All Articles Tagged "millionaires"
Reality television is a complicated business. Some shows get immensely popular and springboard everyday people into celebrity stardom, but that fast track to Hollywood isn’t for everyone. However, there are those lucky ones who manage to build their brands, or expand their existing empires, based on their participation in America’s guilty pleasures. While some reality stars make little to no money at all—the average is about $5,000 a month—personalities who appear on popular shows like The Real Housewives franchise can make $8,000 and up per episode, and millions of dollars beyond their TV presence alone. It’s reported that the Real Housewives of New York racked in $75,000 per episode last season, while the Kim Kardashian and her family recently signed a deal worth an estimated $40 million for three more seasons of Keeping Up with the Kardashians. With millions of dollars floating around in the “real worlds,”BlackEnterprise.com Decodes the financial gain of some of reality TV’s most notable personas. —Starrene Rhett Rocque
Check out who these millionaire reality stars are at BlackEnterprise.com
(Forbes) — Facebook, Zynga, LinkedIn and other high flying Bay Area start-ups have launched their founders and investors into the billionaire stratosphere (at least on paper). Over the last year, the social network revolution has made tycoons out of the likes of Sean Parker, Eduardo Saverin, Mark Pincus and Reid Hoffman. Last summer, Facebook’s Mark Zuckerberg wasricher than Apple’s Steve Jobs. Today, he’s wealthier than bothGoogle guys, Sergey Brin and Larry Page, too. But while Silicon Valley basks in the golden glow of the wealth spotlight, Houston, TX is quietly minting new millionaires at a fast pace. For the last two years Houston has enjoyed more growth in the number of High Net Worth Individuals–people with at least $1 million in investable assets (primary homes don’t count)–than any other U.S. city.
(Black Enterprise) — Being afraid to take the leap: “The biggest mistake I think people in business make is they don’t take the leap and this is the main thing I wanted to know from the 45 entrepreneurs I interviewed,” Jordan says. Even Soin, who started MTC with $1,700 and sold it for $425 million, was hesitant at first. Before starting the company, he tried dipping a toe in the water, operating the business as a side venture and it was an utter failure. It was only at the point when he decided to jump in with both feet that it worked.