Joe Budden is getting candid about his career podcast earnings. According to Vibe, the rapper-turned-podcast-host recently shared that he has earned at least $7 million since he made the career transition, pocketing a reported $4 million from that after taxes. “Off podcasting, off of this?” Budden said during an episode of “The Joe Budden Podcast.” “All together in the whole 10 years? About $4 million… Gross is $7 million.” He also opened up about how he and his team managed to get to those numbers, noting that inking partnerships with various brands along the way has been beneficial. “Early on we were doing it for free,” Budden recalled. “Then we hit a little lick, Spotify. Then n—as left, the building crumbled a little bit, and my friends came and saved the day.” As previously reported by AFROTECH™, he shared the real reason that he walked away from Spotify’s initial offer. “In business, there are signs, for me, that show faith in a relationship,” Budden said at the time. “And me...

You can’t place Anifa Mvuemba’s creativity in a box. Back in 2020, the Hanifa founder and fashion designer shook up the fashion world with a virtual 3D show on Instagram for her collection, Pink Label Congo, inspired by her home country of the Congo. From then on, Mvuemba continued to implement her self-taught tech skills into her work, as previously reported by AFROTECH™. Now, Mvuemba has taken her fashion expertise into new territory — the spirits industry. In February 2024, it was announced that she and Sergio Hudson are partnering with premium bourbon brand Woodford Reserve. During a New York Fashion Week (NYFW) dinner, Mvuemba spoke about previously feeling like she was approached by brands for their own gain and image, per WWD. View this post on Instagram A post shared by Anifa M (@anifam) In an email interview with AFROTECH™, Mvuemba shared , “As a Black designer, navigating the barriers that come with being shortlisted for collaborations merely to fulfill a diversity...

The Chicago Sky team are already reaping the benefits of Angel Reese’s arrival. As AFROTECH™ previously told you, Reese, a current Louisiana State University (LSU) student, was drafted to the WNBA as the 7th draft pick in the first of three rounds on April 15, 2024, at the Brooklyn Academy of Music in New York, NY. She will be joined on the team by recent National Championship winner Kamilla Cardoso from South Carolina. “It’s a great moment. I’m super excited to go into the W,” Reese, 21, said in reflection during an interview on the “Today” show. “This has always been a dream for me and a dream come true. And then with amazing girls, only 15 girls get to be selected to come to New York and have this experience. And as a little girl, being able to put the dress on and actually go up there and hear a name called was amazing. So I’m just happy to be here and enjoy the moment.” Reese’s entry into the league is already being met with excitement. Within days of being drafted, the team’s...

Back in 2020, Swizz Beatz entered a new business outside of Hip-Hop — camel racing. Tapping into the venture led the music maven to become the first African-American and Westerner to own a camel racing team in the Middle East, as previously shared by AFROTECH™. “I had it in my mind for so long,” Swizz Beatz told Variety. “My friends out there have teams, friends’ parents’ families in Dubai [United Arab Emirates] have teams. That’s how I had access to knowing what to look for, how to pick your fleet, understand the bloodline, find the best trainers. I did extensive research and was there for a month straight doing it. I had the heads-up for a while but didn’t push the button until COVID. It sounded big, amazing and a lot of work, but I just wanted to do it. It feels like it came fast, but it was a long process.” Following snagging 20 trophies including the Saudi Camel Federation Cup, per AFROTECH™, Swizz Beatz has his eyes set on another win. According to Bloomberg, he has spent...

Kevin Hart’s Gran Coramino Tequila has officially reached a new milestone. According to a press release shared with AFROTECH™, since its inception in 2022, the ultra-premium tequila company has provided more than $1 million in grant funding to over 100 Black and Latinx small-business owners and entrepreneurs through its Coramino Fund. The fund, powered by the company founded by Hart and 11th-generation tequila maker Juan Domingo Beckmann, has made giving back to the community its main priority from the very beginning, honoring its “vision to celebrate life’s hard-earned moments” by donating $1 from every bottle sold to support underrepresented entrepreneurs in the United States and Mexico. “As an entrepreneur myself, I’ve seen how early financial support can impact the long-term success of the business,” Hart said in a statement. “The Coramino Fund was created to provide support to some of the hardest working people out there — entrepreneurs and small business owners.”   View this...

