has been declared as the fourth athlete to ever turn into a billionaire, joining fellow superstars and on the list, as well as golfer . The 64-year-old, former L.A. Lakers guard is believed to have an estimated net worth of roughly $1.2billion this year, according to multiple outlets.Magic's wealth has grown exponentially since he retired in 1996. His investments outside of basketball have paid dividends, ultimately paving the way for the five-time NBA champion to become a member of the 10-figure club.
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