NBA star Magic Johnson becomes the fourth athlete to make the billionaire list!

The famous basketball player multiplied his fortune thanks to his investments under the name Magic Johnson Enterprises.

American business magazine Forbes estimated that the fortune of basketball player Earwin Johnson, nicknamed "Magic", which means magic, reached 1.2 billion dollars. The player, who entered the billionaire list with this figure, made history as the fourth athlete on the list.

The other sports billionaires on the list are American National Basketball Association (NBA) players Michael Jordan and Lebron James and golf player Tiger Woods. It is estimated that Michael Jordan has a fortune of about 3 billion dollars, Lebron James 1 billion dollars and Tiger Woods 1.1 billion dollars.

During his peak years as the star player of the Lakers team in the 1980s, Johnson stated that he wanted to earn between 100-200 thousand dollars one day, and said that his dream, which was not limited to basketball, was "to do big things one day".

Magic Johnson's investments Taking his "magic power" in basketball to the business world, Johnson has ventures in movie theaters, fast food, real estate and health services in the company he founded under the name Magic Johnson Enterprises.

Although Johnson has investments in major companies such as Starbucks, Burger King and 24 Hour Fitness, according to Forbes magazine, he owes a significant portion of his fortune to EquiTrust, a life insurance company based in Des Moines, Iowa.

Johnson, 64, also has investments in sports, owning small stakes in the American football club Washington Commanders, the baseball team Los Angeles Dodgers, the Los Angeles Sparks, who play in the women's basketball league WNBA, and the soccer team LAFC.