Jay-z opens Las vegas 40/40 club without a hitch

Despite rumors, Jay-Z’s 24,000 square foot multi level 40/40 club opened without a hitch and treated it’s patrons to not only a grand opening but also a 23rd birthday party for basketball star LeBron James.
The press release describing what to expect:
“The 40/40 Club, named after one of sport’s most prestigious achievements — 40 home [...]

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Reallionare releases new book

Self-made millionaire Dr. Farrah Gray, released a new book entitled: Get Real, Get Rich: Conquer the 7 Lies Blocking You from Success. We haven’t had a chance to read it yet, but judging by his last book, Reallionaire: Nine Steps to Becoming Rich from the Inside Out, we reckon it should be on every aspiring [...]

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Muhammad Ali Enterprises announces New Card Line agreement

Muhammad Ali Enterprises L.L.C. and American Greetings Corp. are hoping to carve out a niche in the crowded greeting card market.
American Greetings Corporation today announced a licensing agreement with Muhammad Ali Enterprises LLC that will bring the images and famous quotes of legendary boxer and social activist Muhammad Ali to the greeting card aisle. [...]

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RLJ Companies to build Four-Star Hotel in Liberia

Robert L. Johnson, has reached an agreement with the Government of Liberia to build a villa style, four star hotel in Monrovia. Officials of RLJ said the hotel will be built on an ocean front property and is scheduled to open in February 2009.
The hotel would provide a conducive environment for Liberians and other residents [...]

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Peebles Corp’s $2.5 billion Vegas Hotel

Las Palmas, located just a half mile from the strip is set to be the first African American-owned and largest non-gaming Las Vegas hotel. The Peebles Corp has received initial planning approval from Clark County for the 13-acre complex and its first tower is expected to open in 2010.
The 4.5 million square-foot project will consist [...]

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Reginald Lewis’ legacy still strong

Last Friday (7 December) would have been Reginald F Lewis’ 65th birthday. He was the first African American to own a company with more than $1 billion in annual sales.
His first major deal was the purchase of the McCall Pattern Company, a home sewing pattern business for $22.5 million. His second and most notable was [...]

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Amosu Luxury phones launches Diamond encrusted Bluetooth headset

Luxury mobile manufacturer, Alexander Amosu has teamed up with Motorola to produce the Diamond MOTOPURE H12 – the first gold and diamond Bluetooth headset. It is made from 18k gold and over 180 brilliant cut diamonds, adding up to a respectable 3.47 carats.
It’s limited edition, with jonly 100 will being available. It comes in two [...]

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Jay-Z Closes $66 Million New York Real Estate Deal

According to sources, Jay-Z teamed up with a group of partners to finalize a $66 million deal for a piece of prime real estate in New York’s trendy Chelsea neighborhood, where they are considering building an upscale five-star 150,000-sf luxury hotel, the ‘J Hotel’. The hotel will be the flagship for his new hospitality brand, [...]

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Diddy featuring In CNBC’s New American Business Campaign

Definitely a good look Puffy, i mean Diddy.

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Magic Johnson to develop Eco-Friendly High-Rise

Basketball legend and business mogul Earvin “Magic” Johnson’s Canyon-Johnson Urban Funds has teamed up with real estate developers to invest in a $65 million eco-friendly high-rise development in the heart of Nashville, Tennessee.

The Canyon-Johnson Urban Funds:
The Canyon-Johnson Urban Funds is a joint venture between Canyon Capital Realty Advisors and Earvin “Magic” Johnson. With [...]

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