Magic Johnson
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Magic Johnson
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What does an NBA legend with five rings and 3 MVPs do for a second act? If you’re Earvin “Magic” Johnson, you become a super-successful serial entrepreneur with a billion-dollar portfolio of popular franchises and real estate funds. Magic announced his retirement because of HIV in 1991 and 20 years later, he’s not only healthy, but deep into a second legacy that could put his legendary basketball career in the shade. Magic got there by combining his own healing process with a desire to revive dying minority communities. Determined to improve radically the urban American landscape, and his own bottom line, he launched a pioneering series of Urban Funds, including the billion-dollar Canyon Johnson Fund III, which uses private investment money to renovate shopping centers, housing projects, office high-rises, and more in distressed urban neighborhood communities nationwide.
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