Popular articles

Does Janet Jackson own a Bank?

Does Janet Jackson own a Bank?

In 2001 the institution merged with Founders National Bank of Los Angeles, of which the majority owners were former professional basketball player and businessman Earvin “Magic” Johnson, musician Janet Jackson, and former Motown Records President Jheryl Busby. Boston Bank of Commerce rebranded as OneUnited Bank.

What bank did Magic Johnson own?

In October 2010, Johnson sold his interest in 105 Starbucks licenses back to the company. The next day he sold his 4% interest in the Los Angeles Lakers for an estimated $27 million to Patrick Soon-Shiong….Magic Johnson Enterprises.

Industry investment
Founder Magic Johnson
Headquarters United States of America

Who owns the largest black owned bank in America?

New Orleans-based Liberty Bank and Trust Co. — the largest Black-owned financial institution in the U.S., with more than $850 million in assets — has an agreement in place to acquire Tri-State Bank of Memphis, the institutions jointly announced June 3.

Does Magic Johnson still own the Dodgers?

Still a commanding presence in the sports world, he made history in 2012 when he became co-owner of the Los Angeles Dodgers. He also co-owns the Los Angeles Sparks of the WNBA and Major League Soccer’s Los Angeles Football Club. Johnson continues to expand his influence through a number of other investments.

Are there any black bank owners?

Black-owned banks and credit unions Citizens Trust Bank – located in 15 cities across the U.S. Commonwealth National Bank – has two locations in Mobile, Ala. Broadway Federal Bank FSB – two locations in Los Angeles, Calif. and one in Inglewood, Calif.

Which Burger Kings Does Chris Brown own?

14 Burger King
Controversial R&B singer Chris Brown owns 14 Burger King restaurant franchises. Buying into this famous fast food chain doesn’t come cheap though. It’s reported that a successful Burger King franchisee must have a net worth of at least $1.5 million (£1.13m) and have $500,000 (£377k) in liquid assets.