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Posts tagged as “Bryan “Birdman” Williams”

Birdman and Slim Williams of Cash Money Records Partner with New Orleans Mayor to Pay June Rents Amid Covid-19

According to Black Enterprise, Bryan “Birdman” Williams and Ronald “Slim” Williams of Cash Money Records partnered with New Orleans Mayor LaToya Cantrell to cover rent for the month of June for New Orleans residents living in low-income housing.

The Williams brothers have donated over $225,000 to Forward Together New Orleans (FTNO), a nonprofit providing resources to the most vulnerable during the COVID-19 pandemic.

Since the inception of Cash Money nearly 25 years ago, Birdman and Slim have given back to under-resourced communities in the area through The Johnny and Gladys Williams Foundation that is named after their parents. Over the years, the brothers and their team have provided residents with health screenings, thanksgiving meals, and other resources.

Read more: https://www.blackenterprise.com/cash-money-partners-with-the-mayor-is-new-orleans-to-pay-rent-for-residents-amid-covid-19/

Diddy Tops Forbes’ List of Richest Hip-Hop Artists

Puff Daddy walking out of Chateau Marmont Saturday night with a bottle of wine.
Sean “Diddy” Combs ranks No. 1 on this year’s Forbes Five, the magazine’s list of hip-hop’s wealthiest artists, with an estimated net worth of $580 million.
The bulk of the Bad Boy Records founder’s wealth comes from non-musical ventures, namely his deal with Diageo’s Ciroc. The agreement entitles him to eight-figure annual payouts and a nine-figure windfall if the brand is ever sold—and Ciroc’s value has never been higher.
“It is one of the fastest-growing brands within vodka,” says Jack Russo, an equity analyst at Edward Jones & Co. “Consumers are feeling a little bit better about their situation, and with that, they’re willing to spend more on premium products.”
The No. 2 spot goes to Shawn “Jay-Z” Carter, with a net worth of $475 million. He’s still rolling in cash from megadeals like his $204 million Rocawear sale in 2007 and his $150 million pact with Live Nation the following year. He continues to hold stakes in Roc Nation, Carol’s Daughter, the Brooklyn Nets—and, more significantly, the Barclays Center itself—while adding new partnerships with the likes of Duracell, Budweiser and Bacardi’s D’ussé Cognac.
Andre “Dr. Dre” Young ranks third with $350 million, thanks mostly to his Beats by Dr. Dre headphones. A year after selling 51% of the company to handset maker HTC for $300 million in August 2011, Dre and his partners bought back half of the half they sold in 2012—and their investment continues to soar in value due to Beats’ whopping 65% market share of the premium ($99 and up) headphone market.