What businesses does Magic Johnson currently own?
In addition to Burger King and Starbucks, Magic Johnson Enterprises has also owned a slew of businesses over the years, including gyms, movie theaters and more. According to Fox Business, as of 2020, Johnson also had controlling stakes in Aspire TV, a cable network he founded, and life insurance company EquiTrust.
Does Magic Johnson still own Sodexo?
Earvin Johnson holds a 51% stake in the company and serves as Chairman of the Board, qualifying SodexoMAGIC as a NMSDC-certified Minority Owned Business. With a focus on three pillars – food, wellness and community — SodexoMAGIC combines an elevated food experience guided by talk show host and famed celebrity chef G.
How many companies do Magic Johnson own?
The Beverly Hills–based Magic Johnson Enterprises formerly owned Magic Johnson Theatres in four cities, 31 Burger King restaurants in the Southeast, and 13 24-Hour Fitness/Magic Johnson Sport health clubs….Magic Johnson Enterprises.
| Industry | investment |
|---|---|
| Founder | Magic Johnson |
| Headquarters | United States of America |
What does Magic Johnson Enterprises do?
Mission. Magic Johnson Enterprises serves as a catalyst for fostering community and economic empowerment by providing access to high-quality entertainment, products and services that answer the demands of multicultural communities.
How much of Dodgers does magic own?
a 2.3%
The Dodgers, who recently won the World Series, are said to be worth $3.4 billion now. Johnson owns a 2.3% stake in the team and had invested $50 million during the purchase.
How much did Magic Johnson make from Starbucks?
All-time NBA great Magic Johnson sold his 105 Starbucks franchises just one day after selling his share of the Los Angeles Lakers. So how much cash did Johnson pocket? About $100 million total.