Magic Johnson declared a billionaire by Forbes

Magic Johnson declared a billionaire by Forbes

Photo: Magic Johnson/Twitter

Los Angeles Lakers legend Magic Johnson has recently become a member of the billionaire club, a select group that only a handful of athletes have entered, according to Forbes.

The magazine, known for tracking the wealth of celebrities, claims that their latest assessment of the former Lakers star officially designates him as a billionaire, with an estimated net worth of approximately $1.2 billion.

Forbes attributes Johnson’s substantial wealth after his basketball career to a diverse array of investments he has ventured into over the years.



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