Magic Johnson Business

Johnson also stayed true to his sports roots by investing in both the los angeles lakers and the los angeles dodgers.

Magic johnson business. Earvin magic johnson jr. Las vegas earvin magic johnson jr a basketball superstar now retired has morphed into a successful businessman thanks to hard work and determination. Magic johnson the ceo of magic johnson enterprises partnered with mbe capital partners to offer 100 million in loans to minority and women owned companies. Former nba all star magic johnson told the wall street journal that his life insurance company will provide 100 million in funding for small women and minority owned businesses as part.

Earvin magic johnson is the chairman and chief executive officer of magic johnson enterprises an investment conglomerate that provides high quality products and services that focus primarily on ethnically diverse and underserved urban communities. Los angeles lakers legend magic johnson is offering 100 million in capital to help fund federal loans for minority and women business owners whose businesses have been impacted by the coronavirus. Magic johnson enterprises is an american investment company owned by retired nba hall of fame legend magic johnson in 1995 after some criticism that he only invested with other people s money johnson took an equity stake along with what was then the loews chain in the 12 screen multiplex movie theater in baldwin hills now owned by cinemark. Magic johnson was in the seventh year of his hall of fame career when thoughts of his basketball afterlife led him to the office of uber executive michael ovitz co founder of creative artists.

Magic johnson enterprises is constantly evolving acquiring and selling businesses frequently. It owns or has owned franchised branches of starbucks burger king and t g i friday s. Often regarded as the best point guard of all time johnson is also considered to be one of the greatest players in nba history. Speaking at oracle netsuite s suiteworld 2018 in las vegas johnson attributes much of his success to a willingness to work hard.