3. Magic Johnson – Net Worth: $1.2 Billion
Magic Johnson has moved past an empire and has turned his fortune into one. That money goes to building Magic Johnson Enterprises, which includes stakes in Starbucks, movie theaters and various sports teams like the Los Angeles Dodgers.
Johnson lives the life of luxury—owning numerous homes and flying in style—but he’s also a luddite philanthropist. His wealth is used to further HIV/AIDS awareness through the Magic Johnson Foundation and exists for more than personal gain: he takes care to support underserved communities as well.
