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Magic Johnson Enterprises is an investment company founded by Basketball Hall of Famer and entrepreneur Magic Johnson. [1] The company was founded in 1987 and is based in Beverly Hills, California . Magic Johnson Enterprises formerly owned Magic Johnson Theatres and 24-Hour Fitness /Magic Johnson Sport health clubs.
The label, initially called Magic 32 Records, was renamed Magic Johnson Music when Johnson signed a joint venture with MCA in 2000. Magic Johnson Music signed R&B artist Avant as its first act. [ 221 ] [ 222 ] Johnson also co-promoted Janet Jackson 's Velvet Rope Tour through his company Magicworks. [ 223 ]
His company, Magic Johnson Enterprises, also owned more than 100 Starbucks from 1998 to 2010. He sold them and made $100 million. The foray into the NFL could be his biggest leap yet.
Related: All About Cookie Johnson, the Entrepreneur Married to Magic Johnson. In more ways than one, Magic and EJ are cut from the same cloth and have spent the majority of their careers uplifting ...
Magic Johnson has bought an ownership stake in the National Women’s Soccer League’s Washington Spirit, the basketball great-turned entrepreneur's latest addition to his professional sports ...
Magic Johnson Theatres is a chain of movie theaters, originally developed in 1994 by Johnson Development Corporation, the business holding of basketball player-turned-entrepreneur Magic Johnson, and Sony Pictures Entertainment through a partnership with Sony-Loews Theatres.
Former NBA star and investor Magic Johnson is officially a billionaire, becoming the fourth athlete to earn that title, according to Forbes. Johnson, 64, is worth about $1.2 billion, ...
Earvin 'Magic' Johnson's sports empire has grown to include the Dodgers, Sparks, LAFC and Washington Commanders. He also became the fourth billionaire athlete.