![](https://image-cdn.essentiallysports.com/wp-content/uploads/20210316172834/GettyImages-1189058506.jpg?width=600)
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NEW YORK, NEW YORK – NOVEMBER 20: Former NBA player Magic Johnson attends the 29th Annual Achilles Gala at Cipriani South Street on November 20, 2019 in New York City. (Photo by Roy Rochlin/Getty Images)
![](https://image-cdn.essentiallysports.com/wp-content/uploads/20210316172834/GettyImages-1189058506.jpg?width=600)
via Getty
NEW YORK, NEW YORK – NOVEMBER 20: Former NBA player Magic Johnson attends the 29th Annual Achilles Gala at Cipriani South Street on November 20, 2019 in New York City. (Photo by Roy Rochlin/Getty Images)
NBA giant Magic Johnson has seamlessly transitioned from the basketball court to the world of business with remarkable success. After showcasing basketball brilliance, the legend has taken up the role of leading and educating others. Recently at Chicago’s Wealth Building Conference, the 5x NBA champion shared his valuable insights and experience in creating a thriving business empire. From advocating for health campaigns to bestowing substantial scholarships, Magic consistently makes impactful contributions to the global community.
Furthermore, he has recently formed a partnership with the city of Chicago for a noble cause.
Magic Johnson becomes part of the largest education summit
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It was recently announced that the legendary figure will participate as a keynote speaker at the largest financial education summit. He graced the ‘Building Wealth Today for Tomorrow Career Fair and Financial Empowerment Summit,’ which took place on October 6. Magic Johnson shared glimpses of this event through his Instagram. He also expressed his gratitude to the Chicago City Treasurer for extending the invitation.
In the caption of his post, he wrote, “A big thank you to Chicago City Treasurer Melissa Conyears-Ervin for putting on such an incredible event for the community!”
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Regarding the event, Melissa emphasized how Johnson’s extensive expertise in business education and his wealth of experience provide enlightening insights.
Furthermore, his astute investments and impactful initiatives serve as a tremendous source of inspiration. Magic’s role in elevating underprivileged cities serves as a shining example of his greatness.
Whether it’s establishing his foundation for HIV/AIDS awareness or generously donating towards scholarships, Magic actively participates in community empowerment and fostering success.
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Magic Johnson’s latest acquisition
The Los Angeles Lakers legend’s business portfolio is as impressive as his basketball career. Magic Johnson had made some significant moves in the business world. Just a few months ago, he joined the bid to buy a part of the $6 billion worth of NFL team Washington Commanders.
Currently, Johnson boasts a net worth of $620 million. However, he has pledged to use his net worth to revitalize communities.
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One of his first initiatives was scholarships. Over the years, Johnson has raised and donated huge amounts for underprivileged children. His actions stand as a reminder that we all possess the capacity to effect change and uplift those in need.
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