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Magic Johnson has been declared a billionaire by Forbes, making him just the fourth athlete to reach that status spins
The Los Angeles Lakers legend had his wealth measured at a giant $1 spins
2bn by the business magazine spins
Johnson, 64, is the third NBA player to become a billionaire after Michael Jordan and Lebron James spins
FILE - Magic Johnson arrives at the premiere of "They Call Me Magic" on Thursday, April 14, 2022, at Regency Village Theatre in Los Angeles spins
(2022 Invision)Golfer Tiger Woods is the fourth athlete to have reached the financial milestone spins
Johnson’s massive wealth is held mostly in a stake in life insurance company EquiTrust, according to Forbes spins
He owns 60 per cent of the company which has reported revenues of more than $2 spins
5bn a year spins
He is also part owner of a string of LA spins sports teams, including the WNBA’s Los Angeles Sparks, spins baseball franchise Los Angeles Dodgers and spins soccer team LAFC spins
He is also part of the ownership group of the NFL’s Washington Commanders spins
Other notable investments include Starbucks, Burger King and 24 Hour Fitness spins
He told the All The Smoke podcast earlier this year that billionaire status could have been reached sooner if he had not turned down shares in Nike when first entering the NBA spins
Magic Johnson with Michael Jordan in the 1990s (AP)“My family didn’t come from money, that’s one thing that hurt us sometimes spins
When you don’t come from money, you don’t know,” he said spins
“I didn’t even know what stocks [were] at that time spins
”“So I passed on the stocks spins
Can you imagine? 45 years, $5 billion that stock would have been worth today spins
” Johnson made $40m from his NBA playing career which stretched from 1979 until 1996 when his HIV diagnosis prompted retirement spins
More aboutMichael JordanbillionaireLeBron JamesNBAForbesstatusJoin our commenting forumJoin thought-provoking conversations, follow other Independent readers and see their repliesComments1/3Magic Johnson is declared a billionaire by ForbesMagic Johnson is declared a billionaire by ForbesFILE - Magic Johnson arrives at the premiere of "They Call Me Magic" on Thursday, April 14, 2022, at Regency Village Theatre in Los Angeles spins
2022 InvisionMagic Johnson is declared a billionaire by ForbesMagic Johnson with Michael Jordan in the 1990s APMagic Johnson is declared a billionaire by ForbesMagic Johnson has been declared a billionaire by Forbes 2022 Invision✕Subscribe to Independent Premium to bookmark this articleWant to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today spins
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Manchester United and England great Sir Bobby Charlton has died aged 86, his family have announced in a statement spins
Charlton was a key member of England’s victorious 1966 World Cup team and also enjoyed great success at club level with United, who became the first English club to win the European Cup in 1968 spins
A statement on behalf of the Charlton family said: “It is with great sadness that we share the news that Sir Bobby passed peacefully in the early hours of Saturday morning spins
He was surrounded by his family spins
”The statement added: “His family would like to pass on their thanks to everyone who has contributed to his care and for the many people who have loved and supported him spins
“We would request that the family’s privacy be respected at this time spins
”Charlton’s European Cup success at United came 10 years after the Munich air disaster, which he and team manager Sir Matt Busby survived but which claimed the lives of eight of Charlton’s team-mates spins
Born in Ashington on October 11 1937, Charlton played in the World Cup final alongside his brother Jack, who died aged 85 in 2020, and won 106 caps for England, scoring 49 goals spins
He made his debut for United in 1956 and went on to play 758 matches for the Red Devils, scoring 249 goals spins
Both were long-standing club records until they were overtaken by Ryan Giggs and Wayne Rooney respectively spins
Charlton won three league three titles and one FA Cup at Old Trafford and, after leaving United in 1973 and becoming Preston manager, he returned to Old Trafford 11 years later as a club director spins
He was knighted for services to spins football in 1994 spins
“Manchester United are in mourning following the passing of Sir Bobby Charlton, one of the greatest and most beloved players in the history of our club,” the Premier League club said in a statement spins
“Sir Bobby was a hero to millions, not just in Manchester, or the United Kingdom, but wherever spins football is played around the world spins
