HEATWAVE - I was an NBA star who earned just $5m during career – but I quit to make own company and am now worth $400million
I was an NBA star who earned just $5m during career – but I quit to make own company and am now worth $400million
Published: 10:45 ET, Jul 19 2023
Updated: 9:22 ET, Jul 21 2023
THE Pistons' Vinnie Johnson has long been hailed as having one of the NBA's most memorable nicknames.
Known as The Microwave, Johnson had an uncanny ability to heat up quickly off the bench. But he's also one of the greatest businessmen in league history.
Johnson was known as The Microwave for his ability to score points quickly off the bench
Credit: Getty
The 66-year-old is now worth $400million after a successful business career
Credit: Getty
The former Detroit Pistons sixth man has transformed his $5 million career earnings into a $400 million fortune.
After an illustrious career in which he won two NBA titles, Johnson hung up his sneakers in 1992.
He then started his own automobile supply company, the Piston Group, which became a supplier for Ford, GM, Honda, Toyota, and Chrysler.
Piston Group is one of the world’s largest minority-owned businesses and turns over $3 billion annually, according to CelebrityNetWorth.
The 66-year-old, who serves as the Piston Group’s chairman and CEO, has an incredible net worth of $400 million.
“I really wanted to get into business and create some jobs and opportunities,” Johnson told Baylor Magazine in 2013.
“I wanted to do something different outside of basketball, but the main thing was giving back to the city of Detroit for all the support they have given me.”
Piston Group struggled at times during its first five years but took off in 2001 when it formed joint ventures with Lear Corp., Continental, and Sachs Automotive.
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