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Posted: 2025-04-12 16:14:14 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-04-12 16:14:48 UTC
Verified By
Rollup News
Magic Johnson retired from the NBA in 1991 and built a billion-dollar empire by leveraging his name and investing in various businesses, including a $26B insurance company and ownership stakes in sports teams like the Dodgers, LAFC, Sparks, and Commanders.
Built a $26B insurance company
Owns the Dodgers, LAFC, Sparks & Commanders
Invested in underserved neighborhoods
Turned fame into leverage
Overcoming HIV diagnosis and transitioning to business
Facing skepticism when investing in underserved communities
Navigating the complexities of diverse business ventures