie theaters, insurance, and sports ownership (he is a part-owner of the Los Angeles Dodgers, Los Angeles Sparks, and Los Angeles Football Club).

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