Showing posts with label Forbes. Show all posts
Showing posts with label Forbes. Show all posts

Monday, July 8, 2013

The Power Players


By: Jas

Photo courtesy of www.gistexpress.com

Revolt TV published “Unlocking The Holy Grail: Timbaland” the day before the release of Jay-Z’s album "Magna Carter Holy Grail" (Which Timbo claims is Jay-Z’s best album). In this interview, Timbaland was asked about Jay-Z’s status in the industry. Timbaland let the public know Jay-Z is at the top, soon him and Jay-Z will be able to say, “we can control our records…we don’t have to talk to none of these people, we are the people…now the money is much better because we own it.” 
But Jay-Z’s status isn’t just coming from the music industry.

So who are the power players in the music biz? Timbaland, Pharrell, Kayne, Diddy, and Jay-Z. But lets focus on the kings…Sean Combs and Sean Carter, Why?, Because they have empires.

Both topped the The Forbes Five: Hip-Hop’s Wealthiest Artist every year since 2007, but now there is a question of who will reach billionaire status first. These two have built an empire within the entertainment industry as a whole. Just this year, Jay-Z went from owning a portion of the Brookland Nets to establishing Roca Nation Sports, while Diddy is building his TV network, REVOLT TV but still gaining most of his profit from Ciroc. 

Their next move better be their best move! 


Which one of these bosses do you think will be a billionaire first?  

Friday, March 13, 2009

'El Chapo' Makes Forbes' Billionaire Club List

Joaquin Guzman Loera, head of the Sinaloa Cartel Got Forbes' Attention


Net Worth:$1.0 bil
Fortune:self made
Source:Drug Trafficking (Traficante Droga)
Age:54
Country Of Citizenship:Mexico
Residence:Sinaloa State
Industry:Shipping
Education:NA
Marital Status:NA

MEXICO CITY, Mexico (CNN) -- What do software mogul Bill Gates and banking investor Warren Buffett have in common with wanted Mexican drug lord Joaquin "El Chapo" (in english: Shorty) Guzman Loera? They are all featured in Forbes magazine's world's billionaires report as "self-made" billionaires.
Guzman Loera, whose nickname means Shorty, escaped from a Mexican prison in 2001. He heads the powerful Sinaloa cartel, investigators say. Authorities on both sides of the U.S.-Mexico border blame the Sinaloa and other cartels for a surge in violence in the region.
He ranked 701th on Forbes' yearly report, with an estimated fortune of $1 billion.
Mexican Attorney General Eduardo Medina Mora expressed outrage at the publication and described Forbes' calculations on Guzman Loera's fortune as mere "speculation."
"I will never accept that a criminal could be recognized as someone distinguished, even if it is by a magazine like Forbes," Medina Mora said to local media during a drug traffic summit Thursday in Vienna, Austria.
Forbes is "comparing the deplorable activity of a criminal wanted in Mexico and abroad with that of honest businessmen," he said. Mexican President Felipe Calderon -- speaking at a business summit Thursday in Mexico City -- alluded to the report, saying, "It is very sad the intensification of a campaign, which seems to me, has been launched against Mexico."
Calderon added, "Public opinion and now even magazines not only attack and lie about the situation in Mexico but now also praise criminals. In Mexico, it is considered a crime to praise criminals."
Guzman Loera has a three-decade history of drug trade spanning North, Central and South America. The Forbes profile of Guzman Loera reported that "the U.S. government is offering a $5 million reward" for the billionaire's capture.
Forbes magazine was not available for comment, but its article offers a clue as to why Guzman Loera made the list.
"So is there anywhere one can still make a fortune these days? The 38 newcomers offer a few clues. Among the more notable new billionaires are Mexican Joaquin Guzman Loera, one of the biggest suppliers of cocaine to the U.S."











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