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Magic Johnson Net Worth

Emmy Wallin

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Magic Johnson Net Worth

What is Magic Johnson’s net worth?

Net Worth:$620 Million
Age:63
Born:August 14, 1959
Gender:Male
Height:2.06 m (6 ft 9 in)
Country of Origin:United States of America
Source of Wealth:Professional NBA Player
Last Updated:July 24, 2023

Introduction

As of December 2023, Magic Johnson’s net worth is approximately $620 Million, and he’s one of the richest athletes in the world

Earvin “Magic” Johnson Jr. is an American retired professional basketball player and former president of the Los Angeles Lakers of the NBA.

He played point guard for the Lakers for 13 seasons.

After winning championships in high school and college, Johnson was selected first overall in the 1979 NBA draft by the Lakers.

 

Early Life

Earvin Johnson Jr. was born on the 14th of August, 1959, in Lansing, Michigan.

Johnson is the son of Earvin Sr. and Christine Johnson. 

His mother spent many hours after work each night cleaning their home and preparing the next day’s meals, while his father did janitorial work at a used car lot and collected garbage, all while never missing a day at General Motors. 

 

Career 

Magic Johnson's Career

Los Angeles Lakers (1979-1991)

Johnson was drafted first overall by the Los Angeles Lakers in 1979. He ended up signing a  25-year $25-million contract with the Lakers.

Johnson performed exceedingly well in the 1981–82 season and averaged 18.6 points, 9.6 rebounds, 9.5 assists, and a league-high 2.7 steals per game. 

He averaged 18.3 points, 12.6 assists, and 6.2 rebounds per game in the 1984–85 regular season and led the Lakers into the 1985 NBA Finals. 

His great form continued over the next few years and he scored 22.5 points, 12.8 assists, and 7.9 rebounds per game in the 1988–89 NBA season. 

 

HIV Diagnosis

An incident in 1991 changed his life forever; he was diagnosed with HIV infection.

He publicly announced his diagnosis and decided to retire.

In spite of his retirement, he was chosen to compete in the 1992 Summer Olympics for the US basketball team. 

He made a comeback as a player by re-joining the Lakers during the 1995–96 NBA season.

In February, he scored 15 points, along with 10 rebounds and 13 assists in a victory against the Atlanta Hawks.

He averaged 14.6 points, 6.9 assists, and 5.7 rebounds per game in 32 games in the season. He then retired for good following the season.

 

President of Basketball Operations (Los Angeles Lakers)

In 2017, Magic Johnson became the president of basketball operations for the Los Angeles Lakers.

Under Johnson’s management, the team sought to acquire many star players, revamping their line-up.

Magic only spent two years in this position, stepping down in 2019 to focus on other pursuits.

 

Magic Johnson Enterprises

Magic Johnson Enterprises, an investment company, was formed in 1987 by Magic himself.

In the early days of the company, it owned a range of franchises, including 31 Burger King locations, and 13 24-Hour Fitness locations.

The company also invested in other chains such as TGI Fridays, Sodexo, and Starbucks.

In October 2010, Johnson sold his 4% stake in the Los Angeles Lakers for a smooth $27 million.

Today, the company provides strategic partnerships, direct investments in companies, and marketing services.

Johnson is also hired by companies to speak at events, delivering an estimated 40 speeches per year.

 

Magic Johnson’s Net Worth

As of December 2023, Magic Johnson’s net worth is $620 Million. 

One of the biggest issues professional athletes often have is managing their money correctly.

In fact, more than 65% of NBA players go broke within the first 5 years of retirement.

This goes to show just how smart Johnson has been with his finances; not only has he been able to keep his NBA earnings, but grow his wealth significantly through other endeavors.

