Early Life
Earvin Johnson Jr. was born in Lansing, Michigan, on August 14, 1959. He grew up in a large family and was inspired by his parents' strong work ethic. He earned the nickname "Magic" at 15 after a high school game where he had 36 points, 18 rebounds, and 16 assists.
Rise to Success
Magic Johnson's basketball career began with high school success, leading his team to a state championship. He continued his success at Michigan State University, winning an NCAA championship in 1979. Drafted first overall in the 1979 NBA draft by the Los Angeles Lakers, he led the team to five NBA championships. He retired abruptly in 1991 after announcing he had contracted HIV. He returned to play in the 1992 All-Star Game and then for a final season in 1996.
Key Business Strategies
Post-retirement, Johnson focused on business ventures. He founded Magic Johnson Enterprises (MJE) in 1987. His key strategies included joint venture partnerships in movie theaters, Starbucks franchises, real estate, and healthcare. Johnson also invested in urban America, creating the Canyon-Johnson Urban Fund in 2001. He has built a diverse portfolio of businesses, including stakes in the NFL's Washington Commanders, MLB's Los Angeles Dodgers, WNBA's Los Angeles Sparks, and MLS's LAFC.
Philanthropy
Magic Johnson is also involved in philanthropy. He founded the Magic Johnson Foundation to support HIV/AIDS awareness and education. He also supports community initiatives in urban areas.