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By now, just about every fan of basketball has become well acquainted with the generation-defining legacy of Kevin Durant. The beloved NBA star is regarded as one of the greatest players of all time for his passionate performance, making him one of the most sought-after small forwards in the entire league. Over the course of his 16 seasons on the court, Durant has played for 4 teams, and amassed hundreds of millions of dollars in salary alone. According to Celebrity Net Worth , Kevin Durant currently touts a highly impressive net worth of over $300 million. While this sum comes primarily from his NBA salary, Durant has also bolstered his nest egg with money from endorsement deals , real estate, and many other prudent investments. Given that KD is undeniably in the GOAT conversation, now seems like as good a time as any to take a deep dive into his multiple revenue streams, and see what we can learn about his financial portfolio. For those looking to study the moves of...
Morgan Freeman is a beloved actor , producer, and public figure who has been an instantly-recognizable figure in the entertainment industry for over five decades. The velvet-voiced thespian has given such landmark performances in his day that he’s often associated with god himself, simply because he portrayed the larger-than-life role in the 2003 movie “Bruce Almighty.” According to Celebrity Net Worth , Morgan Freeman has amassed an enormous fortune of more than $250 million. While this nest egg is impressive by any measure, it’s especially incredible as Freeman comes from very humble beginnings, and has lost multi-million dollar figures in disputes such as his 2010 divorce. Any way you slice it, Morgan Freeman’s net worth paints a compelling picture of his longevity, creativity, and resilience, and solidifies his position as an inspiration to us all. Now that the long-standing GOAT of voiceover narration has just celebrated his 87th birthday, this seems like as good a time as any...
A new health clinic has opened in Michael Jordan’s hometown of Wilmington, NC, following a generous donation by the NBA legend. As AFROTECH™ previously reported, Jordan had donated $10 million in 2022 to support the development of medical clinics to the regional healthcare system Novant Health, which will offer its services to both uninsured or underinsured residents of New Hanover County in North Carolina. Prior to May 8, 2024, two clinics had been opened to families in town, with two others in Charlotte, NC. Speaking on its impact, residents who have “never had a primary care provider before” have “praised the clinic teams for helping restore health and a sense of hope,” according to a press release, People reports. Now, the clinic will be extending its impact in light of a third Wilmington clinic, which includes 12 patient rooms. The Novant Health Michael Jordan Family Medical Clinic has opened on Greenfield Street with the goal of bringing “much-needed comprehensive primary care...
Lionel Richie is arguably one of the most iconic voices, faces, and mustaches in all of music history. The singer-songwriter rose to prominence in the 1970s as a leader of the Motown movement and fronted the platinum-selling funk soul group Commodores before eventually going solo. He has written numerous hit records for himself and other artists, including instantly recognizable tracks such as “Hello,” “All Night Long,” and “Endless Love.” Richie has taken home Grammy Awards , Golden Globes, and even the Gershwin Prize for Popular Song from the Library of Congress. In 2022, he was inducted into the Rock and Roll Hall of Fame, due to his unmatchable achievements in music and culture. Richie has developed a reputation as one of the most successful balladeers of the 1980s, and sold hundreds of millions of records across the Earth over the course of more than 5 decades. With that in mind, it should come as no surprise that Lionel Richie touts a massive net worth of over $200 million,...
Tiger Woods’ reported payout from the PGA Tour has been revealed. As previously shared by AFROTECH™, the PGA Tour announced its $1.5 billion investment from Strategic Sports Group (SSG), which was launched to allow almost 200 PGA Tour members to become “equity holders” in PGA Tour Enterprises. The grants from the new enterprise hinge on career accomplishments, future participation and services, and PGA Tour membership status. “It was incredibly important for us to create opportunities for the players of today and in the future to be more invested in their organization, both financially and strategically,” Woods and fellow board members Patrick Cantlay, Peter Malnati, Adam Scott, Webb Simpson, and Jordan Spieth shared in a joint statement. “ This not only further strengthens the Tour from a business perspective, but it also encourages the players to be fully invested in continuing to deliver–and further enhance–the best in golf to our fans.” Moreover, d uring a conference call with...
Chris Paul has entered into a partnership that considers the financial futures of the youth. Goalsetter, a fintech company founded by Tanya Van Court, has shared results from a study it conducted with Ivy League university students revealing a significant lack of understanding when it comes to personal finances. When surveying 1,065 undergraduate students from Harvard University, Stanford University, and the University of Pennsylvania, t he study revealed that the students answered on average only 51% of its financial education questions correctly. The questions were at the high school standard, and the percentage of acuity decreased even further when looking at only underclassmen, with scores of 48%. Furthermore, only 13% of students who took the quiz scored above a C-. To create better outcomes, Goalsetter is committed to targeting financial initiatives towards the youth, and the company is strengthening its efforts through a partnership with NBA player Chris Paul, Oakland Fund...
This Tuskegee, AL-based Historically Black College and University (HBCU) has received a whopping donation. According to a news release, an anonymous donor has donated $20 million to Tuskegee University, which is going toward developing STEM programs and applied research. “This gift will allow us to invest in our students, faculty, programs and infrastructure, enabling us to enhance our academic reputation, enrich the student experience, and continue our work to reach milestones within our strategic plan,” Tuskegee University President Dr. Charlotte P. Morris shared in a statement. “It will provide additional resources for us to implement vital initiatives, further securing the campus, and foster a more dynamic community.” She continued, “We are grateful for this extraordinary act of philanthropy, which will undoubtedly leave a lasting impact on our university and its community. This contribution is a testament to our collective efforts and the enduring trust inspired by the Tuskegee...
This new partnership is working to address disparities for medical patients. Premier Inc. (NASDAQ: PINC) has awarded Strands of Faith, a clean haircare brand, with a contract to supply 4,400 hospitals across the U.S. with textured hair products, according to a press release. The partnership marks one of the first haircare companies in the new category “Ethnic, Scalp, and Skincare” to receive the contract. What’s more, the press release notes that Strands of Faith will now expand its distribution network and increase its visibility in the healthcare industry.
Groundbreaking treatment has officially been conducted in a recent case of HIV. NBC News reports that an American research group may have cured HIV in a woman for the first time ever. Now, the patient has entered a rare club made up of three men who have been cured, or close to being cured, of the disease. Building on past success within the field of HIV research, scientists were able to use a cutting-edge stem cell transplant method anticipated to expand across more patients with HIV in the foreseeable future. With this huge leap toward a cure for a disease that has plagued the U.S. since 1981, the director of the Division of AIDS at the National Institute of Allergy and Infectious Diseases, Carl Dieffenbach, notes that the latest progression “continues to provide hope.”
Have you ever wanted to support your favorite HBCU, but didn’t have the means or the wherewithal to do so? This “spare change” app will help you do just that! AfroTech previously spoke with Dominique King — founder of the I Heart My HBCU app — who leveraged this technology to make donations to Historically Black Colleges and Universities (HBCUs) easy (they can be done in as little as 60 seconds) back in December of 2020. “When creating this app, it was important for me to encourage HBCU Alumni to support all HBCUs. Users can easily adjust how much or how little of the spare change they share to their five favorite HBCUs,” she said in a statement about the I Heart My HBCU app. “I Heart My HBCU became the first platform where users could donate spare change to any of the 104 HBCUs in one place.” King first launched her groundbreaking app in 2017 and became one of an elite cadre of Black female tech entrepreneurs in the space. A graduate of Howard University, King’s first goal was to...