In a new cover story for Us Weekly, the rapper and entertainment mogul confirmed that although he’s on the verge of becoming a billionaire, he’s in no rush to get there.  50 Cent also shared that he doesn’t want the problems that come with being a billionaire. “The IRS might suddenly decide they want 58 percent
Martin Shkreli addressed the popular conspiracy theory that pharmaceutical companies withhold cures to profit from ongoing treatments. The infamous investor and businessman described growing up in Brooklyn with his parents, who were Albanian immigrants. He talked about his early passion for finance, which led him to join hedge fund Cramer Berkowitz shortly after college. During
Kendrick Lamar, pgLang and Free Lunch made a significant philanthropic gesture by donating $200,000 to 20 Los Angeles charities and community initiatives. The sizable donation aims to support several local initiatives focused on youth empowerment, education and community development. Their contribution is a testament to Kendrick Lamar’s ongoing dedication to fostering positive change in Los
Shreveport is home to the entertainment mogul’s G-Unit Studios, where 50 Cent will expand his film and television empire. Since last month, 50 Cent has reportedly spent $2.4 million on his Shreveport properties. Among the various buildings and vacant lots is 301 Spring Street, which he paid over $1 million. G-Unit Studios is set to spark more investment in Shreveport, bring
Martin Shkreli shared insights about his controversial purchase of an unreleased Wu-Tang Clan album for $1.5 million. Shkreli highlighted his admiration for Dave Chappelle and how Wu-Tang’s references in Chappelle’s Show contributed to his decision. Despite not being a hardcore Wu-Tang fan originally, Shkreli saw the album as a cultural investment rather than a luxury
Martin Shkreli delved into the evolution of hedge funds, highlighting how they morphed from maverick investment vehicles in the 90s, often marred by shady practices, into sophisticated financial entities today. Initially characterized by aggressive strategies and insider trading, hedge funds began to emulate mutual funds as regulations tightened. Shkreli noted that modern hedge funds are
50 Cent’s social media accounts and website were hacked by a crypto scammer this past week, with the culprit reportedly making $300 million in profits as a result of the “pump-and-dump” scheme. A hacker used 50 Cent’s Twitter account to pull off a cryptocurrency scam. The rapper/television producer informed fans he wasn’t responsible for posts promoting
Martin Shkreli, the controversial figure known for his role in the pharmaceutical industry, shed light on his early life, education, and the mechanics of hedge funds. Born to Albanian immigrants in Brooklyn, Shkreli grew up in a working-class environment. Despite a challenging upbringing, he excelled academically but eventually dropped out of high school to pursue
Real estate mogul Grant Cardone shared the intriguing story of acquiring his stunning $40 million Malibu mansion, located on Billionaire’s Beach. Cardone revealed that he purchased the sprawling 10,000-square-foot property, complete with seven bedrooms and six baths, from a Russian oligarch just before the start of the Ukraine war. Despite the home not being officially
A startup company called JKBX, pronounced “jukebox,” is allowing consumers to buy shares in dozens of songs from big artists, including BeyoncĂ©, Stevie Wonder, Taylor Swift, U2, and Adele. JXBX opened its new marketplace last week after the Securities and Exchange Commission signed off on its first offering. Some of the songs include the BeyoncĂ©
