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NBA icon Magic Johnson is declared a BILLIONAIRE by Forbes... becoming the fourth sports star to reach the 10-figure mark after LeBron James, Tiger Woods and Michael Jordan

NBA icon Magic Johnson is declared a BILLIONAIRE by Forbes... becoming the fourth sports star to reach the 10-figure mark after LeBron James, Tiger Woods and Michael Jordan

Magic's wealth has grown exponentially outside of basketball since he retired in 1996. His portfolio has investments in movie theaters, fast food, real estate, healthcare and life insurance.

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