Diddy’s legal battles prompt asset sales as he remains in custody
Combs was arrested last week and remains in custody after twice being denied bail.
black billionaire
Vista Equity, under America’s second-richest Black billionaire, joins Blackstone in $8.4-billion Smartsheet deal
This acquisition is expected to deliver substantial value to Smartsheet’s shareholders and aligns seamlessly with the investment strategies of both firms.
David Steward secures position as richest Black billionaire in U.S. with $12.7-billion fortune
This spike in his wealth has re-established Steward at the top after a series of fluctuations earlier this year.
Michael Jordan sells mansion for $14.85 million after 12 years on the market
The sale comes 12 years after the sprawling, custom-built estate was first listed for $29 million in 2012.
Jay-Z’s entertainment company announces $300 million scholarship fund
This ambitious program was unveiled on June 7 and targets children from Kindergarten through Grade 12
Revolt unveils new ownership after Sean ‘Diddy’ Combs sells his shares
Diddy divested his stake in March amid ongoing federal investigations and sexual abuse allegations against him.