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Universal Spokesperson Shuts Down Claims Of A $14M Pay Gap Between 'Wicked' Co-Stars Cynthia Erivo And Ariana Grande

Rumors surrounding Cynthia Erivo’s and Ariana Grande’s compensation have been addressed. T he two actresses star in “ Wicked ,” directed by Jon M. Chu. The film impressed with a stellar opening weekend, earning $162.5 million globally, according to Deadline. Based on the Broadway adaptation, it was produced on a budget ranging from $145 million to $150 million, per Screen Rant. Grande plays Glinda the Good Witch while Erivo plays Elphaba, The Wicked Witch of the West. Speaking on their roles, Grande commented to Blavity’s Shadow and Act, “I think it’s such an incredible honor and privilege to be trusted with the responsibility of playing Glinda, a role that I’ve loved since I was 10. And it does in a way, feel like a reintroduction. I feel like for both of us [Cynthia and I], this baby of ours has been a secret for such a long time. And I know it’s coming fast, and it’s loud, and it’s everywhere, but it’s been such an intimate part of our lives for the past three and a half years...

Nov 27, 2024

How Colman Domingo Made Millions In Net Worth With Groundbreaking Projects On The Stage And Screen

If you’ve spent any time staring at a television or film screen in the past few years, you’ve likely encountered some of Colman Domingo’s handiwork. The 54-year-old Academy Award winner has graced the screen for such impressive projects as “Candyman,” “The Color Purple,” “Fear The Walking Dead,” and the HBO original series “Euphoria,” just to name a few. Earlier this year, he was listed among Time Magazine’s 100 most influential people in the world due to his powerful ethos, moving performances and commitment to creative excellence. Currently, fans are awaiting Domingo’s appearance in a myriad of upcoming works, including Netflix’s forthcoming outing “The Madness,” as well as next year’s Michael Jackson biopic . Needless to say, many fans are wondering just how much money Colman Domingo has stacked up over the course of his decades-long career. Luckily, we’ve got you covered, with a quick but comprehensive look at the revered actor’s financial portfolio, investment holdings and film...

Nov 26, 2024

How Regina King Maintains A $16M Net Worth As One Of Hollywood's Highest-Paid Actresses

Though Regina King got her start in Hollywood when she was very young, she’s far from the stereotype of a “child actress.” As Brenda Jenkins on the hit comedy “227,” King won over the hearts of all primetime television watchers. And they watched in amazement as her career continued to grow, thrive, and evolve alongside her. Her acting career ultimately culminated with an Oscar win for her role in “If Beale Street Could Talk.” And, as AfroTech previously reported, she also made history as the first Black woman director to premiere at the Venice Film Festival. “Unfortunately, across the world, that’s how things seem to work. One woman gets a shot and if she does not succeed, it shuts things down for years until someone else gets a shot,” she said, according to The Root. “I am so grateful for our film to be a part of the festival but I really, really want it to perform well. There’s so much talent out there—so many talented directors—so if One Night in Miami gets it done here, you’ll...

SoLo Funds Becomes The Only Black-Owned Fintech Startup To Acquire B Corp Certification

SoLo Funds is a capital marketplace reimaging how traditional lending platforms should operate in communities. Founders Rodney Williams and Travis Holoway created a solution to financially empower underserved communities. The fintech company was launched after witnessing the economic hardships of close peers and family members that arose during an unplanned emergency.  In fact, most Americans can not afford a $1,000 surprise expense, according to a new survey. For cash-strapped Americans who do not have aid from family members or access to financial solutions, the founders pondered, “Where can they go for assistance?” This question served as the premise for SoLo Funds’ inception in 2015. The company prides itself in offering equitable solutions to build minority communities. Now through the company’s mobile app, individuals looking to acquire emergency capital can acquire a loan in less than 30 minutes. “For us, this is huge. I think about what the community bank is supposed to do...

Dec 2, 2021

Afrobeats Artist Davido Raises $600K Via Social Media For Orphanages Across Nigeria

Afrobeats artist Davido took to his Twitter platform on Nov. 17 to make a bold financial request of his social media followers that would cement a new tradition for the “Fall” singer to celebrate his birthday. “If u know I’ve given you a hit song .. send me money,” he said via Twitter. If u know I've given you a hit song .. send me money …. una know una selves oo 😂😂😂🥰🥰🎉🎉 — Davido (@davido) November 17, 2021 The newly turned 29-year-old followed the tweet by sharing his Wema bank account information and jokingly telling his supporters he would need $100 million Nigerian naira ($243,000 USD) to clear his Rolls-Royce from a port. Within minutes, the Nigerian-American artist had racked in over $15,000 USD and he made sure to keep fans and his peers updated with screenshots of incoming transactions. The amount would soon climb to $200 million Nigerian naira (over $487,000 USD) shattering Davido’s expectations. Then, Davido shared with his audience of 22 million users on his Instagram...

