How Magic Johnson Spends $600 Million Dollars


Magic Johnson has a net worth of $600 million, which makes him one of the richest NBA stars of all time. He amassed only $40 million from his NBA career, but he managed to turn that small fortune into massive wealth by investing in major companies like Starbucks. He has also earned millions from real estate deals. Johnson created the Magic Johnson Foundation shortly after his HIV diagnosis, and he has donated millions to numerous other charities. His investment firm, Magic Johnson Enterprises, is worth more than $1 billion, and he is part owner of both the Los Angeles Dodgers and Los Angeles Sparks. Magic Johnson owns a stunning mansion in Beverly Hills as well as a beautiful beach house in Southern California. Magic Johnson’s man cave in his Beverly Hills home is filled with his NBA hardware and championship rings. Johnson has an incredibly cool car collection, and the stand-out piece in his garage is undoubtedly his $500,000 Rolls Royce Phantom Drophead Coupe. Magic enjoys traveling around the world and relaxing at luxurious vacation resorts. One of his favorite destinations is the sunny and idyllic French Riviera town of Saint Tropez. He and his family went on an epic shopping spree there and spent thousands on Dolce and Gabbana luxury goods. Magic also hosted a lavish soiree in Saint Tropez to celebrate his 60th birthday. Here’s a look at how Magic Johnson earned his fortune and the amazing things he buys with all that money. Keep watching for more.

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Written by: Rob Cramer
Narrated by: Chris Montrose
Edited by: Marcela Medina Saenko
Animated by:Marcela Medina Saenko

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00:00 Intro
00:42 Magic Johnson
01:27 Amazing Real Estate Portfolio
03:32 Cool Car Collection
05:04 Traveling Around the World
05:47 Charity Work
06:23 Investments and Business Ventures

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