Magic Johnson | $600 million

Now a retired basketball player, Magic Johnson was since a three-time NBA MVP awards winner. He was also responsible for leading the league in regular seasons assists. As a loyal part of the Los Angeles Lakers team, Johnson was highly regarded as one of the most powerful point guards of all time. His abrupt retirement back in 1991 took everyone by surprise, but this paved the way for him to delve into businesses.

He did not even have to get business loans as he was already rich when he retired. The basketball player turned investor then started putting money in various franchises through his Magic Johnson Enterprises company. Over the years, he had interests in gyms, movie theaters, Burger Kings, and even TGI Fridays. He also became co-owner of the LA Dodgers, where he wrote a check for $50 million. With his net worth of $600 million, we can say that all of the risks he took paid off.