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Dr. Dre Tops Jay-Z & Kanye West As Biggest Earner on Forbes’ “Hip-Hop Cash Kings” List

*Dr. Dre has out-earned Sean “Diddy” Combs and Shawn “Jay Z Carter to land atop Forbes magazine’s Hip-Hop Cash Kings list, with earnings of $110 million in the past year.

The financial haul, made between May, 2011, and May, 2012, was largely from sales of his Beats By Dre headphones.  Diddy came in a distant second with $45 million, while Jay Z banked $38 million to land third.

His “Watch The Throne” partner Kanye West was close behind with $35 million.  Lil Wayne placed fifth with $27 million, while his Cash Money Records cohorts Drake, Bryan ‘Baby’ Williams and Nicki Minaj – the only female in the top 10 – all follow in sixth, seventh and eighth position, respectively.  Eminem and Ludacris round out the rest of the top 10.
Read more at http://www.eurweb.com/2012/09/dr-dre-is-forbes-new-hip-hop-cash-king/#QgLH0OHch5XoWVdL.99

Dr. Dre Tops Jay-Z & Kanye West As Biggest Earner on Forbes' "Hip-Hop Cash Kings" List


*Dr. Dre has out-earned Sean “Diddy” Combs and Shawn “Jay Z Carter to land atop Forbes magazine’s Hip-Hop Cash Kings list, with earnings of $110 million in the past year.
The financial haul, made between May, 2011, and May, 2012, was largely from sales of his Beats By Dre headphones.  Diddy came in a distant second with $45 million, while Jay Z banked $38 million to land third.
His “Watch The Throne” partner Kanye West was close behind with $35 million.  Lil Wayne placed fifth with $27 million, while his Cash Money Records cohorts Drake, Bryan ‘Baby’ Williams and Nicki Minaj – the only female in the top 10 – all follow in sixth, seventh and eighth position, respectively.  Eminem and Ludacris round out the rest of the top 10.
Read more at http://www.eurweb.com/2012/09/dr-dre-is-forbes-new-hip-hop-cash-king/#QgLH0OHch5XoWVdL.99

2013 Bill Gates Scholars Program Giving Away 1,000 Scholarships To Minority Students

Every year, the Gates Millennium Scholars (GMS) Program selects 1,000 talented minority students to receive a good-through-graduation scholarship to use at any college or university of their choice. The program provides scholars with personal and professional development through our leadership programs along with academic support throughout their college career.

Microloans Becoming Growing Source Of Capital For Minorities and Women In The US

From Madame Noire Business: For years, microloans have provided a gateway to self-sufficiency for the poor around the world. Now increasing numbers of entrepreneurs here in the U.S. are taking advantage of these small loans to finance their businesses.

Michael Jordan, NBA Players To Raise Money For Obama

WASHINGTON (AP) — President Barack Obama is joining NBA legend Michael Jordan and an array of basketball stars to raise money for his re-election campaign later this month.
The Obama campaign is planning a fundraising “shoot-around” and dinner in New York on Aug. 22 featuring several NBA stars, including Carmelo Anthony of the New York Knicks, Rajon Rondo of the Boston Celtics, John Wall of the Washington Wizards and others. Jordan, who played for the Chicago Bulls, Obama’s favorite NBA team, and NBA Commissioner David Stern are co-hosting a $20,000-per person fundraising dinner with the president later in the day.
via Michael Jordan, NBA players to raise money for Obama | theGrio.

