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Magic Johnson Showed Off His Billionaire Status On Vacation

by Staff

Magic Johnson spent lavishly during a 42-day luxury cruise vacation with actor Samuel L. Jackson and Michael Jordan last summer.


Former Los Angeles Lakers guard and entrepreneur Magic Johnson went on a 42-day vacation with some star-studded friends, and the bill was staggering.

Essentially Sports reports Magic took actor Samuel L. Jackson, former Charlotte Hornets owner and NBA Hall of Famer Michael Jordan, and Judge Greg Mathis on a luxury yacht cruise visiting France, Italy, Greece, and Montenegro before ending the journey in Croatia. Magic, who officially became a billionaire in October, spent $7.5 million on the six-week vacation with his friends and their spouses and even documented the trip on Instagram.

According to reports, during the vacation, the group participated in day excursions and stayed in San Dominico Palace in Taormina and the Four Seasons Hotel in Sicily. Additionally, the yacht was loaded with three swimming pools, jacuzzis, a fitness room and wellness center, movie theaters, a bar, and even a hair salon. It also had a 29-member crew.

Magic is the fourth professional athlete to reach billionaire status, joining his vacation buddy Jordan, who has been on the list since 2014, golfer Tiger Woods, who just ended his partnership with Nike, and current Los Angeles Laker LeBron James.

Magic is involved in numerous businesses, investing in everything, including movie theaters, Starbucks cafes, TGI Friday’s restaurants, TopGolf locations, an Esports team, 31 Burger King locations in the Southeast, and 13 24-Hour Fitness/Magic Johnson Sport health clubs. The former Laker is also a minority or co-owner of the Los Angeles Sparks WNBA team, Los Angles Dodgers MLB franchise, LAFC MLS soccer team, and Washington Commanders NFL team.

The Hall of Fame forward played his entire 16-year career with the Lakers, retiring after the 1995-’96 season. The 12-time All-Star has five NBA championships, is a three-time finals MVP, and the three-time season MVP is also a member of the NBA 75th anniversary team.

RELATED CONTENT: Magic And Cookie Johnson Support Sneaker Ball That Raised $350K For Private School Scholarships For Black And Brown Students

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