Magic Johnson — Magic Johnson Enterprises
The NBA legend founded his investment company in 1987 with a mission to strengthen urban and underserved communities.
Throughout the history of the company, he's had deals with Pepsi-Cola, Sony Retail Entertainment (to create the multiplexes of Magic Johnson Theatres), T.G.I. Friday’s, Founders National Bank, 24 Hour Fitness, Burger King, Best Buy, and more. In 2010, his deals to sell his stake in the Los Angeles Lakers and his 125 Starbucks stores netted him about $100 million. In 2012, he became co-owner of the LA Dodgers, a purchase of $2 billion. MJE is reportedly worth $1 billion.
Magic on the basketball court, and magic in the boardroom.