Who Is Magic Johnson?
Magic Johnson, whose full name is Earvin “Magic” Johnson Jr., is a former NBA superstar and successful entrepreneur. He spent his entire NBA career with the Los Angeles Lakers and became one of the defining players of the Showtime era.
After basketball, Johnson expanded into business through Magic Johnson Enterprises. His investments have included entertainment, real estate, sports franchises, healthcare and restaurant businesses.
Forbes listed Johnson with an estimated real-time net worth of $1.6 billion as of July 27, 2026, making him one of the few athletes to reach billionaire status.
Is Magic Johnson Married?
Yes. Magic Johnson is married to Cookie Johnson.
The couple met while they were students at Michigan State University in the late 1970s. After dating for years, they married in September 1991.
Their marriage has lasted more than three decades. Magic has frequently spoken publicly about Cookie’s importance in his life, describing her as his best friend as well as his wife.
In 2025, Johnson celebrated 34 years of marriage and described Cookie as a major source of love and support for their family.
Who Is Magic Johnson’s Wife Cookie?
Cookie Johnson, born Earlitha “Cookie” Kelly, is an entrepreneur, author and philanthropist.
She has built a career independently of her famous husband. Cookie founded the CJ by Cookie Johnson denim brand and has also written about her family’s experiences in her memoir, Believing in Magic.
Cookie and Magic have two children together: Earvin “EJ” Johnson III and Elisa Johnson, whom they adopted. Magic also has a son, Andre Johnson, from a previous relationship, making Cookie his stepmother.
Does Magic Johnson Own Starbucks?
This is one of the most common questions about Magic Johnson’s business career.
Magic Johnson does not currently own Starbucks franchises. He previously had a major business relationship with Starbucks.
In 1998, Johnson’s company partnered with Starbucks to create Urban Coffee Opportunities, bringing Starbucks locations into communities that the company was seeking to serve. Magic Johnson’s official company history says his Starbucks shares were eventually sold in 2011.
Therefore, saying that Magic Johnson currently owns Starbucks would be misleading.
His Starbucks investment was nevertheless an important part of his business story. It demonstrated how Johnson used his celebrity profile and business experience to enter markets beyond professional sports.
How Many Starbucks Did Magic Johnson Own?
Magic Johnson’s Starbucks involvement was through a franchise and investment partnership rather than ownership of the entire Starbucks corporation.
His partnership helped establish numerous Starbucks locations in urban communities. The venture became one of the best-known examples of Johnson’s post-NBA business strategy.
However, Johnson eventually sold his Starbucks shares in 2011. His official business timeline confirms the sale.
Does Magic Johnson Own a Yacht?
Magic Johnson is frequently photographed enjoying luxury yachts, particularly during his annual European vacations.
However, appearing on or chartering a yacht does not necessarily mean he owns that yacht.
Recent reports have shown Johnson and Cookie enjoying luxury yacht vacations with friends and family. In 2026, the couple continued their annual European getaway, with stops including Forte dei Marmi in Italy and Formentera in Spain.
In other words, Magic Johnson is clearly a frequent luxury-yacht traveler, but reports about individual yachts should not automatically be interpreted as proof that he personally owns them.
Magic Johnson and Cookie’s Yacht Vacations
Yacht vacations have become something of a tradition for Magic and Cookie Johnson.
The couple has traveled around the Mediterranean with friends and family, visiting destinations in Italy, France, Greece and Spain.
In 2024, Magic and Cookie were photographed vacationing aboard the Phoenix 2 with friends in Spain. Reports described the trip as part of their regular summer yacht tradition.
Their yacht trips have also included famous friends such as Samuel L. Jackson and other celebrities.
2026 Yacht Trip
The Johnson family continued its European vacation tradition in 2026.
According to a June 2026 report, Magic shared photos and video from a family getaway that included Cookie, Andre, EJ and Elisa, as well as his grandchildren. The trip featured time aboard a luxury yacht and visits to destinations in Italy and Spain.
The vacation highlights how travel has become an important part of the Johnson family’s lifestyle.
Is Magic Johnson a Billionaire?
Yes. Forbes currently estimates Magic Johnson’s net worth at approximately $1.6 billion.
His fortune did not come primarily from his NBA salary. Forbes notes that Johnson earned roughly $40 million during his playing career, while much of his wealth was created through investments and business partnerships.
His portfolio has included sports ownership, real estate, healthcare and other ventures.
Forbes also reports that Johnson owns stakes in teams and organizations including the Washington Commanders, Los Angeles Dodgers, Los Angeles Sparks and LAFC.
Magic Johnson and Cookie Johnson Today
Magic and Cookie Johnson remain one of the most recognizable long-married couples connected to professional sports.
Their relationship began when they were college students and continued through Magic’s NBA career, retirement and transformation into a business executive.
Cookie has also remained active in entrepreneurship and philanthropy. Magic has credited her with providing crucial support during some of the most difficult periods of his life.
Their regular family vacations and public appearances continue to attract attention from fans.
FAQs
Is Magic Johnson still married to Cookie?
Yes. Magic Johnson and Cookie Johnson have been married since September 1991 and have been together for decades.
Does Magic Johnson own Starbucks?
No. Magic Johnson previously had a significant Starbucks franchise and investment partnership, but his official company history says he sold his Starbucks shares in 2011.
Who is Cookie Johnson?
Cookie Johnson is Magic Johnson’s wife, entrepreneur, author and philanthropist. She also founded the CJ by Cookie Johnson denim brand.
Does Magic Johnson own a yacht?
Magic Johnson regularly vacations aboard luxury yachts, but reports about the yachts he uses do not establish that he owns them. Many of his trips involve chartered vessels.
How long have Magic and Cookie Johnson been married?
As of 2026, Magic and Cookie Johnson have been married for nearly 35 years. They married in September 1991.
Conclusion
Magic Johnson’s life after basketball has been just as fascinating as his legendary NBA career. He is married to Cookie Johnson, and their relationship has lasted more than three decades. The couple also maintains a well-known tradition of luxury yacht vacations with family and friends.
As for Starbucks, Magic Johnson does not currently own the company or its franchises. He previously built a successful Starbucks partnership through Urban Coffee Opportunities, but his official business history confirms that he sold his Starbucks shares in 2011.
Today, Johnson’s business empire extends far beyond coffee. With an estimated $1.6 billion fortune and investments across sports and other industries, the former Lakers star has established himself as one of the most successful athlete-entrepreneurs in American sports.
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