Magic Johnson | Athlete | $650 Million

Taking credit for being one of the richest retired athletes today, Magic Johnson has a net worth of $650 million. A true icon during his time in the NBA, Johnson managed to build a solid fanbase. He may have played ball most of his life, but he eventually decided to pursue his career. The basketball superstar, though relatively done with his long and successful career, is still very much involved in sports.

Now the president of the LA Lakers and one of the owners of LA Dodgers, Johnson’s investment planning is certainly efficient as well. A lot look up to him for having a business-minded approach, rather than just solely relying on playing for income. Because of this mindset, he has now earned himself and his family more than enough for one lifetime. Being a basketball legend, he surely lives on as he is still involved with charitable projects outside the basketball court.