1851

Magic Johnson, an iconic NBA player,&nbsp;<a href="https://www.britannica.com/biography/Magic-Johnson?utm_source=1851franchise.com&utm_medium=article&utm_campaign=what-franchises-does-magic-johnson-own-2720863" target="_blank" rel="nofollow">left Michigan State University</a> after his sophomore season to go play with the Lakers. So, when he retired in 1996 after 13 seasons in the NBA, he remained involved in the basketball space while also pursuing other forms of entrepreneurship and working diligently as an HIV/AIDS activist. In 2015, Johnson received an honorary doctor of business degree from Xavier University of Louisiana.<figure class="media"><div data-oembed-url="https://www.google.com/url?q=https://www.instagram.com/p/2eKBylHkuw/?utm_source%3Dig_embed%26ig_rid%3D8fdb815f-8075-4550-b5ef-7a2107557621&amp;sa=D&amp;source=docs&amp;ust=1674226777456736&amp;usg=AOvVaw3x5s6JenxBx_sQG-xz2uub"><div class="iframely-embed"><div class="iframely-responsive"><iframe src="//cdn.iframe.ly/api/iframe?app=1&amp;api_key=fd3b6b3731f34f55ba1fe3&amp;url=https%3A%2F%2Fwww.google.com%2Furl%3Fq%3Dhttps%3A%2F%2Fwww.instagram.com%2Fp%2F2eKBylHkuw%2F%3Futm_source%253Dig_embed%2526ig_rid%253D8fdb815f-8075-4550-b5ef-7a2107557621%26sa%3DD%26source%3Ddocs%26ust%3D1674226777456736%26usg%3DAOvVaw3x5s6JenxBx_sQG-xz2uub" frameborder="0" allow="autoplay; encrypted-media" allowfullscreen=""></iframe></div></div></div></figure>Now, he has a net worth of around&nbsp;<a href="https://www.sportskeeda.com/basketball/magic-johnson-wife-net-worth?utm_source=1851franchise.com&utm_medium=article&utm_campaign=what-franchises-does-magic-johnson-own-2720863" target="_blank" rel="nofollow">$620 million</a>, and in 2020, his investment firm had holdings worth an estimated $1 billion.In addition to Marvel, Jopwell, the Los Angeles Sparks, Cigna and more, Johnson is involved in the following franchises.<figure class="image"><img src="https://1851-prod.s3.amazonaws.com/story/editor/1674223768_magic johnson tgif.png"></figure>Photo credit: Magic Johnson’s T.G.I. Friday’s<a href="https://tgifridays.com/franchise/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=what-franchises-does-magic-johnson-own-2720863" target="_blank" rel="nofollow">T.G.I. Friday’s</a>With over 850 restaurants in 55 countries, Fridays™ is known for its burgers, steaks and potato skins. In 1998, Johnson&nbsp;<a href="https://www.bet.com/photo-gallery/fiyfh7/magic-johnson-s-business-ventures/kgbkul?utm_source=1851franchise.com&utm_medium=article&utm_campaign=what-franchises-does-magic-johnson-own-2720863" target="_blank" rel="nofollow">entered an agreement</a> to develop a Magic Johnson’s T.G.I. Friday’s restaurant, in partnership with Carlson Restaurants Worldwide Inc.<a href="https://franchising.bk.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=what-franchises-does-magic-johnson-own-2720863" target="_blank" rel="nofollow">Burger King</a>In 2004, Johnson announced that his company would be buying 30 Burger King locations in Georgia, Alabama, Texas and Florida.“With these restaurants, we expect that, as time passes, new jobs will be created and relationships with minority contractors will be strengthened in these four important cities,” Johnson said in a&nbsp;<a href="https://www.latimes.com/archives/la-xpm-2004-jun-08-fi-magic8-story.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=what-franchises-does-magic-johnson-own-2720863" target="_blank" rel="nofollow">statement</a>.According to&nbsp;<a href="https://www.franchisewire.com/how-magic-johnson-fosters-black-entrepreneurship/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=what-franchises-does-magic-johnson-own-2720863" target="_blank" rel="nofollow">FranchiseWire</a>, Johnson’s Burger King restaurants were established in underserved communities but saw a traffic increase — and consequential average sales increase of 20% — thanks to the celebrity’s association. &nbsp;

What Franchises Does Magic Johnson Own?

1851 Franchise

Within his diverse portfolio of investments, Magic Johnson has franchised with T.G.I. Friday’s and Burger King.

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Mainland

Mainland Secures Nearly $10 Million in Media Value for Franchise Clients in Early 2025

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Mathnasium

How These Arizona Mathnasium Learning Centers Franchisees Expanded to 10 Locations 

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BoConcept

BoConcept - Home Furnishing Franchise Agg - Santiago Sideboard - 1851 Franchise

Home Furnishings Business: BoConcept Introduces Santiago Sideboard by Morten Georgsen

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BooXkeeping

BooXkeeping Franchise Expands to Seminole County, Florida, with New Franchisee Ross Duhaime

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Sylvan Learning

How Sylvan Learning Positions Franchisees for Institutional Partnership Success

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What Franchises Does Magic Johnson Own?

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