Billionaire Robert F. Smith More than Doubles Investment in Software Maker With Sale of Apptio to IBM for $4.6B
Robert F. Smith just got a bit richer. IBM is acquiring Apptio, a FinOps (Financial Operations) firm bought by Smith and his private equity firm, […]
After Being Cursed Out By a Mother Over His Sneaker Brand Being Too Expensive, Shaq Cut Ties With Reebok
Shaquille O’Neal’s signature sneaker brand gained particular recognition through his collaboration with Reebok in 1992. This partnership resulted in a groundbreaking deal worth $40 million […]
‘It’s a Possibility for the Collection’: Rick Ross Test Rides $6M Yacht He’s Thinking to Buy
Rapper Rick Ross loves his toys and has no problem breaking the bank to make sure he has the most luxurious vehicles in hip-hop. Whether […]
California’s Reparations Task Force Calls for Apology But Leaves Monetary Compensation Decision Up to State Lawmakers
By Karen Breslau California’s reparations task force is leaving a decision on potential monetary compensation for eligible African American residents to state lawmakers. In its […]
‘Firing a Whistleblower Who Calls Out Racism’: Diddy Vows to Continue Lawsuit Against Liquor Partner Despite Being Dropped By Company
Renowned entrepreneur P. Diddy has found himself in the midst of a heated dispute with liquor giant Diageo, the parent company of Ciroc vodka and […]
‘I’ll Carry Water for Steven Spielberg’: Oprah Winfrey On How She Got Her Role in ‘The Color Purple’ That Set Her On the Path to Billions
Before Oprah Winfrey became one of the most prominent figures in the entertainment business, amassing a staggering $2.5 billion net worth, her big mainstream media […]
Report: More than Half of Millennials ‘Somewhat or Very’ Dependent on Money From Families; 70 Percent Feel Shame in Asking for Help
By Claire Ballentine Millennials and members of Gen Z are having a hard time becoming financially independent. Only 28% of millennials (ages 27 to 42) and […]
Patti LaBelle May Have Fumbled Her BET Awards Performance, But She Never Drops the Mic When It Comes to Business
Patti LaBelle’s voice first blessed the airwaves over 60 years ago, and she remains a force to be reckoned with on and off the stage. […]
Amid Online Spat With Husband Offset, Cardi B Continues to Grow Her $80 Million Fortune Without Dropping New Music
Hip-hop artist and influencer Cardi B is no stranger to mincing her words. From threatening to “dog walk” a conservative influencer to telling the stepson […]
NFL’s Highest-Paid Player Jalen Hurts Inks Multiyear Deal With Keurig Dr Pepper Inc.-Backed Energy Drink
By Kim Bhasin NFL quarterback Jalen Hurts has signed a multiyear deal with Keurig Dr Pepper Inc.-backed energy drink label A Shoc beverages as the […]
Michael Jordan’s Yacht Life. Inside the NBA Great’s Multimillion-Dollar Fleet of Yachts
Michael Jordan is enjoying smooth sailing since agreeing to sell his stake in the NBA’s Charlotte Hornets for a reported $3 billion. The former NBA […]
Indie Fashion Designer Claims Pharrell and Louis Vuitton Stole Her ‘Shopping Bag’ Concept
Producer-turned-rapper and now fashion executive Pharrell Williams has rolled into his new role at Louis Vuitton with celebration and fanfare. In February 2023, the legacy […]
A ‘Pattern and Practice of Race Discrimination’: Nearly 240 Black Workers At Tesla Join Lawsuit Claiming Racism
By Malathi Nayak A Black former assembly line staffer at Tesla Inc. is moving to add hundreds of other workers to his 2017 lawsuit in […]
Kevin Hart Is On a Mission to ‘Keep the World Laughing.’ Here’s How He Built a $650 Million Multi-Platform Media Company
Kevin Hart has well surpassed his comedic status as a man of business and a celebrity thriving in financial success. The comic has come a […]
It Didn’t All Fall Down: Kanye’s Renovations to His Childhood Home Are Complete After Years of Renovation Challenges and Setbacks
After a series of construction setbacks, Kanye West has finished renovating his childhood home in Chicago. This is a win for the producer and musician, […]
Is Social Security Going Bankrupt? Experts Weigh In
By Suzanne Woolley Social Security has long been considered the “third rail” of US politics — the implication being that if you touch the program, you’ll suffer a […]
Workers Accuse Singer-Turned-Hollywood Exec Marques Houston of Not Paying for Services on TV Show, Allegedly Owes $85K
A former child star is in grown-man legal trouble, according to a recent lawsuit. Immature (IMX) founding member Marques Houston and his longtime business associate […]
Blood Money: Rick Ross Always Believed In Involving Family In His Growth
According to one of hip-hop’s wealthiest players, Rick Ross, he has the key to financial success. Ross, whose net worth is reportedly $45 million, revealed […]