Manchester United are in mourning following the passing of Sir Bobby Charlton, one of the greatest and most beloved players in the history of our clubManchester United statement“He was admired as much for his spins sportsmanship and integrity as he was for his outstanding qualities as a spins footballer; Sir Bobby will always be remembered as a giant of the game spins
“A graduate of our youth academy, Sir Bobby played 758 games and scored 249 goals during 17 years as a Manchester United player, winning the European Cup, three league titles and the FA Cup spins
For England, he won 106 caps and scored 49 goals for England, and won the 1966 World Cup spins
“Following his retirement, he went on to serve the club with distinction as a director for 39 years spins
His unparalleled record of achievement, character and service will be forever etched in the history of Manchester United and English spins football; and his legacy will live on through the life-changing work of the Sir Bobby Charlton Foundation spins
“The club’s heartfelt sympathies are with his wife Lady Norma, his daughters and grandchildren, and all who loved him spins
”United manager Erik ten Hag described Charlton as “a legend” and “a giant” as he paid his own tribute after his side’s 2-1 win at Sheffield United on Saturday night spins
“His achievements are so immense and huge – global, not only England,” Ten Hag said spins
“You see the facts he achieved are incredible spins
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“I never had the honour to meet him, but I heard, despite all his trophies and games, he was so humble spins
A big personality and an example for all of us as a spins footballer and also in society spins
”Charlton was diagnosed with dementia and the announcement of his condition made public in November 2020 spins
The announcement came two days after his United and England team-mate Nobby Stiles died following his own battle with the illness spins
The Telegraph said that Charlton’s wife, Lady Norma, was happy for his condition to be reported spins
Paying tribute to Charlton, the Premier League said on X, formerly known as Twitter: “The Premier League is deeply saddened to hear of the passing of Sir Bobby Charlton, one of the greatest players in English spins football history spins
“Our thoughts and sincere condolences go to Sir Bobby’s family and friends, and to all at Manchester United spins
”Charlton made his England debut against Scotland at Hampden Park in April 1958, just over two months after he had survived the Munich air disaster spins
He was not selected for England’s 1958 World Cup squad that summer, but played at the tournament in 1962, 1966 and 1970 spins
Charlton scored three times at the 1966 World Cup, including both goals in the 2-1 semi-final victory over Portugal, and ended his England career at the age of 32 following the quarter-final exit to West Germany in 1970 spins
“It is with a heavy heart that we have learned of the passing of Sir Bobby Charlton,” the official England account tweeted spins
“An integral part of our 1966 FIFA World Cup winning campaign, Sir Bobby won 106 caps and scored 49 times for the #ThreeLions spins
“A true legend of our game spins
We will never forget you, Sir Bobby spins
”Prince William, president of the spins Football Association, paid tribute to Charlton on social media spins
Writing on the official account of The Prince and Princess of Wales, William said: “Sir Bobby Charlton spins
First Division Champion spins
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Thank you Sir Bobby spins
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”England manager Gareth Southgate added: “One of our most iconic players, Sir Bobby Charlton’s impact on our only World Cup triumph is there for all to see spins
“The privilege of meeting him on several occasions allowed me to understand his personal pride and emotion in having represented England and simply confirmed in my mind his standing as one of the gentlemen of the game spins
“The world of spins football will unite in its sadness at losing an undisputed legend spins
”England will pay a full tribute to Charlton at the European Championship qualifier against Malta at Wembley on November 17 spins
Wayne Rooney broke Charlton’s scoring records for both Manchester United and England and heard the news during the Sky spins Bet Championship match spins between Middlesbrough and Birmingham at the Riverside spins
Birmingham boss Rooney said: “As I came out for the second half, I didn’t know what was happening spins
I see his image on the big screen and it hit me what had happened spins
“Bobby was always great with me, we had many conversations about spins football and life spins
