All Articles Tagged "Diddy"
Forbes‘ Top 5 Wealthiest Hip-Hop Artists list has remained unchanged for three years — until now! Jay Z can no longer claim his throne as the second-richest rap mogul in America. And while Diddy (unsurprisingly) tops the list again, he’s about $120 million richer this time around!
Diddy can now boast to being worth a whopping $700 million — a sweet upgrade from last year’s $580 million, thanks to a majority equity stake in Revolt TV, a new channel focused on up-and-coming music aficionados.
“Right now my focus is Revolt and making it the number one, most-trusted, most credible worldwide brand for music,” he recently told Forbes in an interview. “And to get Revolt to be the quintessential definition of real time. I think that’s the future.”
Diddy is closer to becoming a billionaire than ever! At $700 million, Ciroc Obama — as he once dubbed himself — damn near can’t be surpassed.
Jay Z and Dr. Dre, however, have been neck-and-neck for years with Hov having the slight advantage. But this time, the Beats headphone tycoon penned a deal with Carlyle for a cool $500 million — “Beats’ value is soaring toward $2 billion,” Forbes adds. Dr. Dre pushed Jay Z out the way and secured second place with a net worth of $550; he was at $350 million just last year!
Jay Z falls down to third place with a net worth of $520 million, a step up from 2013′s $475 million. Much of Jay Z’s recent growth comes from Roc Nation, the sports management agency that the Holy Grail rapper added to his record label.
Birdman, founder of Cash Money, has seen a slight jump in his net worth — $150 million to $160 million in one year. The record label includes hip hop’s most lucrative artists such as Drake, Nicki Minaj, and Lil Wayne. “Diversification is on the way with Cash Money Content, a YMCMB clothing line and GT Vodka,” Forbes adds.
Curtis “50 Cent” Jackson saw his net worth increase by $15 million. Currently worth $140 million, the laid-back rapper owes his fortunes to his VitaminWater venture.
The Forbes‘ Top 5 list hasn’t seen new rappers on the list since 2010 — Jay Z and Diddy was No.1 and No.2 respectively, but Akon and Lil Wayne followed with Dr. Dre in fifth place.
And if you want to learn more about how Hov made it to the top of this list, check out the latest Moguldom Studios documentary.
From Black Voices
Entertainer and entrepreneur Sean Combs will deliver Howard University’s commencement speech this year in Washington.
The school announced Tuesday that Combs will be among five people who will receive honorary degrees as trailblazers in their fields.
Combs was a Howard student in the late 1980s. He will receive an honorary doctorate in the humanities. He went on to create his Puff Daddy persona and built his own business and brand. Last year he launched an all-music TV channel, Revolt, aiming to create the ESPN of music. It airs in about 20 million U.S. homes.
Read more about Sean Combs’ commencement address at BlackVoices.com
Next month, Sean “Puff Daddy” Combs will be delivering a speech to Howard University seniors Diddy-bopping their way out of college, Complex reports. And Black Twitter seems to be quite pleased with this year’s selection!
“Diddy’s net worth is greater than Howard’s Endowment. Just to give some context,” one Twitter user said. “Diddy is the speaker at Howard’s graduation this year. that’s pretty cool,” another posted. But as expected, there will always be a handful of critics. A few are just a bit unimpressed with Diddy’s educational background — or lack there of:
“Diddy is gonna make the commencement speech at Howard but what is he gonna say. ‘Well I dropped outta here & got rich but good luck,’” Alex Newell tweeted.
“Lmao why is Diddy Howard’s commencement speaker? He didn’t even graduate from college,” Lindsey posted.
Combs did in fact attend Howard University as a business major, but he barely completed a semester before dropping out in 1989. The ambitious young Diddy went on to intern at Uptown Records in New York City. Fast forward to the present — and well — let’s just say it was well-worth skipping the four-year college track.
Perhaps Combs, now worth $580 million, learned more about business and entrepreneurship on-the-job, in the real world, than he ever would at Howard.
“He sat in classrooms where our students sit, walked ‘The Yard,’ and like many students, his entrepreneurial spirit was sparked at Howard. We know he will inspire our class to work hard and to always strive for excellence,” interim President Wayne A.I. Frederick said of Combs. ”We are honored to have Mr. Combs serve as our speaker,” Frederick added in a press statement.
The man of many names will be receiving an honorary doctorate in humanities. Other special guests receiving honorary doctorates include CNN’s Wolf Blitzer, transplant surgeon Clive Callendar, jazz musician Benny Golson, and PepsiCo’s CEO Indra Nooyi.
A few other HBCUs have announced their commencement speakers for Spring of 2014 as well:
Xavier University of Louisiana – Blair Underwood, actor, producer, and writer.
