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24-Year-Old Actress Yara Shahidi Explains How She Increased Her Salary At A Younger Age By Hiring A Lawyer

24-year-old actress Yara Shahidi felt protected when she entered the entertainment industry. At just 6 weeks old, she landed a photo shoot gig for a life insurance company, and by 6 years old, she had her first movie audition. In an interview with SoFi, led by Vivian Tu of Your Rich BFF, the actress reflected on her experience, noting that she was able to enjoy acting as a craft rather than as a means to support her family — a privilege she acknowledges isn’t always afforded to child stars. “My parents were able to set it up so that we had either family members or people that were helping us that were on set with another brother that were looking after me where they were able to dip out and do things for themselves,” she told SoFi. “So it was under that environment where I was able to have a fulfilling career at a young age and even be in my 20s, and say I’m happy I started that young. But it was so particular to being under those set of circumstances, which allowed me to enjoy...

Dec 4, 2024

Keke Palmer Says Her Father Sacrificed His Pension While Her Mother 'Gave Up Everything' For Her To Pursue Her Dreams

Keke Palmer has no regrets about being the breadwinner for her family. As previously reported by AFROTECH™, Palmer earned her first $1 million at just 12 years old as a child actress . At that time, her parents, Sharon and Larry, also hired a business manager to help oversee her finances. “They wanted me to know that they weren’t the ones controlling my money. They had heard these stories, and my mom said ‘I don’t want money to come in between me and my child,'” Palmer said on the “Club Shay Shay” podcast. Her parents would remain her backbone as she found her footing in Hollywood. Her early acting footprint included roles in “Barbershop 2: Back in Business”, “Akeelah and the Bee,” and “Jump In!” In 2008, she landed her own show on Nickelodeon with “True Jackson, VP” and her “life was changed after that,” she told People. “I was happy my family, we came to California for me to pursue my dreams I got my own show, right. H oney, my parents at their best made $40,000 a year growing...

Dec 2, 2024

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

Katt Williams Purchases Land In Alabama To Open Movie Studio — 'It’s Just Not Fair To Put All That Pressure On Tyler Perry'

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...

Nov 25, 2024

Artist Tierra Whack Wants To Normalize Conversations Surrounding Financial Literacy

Tierra Whack wants to normalize conversations around financial literacy. The rapper, originally known as Dizzle Dizz, has teamed up with Venmo for its financial education series, “Money Talks.” The series features a range of artists and entrepreneurs, some of whom are Whack’s peers. Kicking off its second season, Whack sat down with North Philadelphia designer and seamstress Adriana Williams, who works a 9-to-5 while scaling her lifestyle brand. “We realized, we have so much in common and we had the same struggles,” Whack, a North Philly native, told AFROTECH™. “I really was like enlightened when I was talking to my friends, when we were filming. I’m like, ‘Yo, this is crazy.’ These are friends I talk to almost like at least twice, three times a week. And then we sat in front of the camera and I’m like, ‘Yo, I never knew you were going through this. I didn’t know.’  I don’t know what it is about us, but  that’s just kind of like the unspoken thing. Venmo helped us break the ice. I...

Nov 18, 2024

Dwayne Johnson Once Fired His Agents Because They Did Not Believe He Would Have Success That Matched Will Smith — Now He's Worth $800M

Dwayne Johnson decided to fire his agents because he saw the bigger picture. Johnson first put his name on the map as a professional wrestler, inspired by his father, Rocky Johnson, who had a legendary resume within the sport and was honored as a WWE Hall of Famer. “I think I’m going to like professional wrestling,” Johnson remembered, according to a conversation with GQ. “So we fought. [My dad] didn’t want me to get into it. And then I wound up having the career that I had. And he was proud. But he also wrestled with a lot of my success, and I know that as his son.” Johnson would later find a commonality between wrestling and acting. He revealed to GQ that he pivoted attention towards Hollywood, understanding that he could still reach the masses as an actor. “When I got into the business of Hollywood and moviemaking, it’s like, ‘Okay, well, what kind of movies do I want to make? I want to make movies that hopefully are good, that don’t suck. But also reach as many people as...

