Jay-Z is gearing up to become an owner of California’s largest cannabis producer after a series of multi-million-dollar transactions. Hov’s The Parent Company — which owns hisĀ Monogram cannabis brand — made $67 million worth of transactions, including $50 million to acquire Mercer Park Brand Acquisition Corp., which is about to merge with Glass House Group
50 Cent was previously in the news as the rapper filed documents to seize Teairra Mariās assets. Now, 50 is back in the news, this time giving back, as he partnered with the Mayor of Houston to create a program set to help high school students at three schools that reportedly underperformed in the past.
While things didn’t work out between him and Jennifer Lopez, MLB legend Alex Rodriguez has other things to be happy about, including the finalization of the purchase of the Minnesota Timberwolves. According to reports, A-Rod and business partner Marc Lore have reached an agreement with now-former Timberwolves owner Glen Taylor to purchase the franchise for
Elon Musk’s appearance onĀ Saturday Night LiveĀ caused Dogecoin to experience a steep dip three days after the cryptocurrency reached an all-time high. On Saturday morning, Dogecoin was trading at around 70 cents. After the Tesla CEO’s hosting appearance, it dropped nearly 40 percent and was trading at around 44 cents by Sunday. Musk mentioned Dogecoin at
News surfaced noting another one of Westās former fashion staplesāa 1-of-1 Goyard backpack, was sold for $55,000. The rapper reportedly purchased the piece during Paris Fashion Week in 2010. The piece was reportedly put up for sale on fashion reseller Justin Reedās website. In the description, Reed gave more insight into the piece, saying, āWhile
According to reports, Jay-Z is hopping into the world of NFTs, as the mogul and his Marcy Venture Partners have joined a $19 million funding round for an NFT marketplace called Bitski. The start-up is based out of San Francisco, and the team of investors includes Roc Nation co-founder Jay Brown, Troy Carter, Ari Emanuel,
An investment firm controlled by Bill Gates, Cascade Investment LLC, transferred $1.8 billion to Melinda Gates after theyĀ announced their divorceĀ earlier this week. The two share three adult children after 27 years of marriage. A Securities and Exchange Commission filing dated May 3 revealed that Melinda Gates is now the beneficial owner of 14.1 million shares
According to reports, a Toronto-based online brokerage company backed by Drake is valued at $4 billion. The company, Wealthsimple, received roughly $610 million during its last round of funding. However, Drake isn’t the only famous Canadian investing in the company. Some of the other investors include actors Michael J. Fox, and Ryan Reynolds, in addition
Birdman made a rare appearance on the ‘Where’s Wallo?’ podcast, and talked about his life and career, along with other topics. The mogul also talked about the importance of owning your music.Ā Birdman spoke on what happened to people in the music industry that came before him. He noted that people were trying to pave the
Legendary hip-hop artist and producer DJ Quik took to social media recently to call out Death Row Records for the paltry royalty check he received. In response to the meager amount, Quik decided to burn the check and proceeded to call out the industry for not giving him credit for all the hit records he’s