Amid the attack on venture capital investments to Black businesses, Hello Alice has come out on top. As AFROTECH™ previously reported, the fintech platform — created by Elizabeth Gore and Carolyn Rodz — that has helped small businesses through capital, had been named in a class-action lawsuit filed by America First Legal, Mitchell Law PLLC, and Ashbrook Byrne Kresge LLC in October 2023. The company was targeted for partnering with Progressive Insurance Co. to offer up to $25,000 in grants to 10 Black-owned businesses. “We were founded on the principle of equality, with the aim of ensuring that everyone — women, men, people of color, U.S. Veterans, and more — have an equal opportunity to launch their businesses and pursue the American Dream,” Hello Alice shared at the time in a statement on X, formerly known as Twitter. “From Texas to California to Florida to New York, small business owners are the most trusted voice in America and a critical engine of our economic growth. Today our...

Shaquille O’Neal’s Authentic Brands Group (ABG) deal continues to pay off. As AFROTECH™ previously mentioned, O’Neal’s agreement with the brand management company in 2015 allowed the group to profit from his name and likeness in merchandise and endorsements. The Hall of Famer joins its roster of other prominent names such as Marilyn Monroe, Elvis Presley, Muhammad Ali, and Michael Jackson. “We’re thrilled to have a true business partner in Shaq,” Nick Woodhouse, ABG president and chief marketing officer, told ESPN at the time. “Through his bigger-than-life personality, he has turned himself into one of the strongest sports brands in the world.” In return for signing onto the deal, O’Neal became ABG’s second-largest shareholder, and to date he credits this as his turning point in business. “My Authentic Brands deal, I was able to ensure that hopefully I can stay around after I’m no longer on this earth,” O’Neal explained to AFROTECH™ . “And I was walking down the street one day and...

A Baltimore, MD-based juice bar helping the youth will be expanding to its second location. As AFROTECH™ previously reported, Rich Juice Bar opened its doors to the South Baltimore community in 2023. Co-founder Michael Battle had experienced health issues such as diabetes and high blood pressure, and after adopting a healthier diet he saw improvements, reports The Baltimore Banner. Now, alongside his wife, Danielle, they are making it their life’s mission to make affordable and healthful food options such as juices, smoothies, and acai bowls accessible. View this post on Instagram A post shared by RICH JUICE BAR| POURING LIFE INTO THE COMMUNITY (@richjuicebar) What’s more, Rich Juice Bar’s mission extends a hand to the youth, offering job opportunities as well as training in communication, entrepreneurship, banking, and financial advocacy. “This social enterprise will provide wellness and economic vitality, health and delicious cold-pressed juices, nutrient rich smoothies, and...

Carmelo Anthony has launched a cannabis brand that will allocate a portion of its profits towards a good cause. Forbes reports the 10-time NBA All-Star player is launching StayMe7o Cannabis under Grand National, a cannabis-focused agency created in partnership with Lowd Cannabis’ CEO and Founder Jesce Horton and Chief Creative Director Brandon Drew Jordan Pierce. Anthony had connected with Horton when he first moved to Portland, OR, through a mutual friend. “We understand what the value proposition is,” Anthony told Forbes . “I grew up on the Grand National car, we just wanted to tap into something that was very timeless, combining the businesses of all three of us and what we bring to the table.” As for his motivation to enter into the cannabis sector, it was a culmination of remaining a student within the industry over several years and firsthand experience for sports recovery purposes. Among his chosen products were tinctures, CBD formulations, and topicals — all tailored to...

Robert F. Smith’s Vista Equity Partners has marked off a new milestone. Axios reports that the private equity firm has raised over $20 billion for its new fund — making the fund its largest to date. As a platform that invests in technology companies, Vista Equity Partners is set to focus on artificial intelligence (AI). According to the outlet, Smith wrote to investors ahead of Vista Equity Partners’ annual general meeting in April about what they can expect soon. “You will also hear more about how we have adopted generative artificial intelligence not just as a tool but as a pivotal component of our value creation and underwriting processes,” Smith wrote, per the outlet. He added, “This has enabled us to identify and capitalize on opportunities, including dramatically expanding TAM [total available market], product innovation, GTM [go-to-market] strategies, with greater precision and speed, ensuring that we stay ahead of the curve in a rapidly evolving market landscape.” Before its...

