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Magic Johnson becomes fourth athlete to earn billionaire status

Por: ABC7 Sports October 31, 2023

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.Johnson joins Michael Jordan, and as the fourth athlete to earn billionaire status. Earlier this year, he added a minority stake in the Washington Commanders to his portfolio. He also has a 2.3% stake in the Los Angeles Dodgers and minority ownership of LAFC and Los Angeles Sparks.Forbes estimates Johnson's net worth to be $1.2 billion as a result of his stakes in teams and investments in a variety of industries.During Johnson's... + full article



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