It was recently revealed that mobile payment company Square acquired a majority stake in Jay-Zâs Tidal. Along with that, LVMHâs Moet Hennessy announced a partnership with Hov, acquiring 50% of his Armand de Brignac champagne in the past month. Now, reports surfaced noting that because of those moves, the rapperâs net worth has jumped up
Eddie Griffin on Updates With Bitcoin & Why Ethereum’s Price Dropped 50%
Eddie Griffin touches on what Bitcoin was actually used for in its beginning stages and what actually drove Ethereum to drop almost 50% in 24 hours!
Jay Z’s Monogram Launches Campaign Calling Out National Drug Policy
Jay-Zâs move into the cannabis world came in the form of his Monogram brand, which finds him partnering with California-based company Caliva. Now, Monogram has reportedly launched a campaign that calls out the hypocritical regulations related to marijuana in the United States. Jay-Z issued a statement on the matter, saying, âCannabis laws are out of
Forbes Estimates Jay-Z’s Earnings From Ace Of Spades Deal with LVMH
Jay-Z’s deal with LVMH’s MoĂ«t Hennessy has turned out to be a lucrative decision for the Hip Hop mogul. According to Forbes, the rapper’s decision to sell 50% of his Ace Of Spades champagne brand, also known as Armand de Brignac, netted him a minimum of $300 million. The financial magazine valued the deal at $630 million
MoĂ«t Hennessy Acquires 50% Stake in Jay-Z’s Ace Of Spades Champagne
MoĂ«t Hennessy, the wine and spirits division of luxury conglomerate LVMH, the largest producer of champagne in the world, announced the purchase of a 50% stake in Jay-Zâs champagne brand, Armand de Brignac. The brand is also known by the nickname “Ace of Spades.” Jay-Z appeared on CNBCâs “Squawk Box” to speak about the deal on
Central banks want to launch digital currencies
Interest in bitcoin and other cryptocurrencies may be surging, but central banks donât want to be left behind by financial innovation. In fact, more than 80% are examining how to launch digital versions of their own currencies. CNBCâs Joumanna Bercetche takes a look at why these cautious institutions may soon be launching a revolution in
Rihanna’s ‘Savage x Fenty’ Brand Reportedly Valued at $1 Billion
Rihanna has fans of her music hanging for quite some time with her most recent full-length project releasing a few years ago. However, it appears it was for good reason as Rih shifted focus from music onto her makeup and lingerie empire. That’s probably the proper descriptor considering that Savage x Fenty is reportedly worth
Youtubers “Dumb Money Crew” Discuss Zoa, the Rockâs new energy drink
ZOA is the world’s first and only healthy energy drink that contains our unique combination of 100% vitamin C, 100% vitamins B3, B5, B6, and B12, and vitamin D, along with other vital ingredients. Dwayne âThe Rockâ Johnson took to his Instagram account to announce the launch of his latest venture â his own energy drink called ZOA. The Dumb Money crew
Ice Cube Announces Launch of “Fryday Kush” Cannabis Brand
Many states have been making the push to legalize marijuana, and rappers like Jay Z have been jumping into the cannabis world with his Monogram brand. Now, Ice Cube has revealed his jump into the weed world with his âFryday Kushâ brand. Reports note that Ice Cubeâs brand is no random jump, as the rapper
Quaker Oats Unveils New Aunt Jemima Replacement Name and Logo
Quaker Oats unveiled their new name and logo to replace the Aunt Jemima brand that was retired after widely being criticized for furthering racist stereotypes. The company’s owner chose the name after “Old Aunt Jemima,” an 1875 minstrel show song performed by people in blackface.  The pancake mix and syrup was renamed “Pearl Milling Company,” which PepsiCo