 

Highlights

Here are some of the best highlights of Magic Johnson’s career:

  • NBA All-Rookie Team (1980)
  • 5x NBA champion (1980, 1982, 1985, 1987, 1988)
  • 3x NBA Finals MVP (1980, 1982, 1987)
  • 12x NBA All-Star (1980, 1982–1992)
  • All-NBA Second Team (1982)
  • 9x All-NBA First Team (1983–1991)
  • 3x NBA Most Valuable Player (1987, 1989, 1990)
  • 2x NBA All-Star Game MVP (1990, 1992)

 

Favorite Quotes from Magic Johnson 

“Everyone thought I was going to die like a year later, they didn’t know. So I helped educate sports, and then the world, that a man living with HIV can play basketball. He’s not going to give it to anybody by playing basketball.” – Magic Johnson

“Being able to touch so many people through my businesses and make money while doing it, is a huge blessing.” – Magic Johnson

“As an athlete, I understood the value of my health insurance. I knew that in my profession, injuries were common and could happen at any time.” – Magic Johnson

“Any guy who can maintain a positive attitude without much playing time certainly earns my respect.” – Magic Johnson

“I really want people to know that I’ve worked hard, very hard, to get to where I am today.. this didn’t just happen overnight. I started in business over 25 years ago and have found a way to build on what I’ve learned through every partnership and opportunity.” – Magic Johnson

“I tell people to look at me and understand that everybody first told me that I couldn’t be a 6-foot, 9-inch point guard, and I proved them wrong. Then they told me I couldn’t be a businessman and make money in urban America, and I proved them wrong. And they thought I couldn’t win all these championships, and I proved them wrong there as well.” – Magic Johnson 

 

3 Life Lessons from Magic Johnson 

Now that you know all about Magic Johnson’s net worth, and how he achieved success; let’s take a look at some of the best lessons we can learn from him: 

 

1. Make Some Time for Yourself 

If you don’t make the time for yourself to get inspired, no one around you will ever be inspired.

 

2. Have Discipline 

Have the discipline to clean out all the energy-draining people in your life. You really do rise or fall to the level of your associations.

 

3. Limits

Doing huge dreams we have never done can be frightening. Yet when we push to the edges of our limits, our limits expand.

 

Frequently Asked Questions

 

How much is Magic Johnson worth?

Magic Johnson’s net worth is estimated to be $620 Million.
 

How old is Magic Johnson?

Magic Johnson was born on August 14, 1959, and is currently 64 years old.
 

How tall is Magic Johnson?

Magic Johnson’s height is 2.06 m, which is equal to 6 ft 9 in.
 

Summary

Magic Johnson is a retired American professional basketball player, counted among the greatest basketball players of all time.

Johnson is famous for his powerful arms, agility, and speed which helped him become one of the most formidable players in the world during the 1980s. 

As of December 2023, Magic Johnson’s net worth is estimated to be $620 Million. 

What do you think about Magic Johnson’s net worth? Leave a comment below.

Emmy Wallin is a writer for Wealthy Gorilla. She is a young Swedish girl from Uppsala, who is currently traveling around the world. Emmy has a big passion for helping others and motivating people. Emmy has been studying celebrities careers, biographies, lifestyles, and net worths for over 3 years. She is the face behind the net worth profiles here on Wealthy Gorilla.

5 Comments

5 Comments

  1. Orlando Carter

    Mar 22, 2020 at 11:57 pm

    He been some I like as a person and proud of everything he has done and my number one fan in the world

  2. Delano Akins

    Mar 28, 2020 at 3:10 pm

    The Goat not really much else you can say you think what a great story for anyone to be inspired by

  3. Rev.Dr Martha E.Granger

    Apr 17, 2020 at 7:58 am

    I think Majic earned every dime he has, he is an inspiration to the sport of basketball and to African American People in particular and he’s not done yet! Majic has and always will be my favorite player, I like Landon,I liked Kobe but there was and is only one MAJIC!

  4. Yusuf Yahaya

    Apr 22, 2020 at 11:43 am

    I’m greatly inspired by the life of Magic Johnson’s.Despite testing positive to HIV he didn’t allow it to weigh him down.What a man.

  5. Leonardo Skinner

    May 20, 2020 at 12:30 am

    I think Magic Johnson is one of the most
    Inspiring humanitarian in the world today.

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NBA Players

Kyle Lowry Net Worth

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Kyle Lowry Net Worth

What is Kyle Lowry’s net worth?

