Matt Craig, SportsMoney Reporter, and Brittany Lewis, Breaking News Reporter, breakdown Magic Johnson's notable business deals. The previous Laker point guard is the 4th billionaire athlete ever. Magic Johnson has an extensive portfolio spanning multiple industries: entertainment, redevelopment/real estate, and a lucrative partnership with Starbucks Owner, Howard Schultz. Magic is part owner in a PepsiCo facility, making it the company's largest minority owned location. He was also part minority owner of The Lakers Basketball team, but sold his stake in 2010.
READ MORE: https://www.forbes.com/sites/mattcraig/2023/10/29/magic-johnson-is-now-a-billionaire/?sh=6b7396b3249c
Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:
https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript
Stay Connected
Forbes on Facebook: http://fb.com/forbes
Forbes Video on Twitter: http://www.twitter.com/forbes
Forbes Video on Instagram: http://instagram.com/forbes
More From Forbes: http://forbes.com
READ MORE: https://www.forbes.com/sites/mattcraig/2023/10/29/magic-johnson-is-now-a-billionaire/?sh=6b7396b3249c
Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:
https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript
Stay Connected
Forbes on Facebook: http://fb.com/forbes
Forbes Video on Twitter: http://www.twitter.com/forbes
Forbes Video on Instagram: http://instagram.com/forbes
More From Forbes: http://forbes.com
- Category
- News and politics
Comments