Magic Johnson Net Worth 2024 Projections 2025. After becoming the first overall pick in the 1979 nba draft out of michigan state, johnson went on to have one of. 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.
According to an article published by forbes on monday, johnson’s net worth is estimated at $1.2 billion, making him the fourth athlete recognized by the magazine to have reached billionaire. 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.
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