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<p>If Earvin Johnson wanted to realize his bold business ambitions, he was going to need a little magic. During the peak years of the Showtime-era Lakers in the 1980s, there was little reason to believe that an athlete would ever be taken seriously in the boardroom.&nbsp;But over the last 30 years, Johnson has been a major player in movie theaters, fast food franchises, real estate and health care. The 64-year-old basketball Hall of Famer also owns small stakes in sports teams including the Los Angeles Dodgers and Washington Commanders. Most significantly for Johnson, in 2015, he bought a controlling stake in the Chicago-based life insurance provider EquiTrust, which makes up the majority of a personal net worth that <em>Forbes</em> estimates to be $1.2 billion.&nbsp;</p>
<p>That makes Johnson just the fourth professional athlete&nbsp;<em>Forbes </em>has ever identified as a billionaire, alongside Michael Jordan, Tiger Woods and LeBron James. Unlike the others, Johnson didn&rsquo;t have &nbsp;the benefit of enormous income from his playing days. Johnson&rsquo;s NBA career earnings add up to around $40 million (about $110 million adjusted for inflation), and he earned between $2 million and $4 million per year in endorsements, according to&nbsp;<em>Forbes</em> estimates. James, by comparison, has made $479 million and counting over the course of his career on the court and will rake in $70 million off it this season alone.</p>
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<p>With so much farther to climb, Johnson needed to succeed in business the same way he did on the basketball court&mdash;by being a great teammate. He built his portfolio through joint ventures and partnerships on the strength of his winning smile as much as his business savvy, making lasting relationships with those at the upper echelons of the business world. &ldquo;He was born with that special talent; he&rsquo;s&nbsp;had it since the beginning of his career,&rdquo; says Mandalay Entertainment CEO Peter Guber, who has invested with Johnson in multiple ventures, including the Dodgers. &ldquo;If I could know exactly what it was, I would bottle it and give it to myself and everybody in my company.&rdquo;</p>
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is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 87 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.

n. We will also use usage information in order to ensure users adhere to our Terms of Use. For example, a user’s usage information will help us confirm that a user only downloads a magazine or other content a permitted number of times or to a permitted number of devices.

which gives digital readers unlimited access to 8,500+ magazines and newspapers for a monthly subscription price. Magzter also has the largest number of stories in the world with its game-changing ezRead 2.0 feature for its apps, which enables smartphone and small-screen mobile users to enjoy magazine content the way it was meant to be enjoyed, with article text that is easy to read and is accompanied by stunning videos and high resolution photography.

{{magzter}} is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 87 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.