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Inside The Investments And Moves That Potentially Helped Chamillionaire Build An Estimated $50M Fortune

Chamillionaire’s status was destined once he chose his stage name. Born Hakeem Temidayo Seriki, Chamillionaire started in the music industry alongside Paul Wall after forming their group, The Color Changin’ Click. By 2005, the rapper was officially solo once he released his debut album, “The Sound of Revenge,” which featured his four-time platinum hit single, “Ridin’.” After his sophomore album, multiple projects, and parting ways with Universal Music Group, Chamillionaire became more focused on entrepreneurship. According to Celebrity Net Worth, the rapper-turned-businessman’s pivot has brought his net worth to an estimated $50 million.

May 10, 2023

Women-Led Startup Using AI To Provide Buyers With Wig Customization Receives Backing From Serena Ventures

After raising $5 million in funding, Parfait is on its way to disrupting the wig industry with the help of technology. The women-led startup is said to be the first to integrate facial recognition and artificial intelligence to provide buyers with customizable wig products. According to a press release sent to AfroTech, the seed round was spearheaded by Upfront Ventures and Serena Ventures. Ulu Ventures, Unshackled Ventures, Contrary Capital, Visible Hands, TRUE Capital’s Culture Fund, Omar Johnson, Chamillionaire, Tristan Walker, and Upland Workshop participated in the round. “Parfait’s mission to leverage Al to solve core issues for both the tech industry and communities of color is something we, at Serena Ventures, have believed in since the beginning,” said Serena Williams, Managing Partner at Serena Ventures, in a statement. “She went on to say “It’s been inspiring to witness their incredible achievements so far, and we’re proud to invest in this next phase of Parfait’s...

Apr 11, 2022