Usain Bolt Road to Riches

Usain Bolt

Jamaican sprinter Usain Bolt (Net worth: US$ 6 million 2011), widely regarded as the fastest person ever.  He is the first man to hold both the 100 metres and 200 metres world records. Along with his teammates, he...[more]


Jay-Z Rewrites Celebrity Investors’ Playbook

Barclays Center arena

When the developer Bruce Ratner set out to buy the New Jersey Nets and build an arena for them in Brooklyn, he recruited Jay-Z, the hip-hop superstar who grew up in public housing a couple of miles from the site, to join his...[more]

Category: Shawn "Jay Z" Carter


Oprah Only Black On 400 Richest American List 2011

Forbes magazine has released it's annual ranking of America's 400 richest people. This years list are worth a combined $1.53 trillion, nearly equivalent to the GDP of our Canada. Their total wealth is up 12% in the year...[more]

Category: Oprah Winfrey, Sean "P. Diddy" Combs, Bill Gates, Warren Buffett, Mark Zuckerberg, Current Billionaire, Feature


Mayweather's $40 Million Fight Night

On Saturday night, Floyd Mayweather Jr. will make tens of millions of dollars for an hour’s worth of work, if that. He will be paid for what happens inside the ring and outside it, paid far more than any other boxer fighting...[more]

Category: Floyd Mayweather Jr., Entrepreneurship, Feature


Sylvia Rhone Departs as Head of Universal Motown

The management shake-up at Universal Music Group continues as Sylvia Rhone, a lieutenant of the company’s former chairman and one of the most prominent women in the music business, steps down as president of Universal Motown,...[more]

Category: Sylvia M. Rhone, Feature


LeBron James In Deal For Minority Ownership In Liverpool FC

LeBron James has signed a marketing deal with Fenway Sports Group, the owners of the Boston Red Sox and Liverpool FC.  James and business partner Maverick Carter will joining forces with renowned hedge-fund...[more]

Category: LeBron James, Feature


Jay-Z Launches New Lifestyle Site

Shawn Carter aka Jay-Z, continues the expansion of his empire with the launch of Life and Times, a new lifestyle website based on Mr. Carters interest. Staffed by a small team working with Mr. Carter, the site covers everything...[more]

Category: Shawn "Jay Z" Carter, Feature


Black Billionaires 2011

Dr. Mike Adenuga

Forbes magazine has released it's annual ranking for 2011 of the worlds richest people. This year there are 1210 billionaires in the world up from 1011 a year ago. The 2011 Billionaires List breaks two records: total number of...[more]

Category: Billionaire, Former Billionaire, Current Billionaire, News, Aliko Dangote, Bill Gates, Dr. Mike Adenuga, Mohammed Al Amoudi, Mohammed Ibrahim, Oprah Winfrey


Robert L. Johnson's RLJ Lodging Trust Files for IPO

RLJ Lodging Trust, a company newly formed by Robert L. Johnson's RLJ Development LLC, filed for an IPO as a publicly traded REIT. RLJ will consist of the hotel investments of RLJ Development and two of its private equity real...[more]

Category: Robert L. Johnson, RLJ Development LLC


Johnson wheels and deals to fulfill ambitions for RLJ

Anyone keeping track of Robert L. Johnson, chairman and chief executive of Bethesda-based RLJ Cos., probably noticed the batch of deals he has closed in the past four months: a couple of hotels, a few equity ventures. Before the...[more]

Category: Robert L. Johnson, Feature


How to Increase Your Business' Financial Success

Not all small businesses are destined to stay small forever. Some will evolve into bigger entities through mergers and acquisitions. Business Insider's Shira Levine, spoke with David Gomberg, president and publisher of New...[more]

Category: Entrepreneurship

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