Magic Johnson On Becoming A Billionaire, Jordan vs LeBron, & Owning The Dodgers & Commanders
Earn Your Leisure
iHeartPodcasts
4.8 • 7.8K Ratings
🗓️ 12 September 2025
⏱️ 68 minutes
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Summary
Magic Johnson sits down with Earn Your Leisure for one of the most legendary conversations ever. In this powerful interview, Magic opens up about the highs and lows of his career as an athlete, entrepreneur, and billionaire investor.
From losing $1.5 billion by passing on Nike equity to building billion-dollar businesses with Starbucks, Magic breaks down the blueprint for scaling, identifying good investments, and why it’s not only about money—it’s about having a seat at the table. He shares the secrets behind his success, the failures that shaped him, and his philosophy on competition, family, and legacy.
Magic also reflects on his iconic partnerships, including buying into the Dodgers, owning the LA Sparks, and becoming part-owner of the Washington Commanders. He explains the importance of knowledge-sharing, the 3-year rule to success, and even delivers a moving prayer at Invest Fest. This conversation is motivation, mentorship, and history all in one.
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Transcript
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