7. Magic Johnson
Estimated Net Worth: $600 Million
Earvin “Magic” Johnson Jr. is a retired American professional basketball player who played point guard for the Los Angeles Lakers. After winning a championship in high school and college, Johnson was selected as the first overall pick in the 1979 NBA Draft by the Lakers. Magic retired abruptly in 1991 after announcing that he had contracted HIV, but returned to play in 1992 and for 32 games in 1996. Earvin Johnson’s career achievements include three NBA MVP Awards, nine NBA Finals appearances, five championships, and twelve All-Star games. Since his retirement, Johnson has been an advocate for HIV/AIDS prevention and safe sex, as well as an entrepreneur, philanthropist and motivational speaker.
Earvin Johnson currently runs Magic Johnson Enterprises, a company that has a net worth of $700 million. He has built a real estate empire that includes partnerships with AMC Theatres, Starbucks, T.G.I. Fridays, and 24 Hour Fitness. In October of 2010, Magic sold his ownership stake in the Los Angeles Lakers. Johnson averaged 11.2 assists per game and had an astounding 138 triple-doubles in his NBA career. He is also one of the tallest point guards in the history of the NBA.
Some other athletes that rival the wealth of Magic Johnson include Tiger Woods ($500 million), Michael Jordan ($500 million), Alex Rodriguez ($300), Dale Earnhardt Jr. ($300 million), Shaquille O’Neal ($250 million), Kobe Bryant ($200 million), David Beckham ($175 million), Phil Mickelson ($150 million), Roger Federer ($140 million), Cristiano Ronaldo ($130 million), Kimi Raikkonen ($130 million), and Peyton Manning ($115 million).
In 1981 Magic Johnson signed a contract with the Los Angeles Lakers for 25 years and $25 million dollars. It became the longest player contract in the history of sports. In 1996, Michael Jordan signed a contract with the Chicago Bulls worth $30 million for one year.
6. Jerry Seinfeld
Estimated Net Worth: $870 Million
Jerry Seinfeld is an American stand-up comedian, actor, writer, and television producer, known for playing a semi-fictional version of himself in the situation comedy Seinfeld (1989–1998). Jerry co-created and co-wrote the show with Larry David. The sitcom was a massive success and a large portion of Jerry Seinfeld’s income has come from the show and its years of syndication. Jerry has also made millions of dollars as a bestselling author, comedian, and public speaker. His has a collection of endorsement deals. Notably, he was paid $10 million to make a handful of ads for Microsoft in 2008. Between June 2008 and June 2009, Jerry Seinfeld earned $85 million, making him the highest-paid comedian during that 12-month period.
According to Forbes magazine, Jerry Seinfeld’s annual earnings in 1998 were $267 million, making him the highest-paid celebrity that year. The show Seinfeld still generates more revenue than most current shows through syndication and DVD sales. In 1998, Jerry reportedly turned down $5 million per episode, for 22 episodes, to continue the show for a tenth season. Co-creator Larry David is also extremely wealthy and has an estimated net worth of $800 million.
In comparison to other movie stars, Jerry Seinfeld’s net worth stands out. The estimated net worth of some A-list stars include Tom Hanks ($390 million), Johnny Depp ($200 million), Tyler Perry ($400 million), Harrison Ford ($230 million), Leonardo DiCaprio ($245 million), Will Smith ($250 million), John Travolta ($170 million), Brad Pitt ($240 million), Julia Roberts ($140 million), Ben Stiller ($200 million), Denzel Washington ($140 million), Jeff Foxworthy ($100 million), and Will Ferrell ($100 million).
Jerry Seinfeld is rumored to own one of the largest Porsche collections in the world. A current tally has Seinfeld owning 46 Porsches. Paul Bannister reported that Seinfeld’s collection includes Porsche 911s from various years, 10 Porsche Boxsters each painted a different color, and the famous 1955 Porsche 550 Spyder, the same model and pearl-grey color that actor James Dean was driving when he crashed and died. The centerpiece is a $700,000 Porsche 959, one of only 337 ever built.
Estimated Net Worth: $900 Million
Bono is an Irish singer, musician, and humanitarian best known for being the main vocalist of the Dublin-based rock band U2. To date, U2 has released 12 studio albums and are among the best-selling groups in popular music history, having sold more than 150 million records worldwide. U2 has won 22 Grammy Awards, which is more than any other band. In 2005, U2 was inducted into the Rock and Roll Hall of Fame. The groups 360° Tour (2009-2011) is currently the best selling concert tour of all time with gross revenue of $736,137,344. The tour included 110 shows across the world and amassed an attendance of 7,268,430 people.
The success has given Bono an estimated net worth of over $900 million. He is well on his way to becoming a billionaire. In comparison to other music legends, Bono’s massive fortune stands out. The Edge, who is the guitarist for U2, is also extremely rich and holds an estimated net worth of $200 million. Some other wealthy music legends, some deceased, include John Lennon ($800 million), Paul McCartney ($780 million), Michael Jackson ($600 million), Madonna ($500 million), George Harrison ($400 million), Mick Jagger ($305 million), Elvis ($300 million), Cher ($300 million), Gene Simmons ($300 million), Celine Dion ($260 million), Jennifer Lopez ($250 million), Eric Clapton ($115 million), and Courtney Love ($100 million).
In 2010 Bono’s investment arm Elevation Partners purchased a 1.5% stake in Facebook for $200 million. In 2011 that stake was valued at $700 million when Facebook reached $55 billion.
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