Forbes Magazine Names Jay-Z and Beyoncé World’s Highest Paid Celebrity Couple

Forbes magazine has named the hip-hop power couple at the top of their 2012 ‘Highest-Paid Celebrity Couples’ list.
The duo have earned a total of $78 million in the past year. Beyoncé took in $40 million with endorsements, album sales, and royalties, while Jay-Z took in $38 million with his Watch the Throne album sales and tour with Kanye West.  The “Crazy in Love” duo managed to accumulate so much and still took time off for the birth of their first child, daughter Blue Ivy.
Jay-Z and Beyoncé replaced last year’s highest earning couple, NFL quarterback Tom Brady and supermodel wife Gisele Bundchen, who amassed a total of $72 million this year.  Third on the Forbes list are soccer player David Beckham and wife fashion designer Victoria Beckham, who earned $54 million. Brad Pitt and Angelia Jolie are placed at fourth earning $45 million, and rounding out the list of five are Will and Jada Pinkett Smith with $40 million.
via Forbes: Jay-Z and Beyoncé world’s highest paid celebrity couple | theGrio.

Isaac Scott Hathaway Becomes First African American To Design A U.S. Mint Coin 66 Years Ago Today

Pioneering sculptor Isaac Scott Hathaway (pictured) was chosen as the first African American to design a U.S. Mint coin on this day 66 years ago. Then-President Harry S. Truman authorized a commission for the Mint to jump 
isaac scott hathaway biographystart the design of a new 50-cent piece. Hathaway received the clearance to design the coin, which featured educator and author Booker T. Washington (pictured right) who was chosen as the coin’s face because Truman wanted “to commemorate the life and perpetuate the ideas and teachings of Booker T. Washington.”

Will.i.am To Start "Ekocycle" Clothing Line With Coca Cola

Should headphones made out of recycled trash ever cost $349? It depends on how cool they are.  In hopes of giving products made from recycled materials a little more cachet, musician will.i.am and the Coca-Cola Co. are partnering to make a line of clothing and gear called “Ekocycle.” The idea is to brand recycled products with a hipper image that resonates with young consumers.
“If you think about (recycled) products now, none of them are cool,” said will.i.am, who is best known for his work with theBlack-Eyed Peas. “You have to bring some art and fashion sensibility into this technology that turns a bottle into something cool.”
The first Ekocycle product will be a pair of headphones by Beats, a popular and pricey line created by rapper Dr. Dre and music producer Jimmy Iovine – both friends of will.i.am. The Ekocycle version will cost $349, which is on the high end of the range of Beats headphones.  An Ekocycle hat by New Era will cost $32.
 

Will.i.am To Start “Ekocycle” Clothing Line With Coca Cola

Should headphones made out of recycled trash ever cost $349? It depends on how cool they are.  In hopes of giving products made from recycled materials a little more cachet, musician will.i.am and the Coca-Cola Co. are partnering to make a line of clothing and gear called “Ekocycle.” The idea is to brand recycled products with a hipper image that resonates with young consumers.

“If you think about (recycled) products now, none of them are cool,” said will.i.am, who is best known for his work with theBlack-Eyed Peas. “You have to bring some art and fashion sensibility into this technology that turns a bottle into something cool.”

The first Ekocycle product will be a pair of headphones by Beats, a popular and pricey line created by rapper Dr. Dre and music producer Jimmy Iovine – both friends of will.i.am. The Ekocycle version will cost $349, which is on the high end of the range of Beats headphones.  An Ekocycle hat by New Era will cost $32.

 

The Ten Richest African-American Actors!

African Americans in Hollywood Making Big Bucks

It’s quite obvious how African American actors have taken a prominent place in mainstream Hollywood movies over the recent decade. Quality films with meaty-roles are now casted to African American actors that have proven to draw hordes of fans to the box-office.

Gone are the 50’s and 60’s era when motion pictures where limited to ‘whites only’. Today, some of the highest paid actors making blockbuster hit films are African Americans.

Talk about movies like Training Day and Monster’s Ball that won both Denzel Washington and Halle Berry Oscars in 2002. How about Will Smith’s Men in Black and Training Day; Samuel L. Jackson’s Pulp Fiction, Morgan Freeman’s Million Dollar Baby, and Oscar-winning Jennifer Hudson’s Dreamgirls—all top grossing Black films. And the list can go on and on from movie actors, to top producers, and film directors.