Net Worth:$100 Million
Age:37
Born:March 25, 1986
Gender:Male
Height:1.83 m (6 ft 0 in)
Country of Origin:United States of America
Source of Wealth:Professional NBA Player
Last Updated:December 5, 2023

Introduction 

Kyle Lowry is an American professional basketball player for the Toronto Raptors of the NBA.

With the Raptors, he has been a six-time NBA All-Star and was named to the All-NBA Third Team in 2016.

Lowry won an NBA championship with Toronto in 2019, their first title in franchise history. 

As of December 2023, Kyle Lowry’s net worth is roughly $100 Million. 

 

Early Life

Kyle Terrell Lowry was born on the 25th of March, 1986, in Philadelphia, Pennsylvania.

His parents broke up when Kyle was young.

Lowry had a difficult childhood. His father was never really involved in his or his brother’s upbringing, despite residing only ten minutes away from them. 

 

Career 

Kyle Lowry was selected by the Memphis Grizzlies as the 24th overall pick in the 2006 NBA Draft, marking the beginning of his professional basketball career.

His rookie year didn’t go as planned as he appeared in 10 games before a broken wrist ended his season prematurely.

However, Lowry made a strong comeback in the 2007–08 season, playing in all 82 games for the Grizzlies after recovering from his wrist injury.

He joined a team that had drawn on the talents of players like Zach Randolph and Mike Conley to bolster their efforts.

 

Traded To The Houston Rockets

However, Lowry was traded to the Houston Rockets in a three-team deal in February 2009, finding a new opportunity and growth under coach Rick Adelman.

Initially playing as a backup to Aaron Brooks, Lowry’s impressive performances led to him becoming the Rockets’ starting point guard.

In December 2009, he achieved a career-high 32 points with 10 assists, six rebounds, and five steals in a game against the Dallas Mavericks.

Lowry’s restricted free agency led to a signed offer from the Cleveland Cavaliers, but it was matched by the Rockets, keeping him with the team.

Kyle’s reputation in the league grew as he consistently contributed, earning a starting role and proving his value as a key player.

 

Move To The Toronto Raptors

Traded to the Toronto Raptors in July 2012, Lowry found a new home and began a new chapter in his professional career.

He was plagued with injuries early in the season but dug deep to reclaim his starting position with the Raptors.

Alongside DeMar DeRozan, Lowry took charge of the new side, steering the Raptors toward a significant improvement in their league performances.

Lowry played a pivotal role in guiding the Raptors back to the playoffs after a lengthy postseason drought with poor performances.

During the 2013–14 season, Lowry posted career-best averages of 17.9 points, 7.4 assists, and 4.7 rebounds, again proving his value.

He opted to re-sign with the Raptors in 2014, once more committing to the team and helped along by a lucrative, $48 million contract.

His sterling performances earned him his first All-Star selection in the 2014–15 season, granting him recognition for his impact and skill in the league.

Lowry maintained his high level of play in each game, leading the Raptors to a franchise-best 49–33 record in the 2014–15 season.

After a monumental season-long effort, he capped off his 2015–16 season by earning All-NBA Third Team honors, a significant recognition in his career.

 

Representing the USA at the Summer Olympics

Lowry represented the USA men’s national basketball team at the 2016 Summer Olympics, winning gold and being referred to as the team’s “unsung hero”.

The team included all-time great players like Carmelo Anthony, Kevin Durant, and Paul George amongst other stars from the NBA.

He then contributed to the Raptors’ 56-win season in 2015–16, marking a franchise record for victories that delighted the fans and the team management.

Lowry played a crucial role in the Raptors’ playoff successes, including a historic win in the 2016 Eastern Conference Finals.

The team’s awesome performances helped them to reach the franchise’s first-ever Conference Finals appearance which resulted in the unexpected win.

Despite Lowry battling with injuries, he maintained his leadership role, securing a 35-point performance in a crucial Game 7 win in the 2016 playoffs.

During his much-celebrated time with the team, Lowry set multiple franchise records, including becoming the Raptors’ all-time leader in three-pointers.

 

Championship triumph with the Miami Heat

After a lengthy stay with the Raptors, Lowry’s transition to the Miami Heat marked a significant shift in his career.

