![Magic Johnson](/content/images/size/w1304/format/webp/wp-content/uploads/2023/10/magic-johnson-3.jpg)
Magic Johnson joins Taylor Swift and 263 others in the ranks of world’s newest billionaires
His inclusion in the exclusive billionaire club underscores his enduring legacy both on and off the basketball court.
His inclusion in the exclusive billionaire club underscores his enduring legacy both on and off the basketball court.
Katie Lou Samuelson, a star player for Magic Johnson’s LA Sparks, is back on the court after maternity leave.
Johnson’s empire extends far beyond the realm of sports. He is a majority owner of EquiTrust, a life insurance company that he acquired in 2015.
Through Magic Johnson Enterprises (M.J.E.), Johnson has had investments in insurance, healthcare, food services, staffing, and sports.
The funds will aid the technological transfer needed to jumpstart production in South Africa.