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Katt Williams has purchased land to open a movie studio. During an interview with GQ, the comedian revealed he has acquired a former military base located in Alabama. It has been confirmed by Williams’ publicist, Amy Sisoyev. “I can’t disclose the amount or exact location just yet, but I can confirm that he has purchased a former military base in Alabama,” Sisoyev said via email to AL.com. Williams shared that he aims to follow in the footsteps of other celebrities, such as Tyler Perry. As AFROTECH™ previously reported, Perry, a self-made billionaire, opened the world’s largest Black-owned studio. The studio, which Perry self-funded, reached a valuation of $280 million in 2023. Speaking of wanting to be next in line, Williams commented to GQ : “It’s just not fair to put all that pressure on Tyler Perry. He can only do so much.” At the time of this writing, it is unclear when the movie studio will break ground. Williams is part of a growing number of Black figures seeking to disrupt...
Damson Idris is a British actor best known for his roles in projects such as “Snowfall” and “Outside The Wire,” as well as a few other front-and-center placements in productions such as “ Black Mirror .” Despite having amassed only a handful of prominent roles, Idris seems to be playing his cards right in his career, taking a real quality over quantity approach. This is evidenced by his impressive net worth, which is said to clock in at $10 million to $13 million, according to a write-up in Tuko . With under 2 dozen screen acting credits on IMDb, this nest egg is clearly an impressive feat. But Damson Idris hasn’t amassed his entire fortune on salary alone, as he has also made a large sum off of endorsement and brand deals , his modeling career, and a few other key investments along the way. Let’s take a moment to examine the multiple streams of income developed by the 32 year old actor, and better understand how he’s developed this generational wealth in such a brief period of...
Ludacris will be receiving an official salute this upcoming spring. According to a press release, award-winning producer and Grammy award-winning artist Chris “Ludacris” Bridges will be awarded an honorary degree of Science in Music Management at Georgia State University for his philanthropic efforts and commitment to its students. The feat was made official by the University System of Georgia Board of Regents on Wednesday, April 13. “This is a dream come true for me,” said Ludacris, according to a press release. “Georgia State helped me get my start and I am so honored and excited to share this milestone with the world.” Ludacris’ journey at Georgia State began in the 1990s before making his splash in entertainment. Returning to his roots, Ludacris became an artist-in-residence in 2019. While serving in this position, he mentored students and worked alongside Creative Media Industries Institute professors, “focusing on entrepreneurship in the music and film industries.” What’s...
Curtis “50 Cent” Jackson will become a leader for a charitable cause, bettering the lives of those in the entertainment industry. Deadline reports The Motion Picture & Television Fund has selected four leaders in their respective fields for a position on its board of governors. 50 Cent is joined by Greg Berlanti, Lauren Shuler Donner, and Ann Sarnoff. “We’re more than thrilled to have these four incredible leaders in their fields join our board of governors,” said Bob Beitcher, president and CEO of the MPTF, according to Deadline. He went on to say “Our future is truly looking bright as we move ahead to a new era of taking care of our own.” 50 Cent’s appointment comes after dominating the music arena for over two decades years and more recently a successful pivot into the television industry thanks to his brainchild Power on Starz’s network. “I’m so honored to be part of the leadership of this extraordinary organization,” 50 Cent said, according to Deadline. “Being able to give...
Cxmmunity is still on a mission to make esports accessible at Historically Black Colleges and Universities (HBCUs). The Black-owned non–profit spearheaded by Christopher Peay and Ryan Johnson has announced its second annual HBCU Esports League Verizon Celebrity Pro-Am. Students will compete in Uno and Fortnite alongside celebrity figures including T-Pain, Brett Gray, Mike Evans, Erin Ashley Simon, Allisha Gray, Bas, Tarik Cohen, FaZe Swagg, Sonny Digital, and more. “We want to continue elevating and raising awareness around HBCU esports programs while showing these schools and these students that there are really cool people in sports, entertainment, and music supporting the gaming space,” Johnson told AfroTech exclusively. In addition to playing alongside celebrity favorites, students can also look forward to a prize pool of $10,000 with $2,000 for the Uno segment that will be donated to the school’s esports programs and $8,000 for the Fortnite tournament to support student...
Pharrell Williams continues to pour into Black entrepreneurs and Historically Black Colleges and Universities (HBCUs). Founded by the global superstar, Black Ambition is returning for its second year to foster Black and Latinx leaders and communities. Entrepreneurs with ventures in products and services, media and entertainment, healthcare, technology, and Web 3.0 are encouraged to apply for a chance to win up to a million dollars. In addition to funding, students will be provided mentorship, resources, and “founder-friendly investment terms.” “When you realize how lucky you are to be in the constellation of the universe and when you learn how it really works, you stop buying vehicles and you create vehicles to drive you. That’s what Black Ambition is, it’s a vehicle for impact. At Black Ambition, we find you and then we fund you,” Williams said, according to a press release. In 2021, Black Ambition supported over 250 entrepreneurs and awarded over $3.2 million to support their...