He is a huge inspiration not just to me but to a lot of players who have played for Manchester United spins
“He was the first to congratulate me when I broke the record at Stoke spins
He came in after the game with his wife spins
He said congratulations – and a few more harsh words, jokingly spins
He was a top human being which is more important spins
”Middlesbrough manager Michael Carrick, another former United player, said: “One particular memory that stands out was the 50-year anniversary of Munich spins
He came into the training ground and spoke to us about the tragedy and what it meant to him spins
That’s 45 minutes that I will never, ever forget spins
”Charlton’s death means Sir Geoff Hurst is the only survivor from England’s 1966 World Cup final win over West Germany spins
Hurst, who hit a hat-trick in the 4-2 Wembley victory, said: “Very sad news today 1 of the true Greats Sir Bobby Charlton has passed away spins
We will never forget him & nor will all of spins football spins
“A great colleague & friend he will be sorely missed by all of the country beyond sport alone spins
Condolences to his family & friends from Geoff and Judith spins
”FIFA president Gianni Infantino said Charlton’s impact on spins football “spanned generations”, saying on social media: “On behalf of FIFA, and the global spins football family, I send my deepest condolences to the family and friends of Sir Bobby Charlton spins
“We mourn the loss of one of England’s 1966 FIFA World Cup winning team and a spins football legend, whose impact on the game spanned generations spins
“Our thoughts and prayers are with everyone who was close to him, his former teammates, The spins Football Association and Manchester United spins
Rest In Peace spins
”In its own tribute, UEFA added: “On behalf of the entire European spins football community, we are deeply saddened to hear of the passing of Sir Bobby Charlton, one of the game’s true greats spins
Rest in peace, Sir Bobby spins
”Hilary Evans, chief executive of Alzheimer’s Research UK, said: “Our thoughts are with Sir Bobby Charlton’s family, and all those who loved him, following the tragic news that he has died with dementia spins
“It’s absolutely devastating that Sir Bobby’s final years were blighted by dementia, but unfortunately this is the case for almost one million people in the UK today spins
“At Alzheimer’s Research UK, we are determined to change the ending for everyone affected by dementia by finding a cure and the awful news about Sir Bobby highlights that we don’t have a moment to waste spins
”More aboutPA ReadyManchester UnitedEnglandMatt BusbyEnglishMunichErik ten HagPremier LeagueGareth SouthgateWayne RooneyGeoff HurstPrince WilliamNobby StilesCharltonAshingtonManchesterOnePrinceSheffield UnitedPrestonJoin our commenting forumJoin thought-provoking conversations, follow other Independent readers and see their repliesComments1/1Manchester United and England great Sir Bobby Charlton dies aged 86Manchester United and England great Sir Bobby Charlton dies aged 86Sir Bobby Charlton has died at the age of 86 (Simon Cooper/PA)PA Archive✕Subscribe to Independent Premium to bookmark this articleWant to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today spins
SubscribeAlready subscribed? Log inMost PopularPopular videosSponsored FeaturesGet in touchContact usOur ProductsSubscribeRegisterNewslettersDonateToday’s EditionInstall our appArchiveOther publicationsInternational editionsIndependent en EspañolIndependent ArabiaIndependent TurkishIndependent PersianIndependent UrduEvening StandardExtrasAdvisorPuzzlesAll topicsspins BettingVoucher codesCompareCompetitions and offersIndependent AdvertisingIndependent IgniteSyndicationWorking at The IndependentLegalCode of conduct and complaintsContributorsCookie policyDonations Terms & ConditionsPrivacy noticeUser policiesModern Slavery ActThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged inCloseUS EditionChangeUK EditionAsia EditionEdición en EspañolSubscribe{{indy spins
truncatedName}}Log in / Register {{#items}}{{#stampSmall}}{{/stampSmall}}{{#stampClimate}}{{/stampClimate}}{{#stampPremium}}{{/stampPremium}}{{title}}{{#desc}}{{desc}}{{/desc}}{{#children}}{{title}}{{/children}}{{/items}}Indy100Crosswords & PuzzlesMost CommentedNewslettersAsk Me AnythingVirtual EventsVouchersCompare✕Log inEmail addressPasswordEmail and password don't matchSubmitForgotten your password?New to The Independent?RegisterOr if you would prefer:SIGN IN WITH GOOGLEWant an ad-free experience?View offersThis site is protected by reCAPTCHA and the Google Privacy notice and Terms of service apply spins
Hi {{indy spins
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