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Jay-Z Turns First Hip-Hop Billionaires

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Following the latest rankings by Forbes, Jay-Z has joined the gang of billionaires with his wealth estimating at $1B, making him the first hip-hop artist to attain such position.

The artist’s primary holdings follow was calculated by Forbes looking at the artist’s stakes in companies like Armand de Brignac champagne applying our customary discount to private firms then added up his income, subtracting a healthy amount to account for a superstar lifestyle, which were then vetted by “a roster of outside experts.”

Here are Jay-Z’s line of businesses and how he has been able to amass so much wealth;

Armand de Brignac champagne: $310 million, Cash & investments, including a stake in Uber worth an estimated $70 million, $220 million. D’Ussé cognac: $100 million, Tidal streaming service: $100 million, Roc Nation: $75 million, Music catalog: $75 million, Art collection: $70 million and his Real estate business which is worth $50 million.

It would be recalled that back in 2018, Jay-Z overtook P.Diddy to become the wealthiest person in hip-hop

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Entertainment

Ilebaye Wins Big Brother Naija All Stars

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By Eric Elezuo
Kogi State born, Ilebaye Odiniya, has won the Big Brother Naija All Stars season, defeating Mercy Eke in the finals.
She carts away a whopping N120 million and other mouth watering prizes.

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Glo Signs Asake, Kizz Daniel, Chike As Brand Ambassadors

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Total telecommunications solutions provider,  Globacom, on Friday explained that it appointed the trio of Ahmed Ololade, a.k.a Asake; Oluwatobiloba Anidugbe Daniel popularly known as Kizz Daniel and Chike Ezekpeazu Osebuka as ambassadors

Asake, a graduate of Theatre Arts from the prestigious  Obafemi Awolowo University, Ile Ife, Osun State; Kizz Daniel, a degree in Water Engineering from the Federal University of Agriculture, Abeokuta, Ogun State and  Chike, a Computer Engineering graduate of Covenant University, Ota, Ogun State were signed to the Glo family  at the Mike Adenuga Towers, Victoria Island head office of the telecommunications giant.

Globacom noted that the announcement of the three brand ambassadors was part of its celebration of the 20th anniversary of Glo and added that it appointed the new ambassadors. “to project the power of youth and enterprise and how much they can achieve with the right focus, passion and dedication that can come from seeing others who have succeeded. This is very much part of our tradition as we believe the strength of a nation lies in the ability and potentials of its youth”.

“The engagement of these three stars as ambassadors “is meant to project the best Nigerians as models for younger people who are tirelessly aspiring to succeed. This is more important in an era where positive heroes and mentors are scarce and hard to come by. The intention is not just to promote the growth of music, Nollywood and sports where we have been very prominent, but also to encourage our teeming youths to aspire toward realizing their dreams by looking up to these ambassadors as mentors”, the company disclosed.

Globacom, Nigeria’s  biggest corporate supporter of arts and entertainment in Nigeria, has, over the years developed and sustained the culture of empowering talented and outstanding Nigerian artistes as ambassadors.

While congratulating the new ambassadors, Globacom urged  youths not to relent until they achieve their dreams like Asake, Kizz Daniel and Chike. It added that  “this is our way of inspiring a whole generation of young people with vision who can do better and achieve more without losing hope along the way, even when confronted with challenges”.

The new ambassadors expressed appreciation to the Chairman of Globacom, Dr Mike Adenuga Jr., promising to represent the Glo brand well by constantly projecting its ideals.

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Mohbad: Ikorodu ‘Cultist’ Threatens to Kill Naira Marley

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By Eric Elezuo

A man, who identified himself as Obama, in a viral video, posted by Ogunsuyi Kehinde David @kennywhite234, has threatened to kill Afro hip hop singer, Naira Marley, if he comes to Ikorodu.

The man, who appeared pissed off at the burial site of Mohbad, and said to be cult leader, was seen issuing death threat at Marley in company of other equally aggrieved young people. They accused the musician of being responsible for Mohbad’s tragic death on Tuesday.

It is imperative to note that ever since the death of the 27 year-old singer was announced, the internet has been awash with accusations of culpability against Naira Marley. They said he knows one or two things concerning the death.

Recall that Mohbad and Naira Marley were once part of the same music family. Mohbad, a young rapper, was signed to Naira Marley’s record label called Marlian Records. However, things between them turned sour, and they went their separate ways in 2022. There were hints of trouble before their split.

Mohbad had posted messages on social media, suggesting that he felt threatened and was having problems with Naira Marley and his team. He even shared photos from a hospital bed, claiming he was assaulted. This made people wonder if there were issues between them.

While many suspected that their disagreements might have played a part in Mohbad’s tragic death, there is no concrete evidence to confirm this.

Furthermore, the exact details of what happened between Mohbad and Naira Marley are still sketchy but nonetheless the music community is sad and it appears their anger is directed at the “Soapy” crooner.

Apart from the Ikorodo threat, Naira Marley has received condemnations and more concerning the death of Mohbad.

Mohbad, who died on Tuesday, was hurriedly buried on Wednesday, less than 24 hours after his death.

More will surely be heard concerning the death of Mohbad in the days ahead.

Watch video here:

https://twitter.com/kennywhite234/status/1702056550750101794/mediaviewer?mode=profile

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