Morehouse College – Jeh Johnson, U.S. Secretary of Homeland Security
Tuskegee University - Lt. Gen. Thomas P. Bostick, the 53rd U.S. Army Chief of Engineers and Commanding General of the U.S. Army Corps of Engineers
Claflin University – Dr. Charles Ogletree, prominent law professor at Harvard, mentor to President Obama
North Carolina A&T State University - Bill Haslam, the 49th Governor of the State of Tennessee
Speakers for other HBCUs such as like Spelman, FAMU, Fisk University, Dillard University, and Clark Atlanta University are TBA.
When he’s not dishing on his past relationships with famous women, 50 Cent is of course throwing shots at other people in hip-hop. Hey, he’s been doing it since the day he came out, no surprise there. But in a recent interview with The Breakfast Club, Fiddy decided to call out Diddy–excuse me, Puff Daddy, saying that the successful businessman and Bad Boy head curses the careers of the artists he signs.
“When he came out with the “Angels” record, I said ‘Naw man, that’s wack. You gotta stand next to something.’ And he knew exactly what I meant, cause he’s been standing next to something his entire career. He stood next to Biggie. He stood next to Mase. He stood next to Joc. Look, Puffy might be the destination for anybody going nowhere. Nobody survived him. Look at it.”
We’ve all heard this over the years, and it might not only be the case for Puffy and Bad Boy but many music groups put together over the years (how many Roc Nation artists aside from J.Cole and managed ones like Rihanna are really getting shine and support right now?). Some say that Puffy is currently ‘standing next to Rick Ross,’ while his current roster at Bad Boy (including MGK, Red Café and of course, French Montana) does so-so out here or sits on the bench waiting for a shot to put out an album.
Fiddy also pulled a Lord Jamar in the same interview and explained why he doesn’t fit in with today’s rappers, many of whom having an affinity for tight pants and dresses in his opinion:
“I ain’t with it. I asked it on a mix tape. Ni**as wear skinny jeans. I can’t fit in.
If you Google, ‘rapper in a dress’, do you know how many will pop? Young Thug is the one that actually said, ‘This is a dress’. The other ones will call it a kilt. What about that culture is making you choose to wear it for the evening?”
What do you think about what 50 had to say about Puff Daddy and the rest of today’s artists?
Maybe it’s too big? Or perhaps they want something new? Who knows! But for some reason or another, a slew of celebrities are currently selling their lavish homes as they eye new digs that are more befitting of their needs.
In any case, the wealthy elite can’t wait to get their hands on these luxury estates — they can easily impress their snooty rich colleagues by adding “Hey guess what? [Insert impressive name] lived here!” Let’s take a look at the lavish celebrity homes that are currently up for grabs.
In an in depth interview with Buzz Feed, our girl, Laverne Cox from one of our favorite shows, “Orange Is The New Black,” sat down and explained the bullying she experienced growing up, how she broke into the industry and being the first black trans woman to appear on reality television.
Check out some of the highlights from the interview.
About growing up in the South
“I just knew I had to get out of Alabama. And this isn’t to disparage the South, but for me and my journey. I needed to be away to figure out who I was.”
Cox says that after years of bullying, including an attempt at suicide when she was 11, Cox begged her mother to put her in a performing arts school. Her mother agreed and Cox says it changed her life.
“If you have something you love, that will get you through.”
Once Cox left the south she moved to New York, hoping to make it big. She noted that while it may seem like trans people are accepted into the artistic circles, she noted that there’s a “freak factor” that comes along with that “acceptance.”
“There’s this freak factor where you become this thing for people to gawk at. And I feel like it started with Andy Warhol and Candy Darling. There’s this interview where Warhol is talking with her and he says ‘Candy is a man.’ And I’m like — I didn’t know Candy Darling, obviously — but I’m pretty sure she didn’t think of herself as a man.” Cox observes. “Andy Warhol was very much exploiting her trans identity and you see that in the New York clubs still. And I’ve been a part of that.”
Cox said her goal was to challenge those notions in the roles she decided to take.
In 2008, she was a contestant on the “I Want To Work For Diddy” show. She says, “I never wanted to do a reality television show. But at the same time, for years I wondered what it would be like for a trans person to be on a show like MTV’s ‘The Real World.’ I just never imagined I’d be that person.”
She says she went through great pains to make sure she didn’t allow herself to become a stereotype.
“I remember being really conscious of not wanting to fight with another black woman on camera. I did an interview and the producers were like, “Well, this [other black woman on the show] said this about you. What do you have to say about that?” And I said I’m not fighting with another black woman on TV. Even during my elimination episode, when it came down to myself and another black woman, my mother — after watching — said, “Why didn’t you defend yourself?” And I just didn’t want to give television the satisfaction of seeing two black women going at it. We see that so much.”