Nov 22, 2021

Mastercard Honors Harlem's Iconic 'Grandma's Place' In New Campaign Featuring Small Businesses

Mastercard is putting small businesses in the spotlight in their latest campaign, and one of them is Black-woman-owned. As the official payment service for the New York Road Runners, Mastercard launched “50 Years and Running” to highlight their support of the TCS New York City Marathon. Captured by documentary filmmaker Nick Heller, the campaign features three small businesses along the marathon route , including Black woman-owned Grandma’s Place — founded by Dawn Harris-Martin, “lovingly referred to as ‘Grandma Dawn'” Davey’s Ice Cream and Bronx Native. View this post on Instagram A post shared by Grandma Dawn (@grandmasplaceharlem) “The issues facing small businesses have changed radically in the 50 years since the TCS New York City Marathon began, and the impacts of the pandemic have only amplified and evolved these challenges,” said Heller in a press release. “Running a business takes the same dedication, hard work and grit it takes to run a marathon. We’re proud to pay tribute...

Nov 9, 2021

Rapper IDK And Credit Karma Want To Help You Wipe Out $10K In Outstanding Debt

Rapper IDK and Credit Karma are teaming up to encourage financial management. The partnership proves to be a full-circle moment for the American rapper who credits the personal finance company for teaching him the importance of credit and financial literacy, Forbes reports. Despite the rapper’s name standing for Ignorantly Delivering Knowledge (IDK), his contributions to the partnership embody the complete opposite. Evidently, using his influence and stature to improve the lives of others is nothing new for the musician. As AfroTech previously reported, IDK was tapped to teach a 10-day music business crash course at Harvard University for entry-level industry leaders. Under the partnership, there will be an opportunity for contestants to secure a $10,000 prize to pay off the outstanding debt by competing in a contest. Participants who tap in will need to share their stories on how they collected debt and what steps they are implementing to eliminate their debt. Following the...

Nov 5, 2021

Target Commits $100M To Help Fuel Economic Prosperity In Black Communities

One thing about Target, they’re going to pay it forward. As AfroTech previously reported, the retail giant announced this past April, that it will provide $2 billion in support toward products from over 500 Black-owned businesses. Now, they’ve announced in a blog post that they will be allocating $100 million in funding to Black communities through 2025. With this new commitment, they aim to fuel economic prosperity to Black-led organizations as a part of their Target Forward Strategy designed to ensure the company equitably represents the communities they serve. “As one of the largest retailers in the U.S., we know we have the responsibility and opportunity to use our resources to help end systemic racism and accelerate economic prosperity for Black communities,” said A manda Nusz , President and Corporate Responsibility senior of the Target Foundation, in a blog post. “With this commitment, we aim to support the next generation of Black talent, expand the impact of Black-led...

Oct 13, 2021

Jay-Z Invests In Flowhub, A Cannabis Tech Company With A Valuation Of Over $200M

Just last year, Hip-Hop billionaire Jay-Z made his grand entrance into the cannabis industry with the launch of Monogram, in partnership with Caliva, as AfroTech previously reported. Now, the billionaire is hungry for more as he embarks on a new investment in Flowhub — a cannabis technology company — a retail point-of-sale platform for dispensaries. The news broke on Oct. 12 as Flowhub closed on a $19 million round of strategic funding joined by Jay-Z and led by Headline and Poseidon, according to PR Newswire. The valuation for the company now totals nearly $200 million to date. “We are thrilled to announce this capital raise. Headline is an incredible Silicon Valley-based venture capital firm, Poseidon is a pioneer investor in the cannabis industry and Jay-Z is a cultural and creative global force no matter the industry he is involved in,” Kyle Sherman, founder and CEO of Flowhub, revealed in a press release. “I couldn’t think of a better group to be working with as we take this...

Oct 12, 2021

Viral First Grader Who Wore A Mask In His School Photos Receives Over $30K Toward College Fund

When first grader Mason Peoples went to take his school picture, a Dorian Studio photographer presented the six-year-old with a difficult question which turned into a hilarious exchange that went viral on his mother Nicole Tucker’s Facebook last week. Sporting his mask, the photographer requested for Mason to take off his mask for his shining moment. Following his mother’s orders Mason responds, ”My mom said to keep it on all the time unless I’m eating and far from everybody.” The photographer reportedly suggested to Mason the removal of the mask would only be temporary to take the picture. The first grader insists, “No, Thank you, I always listen to my mom!” The photographer responds, “Ok, say cheese!” The standard protocol for Dorian Studio is to verify with schools if masks are optional for students prior to conducting the portraits. Upon approval from the school, the photographer presents the option to students, Good Morning America reports. “If students don’t want to [remove...

