Earvin Johnson

Earvin Johnson

Signal active

Founder & CEO

Bio

Earvin “Magic” Johnson has become the most powerful African-American businessman in the world. He is a Major League Baseball owner, an NBA Legend, a 2-Time Hall of Famer, an Entrepreneur, a Philanthropist and a Motivational Speaker. The business mogul has successfully parlayed his skills and tenacity on the court into the business world, propelling his company to the status of #1 Brand in Urban America.

He is Chairman and CEO of Magic Johnson Enterprises (MJE), which provides high quality products and services that focus primarily on ethnically diverse and underserved urban communities through strategic alliances, investments, consulting and endorsements. The conglomerate is comprised of multiple business entities and partnerships that include Canyon Johnson, a $1 billion dollar real estate fund, Yucaipa Johnson, a $500 million dollar private equity fund, ASPIRE, a new African-American television network, SodexoMAGIC, Magic Airport Holdings, Inner City Broadcasting Corporation, Magic Johnson Bridgescape Academies, and Vibe Holdings, LLC – Johnson is the Chairman of the multi-cultural media company that houses the Vibe, Uptown, and Soul Train brands.

Most noted for his unprecedented Starbucks partnership, which served as the catalyst for redevelopment in urban communities and is literally the blueprint for Corporate America’s engagement and success with urban consumers. In 2010, the savvy businessman divested his Starbucks and Los Angeles Lakers shares in excess $100 million dollars. However, he will continue to assist Starbucks with their community development initiatives and will remain Vice President of the Los Angeles Lakers.

Johnson has also teamed up with Tim Leiweke of AEG in an effort to build a new stadium and bring an NFL team back to Los Angeles as well as thousands of jobs to the city. The story of Johnson and Larry Bird’s inspiring friendship and rivalry was presented in a theater adaptation of Magic & Bird on Broadway in April 2012.

Johnson also serves as Chairman and Founder of the Magic Johnson Foundation, where his unwavering commitment to transform Urban America continues through HIV/AIDS Awareness & Prevention Programs, Community Empowerment Centers, and the Taylor Michaels Scholarship Program. Celebrating over 20 years of success, the Magic Johnson Foundation has become one of the most recognizable philanthropic organizations around the world.

Location

Los Angeles, California, United States, North America

Social

Primary Organization

Magic Johnson Enterprises

Magic Johnson Enterprises

Founded

1987

Investment

9

Lead investment

1

Exits

3

Employees

11-50

Industry

Sports, Impact Investing, Media and Entertainment, Fitness, Restaurants, Basketball

Jobs history

1

JLC Infrastructure

Founder

Invalid date - Current

Board and Advisor Roles

0

N/A

Invest in regions

Profile Resume

Earvin Johnson is the Founder & CEO at Magic Johnson Enterprises, based in United States, North America. With a background in Sports, Earvin Johnson has a rich history of leadership and innovation. Explore their detailed professional journey, key connections, and contributions to the industry on our platform.

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Investment portfolio

Earvin Johnson has made 4 investments. Their Latest investment was Seed Round - Statement Films on Feb 02, 2023

Number of investment

4

Number of exits

1

Personal investment

4

Annouced DateOrganization NameFunding RoundMoney Raised
Sep 28, 2015
Walker & Company Brands Walker & Company Brands
Series B - Walker & Company Brands
24.0M
Oct 19, 2016
ShotTracker ShotTracker
Seed Round - ShotTracker
5.0M
Jun 16, 2022
SimWin Sports SimWin Sports
Angel Round - SimWin Sports
0
Feb 02, 2023
Statement Films Statement Films
Seed Round - Statement Films
750.0K

Partner investment

0

There is no partner investment available on this profile

Exits

1

exit.name Walker & Company Brands

Walker & Company Brands

Our vision is to build the world’s most consumer-centric health & beauty products company. We want to completely rei...

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Recent Activity

There is no recent news or activity for this profile.