Magic Johnson Net Worth 2020 – Magic Johnson Biography, Career, Assets, Achievements, Net Worth:
Name: Earvin Johnson Jr. (Magic Johnson)
Date of Birth: 14th August 1959
Place of Birth: Lansing, Michigan
Profession: Basketball Player (NBA Player), Athlete, Entrepreneur, Talk Show Host, Actor, Film Producer, Television Producer
Magic Johnson Net Worth: 500$ Million and Increasing
Magic Johnson Net Worth 2020 – Biography, Early Life & Career, Assets & Net Worth: Earvin Johnson Jr., better known as Magic Johnson, is a retired basketball player (NBA player) and entrepreneur of America. Magic Johnson is in the list of One of the Richest Celebrities of America (United States). At present the Net Worth of Magic Johnson is more than 500$ Million. Magic Johnson was born in 1959 and had an interest in basketball from childhood.
Later Basket Ball became his passion and at the age of 15 he was given a name Magic for a wonderful game playing. Magic Johnson has been involved in Basketball as a Player as well as a Coach. Johnson has made 17707 Points in his whole Basketball career. Johnson has faced some ups and downs in life still he is successful at basketball games, business, and on Television.
Magic Johnson Net Worth 2020 – Biography, Career, Achievements & Net Worth
Earvin Johnson Jr. (Magic Johnson) was born on 14th August 1959 at Lansing, Michigan to parents Earvin Sr. (father) and Christine (mother). Johnson’s father Earvin Sr. was a General Motor Assembly Worker and his mother was a School Custodian. Johnson has learned about work ethics from his parents, as his father (Earvin Sr.) used to do janitorial work in late nights at a used car and get the garbage. Moreover, Johnson’s father did the janitorial work in addition to the work he was doing at his job. Johnson’s mother (Christine) did cleaning at home and cooking the meal for the next day every night, after working the whole day at school. Johnson had six siblings.
Magic Johnson Net Worth 2020
At a very young age, Johnson fell in love with basketball. Johnson’s parents (Earvin Sr. and Christine) both have played a basketball game in their childhood at schools. So Johnson belonged to an Athlete family. Johnson had some ideals in basketball i.e. Bill Russell, Earl Monroe, and Marques Haynes. By reaching the 8th Grade, Johnson became a dominant junior player by scoring 48 points in one game.
High School and Basketball Championship:
Johnson was aiming to play basketball at Sexton High School, however, he could not play there as he was sent to Everett High School. Sexton High School was very popular for their school basketball practice and team. But as Johnson’s two elder siblings, he was also admitted to the Everett High School. There was the racism of black and white people in the Everett High School that Johnson’s elder siblings have suffered. However, Johnson went to Everett High School and start practicing basketball, even though his sibling had asked him not to play.
Magic Johnson’s net worth is $600mil. He’s lending $100mil to minority owned businesses government has passed over. https://t.co/WPwlDfGqxQ
— David Mandell (@DSMandell) May 19, 2020
Once Johnson mentioned his Everett High School Experience as “As I look back on it today, I see the whole picture very differently. It’s true that I hated missing out on Sexton. And the first few months, I was miserable at Everett. But being abused to Everett turned to be one of the best things that ever happened to me. It got me out of my own little world and taught me how to understand white people, how to communicate and deal with them.”
At the age of 15, Johnson was awarded a label “Magic” at Everett High School as he had scored triple-double of 36 Points, 18 Rebounds, and 16 Assists. In the final season of his High Schools, Johnson brought his team, with his performance, to State Champion Ship and they won the match by 27-1 Score. In that championship, John had a high average per game of 28.8 Points and 16.8 Rebounds. In 1977 Johnson was named as McDonald’s All American Team.
Michigan University and Career:
Johnson had offers from several good colleges because of his performance in the basketball championship. But Johnson chose the place which was nearest to his home. So Johnson went to Michigan University. At Michigan, Johnson played with NBA draftees and made remarkable scores as a fresher. Later Johnson played in NCAA Tournament in 1978-79 and won the final against Indiana State scoring 75-64. At that time Johnson was declared the Most Outstanding Player.
In 1979 Johnson entered into National Basketball Association (NBA) Draft where his team Los Angeles Lakers. Then the latter 3-4 years, Johnson faced some ups and downs. Johnson’s career was going well until he revealed his HIV infection in 1991. But recovering the HIV, Johnson came back in 1994-95. Finally Magic Johnson took retirement from basketball in 1996.
Magic Johnson Net Worth 2020
After the completion of a basketball career, on retirement, Johnson started his own business named Magic Johnson Enterprises. The present value of Magic Johnson Enterprises is around 1$ Billion. Johnson has used his basketball career earnings and savings for establishing his business and as a result, today, Magic Johnson Net Worth more than 500$ Million.