50 Cent is making major real estate moves in Shreveport, LA. G-Unit Studios As AFROTECH™ previously reported, the entrepreneur opened G-Unit Studios in the city, now the second-largest Black-owned studio behind Tyler Perry. The 985,000-square-foot property is being used “to operate a production studio and/or activities and uses related to the promotion or development of the film, sound, light, movie, television, broadcasting, recording, and arts industries.” View this post on Instagram A post shared by 50 Cent (@50cent) “Founding my own studio is the next step in my plan to expand G-Unit Film & Television’s output of premium, diverse content across all media and to provide more opportunities for artists, crew members and more jobs within the community,” 50 Cent told KTAL-6 News. Housing Project 50 Cent’s plans for Shreveport also extend beyond his studio. He is rolling out a three-phase plan to transform the city through areas including housing. “We start building houses, and we...

50 Cent plans to develop housing in Shreveport, LA. As Blavity previously shared, the Shreveport area is now home to the rapper’s G-Unit Studios, an extension of his G-Unit Films and Television company. The 985,000-square-foot property aims “to operate a production studio and/or activities and uses related to the promotion or development of the film, sound, light, movie, television, broadcasting, recording, and arts industries,” per a previous report by AFROTECH™. G-Unit Studios’ purpose includes giving opportunities to creatives and the community. 50 Cent has announced a three-phase plan to revitalize the area, with housing development being a focus area, according to KTAL-6 News in Shreveport. “We start building houses, and we have an idea to go into communities and help low- to moderate-income families get mortgages,” Orville Hall, G-Unit’s growth advisor, said per KTAL-6. Furthermore, plans will focus on supporting youth by creating new media programs. “We’re going to go to each...

Determined to have her voice heard in the financial sector, Sandra L. Richards now leads with over 20 years of experience. Since May 2007, she has been a dedicated member of Morgan Stanley. Initially hired as a director, diversity specialist, she supported diversity strategies in recruiting, retention, and business development. Over the years, Richards has been promoted six times, including moving into roles as vice president, business development officer – diverse and multicultural markets; managing director, head of business development and segment marketing; and most recently, managing director, head of global sports & entertainment and segment sales & engagement group for the past five years, according to LinkedIn. In her current role, she focuses on helping entertainers, industry professionals, and athletes build wealth by providing advice, tools, and resources. She is spearheading the digital financial education program Money In The Making, which encompasses topics such as...

Responding to a fundamental calling, Denise Woodard became a visionary in a $2 billion industry. Her Calling Woodard was looking to find a solution to help her daughter who had various food allergies, as previously reported by AFROTECH™. She was searching for snacks that would help her daughter but ultimately started creating her own recipe for cookies made without wheat, tree nuts, peanuts, milk, eggs, soy, fish, sesame and shellfish — launching vegan company Partake Foods in 2016. Woodard saw great promise in her products and believed others would too. She received checks up to $10,000 from family and friends through a Kickstarter campaign to scale the business into Whole Foods and Wegmans, she told Forbes. “I was cobbling together $5,000 and $10,000 checks to keep the lights on, from anyone who would listen,” she told Forbes. “The dribs and drabs were not enough, so I sold my engagement ring. But we were seeing traction, which led us to raise our first institutional round.” A...

The legacy of the late Bob Marley remains prevalent. Bob’s musical influence extends globally, with Rolling Stone recognizing “Exodus,” his ninth studio album with the Wailers, as No. 48 on its list of “The 500 Greatest Albums of All Time” in December 2023. What’s more, his story is currently being told in a biopic across movie theaters. “Bob Marley: One Love” has earned $71.1 million domestically and $120.5 globally, according to Entertainment Weekly and Comscore (at the time of this writing). Though his life was cut short at 36, following a battle with malignant melanoma, t he Marley family continues to carry the torch of their father while also carving their own paths. At the time of his death, Bob did not have a will, and his inheritance was given to his wife, Rita, and 11 children. As AFROTECH previously told you, with that financial investment in each of his children, many have built on that foundation with net worths now reportedly set in the multi-millions. This includes...

If there’s one thing Lauryn Hill is going to do, it’s a living legend. From her time in the Fugees to her acting career (remember “Sister Act 2”?), to the release of her seminal debut album, “The Miseducation of Lauryn Hill,” the New Jersey native has cemented her place in the pop culture zeitgeist . And even if she never releases another album again, her voice and her music will live forever. If that’s not a legacy, nothing is. But more than just the voice of a generation, she’s a mother. Her six children — five of whom are the product of her long-time relationship with Rohan Marley, son of the legendary Bob Marley — are not only the heirs to the Marley family’s $500 million overall legacy. According to Money, Inc., Lauryn Hill earned more than $25 million at the peak of her career between touring and record sales (both with the Fugees and as a solo artist). And despite her past financial issues — including a stint in jail for tax evasion and a $5 million settlement with her...