With their incredible talent it’s not hard to understand why these African American actors are receiving so much love from movie fans all over the world and raking in big bucks from movie theaters.

Here’s a list of some of the highest paid and consequently richest African American actors in Hollywood today based on the net worth from Celebrity Net Worth,  Forbes and other sources. Tyler Perry, who’s the richest African American in Hollywood with an estimated net worth of $350 million, didn’t feature in our list mainly because he is more of a producer and director. Let’s see who made the list.

1. Will Smith

Estimated net worth: $215 Million
Mention ‘Will Smith’ and movies like Men in Black and Hancock will immediately come to mind. Incidentally, Will pocketed a whopping $20 million talent fee for the latest installment of the hit Men in Black III, and around the same amount for the 2008 superhero film Hancock.

Will’s acting career began in a 90’s TV sitcom The Fresh Prince of Bel-Air. But his career kicked-off after hit action movies Bad Boys and Independence Day, with the latter earning revenues of more than $800 million. Will also took home Grammy Awards for his rap music, and produced several films including Seven Pounds and I am Legend.

Born to humble parents working as a school admin and refrigerator engineer, Will has come a long way with all the success he has earned. With his millions, Will can practically buy his mom her own school!

2= Samuel L. Jackson

Estimated net worth: $150 Million
Samuel’s most recent box-office appearance were for the Marvel hit flicks Iron Man and Avengers, where he is said to have signed a contract for movie appearances in some nine other Marvel-related comic book movies… hello big bucks! Reports say he earns around $10 million each year.

With no interest in acting, Samuel was active in black student movements for civil rights in his younger years. It was only when he met actor Morgan Freeman that he was mentored in film and acting. His first movie was 1981’s Jungle Fever. Some of his important roles were in the movies Goodfellas, Pulp Fiction where he received an Oscar nominee, and Die Hard III.

Samuel remains a staunch advocate of civil rights especially for African American groups.

2= Denzel Washington

Estimated net worth: $150 Million
Denzel’s striking good looks and amazing acting skills are definitely paying off by the millions. Born and raised in New York, Denzel began his acting career in theater and slowly moved to made-for-TV-movies where he landed a role in St. Elsewhere and stayed with the TV show until its final season six years after. Around the same year, he received his first Oscar nomination for the film Cry Freedom, and the following year won Best Supporting Actor for his amazing performance in the film Glory.

Denzel is the second African American actor who ever won a Best Actor Oscar; he won for the movie Training Day. Denzel is an actor, scriptwriter, producer, and director with an annual pay of around $40 million. Now, that explains his $150 million net worth.

4. Martin Lawrence

Estimated net worth: $110 Million
Whoever said comedy couldn’t earn millions? Martin is popular for his comedic roles as a thief, a cop, or both. He established his name in Hollywood after starring in hit movies Bad Boys, Blue Streak, and Big Momma’s House.

He started as a stand-up comedian with his own TV series in the 90’s called Martin which began bringing in big bucks to his career.

5. Ice Cube

Estimated net worth: $110 Million
O’ Shea Jackson a.k.a Ice Cube began as a rapper and songwriter for the controversial band N.W.A. He was still in high school when his interest for hip-hop started, and he may never have thought he would be rapping his way to becoming a millionaire. His group N.W.A. performed at parties and influential events, until he left to go solo in 1989. He released albums such as Kill at Will that went gold and platinum in the hit charts! Cha-ching! He went on to create music that topped pop and R&B charts.

While earning a great deal in music, Ice Cube began a shift to acting. His first movie was Boyz in the Hood, followed by others such as Higher Learning and Three Kings. And as if he wasn’t earning enough, Ice Cube went on to directing and producing films. Now, he’s worth millions of dollars!

To see the rest, go to:  The 10 Richest African American Actors – EverywhereNigeria.