Bad news continues to roll out from the mortgage industry as major players in the financial industry and government officials attempt to salvage what remains and prevent homeowners nationwide from going to the poorhouse.
As Jay-Z made a toast next to his co-host, LeBron James, at a VIP dinner during All-Star weekend, he spoke of branding, about a new world order of celebrity businessmen.
Oprah Winfrey tops a Forbes' Celebrity 100 Power list that ranks the highest paid celebrities in the U.S. The talk show host, whose overall net worth is $2.5 billion, pocketed $260 million between June 2006 and June 2007, according to the financial publication.
From BlackTalentNews.com
Her revenues come from a number of successful enterprises, including her daytime talk show, magazine, satellite radio channel, Broadway show and newly-announced cable network slated to debut late next year. Although she earned a huge chunk of money - $260 million for the year, making her the strongest earner - income alone wasn't enough to place well. Other factors such as influence, annual earnings, internet hits, and television and magazine cover appearances factored into placement on the Power list. Last year Winfrey placed second behind actor Tom Cruise.
The top ten African American celebrities on the Forbes list are:
1. Oprah Winfrey - $260M
2. Tiger Woods - $100M
3. Jay Z - $83M
4. 50 Cent - $33M
5. Kobe Bryant - $33M
6. Shaquille O'Neil - $32M
7. Michael Jordan - $31M
8. Will Smith $31M
9. Beyonce - $27M
10. Lebron James - $27M
Recognizing the growing popularity and influence of the hip-hop community, Forbes opened a new category of earners called "Hip-Hop Impresarios," who it said are "businessmen who continue to expand their brands and influence outside of music alone." The list included Jay-Z (ninth overall, $83 million), 50 Cent (32nd overall, $33 million) and Sean (Diddy) Combs (43rd overall, $23 million).
Federal authorities are looking into reports that a man arrested with rifles, ammunition and drugs in his truck may have made threats against Barack Obama, officials said Monday.
WASHINGTON - Imagine, for just a minute, the pain of America's first black president. Not Barack Obama — Bill Clinton. That's about the only explanation for Clinton's lack of brotherly behavior lately: He's in pain.
You have a year to give a wedding gift or return shoes to Zappos.com, 90 days to pick up dry cleaning, and a week to return a DVD. But how long does a new mother get to lose the baby weight before people start, you know, talking?
A childhood friend of the alleged victim in the R. Kelly child pornography case testified Wednesday that she recognizes her longtime friend as the one in the explicit video at the center of the trial.
With Sen. Barack Obama poised to make history as the first African-American presidential nominee of a major political party, BET and TV One will significantly step up their coverage of the Democratic National Convention in August.
RICHMOND, Va. (Dec. 10) - Michael Vick was sentenced to 23 months in prison Monday for his role in a dogfighting conspiracy that involved gambling and killing pit bulls.
The brothers' lives were charmed. Their plummet from grace was a free fall. In 2004, the United States government began equating the brothers with street-corner drug dealers...
Though you may now deny it, back around 1983, more than a few of us wore our sequined gloves with unabashed pride. December 1, 2007 will mark 25 years to the day that Michael Jackson released...
The brothers' lives were charmed. Their plummet from grace was a free fall. In 2004, the United States government began equating the brothers with street-corner drug dealers...
The survey, conducted every year since 1932, asks movie exhibitors to vote for the 10 stars who generated the most box-office revenue for their theaters.