Mathew Knowles has made a name for himself in the business world without the help of investors. Entrepreneurship In His DNA The businessman was seated center stage during the Building Wealth Today for Tomorrow Financial Empowerment Summit held at the UIC Forum in Chicago, IL, on Oct. 12, 2024. The event is designed to connect the community to tools, resources, and conversations that encourage the desire to create long-term wealth . “Bringing Mathew Knowles to our summit reflects our dedication to teaching real, sustainable wealth-building principles,” said Melissa Conyears-Ervin, the city’s treasurer . “His focus on generational wealth and self-funded success aligns with our goal of helping Chicagoans achieve true economic mobility. At the Treasurer’s Office, we believe everyone deserves access to the knowledge and resources to build wealth on their own terms, creating a legacy that will benefit future generations.” Photo Credit: Antwan Collins Knowles is well regarded as the...

If you’re a major country music fan, you may already be intimately acquainted with Kane Brown. The country music singer , who is currently preparing for the release of his fourth studio album The High Road , has turned many heads with his inventive songwriting, charming personality and media appearances in everything from Nickelodeon’s All That to reality competition series The X Factor . Brown currently touts a listenership of over 15 million monthly active users on Spotify alone , with chart-topping tracks such as “Miles On It,” “What Ifs” and “Heaven” serving as his biggest records. Like many modern musicians, Brown marketed himself through social media and the internet without the assistance of the major music labels, making him something of an indie darling to his growing fanbase. Since Brown has been such a hot topic lately, it only makes sense that fans would be wondering about his current net worth. Though the singer is still a rising star, it seems that he has already...

Unless you were born yesterday, you surely have at least some awareness of iconic 20th century musician Elvis Presley. Even if the King of Rock and Roll has no place on your Spotify Wrapped , you’ve surely heard your fair share of hit songs, catchphrases and impersonations over the years. The singer, often known by his first name alone, was responsible for revolutionizing the landscape of music throughout the 1950s and beyond, enthralling millions of listeners around the globe with his hypnotic blend of provocative dance moves and infectious vocal inflections. Today, his musical stylings are obviously quite dated, though it can’t be overstated just how much Elvis Presley propelled the culture of rock and roll into the mainstream. Though the singer has been deceased for nearly half a century, his legacy still lives on to this day, largely in the form of music biopics like 2022’s Elvis and the recently released Netflix documentary Return of the King: The Fall and Rise of Elvis...

Sony Music had a successful quarter, reportedly driven by the success of popular artists like SZA. The St. Louis, MO-born artist is still basking in the success of her sophomore album “SOS,” which was released on Dec. 9, 2022. Billboard reports the album claimed the No. 1 spot on the Billboard 200 chart when it debuted, selling 318,000 equivalent album units and setting a record for the best streaming week for an R&B album. Hit singles on the album included “Kill Bill” and “Snooze.” Speaking to the album’s inspiration, SZA told Rolling Stone, “I think this album was partially inspired by love lost, but mostly inspired by my departure from attempting to be a nice girl. I’ve tried to be a nice girl for so long and it’s just not who I am, inherently. And I think I’ve done nice things and I am a kind person, but I’m not a nice girl. And that’s okay. And I think coming to terms with that and really expanding upon that and exploring that is kind of like this new chapter in my life.” “SOS”...

If you’re a big music fan, you’ve certainly heard your fair share of Babyface tracks over the years. The multi-talented artist , who celebrated his 65th birthday back in April, has released more than two dozen chart-topping R&B classics over the course of his historic career, resulting in a staggering 13 Grammy Award wins. Even with all his success, Babyface’s massive net worth may be quite shocking to some listeners, since many artists from his generation have struggled to flip their musical highs into prudent financial investments . According to Celebrity Net Worth , Babyface touts a staggering nest egg of over $200 million, earned mostly through music royalties, producer credits and a few high-priced real estate ventures. Perhaps the most shocking aspect of Babyface’s massive wealth is the fact that his net worth was once halved following a contentious divorce in 2005. This means that the musician could have stacked millions more if it weren’t for losing a nine-figure sum in the...

