Diddy announces to the world that he has become Hip Hop’s first official billionaire.
“I started out as a young boy from Harlem, that couldn’t even be a waiter. They didn’t want me to be a waiter. So you know what I did? I became a billionaire!” #ForMotivationalUseOnly
An African Billionaire under 40..now that is a reality show I would be interested in watching. This young man is set to acquire a key asset from Shell and boost his financial portfolio by a few billy…while you was talkin bout Ebola.
Lebron has some stiff competition in his road to being the first billionaire athlete after Forbes reported that global superstar Michael Jordan has now reached the billionaire boys club and his now former his teammate Shaquille O’ Neal is on pace as well.
Forbes makes its case as to why Michael Jordan has now become a billionaire.
Hip Hop’s first billionaire Dr. Dre celebrates with actor/musician Tyrese on his impending deal with Apple to sell his Beats Electronic company for $3.2 billion according to reports.
Do you think he has a point? Kinda hard to believe if you are struggling to paid the bills every month.
But wealth above a certain level really is just, it’s a responsibility that then you’re going to have to either a) leave it to your children, which may not be good for them or b) try and be smart about giving it away. I can understand wanting to have millions of dollars. There’s certain meaningful freedom that comes with that but once you get much beyond that, I have to tell you, it’s the same hamburger. Dicks has not raised their prices enough. But you know, being ambitious is good. You just have to pick what you enjoy doing.
FULL STORY HERE…
Great story and watch the interview it may provide some inspiration and spur you to build your own empire and employ alot of great people along the way.
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This is crazy, Mexican drug kingpin Joaquin Guzman-Loera, leader of the Sinaloa Cartel made the Forbes Billionaires list, tying at #701 with a net worth of $1Billion. Im kinda surprised that forbes would even feature a drug dealer in their distiguished publication. Check out his profile:
Net Worth:$1.0 bil
Country Of Citizenship:Mexico
Mexico’s most wanted man, “El Chapo”, or Shorty, heads the Sinaloa cartel, one of the biggest suppliers of Cocaine to the U.S. In 1993 was arrested in Mexico on homicide and drug charges. Escaped from federal prison in 2001, reportedly through the laundry, and quickly regained control of his drug trafficking organization, which he still controls today. In 2008 Mexican and Colombian traffickers laundered between $18 billion and $39 billion in proceeds from wholesale shipments to the U.S. Shorty, an alleged tunnels expert, is believed to have directed anywhere from a third to half of that during the past 8 years. Apparently started out working with Miguel Angel Felix Gallardo, “El Padrino”, or the Godfather, head of the most powerful drug trafficking group in Mexico at that time. U.S. government is offering a $5 million reward for his capture.
Shout outs to the homies over at Corporate Takeover that posted this clip of Magic Johnson describing his expansive empire. By the looks of things, in a year or two Oprah Winfrey and Bob Johnson won’t be the only “black” Billionaires in America. Magic is $100 milly away from a billy thanks to a diverse portfolio that includes 6 of his signature AMC Magic Johnson theaters, 31 Burger King franchises, 12 24-Hour Fitness centers, 27 Washington Mutual Loan centers and a whopping 103 Starbucks cafes. The $900 million man throws out some gems for those on a quest for a corporate takeover.