Maneuvering to avoid those stereotypical pitfalls is the reason Cox is so excited about her current role as Sophia on “Orange Is The New Black.” And though she’s excited about her character’s story line, she wonders how long it will last.
“The system isn’t really set up to have these conversations about intersectionality and social justice when you’re an actress. I always feel like someone is going to come along and say, ‘OK, this has gone on for too long. We need to get rid of this girl.’”
But while she’s on this ride, she’s enjoying it and the issues she’s able to explore through her character.
“Everything about the prison-industrial complex is designed to dehumanize the women who are incarcerated. So, it means so much to me that our show is about doing the exact opposite.”
“What’s interesting about Sophia’s storyline,” Cox says, “is that, usually when we see trans people on screen their stories are all about their transition, but this is a health care issue. And just because you’re in prison doesn’t mean you shouldn’t have health care.”
You can read the entire interview at BuzzFeed.com.
How adorable is Chance Combs? The daughter of Diddy and Sarah Chapman is a little model now. She walked the Ooh! La, La! Couture show last year with her sisters, twins Jesse and D’Lila, during Kids Fashion Week in NYC. Chance didn’t get to walk with her sisters this time around, but she did her thing on her own during the recent Petite Parade show. She rocked a fur (we’re assuming fake since it’s a kid’s show) and according to Black Celeb Kids, a gorgeous dress from Alivia Simone. Chapman posted quite a few pictures of Chance’s time at the show, after the show, and in the makeup chair to her Instagram, and Chance definitely is a model in the making. Check out all the cuteness below and on the next couple of pages.
From The Grio
Though the initial launch was shaky, Diddy’s Revolt TV has largely been a success.
Branded the new number one in music news, the Bad Boy founder now looks to expand his empire in 2014.
Madison Square Garden’s Fuse TV Network is for sale and it’s been reported that Diddy has placed a bid for around $200 million.
Similar to when WWE CEO Vince McMahon, acquired rival wrestling brand WCW, it appears that Diddy wants to buy Revolt’s competition.
“As we have stated, we are exploring strategic alternatives for Fuse, and will have no further comment during what is still an ongoing process,” Kimberly Kerns, a spokeswoman for MSG, said today in an e-mail.
Keesha Johnson, a press contact for Combs, declined to comment.
MSG hired JPMorgan Chase & Co. to explore a sale of Fuse, Bloomberg News reported in September. That decision was made after various parties expressed strategic interest in the TV network, Hank Ratner, the former chief executive officer, said on a Nov. 1, 2013, earnings conference call. Tad Smith replaced Ratner as president and CEO last month.
Michael Senno, an analyst at Credit Suisse, estimated in a Sept. 12 report that Fuse would receive bids between $200 million and $250 million.
Read more about Diddy and his businesses at TheGrio.com
In this day and age where celebs and everyday folks take to their social media pages to share every little detail of their lives, there are still some stars who like to keep their private lives very private.
Cassie and Diddy
Rumor had it Diddy and Cassie were dating well before they were ever photographed together. Caught up in a love triangle with Cassie and his children’s mother Kim Porter, Diddy snuck around with the “Me & U” singer showing up at the same events but making sure to never arrive or leave together. Recently the two have been more open about their relationship in public and on social media. Diddy has posted photos professing his love for Cassie and last month sparked rumors when he put up a picture of an engagement ring with the caption, “Baby do you like it? I just want to get you wat you Like!” he added. “I just wanna Mk you smile #takeDat!”
Tags:Angelina Jolie, Ashton Kutcher, ben affleck, beyonce, Brad Pitt, Cassie, celebrity couples, Chris Martin, denzel washington, Diddy, Gwyneth Paltrow, halle berry, jay z, jennifer aniston, Jennifer Lawrence, jessica biel, Julia Roberts, Justin Timberlake, Kerry Washington, kristen stewart, lady gaga, Matt Damon, mila kunis, nicki minaj, nicolas hoult, Nnamdi Asomugha, Olivier Martinez, pauletta washington, Robert Pattinson, rupert sanders, taylor kinney
50 Cent raised the stakes in his beef with 3 rap heavyweights — publicly insinuating Diddy, Rick Ross and former record exec Steve Stoute are gay together … but he backed down minutes later.
The shots were fired Sunday — Fiddy posted the 2 pics on Instagram, one showing a pink-shirted Stoute embracing a pink-shirted Diddy. The other shows Diddy and Rick Ross from an angle that makes it look like they’re kissing.
Underneath, 50 wrote the caption, “I ain’t saying nothing, but something ain’t right. Lmao.” He yanked the pics down a short time later.
Read more on this hip hop feud on TMZ.com