50 Cent is keeping himself booked and busy. On Tuesday, the rapper and businessman announced his first Las Vegas residency, set for six exclusive shows at PH Live inside Planet Hollywood Resort & Casino from Dec. 27 to Jan. 4. According to TMZ, sources say 50 Cent secured a $15 million deal, making it one of the largest Hip-Hop residencies ever. One of the shows will feature an exclusive New Year’s Eve celebration presented by his Sire Spirits brand. “My first Vegas residency is going to be an experience, you don’t wanna miss this!” 50 Cent shared on X. My first Vegas residency is going to be an experience, you don’t wanna miss this! I’ll be doing 6 Exclusive shows December 27 – January 4 at PH Live at Planet Hollywood Resort & Casino. Tickets on sale Saturday 🔥 pic.twitter.com/EPQGuEnADJ — 50cent (@50cent) October 15, 2024 Titled “50 Cent: In Da Club” — a nod to his iconic 2003 hit — the residency promises performances of new tracks and classic favorites, including “21 Questions,”...

Missy Elliott has officially become the third female rapper in U.S. history to gross over $2 million from a single concert. According to Touring Data, the legendary rapper, singer-songwriter, and producer joins the list with Doja Cat and Nicki Minaj. With her unique style, innovative sound, and powerful performances, Missy Elliott continues to break barriers and remains a vital force in Hip-Hop. In a separate post, the rap icon achieved her highest-grossing concert ever on Aug. 8, 2024, bringing in $2.05 million at Capital One Arena in Washington D.C. during her “Out of This World Tour.” . @MissyElliott earned her highest grossing concert of all-time on August 8, 2024, with $2.050 million at Capital One Arena in Washington as part of the “Out of this World Tour”. — Touring Data (@touringdata) September 26, 2024 As AFROTECH™ reported, Missy Elliott made NASA history when lyrics from her song “The Rain (Supa Dupa Fly)” were transmitted approximately 158 million miles to reach Venus...

Drake is once again proving himself as a dominant force in the music industry. According to an Instagram post by Genius, the rapper’s “It’s All a Blur Tour” has grossed $320.5 million across 80 shows in North America, making it the highest-grossing Hip-Hop tour of all time. Each of the 80 shows sold out, reached 100% capacity, and totaled 1.3 million tickets sold. View this post on Instagram A post shared by Genius (@genius)   The first leg of the “It’s All A Blur Tour” started on July 5, 2023, in Chicago and wrapped in Toronto on Oct. 7, 2023. The second leg commenced on Feb. 2 in Tampa and ended in Newark on April 4. Fans enjoyed an unforgettable experience with a setlist of chart-topping hits and a star-studded lineup of guests that included 21 Savage, J. Cole, Sexyy Red, and Travis Scott . During the tours, Drake made his charitable spirit more evident than ever. The “God’s Plan” rapper repeatedly made headlines for surprising fans with cash gifts, Billboard reported . From...

Eve is making major business moves — specifically by securing a major deal. According to Music Business Worldwide, Olivier Chastan’s acquisition firm, Iconoclast, announced on Wednesday, Sept. 25, that it acquired the publishing rights to the double platinum-selling Hip-Hop artist’s catalog. “Eve’s contributions to hip hop and popular culture are unparalleled. She’s not only a great artist but a true pioneer for women in the genre,” Chastan, founder and CEO of Iconoclast, said. “We are honored to help preserve and elevate her incredible legacy, ensuring that her influence continues to inspire future generations of artists and fans alike,” he added. Eve’s claim to fame came in the late 1990s with her debut album, “Let There Be Eve…Ruff Ryders’ First Lady,” which catapulted her to top the Billboard 200 — the third female rapper ever to do so. Iconoclast described her as a “trailblazer” and a “defining voice in hip-hop, known for her lyrical prowess, dynamic flow, and unique fusion of...

Timbaland turned down the opportunity to earn publishing from a successful song in his catalog. First released in 2006, “Apologize” was OneRepublic’s lead single that was later featured on their debut album “Dreaming Out Loud.” It was originally written and sung by the group’s frontman Ryan Tedder. OneRepublic was then approached by hit producer Timbaland to remix the song, which was later listed on his 2007 album “Shock Value.” Their collaboration was a success, reaching the No. 2 spot on the Billboard Hot 100 chart. Tedder says he is grateful to Timbaland, as the remix was “a life changer.” It allowed him to purchase a home, made possible through their publishing agreement, which amounted to Timbaland waiving his portion. “The truth of the matter is when they called me about the publishing splits, I was grimacing,” he said during a recent interview on “Behind The Wall” podcast with Daniel Wall. “I was ready to just be like, ‘I’m gonna get creamed on this. They’re gonna take half...

