Chairman & Chief Executive Officer of Magic Johnson Enterprises, Entrepreneur, and 2X Hall of Famer
Earvin "Magic" Johnson will speak on Monday, September 30, during the General Scientific Session at the CNS Annual Meeting.
Earvin “Magic” Johnson is the Chairman and Chief Executive Officer of Magic Johnson Enterprises, an investment conglomerate that provides high-quality products and services that focus primarily on ethnically diverse and underserved urban communities. Having left the basketball court for the boardroom, Johnson parlayed the skills and tenacity he acquired on the court into a winning formula for his successful business ventures.
For the last three decades Johnson has consistently turned heads with his unprecedented partnerships. In his early years as an entrepreneur, he forged an alliance with Sony Pictures to develop Magic Johnson Theatres. In 1998, he teamed with Starbucks to become the only franchisee in the history of the company, acquiring and eventually selling 125 stores in a lucrative move which further solidified his position in the business world. Both ventures served as catalysts for redevelopment in urban communities, and are widely recognized as the corporate blueprint for engagement and success with urban consumers across America.
Still a commanding presence in the sports world, he recently made history in 2023 when he became co-owner of the Washington Commanders, a National Football League franchise that was purchased for $6.05 billion dollars. The Commanders acquisition marks the highest purchase price for any U.S. professional sports team to date. He also co-owns the Los Angeles Dodgers of Major League Baseball, Los Angeles Sparks of the WNBA, Major League Soccer’s Los Angeles Football Club, and eSports franchise Team Liquid.
Johnson continues to expand his influence through a number of other companies. He currently has controlling interests in EquiTrust, a multi-billion financial services company, and SodexoMAGIC, a food service and facilities management company.
The Lansing native is constantly evolving and remaining relevant in a dynamic digital age by broadening his scope into infrastructure and technology. In 2015, Magic Johnson Enterprises and Loop Capital formed an alliance to create MJE-Loop Capital Partners. The firm raised a fund committed to investing millions of dollars on infrastructure improvement in the United States. Current projects include the John F. Kennedy Airport New Terminal One, LaGuardia Airport Terminal B, and Los Angeles World Airports Cargo Modernization Program. He is also one of the leading investors in a number of technology companies that include Skydio, a drone manufacturing company that became the first U.S. drone manufacturer to exceed $1 billion in value.
The accomplishments and global impact of Earvin “Magic” Johnson are on display in They Call Me Magic, the only first-person account of Johnson’s life from childhood to business. The AppleTV+ project was the top selling documentary series per episode when released in 2022.
With his unique positioning as a businessman spanning multiple industries and generations, he aims to help companies expand and foster a positive impact domestically and globally.