Lowry’s move to the Heat was primarily driven by the ambition to pursue another NBA championship, in which he played a pivotal role.

Bringing his veteran leadership and playoff experience to the team, Lowry helped the Heat secure a spot in the finals.

Unfortunately, the Heat lost the title in 5 games to the Denver Nuggets but provided the needed mentorship and guidance to the younger players.

 

Kyle Lowry Net Worth

As of December 2023, Kyle Lowry’s net worth is $100 Million. 

 

Other Toronto Raptors players:

 

Highlights 

Here are some of the best highlights of Kyle Lowry’s career: 

  • NBA champion (2019)
  • 6× NBA All-Star (2015–2020)

 

Favorite Quotes from Kyle Lowry

“My brother always told me not to fear anything. You can’t go out there on the court and be afraid to fail, so I just go out there and play as hard as I can, no matter what the outcome is.” – Kyle Lowry 

“I’m not leaning toward anything right now. Whenever me and coach (Jay Wright) meet, and my family meets, we’re going to discuss things and see what goes on.” – Kyle Lowry 

“It’s an opportunity to fulfill a childhood dream. A lot of people don’t really get to fulfill those things and this is an opportunity that comes once in a lifetime.” – Kyle Lowry 

“It was fun and a great atmosphere to play home in front of a Philadelphia crowd, and also to be on the floor with my great teammates. Basically, I’m just grateful to be able to do that.” – Kyle Lowry 

 

3 Life Lessons from Kyle Lowry  

Now that you know all about Kyle Lowry’s net worth, and how he achieved success; let’s take a look at some of the lessons we can learn from him: 

 

1. Don’t Limit Yourself 

Never limit yourself because of others’ limited imagination; never limit others because of your own limited imagination.

 

2. Be Who You Want To Be 

Be the change that you wish to see in the world.

 

3. Our Future 

Let us make our future now, and let us make our dreams tomorrow’s reality.

 

Frequently Asked Questions

 

How much is Kyle Lowry worth?

Kyle Lowry’s net worth is estimated to be $100 Million.
 

How old is Kyle Lowry?

Kyle Lowry was born on March 25, 1986, and is currently 37 years old.
 

How tall is Kyle Lowry?

Kyle Lowry’s height is 1.83 m, which is equal to 6 ft 0 in.
 

Summary

Kyle Lowry is an American professional basketball player who is presently affiliated with the Toronto Raptors of the NBA. He was also one of the key players in the Raptors’ massively successful 2015-16 season, during which they registered 56 wins and subsequently made their inaugural Eastern Conference Finals appearance.

As of December 2023, Kyle Lowry’s net worth is approximately $100 Million. 

What do you think about Kyle Lowry’s net worth? Leave a comment below. 

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NBA Players

Victor Oladipo Net Worth

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Victor Oladipo Net Worth

What is Victor Oladipo’s net worth?

Net Worth:$40 Million
Age:31
Born:May 4, 1992
Gender:Male
Height:1.93 m (6 ft 4 in)
Country of Origin:United States of America
Source of Wealth:Professional NBA Player
Last Updated:November 20, 2023

Introduction 

Victor Oladipo is an American professional basketball player for the Indiana Pacers of the NBA.

Oladipo played college basketball for the Indiana Hoosiers.

He was named the Sporting News Men’s College Basketball Player of the Year. 

As of December 2023,  Victor Oladipo’s net worth is roughly $40 Million. 

 

Early Life

Kehinde Babatunde Victor Oladipo was born on the 4th of May, 1992, in Silver Spring, Maryland.

He has a twin sister named Victoria as well as two older sisters, Kristine and Kendra.

His mother is originally from Nigeria and works as a nurse, while his father, an immigrant from Blama, Sierra Leone, received his Ph.D. in behavioral science from the University of Maryland.

 

Career 

After playing for his high school basketball team at DeMatha High School, Oladipo committed to playing college basketball for the Indiana Hoosiers.

The Orlando Magic were impressed with his performance at the tryouts, and he subsequently was the second overall pick in the 2013 NBA Draft.