Rejection is simply redirection, and this was the case for TikTok creator MiriTheSiren. The Chick-fil-A employee is known for her countless reviews of the restaurant’s food, which have helped her garner thousands of loyal followers since January 2024. Her most recent video filming the fast food chain’s Cherry Berry drink gained 323,400 likes and 3.4 million views since sharing it on April 8, 2024. In total, she has gained 3.7 million likes for her various Chick-fil-A food combinations using her employee meal. “Since January, every day, I went to work at Chick-fil-A. I have been reviewing my employee meal since I started in January. I have garnered tens of millions of views, some of my individual videos, getting up to 3.4 million in just a few days,” MiriTheSiren expressed in a video. “And it’s been a beautiful experience. It’s been so great. I’ve inspired people to try new things at Chick-fil-A. I’ve been able to connect more with my community and the people that I serve because...

A new report has shown celebratory news for Detroit, MI. “The Growth of Housing Wealth in Detroit and its Neighborhoods: 2014-2022,” a study by the University of Michigan Poverty Solutions, has been released showing that Black homeowners in Detroit have “gained $2.8 billion in home value,” per a news release.   View this post on Instagram   A post shared by City of Detroit (@cityofdetroit) Beginning in 2014, the study was conducted after Detroit’s municipal bankruptcy. In July 2013, Detroit became “the largest U.S. city to file for bankruptcy,” per AP News. The news release details that the study had a goal of finding out if the city’s housing values had seen growth across those nine years, and if these improvements had been fairly distributed across Detroit neighborhoods and racial/ethnic groups. With an 94% overall increase in home value, and 80% increase for Black homeowners specifically, since the study started, Detroit Mayor Mike Duggan credits residents stabilizing...

A trademark has placed Pharrell Williams in legal drama. In April 2024, Pink, also known as Alecia Moore, sued Williams for trademarking “P.Inc” for his music-focused promotional marketing services, Rolling Stone reports. The pop singer’s lawyers are requesting for the Trademark Trial and Appeal Board of the U.S. Patent and Trademark Office to not authorize his trademark as they claim that it resembles the “PINK” trademark, which court documents show she applied for in 1999 and registered in 2001. Pink’s lawyers also claim that Williams’ trademark has the potential to damage her business and create confusion for her fans as they both operate in the music industry. “[Williams’] P.INC Mark is similar to the PINK Marks in sight, sound, meaning and commercial impression,” the filing wrote, according to Rolling Stone. “[Williams’] and [Pink’s] goods and services are identical and/or closely related. … [Williams] is likely to market and promote its goods through the same channels of trade...

Disruptors, in the evolutionary sense of the word, are people who have abandoned the status quo. They thrive in their differences and are typically unbothered by the societal boundaries designed to box them in. There are countless examples of these people in the world, but one clear example is Tyler, the Creator. Evidenced by his stage name, Tyler Gregory Okonma is a California native and award-winning producer and musical artist. He burst onto the scene co-founding the Hip-Hop collective Odd Future and releasing his debut mixtape 2009, titled “Bastard.” However, it was in 2011 when he released his first studio album, “Goblin,” that he started getting noticed. Reflecting, he acknowledged his musical growth and was honest about his work then. In a conversation on the “Rap Radar Podcast,” Tyler was pretty candid that while his lead single, “Yonkers,” is still one of his favorites, the album itself was not his favorite body of work. “Bro, ‘Goblin’ is f-cking terrible, but I still love...

Cash Money Records Founder Birdman experienced several losses by the age of 16, and he was determined to steer clear of any losses in the music business. Birdman, born Bryan Christopher Williams, started the label in 1991 alongside his brother Ronald “Slim” Williams, according to BET. They were able to gain traction and had the support of independent distributors such as Gonzales Music and SouthWest Distribution, XXL Magazine reports. Building popularity in the South, the label caught the attention of Universal Records and signed a deal with the company on May 10, 1997, per a Max Volume Media interview Birdman gave. He later discussed the deal during an interview on the “Wilde Ride!” podcast, revealing that he was looking to retain ownership of his music due to his upbringing. “I felt like I lost everything already. I lost my family,” he explained on the podcast. “Nothing can repay me for what I already lost. I lost my mama, my daddy, my brother, my sister… I lived a hell of a life...