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Magic Johnson Pledges $500K Gift, Helps Xavier University Raise Over $2 Million at Centennial Gala

They celebrated one hundred years of Black excellence! At Xavier University of Louisiana’s Centennial Gala, held May 9th, basketball icon turned business mogul Magic Johnson pledged $500,000 to the nation’s only historically Black and Catholic university, Black Enterprise reports. His powerful gesture helped the school surpass $2 million in total funds raised, all earmarked for […]

Magic Johnson Makes History as Fourth Athlete to Become a Billionaire

Magic Johnson is now a billionaire, according to Forbes! The former Lakers star became the fourth athlete to earn billionaire status after Michael Jordan, LeBron James, and Tiger Woods. Forbes estimates Johnson’s net worth to be $1.2 billion. After being the first overall pick in the 1979 NBA Draft, he went on to have one of […]

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