money
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The Washington Post reports that the Pentagon frivolously spent most of the $1 billion given to it by Congress on jet engine parts and body armor, even though the money was meant to address the need for medical supplies in wake of the COVID-19 pandemic. The Defense Department was supplied with the large sum of taxpayer money through […]
Dr. Dre‘s divorce is getting messier and messier. According to TMZ, the hip-hop mogul’s estranged wife has filed a lawsuit accusing him of hiding valuable assets. Nicole Young claims Dre had secretly transferred trademarks to his name and The Chronic to a solely owned holding company, thus denying her ownership of, what she calls, joint property. Young […]
A plastic prop worn by the Notorious B.I.G. has sold for nearly half a million dollars. On Tuesday, Sotheby’s conducted its first-ever auction dedicated to coveted hip-hop items. The most anticipated lot of the night was the crown Biggie wore in the 1997 “King of New York” photograph shot by Barron Claiborne. The piece was predicted to fetch around $300,000, but ultimately […]
A lock of Abraham Lincoln’s hair along with a blood-stained telegram from his 1865 assassination have both just sold for $81,000 during the last day of a Boston auction on Saturday. According to NY Daily News, the 2-inch lock of hair was taken from a postmortem examination of Lincoln that took place in 1865 after he was assassinated by John Wilkes […]
Deadline reports Netflix has acquired the worldwide rights to Malcolm & Marie, the Sam Levinson-directed romantic drama starring Zendaya and John David Washington. The deal is rumored to be nearly $30 million. Zendaya got the ball rolling on Malcolm & Marie after receiving word that production on Euphoria had to be shut down due to […]
Despite stumbling out of the blocks in the United States, Christopher Nolan‘s Tenet has soared globally. Per Deadline, Tenet has grossed $29.5 million to date domestically but has pulled in more than $200 million globally. Tenet‘s struggle at the domestic box office speaks to the way the pandemic has impacted the movie industry in the United States. Over three days over […]
Alicia Keys has joined forces with the NFL to launch a $1 billion endowment fund focused on supporting Black-owned businesses and communities, Billboard reports. Their partnership coincides with the announcement that Keys would be performing at the NFL’s Kickoff event for the 2020 season. Keys told Billboard she wanted to build off these last few months […]
David Klein, the businessman behind Jelly Belly’s version of jelly beans, appears to be tapping into his inner-Willy Wonka before calling it a career. That can mean one of two things (well, probably a lot more). Either he’s enslaved a group of little people, dyed them orange, and taught them how to sing, or he’s running […]
Beyoncé announced through her BeyGOOD foundation Wednesday that she will be donating $1 million in additional funds to help Black-owned small businesses. BeyGOOD teamed up with the NAACP in July to launch the Black-Owned Small Business Impact Fund, which aims to “help strengthen small businesses and ensure economic empowerment for Black businesses” by providing a number of $10,000 grants to businesses, […]
According to Forbes, Tyler Perry is officially a billionaire. The details of his success are written about in a long-form article entitled From “Poor As Hell” to Billionaire: How Tyler Perry Changed Show Business Forever. If you don’t have the time, the name of that write-up should be enough to support our opening sentence. For those who […]
