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deGregory: At Morehouse College, black billionaire Robert F. Smith’s approximately $40 million gift to graduates ‘makes it rain’

In the Blackest of all stage acts, Black billionaire Robert F. Smith—the founder of the private equity firm Vista Equity Partners—made it rain on Morehouse College’s class of 2019 during his commencement address on Sunday. Smith’s approximately $40 million pledge was made to “his” Morehouse class of 396 men, through the repayment of educational loans. […]

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