Nov 13, 2024

Actor Taye Diggs Says He's 'Still Learning When It Comes To Managing Money' But Has His Eyes On Investing Into Real Estate

Industry veteran Taye Diggs has come a long way in the entertainment industry. In an email interview with AFROTECH™, “The Best Man” actor reminisced on his early career, sharing how he spent his first paycheck as an actor. With three decades in the industry, his first role was “Carousel” in 1994, with his big break coming four years later in “How Stella Got Her Groove Back.” “I remember I bought a tailored suit from the then fashion icon, Barney’s. It took me a while to switch my mindset from so-called immediate needs and wants to having more of a ‘full picture’ perspective that takes the future into consideration,” he recalled. Portfolio He acknowledges that financial management is an ongoing learning journey. However, his strengthened understanding of long-term planning has paved the way for him to step confidently into investing. “I’ll be the first person to admit I’m still learning when it comes to managing money. I’m excited to extend my finances into the real estate space. It...

Nov 11, 2024

Emmy Award-Winning Actress Sheryl Lee Ralph Is Being Paid $250K An Episode For Her Role On 'Abbott Elementary'

Sheryl Lee Ralph is among the greats who have lived to smell their roses. Today, she is widely recognized as an actress, but her journey began at Rutgers College. She initially enrolled at just age 16, the school shared, with plans to study pre-med before discovering her true calling in the arts. “I’m an immigrants’ child,” Ralph said, according to Elle. “My mother had very big dreams for me. In her words, it was, ‘Be a doctor or a lawyer, and if you can’t be either, marry one.’” Despite her mother’s desires, Ralph would pivot towards acting. She discovered her passion for the arts while working on a school play. “I found my passion on the stage of the Little Theater on the Douglass College campus,” she said, according to an article shared by the school. Based on an article from Philadelphia magazine, when Ralph was 20 years old, she landed her big break, featuring in the 1977 film “A Piece of the Action” alongside Sidney Poitier. Two years later, she made her television debut on...

Nov 6, 2024

'Scary Movie' Franchise Makes A Comeback After Marlon Wayans Said It Had Been 'Snatched' And They Weren't Offered A Deal

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...

Oct 30, 2024

Despite Pressure To Pursue Finance, Lance Gross Followed His Acting Dreams After Discovering His Passion At Howard University

Attending an HBCU helped Lance Gross realize his dreams of becoming an actor. The Oakland, CA, native had envisioned he would establish a career in entertainment. However, his parents initially had other aspirations, encouraging him to pursue finance and business . “I went against the grain. I like to take a chance on myself. I always bet on myself,” Gross told AFROTECH™ on Saturday, Oct. 18, at the Off The Yard Festival at The Bullpen in Washington, DC. There he served as an event partner for the spirit company DIAGEO, celebrating Howard University’s 100th anniversary and sharing in its mission to elevate HBCUs. “I had to do what I loved and what I loved was entertainment. And I’m a creative person, and I feel like I’m not living unless I’m creating. For me, it was a no-brainer. Now, I had some convincing to do with my parents, and also I was on a full track and field scholarship, so I had to convince my coach as well. But, I’m from Oakland, CA, so I’m gonna make it work. We know...

Oct 21, 2024

Larenz Tate Explains Why He Was OK With Being Paid ‘Peanuts’ When He First Joined ‘Power’

Larenz Tate isn’t looking for a money grab when pursuing acting roles in Hollywood. The “Love Jones” actor took the stage on Oct. 12 during the Building Wealth Today for Tomorrow (BWTT) Financial Empowerment Summit held at Chicago, IL’s UIC Forum. The one-day event, free to attend, is designed to promote generational wealth building. “Building Wealth Today for Tomorrow is the largest financial education program of its kind. It brings together experts and leaders from businesses, community organizations, and city, state, ​and federal agencies to lead workshops and discussions that help Chicagoans build a more financially secure future,” Chicago’s City Treasurer Melissa Conyears Ervin said in a statement shared with AFROTECH™. Taking to the main stage, Tate, Westside Chicago’s very own, was candid about his foray into the entertainment industry, which unfolded after he moved to Los Angeles, CA, with his family to join his father, Larry, who worked in education for a number of years....

