Showing 6 results for:
Popular topics
Charlamagne tha God has been inspired by his father’s entrepreneurial spirit for as long as he can remember. His father, who owned a fish market and a construction business, told him long ago, “When you get a business, don’t put your name on it. Because people [will] hate on it for no reason.” He’s kept that advice in mind on his journey. Born Lenard McKelvey, Charlamagne has established himself as a radio host, television personality, comedian, and businessman. One of his latest ventures involves expanding Krystal Restaurants. In an interview with AFROTECH™ , Charlamagne said franchising has always been a goal of his, and partnering with Krystal, a beloved Southern staple, was a great opportunity. “It just became one of those things that me and my wife wanted to do,” he told AFROTECH™. “This is one of those situations that just happened pretty organically. And I was with it. My wife was with it. You know, my financial team was with it. And we made it happen.” Charlamagne and his...
Quincy Jones will forever be etched in history. It was announced on Nov. 3, 2024, that the famed producer, born Quincy Delight Jones Jr. in Chicago, IL, passed away at the age of 91 in his Bel Air home in Los Angeles, CA. “Tonight, with full but broken hearts, we must share the news of our father and brother Quincy Jones’ passing. And although this is an incredible loss for our family, we celebrate the great life that he lived and know there will never be another like him,” Jones’ family said in a statement, according to US Weekly. Fortune And Legacy He is survived by seven children and leaves behind a legacy that led to a reported $500 million fortune, as AFROTECH™ previously told you. Jones is a decorated figure within the music and entertainment industry, with accolades that include 28 Grammy awards and a number of legendary works, including composing “The Wiz” and serving as executive producer of “The Fresh Prince of Bel-Air,” which starred Will Smith. Reflecting on the loss,...
MaC Venture Capital has closed its third fund. According to a press release shared with AFROTECH™, the venture capital firm, launched in 2019 by former Washington, DC, Mayor Adrian Fenty and seed-stage venture capitalist Marlon Nichols , has raised $150 million in its third investment fund. Returning investors in this round include Boston College, Fairview Capital, the Los Angeles Fire and Police Pension, the Michigan Department of Treasury, Stepstone, the Teachers’ Retirement System of Illinois, and the University of Michigan. This investment brings MaC Venture Capital’s assets under management to $600 million, making it one of the largest seed-stage firms in Los Angeles, CA, and North America, per the release. “We’re grateful that we’ve grown so quickly in recent years, emphasizing that our investment framework succeeds in finding untapped potential in dynamic founders,” Fenty said. “During a time when the fundraising market looks troubling for early-stage startups, we continue to...
Marlon Wayans has announced the return of the “Scary Movie” franchise. This represents a significant change for the series, which was originally rooted in the Wayans family. USA Today reports that the first two films were directed by Keenen Ivory Wayans, with Marlon and Shawn Wayans serving as writers and actors for some of them. According to ABC News, the original “Scary Movie” (2000) grossed over $277 million worldwide. Despite “Scary Movie” becoming a pop culture staple, the Wayans family’s involvement in the franchise fizzled out after the second film. According to AFROTECH™, Marlon Wayans claimed that The Weinstein Co. “snatched” the franchise from them after it was initially passed over by other production studios. The Wayans family reportedly learned through a publication that they would no longer be involved. “The second one they rushed us into, and by the third one, they didn’t want to pay the money, so they snatched it. We found out on Christmas that they hired somebody...
Chiney Ogwumike has been a trailblazer in both sports and media. Ten years after being drafted as the No. 1 pick in the WNBA by the Connecticut Sun, Ogwumike has had numerous opportunities to reflect on her illustrious career, which began at Stanford University. According to her Stanford profile, she held the title of all-time leading scorer by the end of her time there. Her collegiate achievements include: Pac-10 All-Freshman Team (2011) Pac-10 Freshman of the Year (2011) Pac-12 Tournament MVP (2013) 3x Pac-12 Defensive Player of the Year In October 2024, Ogwumike was inducted into Stanford Athletics’ Hall of Fame. View this post on Instagram A post shared by Chiney (@chiney) Embracing It All Although talented in sports, Ogwumike initially dreamed of a career in politics and even considered becoming a lawyer. “I always loved politics. As a kid, my family would always catch me watching the news, not like cartoons. I was a super nerd,” she told AFROTECH™ in an interview. In college,...