Ja Rule turned down an opportunity of a lifetime to star in one of the largest movie franchises in box office history.
Jun 5, 2023
Owning a music label is one thing, but owning one that rakes in the dough is another story. Music is embedded in the DNA of Murder Inc. founder Irv Gotti. He went from being the man that was Jay-Z’s first deejay, to the man calling the shots for one of the hottest labels in the industry during the 2000s. Thanks to heavy hitters like Ashanti, Ja Rule, and Lloyd, Gotti’s label was unstoppable — until it wasn’t.
Sep 12, 2022
Ja Rule has kept his promise to support Historically Black Colleges and Universities (HBCUs). The Grammy-award-winning artist launched The Painted House alongside business partner Herb Rice in collaboration with the non-fungible token (NFT) launchpad platform — House of First — late spring. The partnership birthed the Black is Beautiful, an NFT collection featuring 1,000 total items that display Black joy and the everyday challenges of Being Black in America, as per the marketplace. Collaborators on the project also include illustrator Nick Davis, Deion Sanders, Ashanti, Tanya Sam, and Bam Adebayo, among others. “It’s basically telling the story of Black America,” Rule said, according to Bloomberg. “From our joy to our pain.”
Aug 11, 2022
Veteran Hip-Hop executive Irv Gotti may have leveled up in a huge way. Known for helping to launch the careers of artists like DMX and Ja Rule, the heavy-hitter has reportedly inked a $300 million deal with Iconoclast — a network developed to service global agencies, record labels, and content platforms, plus more. “I raised $5 million for me to shoot my movie, and I used my music catalog as collateral. When I did that, it opened up a can of worms,” he told Billboard. “My good friend Zach Horowitz, who used to be the CFO for the Universal Music Group, called me and was like, ‘Irv, are you interested in selling [your catalog]?” My guy Walter Jordan was always telling me, ‘Irv, you’ve got money there.'” He continued: “Then Zach said he knows Oliver Chastan, and he’s the best and pays top dollar. We met and it was a love fest — Oliver felt my energy and the deal didn’t take long, a couple months. I’m a very spiritual person, and it’s God and my dad who passed away on Nov. 1 looking out...
Aug 5, 2022
Ja Rule will be giving back to Historically Black Colleges and Universities (HBCUs) with the help of non-fungible tokens (NFTs).
Jul 5, 2022
From Dennis Rodman to Ja Rule, celebrities are just like us in that they, too, can make bad financial investments. Most recently, AfroTech told the story of NBA player Tim Duncan, whose scamming financial adviser cost him more than $20 million. Yet, most interestingly of all, Duncan remained unbothered by his ex-adviser’s behavior. “Luckily I had a long career and made good money. This is a big chunk, but it’s not going to change my life in any way. It’s not going to make any decisions for me,” he said. But while the likes of Tim Duncan can easily bounce back from bad financial investments, not every celebrity is quite as lucky. These celebrities made bad financial investments — let’s take a look at how it worked out for them.
May 3, 2022
‘Tis the szn to gift NFTs? The answer to that question is “yes” for rapper Ja Rule, who has decided to step away from the norm and adopt a new tradition this holiday by gifting his children non-fungible tokens (NFTs). “The kids are big now… I like to give them stuff that [is] more meaningful now in the financial world, and in the investment world… so I probably will give them some cool NFTs this Christmas and get them into the art world,” Ja Rule told Page Six. Ja Rule — who has three children with Aisha Murray — thinks the gesture will be worth it in the long term since the NFT space continues to take off. “I want to get my kids into the NFT space,” Rule said, according to the outlet. “I think I want to do that for them this Christmas ’cause it’s cool and different. It is an investment, stuff that they can have to watch and grow with them as they are getting older because it’s gonna be a great investment.” Ja Rule celebrated his first Christmas around the age of 12, according to...
Dec 20, 2021
Celebrities of all shapes, sizes, and colors can only dream about having multi-million dollar deals. But there are some celebrities who prefer to walk away because they are worth so much more. In some cases, the decision to walk away from hefty paydays — whether on principle or on principal — proves to be a wise one. There are plenty of celebrities who play the long game that end up getting more in dividends because they chose to hold out for what they felt they deserved. And then there are other cases where the celebrity doesn’t know when to hold them — or when to fold them — and the consequences are devastating (We’re sure, for example, that Matt Damon could use that extra couple million right now. Should’ve done “Avatar,” sir, and you wouldn’t have the disaster of “Stillwater” to contend with). Did you know, for example, that Dwayne “The Rock” Johnson turned down the opportunity to host the 2019 Oscars? According to Us Weekly, the wrestler-turned-multi-hyphenate was the first...
Sep 20, 2021
The worlds of cryptocurrency and Hip-Hop continue to collide. Rapper Ja Rule recently helped launch Flipkick.io — a non-fungible token (NFT) marketplace — alongside co-founders Robert Testagrossa and James Cropcho. According to Bitcoin.com, it’s “a full-service NFT marketplace that caters to artists, celebrities, and creators who want to monetize their work with physical NFTs.” “It’s just a smart thing to be able to authenticate physical artworks cryptographically and let these amazing artists be able to enjoy the fruits of their work and it was never possible before in the past. So I really applaud what Flipkick is as far as the physical NFT space,” Ja Rule told Bitcoin.com. Ja Rule’s love for the tech space drew him to hopping on board with Testagrossa and Cropcho to bring the unique idea of Flipkick to life. “As I got into NFTs I noticed a dope project and the whole angle was something different, which I really loved,” Ja Rule told Bitcoin.com. “The angle of taking physical works...
Sep 13, 2021