There’s been an update in Dame Dash’s sentiments regarding ownership of “Reasonable Doubt.” In a recent Instagram video, Dame Dash acknowledged that there is “a lot going on” but he was surprised the media hadn’t covered what he considers “very relevant” news regarding his dispute with Jay-Z over the 1996 debut album. Dame Dash asserted that the City of New York, not him, filed a significant court document on Friday, Sept. 20, 2024, stating its concern over alleged misleading comments by Jay-Z and Roc-A-Fella Records (RAF). Per a report by All Hip Hop, the City, represented by the NYC Department of Social Services, requested a pre-motion conference as well as a stay of Dame Dash’s auction sale as a result. The petition was reportedly submitted to U.S. Magistrate Judge Robert W. Lehrburger. “’Jay-Z’s statements to the press have poisoned the environment for the auction,'” Dame Dash read from the City’s alleged statement. “‘He has claimed that he has a termination right under the...

In the entertainment industry , some of the biggest players live most of their lives out of the spotlight, securing multi-million dollar deals and planning world tours for today’s creatives. Among them is 56-year-old Kevin Liles – the son of an accountant and railway conductor from Baltimore, Maryland. After graduating from Woodlawn High School, the future millionaire was off to study electrical engineering at Morgan State University on a scholarship from NASA . He later dropped out and changed his focus to music, joining a group called Numarx in the 80s before securing an unpaid internship at Def Jam in 1991. Kevin Liles’ net worth was low then, but in just seven years, he was offered the role of record label president, which he held from 1999 to 2004. What Is Kevin Liles’ Net Worth? (Photo by Johnny Nunez/WireImage) While he presided over Def Jam’s artist roster and handled day-to-day business, company revenues doubled to $400M. This was through diversification of the brand, “...

It’s been two decades since Fantasia Barrino’s “American Idol” win. The Grammy Award-winning singer was crowned in the show’s third season in 2004, at just 19 years old. In the finale, she had three standout performances including “All My Life,” “I Believe,” and “Summertime,” which was also performed earlier in the season and is the song she believes changed America’s heart towards her. “For me, going back to ‘Summertime,’ it means a lot because that’s the song that made people change their mind on me. When I first was on ‘American Idol,’ you’re thinking someone who’s clean, polished, who has somewhat of a perfect story, and I do not have that,” she told AFROTECH™. “I was already a young mom. I had already been speaking about how I got there.”   An ode to that special moment in time for Barrino, she is reimagining “Summertime,” collaborating with music director and producer Adam Blackstone — known for his work with Rihanna, Jay-Z, Janet Jackson, and Jazmine Sullivan — in its latest...

LL Cool J’s mother played a crucial role in launching his career by investing in his music when he was faced with countless rejection. The rapper, born to Ondrea Smith in Bay Shore, NY, has released his 14th studio album, “The Force,” after a decade-long wait. Released Sept. 6, the project features 14 tracks, including “Post Modern,” which holds a significant line about his mother’s support that came from a tax refund. “My mother took her tax return and invested it. She bet it on her kid and look at what he did with it. 2,000 in ’84 that’s a 100,000 x multiple from keepin’ you on the floor,” he rapped. During an interview on the podcast “Sway In The Morning,” LL Cool J shared the backstory behind that line. He revealed his mother was not making a lot of money, so tax season was an exciting time for her as it led to extra earnings in her pocket when she received a refund. “Here’s this Black woman who worked really hard, who got a tax return — and just for the record — the majority of...

Embracing technology has helped Tems evolve her artistry. Born Temilade Openiyi in Lagos, Nigeria, the Afrobeats R&B star had a deep passion for music from a young age — even joining a choir as a teenager — and recognized the art of making music was always more than just a side interest for her. “The way I love music, the way I loved writing and making music, producing, it was more than a hobby,” Tems expresses on “The Breakfast Club” podcast. “It’s just something that I just genuinely enjoyed. I didn’t expect ever to make anything from it. I was just like, ‘Yeah I could do this all day. If I can get a job to sustain me, and I’ll just be doing this all day.’ Literally that was my mindset.”   Tems’ fire for music followed her in higher learning. She attended Monash South Africa, a university in Johannesburg, South Africa, GQ reports. In her dorm room, she continued to write songs and relied on YouTube to learn how to make beats. She also used Logic software to record and produce....