|Net Worth:||$500 Million|
|Date of Birth:||September 1, 1956 (66 years old)|
|Nationality:||United States of America|
What Is Vinnie Johnson’s Net Worth?
Vinnie Johnson is a retired professional basketball player and entrepreneur who has a net worth of $500 million. Vinnie played in the NBA for the San Antonio Spurs, the Detroit Pistons, and the Seattle SuperSonics. With the Pistons, he won the NBA title in 1989 and 1990.
Vinnie built up most of his riches through a company he started when his NBA career came to an end. In his post-retirement years, Vinnie established the Piston Group, an automaker.
Vinnie Johnson was born on 1 September 1956 in Brooklyn borough, New York City.
In Brooklyn, Johnson attended Franklin Delano Roosevelt High School.
Vinnie attended McLennan Community College in Waco, Texas, after graduating from high school, where he played two seasons as the team’s star basketball player. He was awarded a junior college All-American in 1976–1977 after leading the team to the NJCAA national tournament.
Vinnie Johnson transferred to Baylor University where he remained through the end of his college career.
Early Career in NBA
The Seattle SuperSonics selected Johnson with the seventh overall pick in the 1979 NBA draft. He was traded for the Detroit Pistons in 1981. Danny Ainge, a Boston Celtics guard, gave Johnson the moniker “the Microwave” during his time with the Pistons. The moniker was a reference to Vinnie’s propensity to ignite the offense by tallying a string of scores quickly after coming off the bench.
Vinnie Johnson’s total NBA salary during his NBA career was a little over $6 million.
Between 1990 and 1992 he earned his highest single-season pay of $1.4 million.
Earning $1.4 million in 1992 is equivalent to making around $3 million in today’s dollars. Total earnings in the late 1980s and early 1990s of $6 million are equivalent to almost $13 million in current terms.
Vinnie Johnson career in NBA ended when he officially retired in 1992.
The Piston Group
Vinnie wasn’t willing to spend the rest of his life doing nothing after leaving the NBA.
The first business Vinnie ever founded was a construction company with some friends. Unfortunately, after completing their first assignment, this company went out of business.
Vinnie Johnson decided that it would be a good idea to launch an auto packaging company in Detroit in 1995. The company is called Piston Group.
The Piston Group rose to prominence as a top supplier of automotive components to significant global automakers over the ensuing ten years, including General Motors and the Ford Motor Company. Johnson is the CEO and Chairman of the Piston Group.
Vinnie Johnson is still the CEO and Chairman of the board. His enterprise has over 11,500 employees working for it in the US, and it brings in just under $3 billion annually. The business is among the biggest minority-owned enterprises in the world.
Vinnie Johnson has held the position of chairman of the board of directors for the joint ventures JL Automotive and PASA Modules in addition to his other commercial enterprises. Additionally, he belongs to the Detroit Chamber of Commerce and the Michigan Minority Business Development Council.
Vinnie Johnson is not married and information concerning who he is dating is withheld.
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