 

Rise to Stardom

His rookie season got off to a brilliant start and Oladipo was named to the NBA All-Rookie First Team, living up to his early promise.

His skills on the basketball court were apparent to everyone as he earned the reputation of being an energetic player and talented defender.

In December 2013, Victor Oladipo recorded his first-ever career triple-double, scoring an impressive 26 points with 10 rebounds and 10 assists.

In the 2013-2014 season, he exercised the third-year team option on his rookie scale contract, signaling his intent to stay on for another year.

Taking part in the BBVA Rising Stars Challenge in February 2014, he found his place as a late player which was mostly composed of other rookies.

He then participated in the Slam Dunk Contest and Rising Stars Challenge, playing for Chris Webber during the 2015 NBA All-Star Weekend.

It was during this same season that he scored a career-high 38 points on March 4, 2015, against the Phoenix Suns.

 

Signing His First Major Contract

Victor signed a lucrative four-year, $84 million contract extension with the Oklahoma City Thunder in 2016.

However, he missed some games due to injury but returned wearing a facial protection mask in November 2015.

He was traded to the Oklahoma City Thunder on June 23, 2016, as part of a deal for Serge Ibaka.

The 2017–18 season was phenomenal, as he played 75 matches, averaging 23.1 points, 5.2 rebounds, 4.3 assists, and 2.4 steals per game.

Oladipo became a first-time NBA All-Star with the Indiana Pacers, leading the league in steals during his first season with the team.

He joined the ranks of other top-flight stars like NBA players, Ron Artest and Jermaine O’Neal who have played for the Pacers.

While the Pacers were not the champions that year, Oladipo’s performance earned him the NBA Most Improved Player and NBA, steals leader awards.

He was traded to the Indiana Pacers in a deal for Paul George, earning Eastern Conference Player of the Week multiple times during the season.

Victor was selected to the All-NBA Third Team and the NBA All-Defensive First Team after an impressive showing during the season.

 

Sidelined Due To A Leg Injury

Oladipo hit a game-winning 3-pointer against the Boston Celtics in November 2018,

but suffered a ruptured quad tendon in January.

This ruled him out for the rest of the season, but he was still selected as an Eastern Conference All-Star reserve.

Assigned to the Fort Wayne Mad Ants for recovery, he was recalled in November 2019, making his return to the NBA after 371 days.

Back to his old form, he scored 9 points in an overtime win against the Chicago Bulls in his comeback game.

For the 2020-21 season, Oladipo was traded to the Houston Rockets on January 16, 2021, as part of a four-team deal.

He made a cracking debut for the Rockets, scoring an impressive 32 points and providing 9 assists on January 18, 2021.

 

Playing The Trading Game

He was once again traded in March 2021 to the Miami Heat in exchange for Avery Bradley, Kelly Olynyk, and a draft pick.

Victor debuted for the Heat in April 2021, with his luck running out in May when he required surgery to repair his right quadriceps tendon.

He re-signed with the Miami Heat in August 2021 on a one-year, veteran’s minimum deal and returned from injury in March 2022.

He racked up 11 points in a win against the Houston Rockets and then scored a season-high 40 points in the regular-season finale in April.

Victor signed a two-year, $18 million deal with the Miami Heat in July 2022, but suffered a torn patellar tendon in his left knee in April 2023.

July 2023 saw him traded to the Houston Rockets where he is currently recovering from a recent knee injury, showing remarkable resilience.

 

A Musical Career Awaits After He Retires

Aside from his charitable initiatives helping underprivileged communities through basketball camps and outreach programs, Oladipo is also a singer.

Victor has always had a strong musical interest and while pursuing his basketball career, released an EP titled, “Songs for You” in 2017.

The song was well-received which bolstered his confidence and saw him follow up with his debut album, “V.O.,” in 2018.

 

Victor Oladipo Net Worth

As of December 2023, Victor Oladipo’s net worth is $40 Million. 

