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The same year, he became part owner of MLS team, Los Angeles FC. [11] In 2023, Magic Johnson Enterprises, along with a group of others, purchased the Washington DC–based NFL team Washington Commanders for $6.05 billion. [12] In September 2024, Johnson invested in Washington DC–based National Women's Soccer League (NWSL) club, Washington ...
Johnson ended up building 105 locations, and his numbers were good enough that in 2010, after a 12-year partnership, Starbucks acquired the other half of the business from Magic Johnson ...
When Magic Johnson wanted to move from basketball to business, he picked up the phone and started cold-calling 20 people he wanted to meet. The vital lesson Magic Johnson taught Starbucks CEO ...
Basketball Hall-of-Famer Earvin "Magic" Johnson has sold his 50% stake in more than 100 urban Starbucks (SBUX) stores back to the company, Starbucks said Thursday. The news comes only three days ...
Kevin R. Johnson (born October 9, 1960) is an American businessman and software engineer who was the president and chief executive officer (CEO) of Starbucks Coffee Company from 2017 to 2022. Succeeding Howard Schultz as CEO, Johnson previously was the company's president and chief operating officer from 2015 to 2017.
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. [ 225 ] [ 226 ] Johnson also co-promoted Janet Jackson 's Velvet Rope Tour through his company Magicworks. [ 227 ]
Johnson has also made money from past investments including a movie theater chain that he sold to Loews in 2004 and about 100 Starbucks locations he sold back to the company in 2010.
The 12-time NBA All-Star turned elite businessman has a $1.2 billion net worth – making him the fourth professional athlete […] The post Magic Johnson named a billionaire by Forbes appeared ...