| Net Worth | Salary | Birthdate | Birthplace | Gender | Height | Profession | Nationality |
|---|---|---|---|---|---|---|---|
| $500 million | $6 million | September 1, 1956 | Brooklyn, New York City | Male | 6 ft 2 in (1.88 m) | Retired Professional Basketball Player, Entrepreneur | American |
What is Vinnie Johnson’s Net Worth?
Vinnie Johnson, a retired professional basketball player and entrepreneur, has a net worth of $500 million. Although he earned a total of $6 million in salary throughout his NBA career, it is his successful business ventures that have contributed significantly to his wealth.
Highlights
– NBA championships with the Detroit Pistons in 1989 and 1990.
– Nicknamed “the Microwave” for his ability to heat up the offense as a bench player.
– Scored 11,825 points during his NBA career.
– Had his jersey number, #15, retired by the Detroit Pistons.
Early Life
Vinnie Johnson was born on September 1, 1956, in Brooklyn, New York City. He grew up alongside his younger brother Eric, who also went on to play in the NBA for the Utah Jazz. Johnson attended Franklin Delano Roosevelt High School in Brooklyn.
After graduating from high school, Johnson enrolled at McLennan Community College in Waco, Texas. He excelled as a basketball player, leading the team to the NJCAA national tournament and earning a junior college All-American title. Johnson then transferred to Baylor University and became one of the greatest scorers in Baylor basketball history.
Career
In the 1979 NBA draft, Johnson was selected as the seventh overall pick by the Seattle SuperSonics. He was later traded to the Detroit Pistons in 1981, where he achieved great success. It was with the Pistons that Johnson earned his nickname “the Microwave” for his ability to quickly score points off the bench.
Johnson had a memorable season with the Pistons in 1988-89, as the team won their first NBA championship. They continued their success in the following season, securing their second consecutive championship. Throughout his NBA career, Johnson played for the Seattle SuperSonics, Detroit Pistons, and San Antonio Spurs.
Personal Life
Vinnie Johnson has dedicated his post-NBA career to entrepreneurship. After retiring from basketball, he founded an automotive company called the Piston Group in 1995. The Piston Group has become a leading supplier of automobile parts to major car companies and generates around $3 billion in annual revenue. Johnson serves as the chairman and CEO of the company, which employs over 11,500 individuals.
Johnson is actively involved in various business ventures and organizations, including serving as the chairman of the board of directors for joint ventures and being a member of the Michigan Minority Business Development Council and the Detroit Chamber of Commerce.
Net Worth Over Time
Throughout his NBA career, Vinnie Johnson earned approximately $6 million in salary. Although his earnings as a professional basketball player were substantial, it is the success of the Piston Group that has significantly contributed to his net worth. With a net worth of $500 million, Johnson is considered one of the richest NBA players and athletes globally.
Components of Net Worth
Vinnie Johnson’s net worth is primarily derived from his ownership and leadership role in the Piston Group. The company, which specializes in supplying automotive parts, generates substantial annual revenue. Johnson’s entrepreneurial success has allowed him to accumulate significant wealth beyond his earnings as a basketball player.
In addition to his business ventures, Johnson’s investments and other assets contribute to his overall net worth. The specifics of his investment portfolio and additional assets are not publicly disclosed.
Overall, Vinnie Johnson’s net worth is a result of his successful business ventures, wise investments, and his earnings from his NBA career.