The richest NBA players of all time – Michael Jordan, LeBron James, Magic Johnson, and more billion-dollar net worths compared (2024)

March Madness may be over, but the influence of the National Basketball Association, or the NBA, remains as powerful as ever, producing some of the richest athletes of all time.

After the Women's National Basketball Association draft picks for 2024 picked up considerable buzz earlier this week, interest has surged in the NBA 2024 drafts, due to begin in June, and which young stars can join the line-up of the sport's most affluent athletes.

Take a look below at the richest players in NBA history, thanks to their lucrative season salaries and some very hefty endorsem*nt and entrepreneurial deals…

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Shaquille O'Neal

Shaquille O'Neal, now 52, is often regarded as one of the greatest basketball players and centers of all time, with good reason. Through his tenure on the court, from 1992-2011, he was a 4-time NBA champion, 15-time NBA All-Star, and won an Olympic gold in 1996.

The richest NBA players of all time – Michael Jordan, LeBron James, Magic Johnson, and more billion-dollar net worths compared (6)© Getty Images

However, his wealth doesn't just come from his hefty salary, but also his many endorsem*nts and efforts off-court. His lucrative deals with the likes of Reebok, Pepsi, Icy Hot, and Buick, among others, netted him well over $200 million in endorsem*nts during his playing career.

He has branched out into the entertainment industry as well, releasing four rap albums (including his platinum debut), working as a DJ, an actor, TV host, and the star of reality shows like Shaq's Big Challenge and Shaq Vs. Through his stint as a media personality (and even a pro wrestler), Shaq's net worth clocks in at an impressive $500 million, according to celebritynetworth.com.

Vinnie Johnson

The richest NBA players of all time – Michael Jordan, LeBron James, Magic Johnson, and more billion-dollar net worths compared (7)© Getty Images

One of the NBA's OGs, now 67-year-old Vinnie Johnson famously earned only a reported $6 million during his stint on the court from 1979-1992, playing for a decade with the Detroit Pistons.

However, after his retirement, he branched out into entrepreneurship, establishing The Piston Group, an automotive company that has found success as a supplier to major automobile companies like Ford and General Motors.

The richest NBA players of all time – Michael Jordan, LeBron James, Magic Johnson, and more billion-dollar net worths compared (8)© Getty Images

Piston is one of the world's most successful minority-owned businesses and generates just under $3 billion in annual revenue. As the company's Chairman and CEO, Vinnie himself clocks in with a massive $500 million net worth per celebritynetworth.com.

Junior Bridgeman

Ulysses "Junior" Bridgeman, now 70, has remained the model for establishing one's legacy after the NBA, never making more than $350,000 per season during his pro career (1975-1987) with the Milwaukee Bucks and the Los Angeles Clippers.

However, while active on the court, he developed an interest in the business model for Wendy's fast food franchises, and invested in the franchise after his retirement, owning over 100 Wendy's and Chili's restaurants worldwide before selling in 2016.

The richest NBA players of all time – Michael Jordan, LeBron James, Magic Johnson, and more billion-dollar net worths compared (10)© Getty Images

The President and CEO of Bridgeman Foods Inc. branched out when they became a bottler for The Coca-Cola Company in 2017, a major draw. And in 2020, his company bought the magazines Ebony and Jet. Thanks to the massive success of his business empire, his net worth now stands at $600 million according to celebritynetworth.com.

LeBron James

The richest NBA players of all time – Michael Jordan, LeBron James, Magic Johnson, and more billion-dollar net worths compared (11)© Getty Images

The wealthiest active NBA player, 39-year-old LeBron James has had one of the most celebrated NBA careers in history through his multiple seasons with the Cleveland Cavaliers, Miami Heat, and currently the Los Angeles Lakers since he started playing in 2003.

While his annual base salary of upwards of $40 million is a cool enough cushion, his off-court efforts as an entrepreneur and smart investor have made him a billionaire. LeBron's secret has always been to take equity in brands he's worked with, including Beats, Blaze Pizza, Fenway Sports Group (home of the Boston Red Sox), Liverpool F.C., and co-owner of A.C. Milan with Drake.

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The richest NBA players of all time – Michael Jordan, LeBron James, Magic Johnson, and more billion-dollar net worths compared (12)© Getty Images

His many endorsem*nts have also helped, including his $30 million a year contract with Nike and other deals with PepsiCo, Coca-Cola, Audemars Piguet, McDonald's, and State Farm. He is the first billionaire on this list, with Forbes estimating his net worth at $1.2 billion.

Magic Johnson

The richest NBA players of all time – Michael Jordan, LeBron James, Magic Johnson, and more billion-dollar net worths compared (13)© Getty Images

Now 64, the legendary Earvin "Magic" Johnson spent his entire professional career with the Los Angeles Lakers between 1979 and 2000, becoming one of the sport's greatest of all time and creating a wave in the industry with his openness about his HIV diagnosis.

His investment and entrepreneurial deals have earned him his billions, though, thanks to Magic Johnson Enterprises, which is worth $700 million, thanks to its investments in the entertainment and movie theater spaces. One of his biggest successes came with his partnership with Starbucks CEO Howard Schultz to bring the coffee chain to hundreds of urban areas nationwide.

