Magic Johnson Net Worth 2024 Projections 2024. Johnson, 64, is worth about $1.2 billion, the publication calculated, with most of his wealth stemming from his majority ownership of equitrust insurance company. It's magic johnson enterprises' controlling stake in equitrust, a life insurance company based in iowa, that makes up a majority of that $1.2 billion estimated net worth.
Magic partnered to bring movie theaters to predominately black neighborhoods and become a minority owner in numerous sports teams from the los angeles lakers, dodgers, sparks, and lafc to the. Forbes estimates johnson’s net worth to be at $1.2 billion.