Oct 4, 2021

Fintech Startup Qoins Reaches Milestone Of Paying Over $20M In Consumer Debt

With the help of financial innovations, the road to financial freedom is becoming more accessible for Black people and communities of color, and Qoins is a fintech startup helping to lead the way in continuing the streak of progress. Since its launch, Qoins’ mission has focused on helping their users pay off their debt and put money into their savings. Qoins’ strides in the financial wellness space have seen continued success and the app recently reached its latest milestone of paying over $20 million in consumer debt, according to a press release provided to AfroTech. “People of color, we tend to get the short end of the stick when it comes to interest rates,” co-founder Nate Washington tells AfroTech. “I can go into a whole spiel about how the credit score system is against us. For us, being able to see that impact and continue to get those testimonials where people tell us, ‘Hey, you really helped me pay off my student loans or my credit card and now I can actually do something...

Oct 4, 2021

Regina King Partners With Wells Fargo To Help Underserved Communities

Oscar-winning actress Regina King is lending a big hand to improve financial literacy in underserved communities. According to a press release announcement, the Oscar winner is partnering with banking giant Wells Fargo to promote financial literacy. King is also featured in their latest campaign “Real Life Ready,” which promotes Wells Fargo’s Active Cash Visa card and rewards system that suits the consumer’s daily needs. “We are thrilled to be working with Regina King, whose own authenticity is showcased in our campaign, as she demonstrates through her genuine life experiences how Active Cash is a straightforward credit card that makes it easy to earn 2% cash rewards on purchases,” Krista Phillips, Wells Fargo’s head of branded cards and marketing, said in a press statement. “I was drawn to Wells Fargo given the bank’s continued commitment to underserved communities,” King said in the same press statement. She is also the first major face to partner with the banking giant. As an...

Sep 30, 2021

How Timing And Going Viral Just Changed One Artist's Life: 'Five Days Ago I Was Homeless'

A random store run on Easter Sunday changed this man’s life forever! Richard Hutchins was once an artist who lived on the streets of Los Angeles, but now he’s turning his life around after landing his paintings in the right hands. According to The Grio, Hutchins began living on the streets due to his art studio burning down a few years ago. That all changed during a trip to Ralph’s grocery store when Hutchins met Charlie Rocket, a philanthropist and founder, who just so happens to be the former manager to the rapper, 2 Chainz. In an interview with TMZ, Rocket explains the moments that led up to meeting Hutchins. “I went into Target, and I’ve never seen Target closed before, Walmart, Target, they’re just always open,” said Rocket. “So I was like, you know what, let’s go over to Ralphs, we pull up to Ralphs, and this guy is sitting on a shopping cart with amazing energy. [Richard] said, ‘Nephew, I like your car let me drive it.’” For Rocket, meeting Hutchins was fate. “I was like, ‘I...

Jul 6, 2021

Ava DuVernay Adds 'Doctor' Title To Her Name After Receiving Honorary Degree From Yale University

Award-winning filmmaker Ava DuVernay is adding yet another unique title to her very lengthy resume. The past Saturday, May 22, marked the 320th Commencement ceremony for Yale University in which the college’s 2021 graduating class of undergraduate, professional, and graduate students gathered to be recognized for their latest academic accomplishment, Yale News reports. DuVernay was among those who were honored where she received an honorary doctorate degree from the university. She is now considered to be a Doctor of Fine Arts. “Creator and critic, you portray the richness and variety of human experience from all angles. By elevating others, you bring new stories into focus and amplify voices we need to hear,” Yale released in a tribute statement to DuVernay. “Hollywood maverick, for challenging us to reckon with our past and our present, and for working to change both an industry and society, Yale is pleased to confer on you this Doctor of Fine Arts degree.” Following the ceremony,...

May 26, 2021

31 Influential Black Women Who Accomplished Famous Firsts to Make History

Women’s History Month is all about uplifting generations of hard-working women who are becoming pioneers in their own right every single day. This year, AfroTech is amplifying the famous firsts of Black women today who have defied the odds to open doors and break glass ceilings for us all. Here are all the Black women who have and continue to inspire the next generation of young Black women to be the leaders of tomorrow: Kamala Harris Photo Credit: Chris Carlson/ AP Kamala D. Harris made history as the first Black, first Asian-American, and first woman to ever be elected Vice President of the United States of America. She accomplished this historic feat after serving as the District Attorney of San Francisco, California Attorney General, and a U.S. Senator. Stacey Abrams Photo Credit: Mike Coppola/Getty Images Stacey Abrams — a political strategist and former minority leader of the Georgia state House — is the reason the state of Georgia turned blue for the first time in 30 years to...

Mar 1, 2021