Game Changers Documentary Talks How Magic Johnson Changed The World
Written by IMN on 2 May 2022
What does an NBA legend with five rings and 3 MVPs do for a second act? If you’re Earvin “Magic” Johnson, you become a super-successful serial entrepreneur with a billion-dollar portfolio of popular franchises and real estate funds. Magic announced his retirement because of HIV in 1991 and 20 years later, he’s not only healthy, but deep into a second legacy that could put his legendary basketball career in the shade.
Magic got there by combining his own healing process with a desire to revive dying minority communities. Determined to radically improve the urban American landscape — and his own bottom line — e launched a pioneering series of Urban Funds.
This includes the billion-dollar Canyon Johnson Fund III, which uses private investment money to renovate shopping centers, housing projects, office hi-rises and more in distressed urban neighborhoods communities nationwide.