 

More Current/Former Indiana Pacers Players:

 

Highlights 

Here are some of the best highlights of Victor Oladipo’s career: 

  • All-NBA Third Team (2018)
  • 2× NBA All-Star (2018, 2019)

 

Favorite Quotes from Victor Oladipo

“I feel like I have another level every year that I start a new season of basketball. If I continue to keep growing and make everything consistent, I’m going to get better and better each year.” – Victor Oladipo

“Growing up, you always want to hang with your dad – go fishing or whatever. But my dad was always working, so we never really had time for that. I think I kind of learned to accept it.” – Victor Oladipo

 

3 Awesome Lessons from Victor Oladipo

Now that you know all about Victor Oladipo’s net worth, and how he achieved success; let’s take a look at some of the lessons we can learn from him: 

 

1. Appreciate What You Have 

If you look at what you have in life, you’ll always have more.

 

2. Blessings

Inspiration is some mysterious blessing that happens when the wheels are turning smoothly.

 

3. Words and Ideas

No matter what people tell you, words and ideas can change the world

 

Frequently Asked Questions

 

How much is Victor Oladipo worth?

Victor Oladipo’s net worth is estimated to be $40 Million.
 

How old is Victor Oladipo?

Victor Oladipo was born on May 4, 1992, and is currently 31 years old.
 

How tall is Victor Oladipo?

Victor Oladipo’s height is 1.93 m, which is equal to 6 ft 4 in.
 

Summary

Victor Oladipo is an American professional basketball player who began to play basketball quite early in his life, and by the time he had enrolled at his high school, the sport had become a quintessential part of his existence.

Oladipo won the first-time NBA All-Star and the NBA Most Improved Player accolades in his first season with the Pacers. 

As of December 2023, Victor Oladipo’s net worth is $40 Million. 

What do you think about Victor Oladipo’s net worth? Leave a comment below. 

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NBA Players

Kareem Abdul Jabbar Net Worth

Kareem Abdul Jabbar was incredibly successful, earning millions as a basketball player and coach.

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Kareem Abdul Jabbar Net Worth

What is Kareem Abdul Jabbar’s net worth?

Net Worth:$25 Million
Age:75
Born:April 16, 1947
Gender:Male
Height:2.18 m
Country of Origin:United States of America
Source of Wealth:Professional NBA Player
Last Updated:November 29, 2022

Introduction 

Kareem Abdul-Jabbar is a retired professional basketball player and coach, famous for playing center in the National Basketball Association during his career as a basketball player.

He is considered one of the greatest players in the history of the sport, having set numerous records during his illustrious career.

Kareem spent the majority of his time as a professional, playing for the Milwaukee Bucks and Los Angeles Lakers, winning six NBA championships.

As of December 2023, Kareem Abdul Jabbar’s net worth is estimated to be $25 Million.

 

Kareem Abdul Jabbar Facts

  • Kareem Abdul-Jabbar is the NBA’s all-time leading scorer, with 38,387 points, having broken the previous record, held by Wilt Chamberlain, in 1984.
  • He won six NBA championships during his career, five with the Los Angeles Lakers and one with the in 1971.
  • In 1968, Abdul-Jabbar boycotted the Summer Olympics in Mexico City, protesting against racial inequality and discrimination in the United States.
  • Abdul-Jabbar has authored several books, including his memoir “Giant Steps,” which was published in 1983.
  • He first studied martial arts in 1967 and later earned a black belt in Shotokan karate.

 

Early Life 

Lew Alcindor Jr. aka Kareem Abdul-Jabbar, was born April 16, 1947, in New York City.

He was the only child of Cora Lillian, a department store price checker, and Ferdinand Lewis Alcindor Sr., a transit police officer, and jazz musician.

His parents separated when he was very young and he was raised by his mother in the Inwood neighborhood of Manhattan.

As a child, Lew Alcindor Jr. was an excellent student and a standout athlete, excelling in both basketball and baseball.

He attended Power Memorial Academy, a Catholic high school in Manhattan, where he led the basketball team to three straight city championships.

Kareem was also named Parade Magazine’s National High School Player of the Year in 1965 and after graduating from Power Memorial, he accepted a scholarship to play basketball at UCLA.

He played for the Bruins from 1965 to 1969, leading the team to three NCAA championships and being named the NCAA Final Four Most Outstanding Player three times.

