Magic Johnson is now a billionaire, according to Forbes. Forbes says Johnson made $40 million playing in the NBA, but most of his wealth doesn't come from basketball. Johnson's career as a businessman took flight with savvy investments in the Los Angeles Lakers and Starbucks. Magic Johnson played 13 seasons in the NBA, all with the Los Angeles Lakers. Magic Johnson smiles with his parents after being drafted by the Los Angeles Lakers in 1979.

Source: Forbes October 30, 2023 23:59 UTC