Nearly half of Prince’s estate is now owned by Primary Wave after three of the music artist’s six heirs sold their interest to the New York music company. Primary Wave, which owns catalogs of legendary acts ranging from Ray Charles to Nirvana, has bought 100% Omarr Baker’s inheritance, 90% of Tyka Nelson’s stake, and 100%
DJ Envy talks getting into real estate and why more Black people should to build generational wealth
On this special “REVOLT BLACK NEWS” segment, Power 105.1’s own DJ Envy opens up about his reason for getting into the lucrative real estate industry to build generational wealth and why more Black people should, as well.
Bun B to Launch ‘Trill Burgers’ Restaurant in Houston
Bun B’s dive into food and drink has been successful so far, as the legendary rapper previously launched his own beer called “Brew GK.” Now, Bun has revealed that he is launching a restaurant called Trill Burgers in Houston. Bun revealed the news via Instagram, saying, “For years I’ve been fascinated with the culinary scene, trying to
Father & Son Sentenced, Ordered to Pay $10M Over Fake Supreme Stores
A father-son pair were sentenced to jail time and ordered to pay $10.4 million in damages after using first-to-file trademark loopholes in various countries to open fake Supreme stores and sell their “legal fakes.” Michele Di Pierro and his son, Marcello, used their British holding company, International Brand Firm Ltd. (IBF), to file “Supreme” trademark
PayPal Co-Founder Used Roth IRA Account to Turn $2,000 into $5 Billion
A new ProPublica feature broke down how PayPal co-founder Peter Thiel was able to amass $5 billion in savings from an account that was worth less than $2,000 20 years prior. According to IRS data, Thiel’s Roth Individual Retirement Account (IRA) was worth less than $2,000 in 1999. After only three years, the account was worth more
South African Brothers Disappear with $3.6B in Alleged Bitcoin Heist
Two brothers from South Africa are suspects in an alleged Bitcoin heist. Ameer and Raees Cajee allegedly used their crypto investment service, Africrypt, originally launched in 2019, to make off with $3.6 billion worth in Bitcoin. Reports say Ameer reached out to investors back in April, alerting them of an apparent breach. However, Ameer implored
New 2 Pac “Pride Month Collection” Merchandise Released
2 Pac’s legacy is a complex and storied one, as the prolific rapper and activist made it a point to speak on injustices against Black people, poor people, and everyone in between who faced some form of hardship or discrimination. Now, the official shop for the late rapper has revealed a new “Pride Collection,” which
Jay-Z to Speak With Wall Street Execs at Robin Hood Investors Conference
Jay-Z’s business endeavours have been just as prominent as his career in rap, with the Brooklyn mogul’s Marcy Venture Partners hopping into the NFT world by joining a $19 million funding round for a new NFT platform. Now, it has been revealed that Jay-Z will be speaking with Wall Street executives during the Robin Hood
Apple Reportedly Tried Purchasing ‘Verzuz’ Before Triller Deal
According to reports, Apple had serious interest in acquiring the Verzuz battle series before a deal was eventually struck with the Triller network. Sources close to the situation tell Bloomberg that a bidding war ensued over the series but did not disclose the amount of Apple’s offer. Verzuz and Apple Music came to an agreement where the battles
TikTok Boss Worth $36B Steps Down: I Lack Some Skills to Be an Ideal Manager
Zhang Yiming, the CEO of Bytedance, TikTok’s parent company, is stepping down from his role as leader of the company. In an open letter, Yiming, 38, explained that his lack of social skills makes him fall short of being an ideal manager for the company. He added that his college roommate and current human resources