Abdul Jabbar also set several records during his college career, including the most points scored in a game and most rebounds in a season.

 

Career 

Kareem Abdul-Jabbar is considered by basketball aficionados one of the all-time great basketball players.

He was the first overall pick of the Milwaukee Bucks in 1969 and it wasn’t long before he was a dominant force in the league, resulting in the NBA Rookie of the Year title.

In 1971, Kareem led the Bucks to their first and only NBA championship in only his second season with the team.

As a result, he was named Finals MVP after averaging 27 points and 18.5 rebounds per game during the series.

Abdul-Jabbar’s time with the Bucks produced superlative play and he won the NBA Most Valuable Player award three times in just five seasons.

He was traded to the Los Angeles Lakers in 1975, where he spent an eventful 14 seasons, winning five more NBA championships and three more MVP awards.

Abdul-Jabbar was most famous for his signature “skyhook” shot, which he used to devastating effect.

He is often compared to the richest basketball players in the world, but his pay was much less than theirs and, for him, it wasn’t about money anyway.

 

Kareem Abdul Jabbar’s Career Earnings

In 1969, Alcindor graduated from UCLA and was drafted first overall by the Milwaukee Bucks in the NBA Draft.

He decided to change his name to Kareem Abdul-Jabbar, adopting the name given to him when he converted to Islam in 1968.

Kareem Abdul Jabbar is now retired after earning his highest annual income of $3 million in his final season at the Lakers.

He had one of the most successful careers in NBA history, becoming the league’s all-time leading scorer and winning six NBA championships.

 

Kareem Abdul Jabbar’s Net Worth Annually

Kareem retired from basketball in 1989, having set numerous NBA records, including the most points scored in a career with 38,387.

He was drawn to coaching, first as an assistant coach for the Lakers and an assistant coach for the Los Angeles Clippers, followed by a stint at the Seattle SuperSonics.

Players like DeAndre Jordan, Lou Williams, and Ivica Zubac are some of the standout players who have recently passed through the Clippers’ doors.

It’s reported that Kareem Abdul Jabbar’s annual net worth is in the region of $25 Million but now that he is retired, accurate figures are not available.

After spending time as an assistant coach, he was later employed as head coach of the Oklahoma Storm in the United States Basketball League.

Abdul-Jabbar was inducted into the Naismith Memorial Basketball Hall of Fame in 1995, cementing his place as one of the greatest basketball players of all time.

 

Personal Life

Kareem Abdul-Jabbar has been married twice, first to Habiba Abdul-Jabbar, in 1971 with whom he had three children before getting divorced in 1978.

A few years later, he married his second wife, Cheryl Pistono, in 1984 with whom he has one child together and is still happily married.

Abdul-Jabbar never shied away from controversy and, in 1970, he refused to try out for the U.S. Olympic basketball team, citing racial prejudice and mistreatment of black athletes.

In 2000, he filed a lawsuit against the Los Angeles Lakers, alleging that they had misused his image and likeness in their promotions, but the case was later settled out of court.

Kareem Abdul-Jabbar’s official Instagram account and official Twitter account are great ways to stay updated on what he’s getting up to now.

 

Awards & Achievements

He remained active in basketball as a coach, author, and commentator, and in 2012 he was awarded the Presidential Medal of Freedom, by Barak Obama.

Kareem Abdul-Jabbar was a dominant force on the court and a well-respected figure off it throughout his professional career.

Here are some of the finest moments from Kareem Abdul Jabbar’s career:

  • He was inducted into the Naismith Memorial Basketball Hall of Fame in 1995.
  • Kareem was a 5-time NBA Most Valuable Player in 1971, 1972, 1974, 1976, and 1977.
  • He was also the NBA Finals Most Valuable Player in 1971 and 1985.
  • Abdul-Jabbar received the Presidential Medal of Freedom in 2016.
  • In 2006, he was inducted into the National Collegiate Basketball Hall of Fame.

Such was his impact on the game that his influence on basketball, as well as his legacy as a cultural icon, are still with us today.

