Earvin 'Magic' Johnson is the world's newest billionaire. The 64-year-old Johnson also owns stakes in a trio of Los Angeles professional sports franchises, including the WNBA’s Los Angeles Sparks, MLB’s Los Angeles Dodgers and the MLS’ LAFC. Following the 1990-1991 NBA season, Johnson tested positive for HIV, the deadly virus that leaves the immune system compromised and can lead to AIDS if untreated. Surprising FactJohnson is only the fourth professional athlete Forbes has identified as a billionaire, following NBA legends Michael Jordan and LeBron James, as well as golfer Tiger Woods, though Johnson’s income comes primarily off the court. Further ReadingMagic Johnson Is Now A Billionaire (Forbes)Michael Jordan Is Now Worth $3 Billion And Joins The Forbes 400 (Forbes)Russell Westbrook Means Business (Forbes)The Highest-Paid NBA Players 2023 (Forbes)

Source: Forbes October 30, 2023 06:23 UTC