Earvin “Magic” Johnson, a former Michigan State University basketball player from Lansing who later starred for the Los Angeles Lakers, has joined Michigan billionaires Dan Gilbert, the Stryker family and the Meijer family on Forbes’ 2024 list of the richest people in the world.

Magic Johnson landed at No. 2,410 with a net worth of $1.2 billion.

While Johnson earned $40 million during his time as a Laker in the 1980s, he built his wealth in joint venture partnerships in a variety of businesses including movie theaters, Starbucks franchises, real estate and health care, according to Forbes. Most of his wealth comes from the growth of the life insurance company Equitrust, in which he has a 60% ownership stake, according to Forbes. Johnson also holds small ownership stakes in several professional sports teams.

With a net worth of $26.2 billion, Dan Gilbert, founder of Detroit-based Quicken Loans/Rocket Companies Inc., remains the richest Michigan resident on the list at No. 73, climbing 19 spaces from No. 92 last year.

Next among Michiganders is Mat Ishbia, the chairman and CEO of Pontiac-based United Wholesale Mortgage, who shot up 258 places from last year, now at No. 228. Ishbia’s $9.9 billion net worth grew by around $4 billion since last year. Ishbia and partners also bought the Phoenix Suns organization early last year.

Ishbia was followed by Ronda Stryker, a third-generation heir and director at medical device company Stryker Corp., based in Kalamazoo. Her $8.2 billion net worth put her at No. 312 on the list, up 32 spots from last year. (Her siblings, Jon and Pat, also rose on the list, to No. 563 and No. 809 with $5.4 billion and $3.9 billion respectively.)

Meijer brothers Doug, Hank and Mark tied for 548th. Each of their fortunes grew by around $1 billion last year, increasing their positions from No. 591.  

Little Caesars Pizza co-founder Marian Ilitch dropped to No. 785 from 636 last year, at $4 billion. Ilitch tied with Roger Penske, chairman and CEO of Bloomfield Hills-based car dealer Penske Automotive Group, who rose 120 spots from No. 905 to 785 with $4 billion.

Here’s where they ranked among others with ties to Michigan:

• Steve Ballmer: $121 billion, No. 8 (up from 10)
• Larry Page: $114 billion, No. 10 (up from 12)
• Daniel Gilbert: $26.2 billion, No. 73 (up from 92)
• Andrew Beal: $11.5 billion, No. 173 (down from 170)
• Stephen Ross: $10.1 billion, No. 221 (down from 147)
• Mat Ishbia: $9.9 billion, No. 228 (up from 486)
• Tom Gores: $9.1 billion, No. 270 (up from 418)
• Ronda Stryker: $8.2 billion, No. 312 (up from 334)
• John Brown: $7.7 billion, No. 334 (up from 445)
• Edythe Broad and family: $7 billion, No. 391 (down from 344)
• Doug, Hank and Mark Meijer: $5.5 billion each, tied No. 548 (up from 591)
• Jon Stryker: $5.4 billion, No. 563 (up from 636)
• Justin Ishbia: $5.1 billion, No. 597 (up from 1,312)
• Marian Ilitch: $4 billion, No. 785 (down from 636)
• Roger Penske: $4 billion, No. 785 (up from 905)
• Pat Stryker: $3.9 billion, No. 809 (up from 905)
• Alec Gores: $2.2 billion, No. 1496 (down from 1,217)
• Earvin “Magic” Johnson: $1.2 billion, No. 2,410

Forbes has not ranked anyone from the DeVos family since Richard DeVos Sr.’s death in 2018, but estimated the family’s net worth was $5.4 billion then. The Moroun and Ford families also have not been ranked in several years