MAGIC JOHNSON – $650 MILLION
Five-time NBA Champion Magic Johnson is one of the wealthiest and highest-paid athletes who have taken retirement. He has a net worth of $650 million. Magic’s accumulated wealth was from his basketball career. But Magic is wise as he also has a lot of investments, making him a very wealthy man. Though he is now living lavishly and is enjoying his retirement, he is still active in sports, which are his first love.
Magic is the Los Angeles Lakers president and a co-owner of Los Angeles Dodgers, which is also a part of his different business investments. This is proof that Magic is one smart athlete who doesn’t only lean on ball dribbling and shooting, but who is also smart to venture in different businesses.