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.

Let's Make Africa & The African Diaspora The Largest Economy In The World!

The African Diaspora is the worldwide collection of communities descended from native Africans or people from Africa. Black People!

One small step in overcoming 500 years of "The HUMILIATION of Black People." We must never forget!

A message from Errol I. Mars, founder of BlackEntrepreneurProfile.Com

I would like to tell you about our mission and how you can help us fulfill it. Our mission is to build the most comprehensive database of successful black entrepreneurs, executives and companies. We originally started blackentrepreneurprofile.com to show successful black people who didn't play sports or entertain others for a living. Over the years we've received many emails from users who really approached the fact that this resource was available and how it has motivated them or inspired their children.

The research we perform along with the free content we produce -- takes a lot of hard work, time and money. Striving to produce high quality content requires the support of sponsors who are aligned with our vision.

We need your help to accomplish this. We welcome any financial contribution you can make to help us improve our technology and content by contributing to us using one of the following methods.

Your contributions will help our small, independent team to focus on producing great content and will allow us to continue to grow Black Entrepreneurs & Executives Profiles.

Recently Added Black Executives

Occupation: Businesswoman; Position: Global Chief Marketing Officer; Company: Logitech International S.A.; Industry: Consumer electronics,…

Occupation: Businessman; Position: President & CEO, Converse, Inc.; Company: NIKE; Industry: Apparel, Accessories, Sports equipment; …

Occupation: Businesswoman; Position: President & CEO; Company: Electro Soft, Incorporated; Industry: Manufacturing, Electronics Components; …

Occupation: Businessperson; Position: VP, Strategy & Development; Company: NIKE, Inc.; Industry: Apparel, Accessories, Sports equipment; …

Occupation: Businessman; Position: President of Jordan Brand; Company: Nike, Inc.; Industry: Apparel, Accessories, Sports equipment; …

Latest News & Articles

Rihanna’s billion-dollar Savage X Fenty lingerie brand plans to open storefronts in 2022. “Retail is an important part of our growth strategy. You’ll…

Percy "Master P" Miller, the serial entrepreneur and master marketer known best for founding No Limits Records, is celebrating reaching 1 million…

Firefly Aerospace, Inc., a leading provider of economical and dependable launch vehicles, spacecraft, and in-space services, today announced that…

Rihanna is now worth $1.7 billion, making her the wealthiest female musician in the world. But it’s wasn't music that’s made her so rich.

Jay-Z and NBA player Andre Iguodala, was among group of investors who worked with Blackstone Group Inc. in purchasing Certified Collectibles Group, a…

Black Billionaires

Born: April 10, 1957, Kano, Kano State, Nigeria; Occupation: Businessperson; Position: Chairman, President; Company: The Dangote Group; …

Born: February 20, 1988, Saint Michael, Barbados; Occupation: Businesswoman, singer, songwriter, actress; Position: Co-Founder; Organizations: …

Born: December 4, 1969, Brooklyn, NY; Company: Roc Nation; Position: Founder; Industry: Media, Entertainment, Publishing, Fashion; Residence:…

Born: June 8, 1977, Atlanta, Georgia; Occupation: Rapper, Music Producer, Fashion Designer, Businessman; Position: Founder; Company: Yeezy; …

Born: January 29, 1954, Kosciusko, Mississippi, U.S.; Occupation: TV Host, Actress, Film & TV Producer, Businesswoman, Philanthropist; Position:…

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. Learn more...