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The Basketball Hall of Famer is worth $1.2 billion thanks to investments in several professional sports teams and a life insurance company that has reached new heights under his ownership.
NBA icon Magic Johnson is only the fourth professional athlete to
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Forbes Estimates Magic Johnson Is Now A Billionaire: 5 Factors
Magic Johnson is officially a billionaire with net worth of $1.2
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Magic Johnson net worth: former Laker star now a billionaire
Magic Johnson now a billionaire.