Shout outs to the homies over at Corporate Takeover that posted this clip of Magic Johnson describing his expansive empire. By the looks of things, in a year or two Oprah Winfrey and Bob Johnson won’t be the only “black” Billionaires in America. Magic is $100 milly away from a billy thanks to a diverse portfolio that includes 6 of his signature AMC Magic Johnson theaters, 31 Burger King franchises, 12 24-Hour Fitness centers, 27 Washington Mutual Loan centers and a whopping 103 Starbucks cafes. The $900 million man throws out some gems for those on a quest for a corporate takeover.
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I think that is great I wonder if Magic going to invest in the black shopping channel? Which I feel is going to be the next big thing.http://www.blackshoppingchannel.com/