Earvin Magic Johnson

Born: August 14, 1959. Lansing, Michigan;
Occupation: Businessman;
Company: Magic Johnson Enterprises;
Industry: Services;
Position: Chairman, CEO;
Residence: United States;
Nationality: American;
Net worth (Estimate: 2020): USD > $600 Million
Earvin Effay (Magic) Johnson, Jr. is Chairman and Chief Executive Officer of Magic Johnson Enterprises, a company with a successful portfolio of national franchises, including Starbucks, Burger King, 24 Hour Fitness, Washington Mutual Home Loan Centers, AMC/Magic Johnson Movie Theatres and T.G.I. Friday's. Through targeted investments in key markets, Magic Johnson Enterprises franchise networks serve more than 32 million consumers annually in 163 locations in 19 states across the United States.
Although Mr. Johnson is universally known for his illustrious, 13-year career with the National Basketball Association, he has redefined himself as a businessman with the objective to revitalize and provide quality entertainment and services to neglected, urban communities. In this role, Johnson encourages recognized business leaders to restore services to, as well as develop new business enterprises in, under-served communities throughout the United States.
Magic Johnson Enterprises focuses on bring life back to the inner-city by creating jobs. "Creating black presidents, vice presidents, general managers, managers--that has been the best part," says Johnson. In a Fortune magazine article he stated, "Kids look to ballplayers as idols, but BET founder Bob Johnson is my idol."
Mr. Johnson is universally known for his illustrious, 13-year career with the National Basketball Association. He is a five-time NBA champion and a 12-time All-Star, earned a place on ten All-NBA teams, and was three times named MVP of the regular season and the Finals. Few athletes are truly unique, changing the way their sport is played with their singular skills. Earvin "Magic" Johnson was one of them.
Earvin "Magic" Johnson's net worth was estimated to be between $800 and $900 million by Fortune magazine in 2008. Forbes magazine estimated his net worth at $500 million in May 2009.
Recently Added Black Executives
Septimus Blake
Created by BlackEntrepreneurProfile.com🇯🇲 Septimus Blake is Chief Executive Officer at National Commercial Bank Jamaica Limited. Mr. Blake joined NCB in March 2002, and has over two decades…
Ngozi Okonjo-Iweala
Created by BlackEntrepreneurProfile.comDr. Ngozi Okonjo-Iweala is Director-General at World Trade Organization, since March 2021. Dr. Okonjo-Iweala is a international finance expert, an…
Carla Vernón
Created by BlackEntrepreneurProfile.comCarla Vernón Bowles is the CEO at The Honest Company (NASDAQ: HNST), effective January 9, 2023. With over two decades of experience in consumer goods…
Latest News & Articles
Black Female Fortune 500 CEO Addresses Professional Women Nationwide
Created by The Network JournalWhen The Network Journal (TNJ) in 2017 asked Thasunda Brown Duckett to tell us the three most important things she would like people to know about…
Ethiopians Sue Meta for $1.6bn
Created by African.BusinessTwo Ethiopians have filed a lawsuit in Kenya’s High Court in Nairobi against US tech giant Meta, the owner of Facebook, for failing to prevent the…
The Complete Guide to Entrepreneurial Communities and How They Can Help You Grow Your Business
Created by Errol MarsIf you're looking to take your business to the next level, joining an entrepreneurial community can be a great way to do it. These communities provide…
FTC: Black Entrepreneur & Executive Profiles is reader supported, we may earn income on affiliate links. You support us by using our links to buy products, it will cost you nothing extra.
We also a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com.