With an estimated value of $1 billion, here are 5 businesses owned by Magic Johnson you probably didn’t know

4. Fitness Center

A year after his venture into the financial services sector, he opened the first-ever 24-Hour Fitness Magic Johnson Sports club in Oakland. The Oakland club is “47,000 square feet in size and has an array of exercise equipment and programs, an indoor pool, spa, steam room, sauna, and a regulation NBA-sized basketball court,” according to San Francisco Business Times.

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