Magic Johnson – $600 Million – Fitness Centers/ Operations
Another former basketball player who made it into our list is Magic Johnson, with a jaw-dropping $600 million, Magic stays as one of the richest athletes up to date. The legendary player is great at multitasking. He is able to manage his time equally for his entrepreneurship and family. This very talented star has a great mind and has made investments smartly. He invested in the one business which he thought would give him the most income, and he was right!
He owns a ton of great deals, investments, and businesses such as his 24-hour fitness centers, and the Magic Johnson Enterprises. It is a private company that runs a dozen 24-hour fitness centers, over 100 Starbucks locations, T.G.I. Friday’s in LA, and more foodservice companies. It seems like even outside the court, he still got his magic!