Magic Johnson Net Worth 2024 Today. As of 2024, his net worth is estimated to be $1.2 billion, showing how well he has managed his investments and diverse business interests. While most people know him for his exceptional talent on the basketball court, much of the athlete’s wealth stems from.

Magic johnson is now the fourth athlete to be named billionaire with a majority of his net worth coming from an investment in life insurance company equitrust. Magic johnson has an estimated net worth of $1.2 billion.