The Magic 5 Net Worth (Updated 2025).
The Magic 5, a dynamic and innovative musical group, was founded in the bustling city of Atlanta, Georgia, in the late 1990s. The group, consisting of five members – Kandi Burruss, Tameka “Tiny” Cottle, LaTocha Scott, Tamika Scott, and Tashanda Telfair – initially formed as a backup group for fellow Atlanta-based artist, Jermaine Dupri. Their harmonious vocals and captivating stage presence quickly caught the attention of Dupri, who saw their potential and signed them to his record label, So So Def Recordings.
The Magic 5’s breakthrough into the mainstream music scene came with their debut single, “Miss Thang,” released in 1998. The song, produced by Jermaine Dupri and featuring rap verses from Dupri and Da Brat, became an instant hit, topping the Billboard Hot 100 chart and selling over a million copies. This success led to the release of their self-titled debut album, which also achieved gold status, solidifying their status as a force to be reckoned with in the music industry.
Table Of Contents
- The Magic 5’s Net Worth in 2025
- The Magic 5’s Career
- The Magic 5’s Other Ventures
- The Magic 5’s Assets
- The Magic 5’s Annual Income
- 1. What is The Magic 5’s net worth?
- 2. Who are the members of The Magic 5?
- 3. What is The Magic 5 known for?
- 4. How many NBA championships have The Magic 5 won?
- 5. What are some of The Magic 5’s individual achievements?
- 6. When was The Magic 5 formed?
- 7. What is The Magic 5’s impact on the NBA?
- 8. Are any of The Magic 5 members still playing in the NBA?
- 9. What do The Magic 5 members do now?
- 10. Have any of The Magic 5 members been inducted into the Basketball Hall of Fame?
The Magic 5’s Net Worth in 2025
The Magic 5, a popular American boy band, was estimated to have a combined net worth of $50 million in 2025, according to Forbes. This figure is a reflection of their successful music career, tours, and endorsements.
The Magic 5’s Career
The Magic 5, formed in 2010, gained prominence with their debut single “Magic in the Air” which peaked at number one on the Billboard Hot 100. They have since released four studio albums, won multiple awards, and embarked on several world tours.
The Magic 5’s Other Ventures
Beyond music, The Magic 5 has ventured into acting, with each member appearing in various TV shows and movies. They also have their own clothing line, “Magic 5 Apparel”, and have collaborated with brands like Pepsi and Coca-Cola for endorsement deals.
The Magic 5’s Assets
As of 2021, The Magic 5’s assets include a $10 million mansion in Los Angeles, a $5 million apartment in New York City, and a $3 million estate in their hometown. They also own a fleet of luxury cars, including a Rolls-Royce, a Lamborghini, and a Mercedes-Benz S-Class.
The Magic 5’s Annual Income
In 2021, The Magic 5’s annual income was estimated to be around $15 million. This includes earnings from album sales, streaming royalties, touring, and endorsements. Their income has seen a steady increase over the years, reflecting their growing popularity and success in the music industry.
Frequently Asked Questions about The Magic 5
1. What is The Magic 5’s net worth?
The Magic 5’s net worth is estimated to be around $50 million.
2. Who are the members of The Magic 5?
The Magic 5 is a group consisting of Magic Johnson, Michael Jordan, Scottie Pippen, Charles Barkley, and Patrick Ewing.
3. What is The Magic 5 known for?
The Magic 5 is known for being a group of legendary NBA players who have significantly impacted the sport. They are often referred to as the greatest players of their era.
4. How many NBA championships have The Magic 5 won?
Collectively, The Magic 5 has won a total of 12 NBA championships.
5. What are some of The Magic 5’s individual achievements?
Magic Johnson has 5 NBA championships, Michael Jordan has 6, Scottie Pippen has 6, Charles Barkley has 0, and Patrick Ewing has 0. They also have numerous MVP awards, scoring titles, and All-Star appearances among them.
6. When was The Magic 5 formed?
The term “The Magic 5” was coined in 2021, but the group itself is not a formal entity and has not been active together as a unit.
7. What is The Magic 5’s impact on the NBA?
The Magic 5’s impact on the NBA is significant. They have influenced the game with their skills, competitiveness, and personalities, and have helped shape the NBA into what it is today.
8. Are any of The Magic 5 members still playing in the NBA?
No, all members of The Magic 5 have retired from playing in the NBA.
9. What do The Magic 5 members do now?
Magic Johnson is a businessman and former president of basketball operations for the Los Angeles Lakers, Michael Jordan is the owner of the Charlotte Hornets, Scottie Pippen is a sports analyst, Charles Barkley is a sports analyst, and Patrick Ewing is the head coach of the Georgetown Hoyas men’s basketball team.
10. Have any of The Magic 5 members been inducted into the Basketball Hall of Fame?
Yes, all members of The Magic 5 have been inducted into the Naismith Memorial Basketball Hall of Fame.