The richest NBA players of all time – Michael Jordan, LeBron James, Magic Johnson, and more billion-dollar net worths compared (14)© Getty Images

His majority ownership stake in EquiTrust Life Insurance Company, which he bought in 2015, significantly boosted his wealth, thanks to its growth to $26 billion in assets. As it stands, including his ownership of several sports teams, Magic is worth $1.2 billion as per Forbes.

Michael Jordan

The richest NBA players of all time – Michael Jordan, LeBron James, Magic Johnson, and more billion-dollar net worths compared (15)© Getty Images

The greatest basketball player of all time is also its richest! Michael Jordan, now 61, won six NBA championships with the Chicago Bulls between 1984-2003 and helped popularize the sport worldwide.

EXPLAINED:Michael Jordan's net worth: all about the Bulls legend's billion-dollar empire off the court amid new record

It was his marketing prowess that cemented his legacy, particularly his extremely successful partnership with Nike on the Air Jordan sneakers (now a brand of its own), which started in 1984 and remain coveted to this day.

The richest NBA players of all time – Michael Jordan, LeBron James, Magic Johnson, and more billion-dollar net worths compared (16)© Getty Images

His many other deals with Hanes and Gatorade certainly help, plus becoming a NASCAR team co-owner in 2020. In 2006, he became part owner of the Charlotte Hornets (then the Bobcats) and bought a controlling interest in 2010. However, when he sold his majority stake in 2023, it valued the NBA franchise at $3 billion and helped his own worth skyrocket to $3.2 billion, per Forbes.

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The richest NBA players of all time – Michael Jordan, LeBron James, Magic Johnson, and more billion-dollar net worths compared (2024)

FAQs

Who is the richest NBA player of all time? ›

Michael Jordan holds the largest 1-year contract in NBA history, LeBron James is the highest career earner and Stephen Curry is the highest season earner and is also the largest multi-year contract holder in NBA history.

Who are the 4 NBA billionaires? ›

A fourth athlete has joined the world's billionaire club, according to Forbes. Former NBA point guard Magic Johnson is now a billionaire, joining fellow NBA players Michael Jordan and LeBron James as well as golfer Tiger Woods as the only athletes to do so.

Who's richer, Michael Jordan or LeBron James? ›

Michael Jordan on the other hand has a net worth of $1.7 billion dollars according to Forbes, but contrary to LeBron James, Jordan only made $90 million dollars through NBA salaries during his career, but managing to earn over $1.8 billion dollars through his partnership with Nike, Gatorade, DraftKings and Hanes.

How much is Magic Johnson's net worth? ›

Magic Johnson Is Now A Billionaire

The Basketball Hall of Famer is worth $1.2 billion thanks to investments in several professional sports teams and a life insurance company that has reached new heights under his ownership.

Who is the richest NBA owner right now? ›

Of America' richest sports owners, 16 attribute more than 50% of their fortunes to sources beyond their teams. Leading the charge as the wealthiest owner, for the ninth consecutive year, is the Los Angeles Clippers' Steve Ballmer, No. 9 on The Forbes 400 with an estimated net worth of $101 billion.

Who is the wealthiest person in the world? ›

Bernard Arnault, chairman of LVMH, is the richest person and the richest man in the world with a net worth of $215 billion. After Arnault is Jeff Bezos, founder of Amazon.

How much is Shaq's net worth? ›

He's also a successful entrepreneur, actor, investor, and philanthropist whose multifaceted career has significantly boosted his net worth. As of 2024, Shaq's net worth is estimated to be upwards of $500 million​ according to multiple sources.

How is Magic Johnson a billionaire? ›

Johnson has investments in numerous companies including ownership stakes in various sports teams. But Forbes says his stake in a life insurance company holds most of his wealth.

Is Kareem Abdul Jabbar a billionaire? ›

Kareem Abdul Jabbar's Net Worth And Biography. Net worth: $25 Million.

What athlete owns Starbucks? ›

NBA Hall of Famer Earvin 'Magic' Johnson is a billionaire, according to new reporting by Forbes (Magic Johnson Is Now A Billionaire by Matt Craig), becoming only the fourth professional athlete to reach the benchmark following a lucrative post-basketball career as an investor in professional sports teams, movie ...

Who is the most valuable NBA player now? ›

As of the 2023–24 season, the current holder of the award is Nikola Jokić of the Denver Nuggets. Every player who has won this award and deemed eligible for the Naismith Memorial Basketball Hall of Fame has been inducted. Kareem Abdul-Jabbar won the award a record six times.

Who is the billionaire NBA fan? ›

Goldstein (born January 5, 1940) is an American businessman who attends a large number of National Basketball Association (NBA) games, typically in courtside seats, including many home games for the Los Angeles Lakers and the Los Angeles Clippers.

What is Steph Curry's net worth? ›

Curry has a net worth of $160 million, according to Celebrity Net Worth. 4 But he makes millions off the court, too—the NBA champion is a savvy investor and entrepreneur with many lucrative businesses and partnerships to his name.

Who is the richest NFL player of all time? ›

Former National Football League (NFL) player and executive Jerry Richardson was the richest NFL player of all time as of January 2023, with a net worth of around two billion U.S. dollars.

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