#8
Magic Johnson
$1.2B. $40M NBA salary → billion-dollar empire. Dodgers, Starbucks, insurance.
Magic Johnson's $1.2 billion net worth dwarfs his $40 million NBA salary — over 30% of which was earned after retirement. Through Magic Johnson Enterprises, he sold Starbucks franchises for $200 million, owns EquiTrust life insurance with $3.6 billion in assets, and co-owns the Los Angeles Dodgers (turning a $130 million investment into a $5 billion valuation), LAFC, and the Los Angeles Sparks. His 12-theater chain in underserved communities proved profitable, generating $50 million annually.
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