Magic Johnson – $500 million

Another major celebrated name in NBA, Magic Johnson currently boasts a net worth of half a billion. Of course all this wealth didn’t appear overnight. Magic has been building his name and wealth since the tender age of 15 when he started playing basketball. Throughout his career, Magic earned 18 million in salary, most of which he used to launch the Magic Johnson Enterprises which is worth $1 billion. The enterprise includes; a movie studio, theaters, and a promotional and marketing company.