Sean “Diddy” Combs ranks No. 1 on this year’s Forbes Five list of hip-hop’s wealthiest artists with an estimated fortune of $700 million, an increase of $120 million over his net worth last year. The change comes largely from the addition of Revolt TV—the new, music-focused, multi-platform channel of which he’s the majority owner—to his already-hefty portfolio. “Right now my focus is Revolt and making it the number one, most-trusted, most credible worldwide brand for music,” he told FORBES in a recent interview. “And to get Revolt to be the quintessential definition of real time. I think that’s the future.”
Diddy is also set to give this year’s commencement speech at Howard University, his alma mater (although he eventually dropped out). Diddy will also receive an honorary degree for being a trailblazer in his field. Last year, after he donated $250,000 to The Network for Teaching Entrepreneurship, he told the aspiring, young business owners:
I understood that it was being an entrepreneur, I understood that that was my career path. Being an entrepreneur means freedom, it means independence. It means being invested and believing in myself.[…]I did the research and did the work to make sure that I was a master in whatever category I went into, too. If I went into apparel, I wanted to know everything about that. I went into spirits, so I knew everything about that. I’m starting Revolt, and I’m still learning on that one. [Laughs] But it’s about starting a brand, which I’m a specialist at.
I think it’s easier now [to start a company]. Over the years, entrepreneurs — people take it as a serious career and respect entrepreneurs, because they’re risk takers. Now people celebrate entrepreneurship.
Before, it was just, ‘That guy’s crazy! He needs to get a real job!’
Finally last year’s worst kept secret is out. Ciara is pregnant with rapper, Future’s baby! She stopped by The View earlier this week to formally announce the good news. When my time comes, I can only hope that pregnancy looks half as good on me as it does on Cici! We really have to hand it to her. Most women would have a difficult time having a baby with a man who already has three children from three different women, but the singer is actually handling the complicated terrain with grace. Future’s first child — a son, now 11 years old — was mothered by Jessica Smith, who recently demanded more child support from the rapper. Future has also reportedly fathered children with two other women named Brittni Mealy and India J. Ciara has actually reached out to — and met up with — Brittni and India.
After confirming her pregnancy on The View, she made her way over to Huffington Post Live where she sat down for a one-on-one chat with social commentator Marc Lamont Hill. The mommy-to-be was glowing with positivity as she dished on her new pregnancy and the baby’s gender. She also dished on bonding with the monthers of Future’s kids, finding love and her maternity style.
On her pregnancy: It really is a blessing. It’s the most exciting time in my life. I’m really excited, like a little kid. You know when the kids are getting ready for Christmas and you can’t wait to see what’s under the tree? (more…)
For a little January inspiration, let’s take a look at Forbes’ Most Powerful Female Entrepreneurs List released last year. Although I’m a bit disappointed that not a single African woman made the list, I’m still happy that women worldwide are shaking things up in this male dominated world. According to Forbes, 2014 will be a breakout year for women entrepreneurs (and they list 11 reasons why). The number of $10-million-plus women-owned firms increased by 57% — a growth rate nearly 50% more than $10-million-plus firms overall.
On the list was Sara Blakely, (pictured above), the founder of SPANX. At 29 Blakely invested her entire life savings, $5,000, trying to come up with something flattering to wear under her white slacks. Six months later the one-time Disney World ride greeter and door-to-door fax machine salesperson found her new line of shaping underwear named one of Oprah Winfrey’s Favorite Things. Since then Blakely has taken Spanx from a one-product wonder sold out of her Atlanta apartment to a powerhouse with $250 million in annual revenues and net profit margins estimated at 20%. (more…)
2012 has began in a big way for Brit actor Idris Elba. With rumours that his hit show Luther may be headed to the big screen, Idris has now signed on to play the role of Nelson Mandela, in an official biographical film about the iconic South African human rights leader. The film will be based on the book Long Walk to Freedom, penned by Mandela himself, and will begin filming later this year.
