Celebs So Wealthy, They Could Buy Your Town!
Magic Johnson – $1.2 Billion
Magic Johnson is more than a basketball legend; he’s a business powerhouse. After dazzling the NBA with five championships for the Los Angeles Lakers, he built Magic Johnson Enterprises, a massive empire with holdings across sports, insurance, and entertainment. He owns stakes in the Los Angeles Dodgers, LA Sparks, and LAFC, and in 2024, he joined the ownership group of the Washington Spirit.
With a fortune estimated at $1.2 billion, his wealth stems from savvy investments, including a 60% share in EquiTrust, a life insurance firm managing $26 billion in assets. Magic proves that his winning streak extends far beyond the basketball court.
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