How Many Movie Theaters Does Magic Johnson Own?


A: Earvin “Magic” Johnson, former basketball star with the Los Angeles Lakers, jointly operates three 12-screen Magic Theatres in Atlanta, Houston and Cleveland; one nine-screen in Harlem and one 15-screen in Los Angeles.

How many Starbucks does Magic Johnson own?

From 1998 to 2010, Johnson’s company owned more than 100 Starbucks stores.

How many Burger Kings does Magic Johnson own?

30 Burger Kings

What teams does Magic Johnson own?

Over the years, Magic Johnson Enterprises has continually invested ownership in many lucrative businesses such as the Los Angeles Lakers, movie theaters and restaurants in the United States, including T.G.I. Friday’s, Sodexo, and Burger King locations.

What percentage of the Dodgers does Magic Johnson own?

Johnson, a Lakers legend and NBA hall of famer, joined the Guggenheim group in purchasing the Dodgers in 2012. He invested $50 million in the move. That provided him with a 2.3 percent share in the franchise, though Johnson didn’t acknowledge the specifics. “It will pencil out about 3, 4 percent.

Does Magic Johnson still own the Lakers?

Unexpectedly, Magic Johnson has stepped down as president of basketball operations for the Los Angeles Lakers. Johnson made the announcement Tuesday before the start of the Lakers-Portland Trail Blazers game at Staples Center.

How much of LA Dodgers does Magic Johnson own?

Los Angeles Dodgers owner Frank McCourt announced an agreement late Tuesday night to sell the team to a group that includes former Los Angeles Lakers star Magic Johnson and former baseball executive Stan Kasten for $2 billion, the most money paid for a team in the history of professional sports.

How many Krispy Kremes does Shaq own?

Basketball superstar Shaq now owns a Krispy Kreme

Shaquille O’Neal is the ultimate Krispy Kreme fan. The retired basketball player, 45, wants to own 100 Krispy Kreme shops, according to TMZ. O’Neal already owns one franchise in Atlanta, but he’s looking to expand his doughnut empire.

How much is Magic Johnson worth?

After winning championships in high school and college, Johnson was selected first overall in the 1979 NBA draft by the Lakers. As of 2019, Magic Johnson’s net worth is approximately $600 Million dollars, and he’s one of the richest athletes in the world.

Does Magic Johnson own MJR Theaters?

Magic Johnson Theatres. Currently the chain’s former locations are owned by AMC Theatres, after Sony-Loews was acquired by that company in 2006. Although they are still branded Magic Johnson Theatres, they are solely controlled by AMC.

What city does Magic Johnson live in?

Magic Johnson was born Earvin Johnson Jr. on August 14, 1959, in Lansing, Michigan. From a large family, Johnson grew up with nine brothers and sisters.

Why did Magic Johnson retire?

Magic Johnson shocked the NBA world with the announcement on Nov. 7, 1991, that he had tested positive for the HIV virus and was retiring from the NBA. Two years later, after becoming a prominent spokesman for HIV/AIDS awareness, Johnson re-joined the Lakers as interim coach near the end of the 1993-94 season.

What does Magic Johnson Enterprises do?

Magic Johnson Enterprises serves as a catalyst for fostering community and economic empowerment by providing access to high-quality entertainment, products and services that answer the demands of multicultural communities.