Doing the press rounds for “Ghost Rider: Spirit Of Vengeance,” Idris Elba caught up with HipHollywood and revealed that later this year, he’ll start lensing on another Mandela project. “My big project this year, I’m gonna go play Nelson Mandela in ‘Long Walk To Freedom’, an autobiographical work written by Nelson Mandela himself, which highlights his early life, coming of age, education and 27 years in prison… That’s where my head is geared to this summer,” he said. Will Smith and Denzel Washington had been considered for the role, NME reports, but in the end, it appears as though the best man has won big. (more…)
Supermodel and cosmetics guru Iman has announced IMAN Cosmetics’ partnership with Mataano, the chic fashion design label with a global flavor. Mataano, founded by Somali twin sisters Ayaan and Idyl Mohallim, will debut its new partnership during their Fall 2012 runway show with IMAN as the lead sponsor. “I saw in the twins the drive and inspiration I had at that point in my life. Our shared Somali background and creative visions are a natural fit,” Iman, CEO and Founder of IMAN Cosmetics said in a press statement. “We’re confident this is just the beginning of a successful and thriving partnership,” Iman added. “I’m grateful to have reached a certain point in my life and career where I can inspire young, motivated women to follow their dreams, take a risk, and never accept defeat.”
As part of the new partnership, the Mataano founders will become brand ambassadors for IMAN. They will also work with the brand to assist with future global events, Fashion Week shows, a limited editorial color collection and IMAN’s Fall 2012 campaign.
“It’s an honor to represent and have the support of a makeup giant like IMAN Cosmetics,” Idyl Mohallim said in a statement. “IMAN Cosmetics is about providing options for all different shades of skin and acknowledging and addressing variety in beauty and cosmetics.” Her sister, Ayaan, also stressed the importance of ensuring that their runway models represent the diversity of Mataano’s brands and that the support of IMAN would assist in completing that look.
Originally from Somalia, Ayaan and Idyl relocated to Washington D.C. with their family for a better life. (more…)
I knew I was going to have to write this but had no idea how I would begin. I guess I should just start with the fact that the legendary Whitney Houston is dead. She is gone and I, for one, am already missing her terribly. I never ever stopped rooting for Whitney, even when it seemed she was down and out. I was one of the happiest people for her when she made her come-back, and I honestly believed that she would scale even greater heights. So when my husband woke me up on Sunday morning to tell me she was gone, I cried. I cried because of the wasted potential and talent she still had to share with us, with me…
Whitney passed away on Saturday 11/02/2012 at The Beverly Hilton Hotel. Police say there were no obvious signs of foul play. Whitney was found just before 4pm PST by a bodyguard in the bathtub of her suite at The Beverly Hilton Hotel. Police found bottles of prescription pills in her room, including Xanax. According to reports, Whitney always took Xanax for anxiety before big shows to relax (if taken with alcohol it can cause sedation). At the time, her stylist, hairdresser and two bodyguards were in her room and became worried after she was in the bathroom for over an hour. Her hairdresser went to check on her (more…)
How excited am I? Finally we’ll get to know the story behind the story of TLC! Man, I loved this group. They almost had me going to school with condoms plastered all over my uniform! During a recent interview with LSO radio, Tionne “T-Boz” Watkins revealed VH1’s plans to do a biopic on the legendary girl group.
Yes… TLC is doing a movie. They’re starting to do movies on VH1. So they’re doing icons and legends and we’re the first of the movies to be picked. Yaaaay!
It’s exciting. It’s like Waterfalls being made, it’s scary. Like ‘Oh My God.. if I tell you my story are you gonna do it right?’
I almost wanted to do it like The Jacksons’… break it down into like 5 episodes or something cause we have so much stuff….
According to Rodney Ho of the AJC, it was Rozonda “Chilli” Thomas’ ties to VH1 through her now defunct, “What Chilli Wants” dating reality show that opened the door for TLC’s story to be told. VH1 has also confirmed that they will be doing a scripted biopic about the Atlanta-based girl group: (more…)