Abdul-Jabbar is an active philanthropist, founding the Skyhook Foundation, which provides inner-city kids with opportunities to learn and play basketball.

 

How Does Kareem Abdul Jabbar Spend His Money?

Kareem has an impressive real estate portfolio which includes a Hawaiian mansion that is currently on the market for $5.9 million.

He has owned some of the most expensive houses in the world including a $22 million Bel Air Mansion that he lost after his divorce.

Abdul Jabbar later found that his professional management team was causing more financial stress rather than his losses and he had to file a lawsuit against his business manager for $59 million.

 

Highlights 

He also works with the National Center for Missing and Exploited Children, among other charitable organizations.

In 2016, Abdul-Jabbar was chosen to present the Arthur Ashe Courage Award at the ESPY Awards and in 2017, was honored with a star on the Hollywood Walk of Fame.

Here are some of the best highlights of Kareem Abdul Jabbar’s career: 

  • Kareem Abdul-Jabbar is the NBA’s all-time leading scorer, with 38,387 points. He broke the previous record, held by Wilt Chamberlain, in 1984.
  • He won six NBA championships during his career, five with the Los Angeles Lakers and one with the Milwaukee Bucks.
  • ·Abdul-Jabbar was selected to the All-Star team 19 times, the most in NBA history.
  • He was named the NBA’s Most Valuable Player six times and was also selected to the All-NBA First Team 10 times.
  • Abdul Jabbar led the UCLA Bruins to three NCAA championships and was named the NCAA Final Four Most Outstanding Player three times.

Kareem was honored with the Presidential Medal of Freedom, presented to him by President Donald Trump, in 2019.

His skill has given rise to favorable comparisons with players like Michael Jordan, Magic Johnson, LeBron James, and Shaquille O’Neal, with whom he played or coached against.

 

Favorite Kareem Abdul Jabbar Quotes

Off the court, Abdul-Jabbar is a social activist and advocate for various causes and has written several books, including an autobiography and a novel.

Here are our favorite quotes from Kareem Abdul Jabbar:

  • “I think that the good and the great are only separated by the willingness to sacrifice.” – Kareem Abdul Jabbar
  • “You can’t win unless you learn how to lose.” – Kareem Abdul Jabbar
  • “The knowledge I have acquired should be passed on to those who will come after me.” – Kareem Abdul Jabbar
  • “You can’t win unless you learn how to lose.” – Kareem Abdul Jabbar
  • “When you’re as great as I am, it’s hard to be humble.” – Kareem Abdul Jabbar

 

3 Amazing Lessons From Kareem Abdul Jabbar

Apart from being a commentator on various television sports shows, he was also appointed as a cultural ambassador for the United States by former President Barack Obama, in 2012.

Now that you know all about Kareem Abdul Jabbar’s net worth, here are some of the best success lessons to learn from Kareem Abdul Jabbar:

 

1. There’s No Substitute For Hard Work

Kareem Abdul-Jabbar was a naturally talented athlete who had to work hard to achieve success on the basketball court.

Throughout his career, he put in countless hours of practice that culminated in his becoming one of the greatest players in the history of the sport.

 

2. Value Your Education

Abdul-Jabbar is a powerful advocate for education, crediting his success on and off the court to the quality education he received at school and university.

He attended UCLA, where he excelled on the basketball court as well as in the classroom, finally graduating with a bachelor’s degree in history.

 

3. Stand Up For Your Beliefs

Throughout his professional career, Abdul-Jabbar was an advocate for social justice, taking a stand on various issues, including civil rights and the Vietnam War.

He was always willing to stand up and be counted, often speaking out and taking action on important social issues that affected his community.

 

Summary 

Regarded as one of the greatest basketball players of all time by sports fans and top players in the sport, Kareem is revered for his skill and pragmatic approach to the game.

Even though he is now retired from basketball, he still takes a keen interest in the sport and how the players are doing.

He is one of the legends of legends and will be remembered for his amazing performances on the court forever.

As of December 2023, Kareem Abdul Jabbar’s net worth is estimated to be $25 Million.

What do you think about Kareem Abdul Jabbar’s net worth? Leave a comment below.

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