“I Make Money When People Are Sleeping”: Richer Than Shaquille O’Neal, $620 Million Worth Magic Johnson Gives a Sneak Peak Into Massive Wealth
Follow Us
via Getty
LOS ANGELES, CALIFORNIA – JUNE 22: Magic Johnson speaks onstage during The Genius of Magic Johnson Sponsored by Denny?s at The Genius Talks Sponsored By Credit Karma during the BET Experience at the Los Angeles Convention Center on June 22, 2019 in Los Angeles, California. (Photo by Frazer Harrison/Getty Images for BET)
Former NBA Players Matt Barnes and Stephen Jackson released the first episode of the year earlier this week. They hosted the Los Angeles Lakers legend Magic Johnson on their show All the Smoke. In this hour-long episode, Johnson spoke about his career and gave fans insight into his several ideologies while also speaking about the values he learned growing up. One such value changed his life, making him the millionaire he is today.
Most often than not, a successful NBA player expands their on-court triumph to sections off the court. They invest and endorse brands while also building their business empires. Michael Jordan, Shaquille O’Neal, LeBron James, and Johnson are some examples. With that said, Johnson spoke about the value that helped him build a 620$ Million worth empire, an amount more than what Shaquille O’Neal has.
Magic Johnson on his wealth
ADVERTISEMENT
Article continues below this ad
In the episode, Magic Johnson revealed that his father, a loyal worker in the general motor industry, always emphasized working hard to achieve anything in life. This turned him into an individual who loves to work, leading to his establishing a million-dollar empire. His love for working made him follow a disciplined routine wherein he hits the bed at 8 pm. He said, “I make money when people sleep.”
Trending
Shaq Warns Lakers Locker Room Of Jeanie Buss Game Plan If Darvin Ham & Co Fail Vs Nuggets
April 24, 2024 09:42 PM EDT
Heat Injury Report: Latest On Jimmy Butler, Terry Rozier, Duncan Robinson Ahead of Game 2 vs Celtics
April 24, 2024 02:46 PM EDT
What Happened to Kenny Smith’s Legs? Unfolding the Sad Truth Behind TNT Host’s Dodgy Knees
April 22, 2024 08:05 PM EDT
Joel Embiid Banned By Empire State Building After Dangerous Incident On Court With Mitchell Robinson
April 26, 2024 02:59 AM EDT
“So Rigged”: All Hell Breaks Loose as Jamal Murray Forces LeBron James’ Lakers Into Bitter Embarrassment
April 23, 2024 06:21 AM EDT
Get instantly notified of the hottest NBA stories via Google! Click on Follow Us and Tap the Blue Star.
Follow Us
He revealed that a typical day in his life begins at 4 am with training and an hour of cardio. Following this, he spends the rest of the day in the office. Johnson emphasized that to build a successful business, people have to make money when others are asleep. Hence nothing for him happens after 8-8:30 pm, rather he hit his bed to prepare for the next day.
ADVERTISEMENT
Article continues below this ad
This discipline has helped him all through his life. He launched the Magic Johnson Enterprise post-retirement. This enterprise owns a marketing firm as well as theatres and movie studios.
Johnson owned a small percentage of the lakers team that he sold in 2010. For years together, he also owned a chain of Starbucks joints which he sold recently. He also spends his time in social service and helping the community. The NBA Legend continues to grow and make the most of his position and the lessons he learned as a young boy continue to help him.
ADVERTISEMENT
Article continues below this ad
Watch This Story – Magic Johnson Drops the Hammer on Kareem Abdul-Jabbar as LeBron James Nears Iconic NBA Scoring Record
What’s your take on this Magic Johnson story? Let us know your thoughts in the comments below.
Written by:
Edited by:
Jayant Chhabra