Oct 17, 2024

Druski Discusses The Businesses Of His Ventures — ‘I Self-Fund Everything, And We 100% Own All Of The IP’

Druski is investing in his dreams. Druski, born Drew Desbordes in Columbia, MD, began his journey by posting skits on Instagram under the handle druski2funny. The comedian’s social presence has continued to rise. 2020 served as a pivotal year, with his skits generating 1.5 million views and catching the attention of celebrity figures such as Jack Harlow, Odell Beckham Jr., and Drake, making a cameo in the rapper’s “Laugh Now Cry Later” (2020) video, Complex reports. On Instagram alone, Druski’s following has grown to 8.2 million. Additionally, his comedic footprint has led to a net worth exceeding $1 million as of 2023. As AFROTECH™ previously mentioned, the feat is a result of ventures including live shows, tours, and partnerships with companies including teampixel, RGG Studio and SEGA, and PrizePicks. View this post on Instagram A post shared by DRUSKI (@druski) Despite his success, being a comedian was not initially a goal post for Druski until he found himself depressed as a...

Oct 17, 2024

Keke Palmer Says She Learned To Live Under Her Means After Filing For Bankruptcy At 18 — 'I Got A Toyota Right Now In My Driveway'

Keke Palmer is more wise with her earnings after filing for bankruptcy in her early adult years. The Illinois native, born in Harvey but raised in Robbins, entered into the industry as an actor at the tender age of 9 years old. She snagged her first role in the film “Barbershop 2: Back in Business” (2004) and was later featured in “Madea’s Family Reunion” (2006) as Nikki before landing her first lead role in “Akeelah and the Bee” (2006), reports US Weekly. For many child stars, navigating the industry is a journey, and Palmer had the backing of her parents throughout the highs and lows. They took the step of hiring a business manager when she was 12. “That has helped me immensely,” she said during the Building Wealth Today for Tomorrow Financial Empowerment Summit held on Oct. 12, 2024, at the UIC Forum in Chicago, IL. Despite the guidance of a business manager, Palmer still found herself in financial troubles. When she was between 18 and 19 years old, she filed for bankruptcy. “I...

Oct 16, 2024

Tyler James Williams Started His Career At Age 4, And It's Paying Off As The Pay For His 'Abbott Elementary' Role Is Now $250K An Episode

Tyler James Williams will be able to enjoy the fruits of his labor. The trajectory of Williams’ career as an actor, which began when he was 4 years old, has reached new heights due to his role as Gregory Eddie on the ABC hit sitcom “Abbott Elementary,” created by Quinta Brunson. View this post on Instagram A post shared by Quinta Brunson (@quintab) Williams’ character centers a first-grade teacher in an underfunded, public school in Philadelphia, PA. According to NPR, he worked closely with Brunson to workshop the character. “I think from the minute we got on the phone about it, Gregory became a collaborative effort,” he explained to the outlet. “We very quickly had a conversation about the importance of showing an active Black male struggling with and attempting to do a really good job in raising the next generation, because those are the men I grew up with, and those are the men that she grew up with.” Williams later added, “I love that his story isn’t rooted in some sense of...

Sep 24, 2024

50 Cent Says Once Starz Greenlit 'Power' He Was Getting Paid $17K For Playing Kanan, Executive Producing, And Serving As A Music Supervisor

50 Cent faced some growing pains when launching his series “Power.” While speaking on the podcast “Earn Your Leisure,” he notes a time when there was a clear division between television and film production. When he was looking to introduce “Power,” he felt there was major pushback. “A ctors that were successful on TV, the film actors wouldn’t go near them, like they would stay away from it because they felt like it was a higher grade of quality, that they wanted to stay with more cachet with you being a movie star than you being a television star,” he recalled. “Now we’re producing premium projects that allow Forest Whitaker and “Godfather of Harlem.” You see Academy-Award-winning actors choosing television ’cause it builds a consistency, and they can pay out the money that keeps the talent happy with staying there, but you do need to know with ‘P ower’ everybody told me no. I pitched that show to all of the networks, and they were like ‘No,’ and I wanted to make the project so...

Sep 20, 2024