Magic Johnson officially has an empire. His real estate portfolio consists of Starbucks, TGI Friday's, Burger King, MJ Theaters, 24-Hour Fitness Gyms, major urban condominium/apartment developments and much, much more. Residential single family homes are just the beginning in terms of real estate investing. With the right advisers in your corner, combined with a thirst for real estate business knowledge, the sky is the limit on a upper eschelon pro athletes salary.
What's even greater is his passion to bring a new sense of hope and jobs to the residents of inner cities across the nation. All of the above investments were made within urban city walls where on a daily basis there is economic struggle. Now, there are more jobs and the people actually have choices with regards to restaurants and employment that they never had before.
Original article: Washington Business Journal
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