All articles tagged with #business empire
Originally Published 1 month ago — by Fortune
Millie Bobby Brown, at 21, has accumulated a $20 million net worth through her role in Stranger Things, lucrative film deals, and her own business ventures like Florence by Mills. Despite her wealth, she maintains a frugal lifestyle, shopping at Target and using her parents' Netflix account, reflecting her humble upbringing and financial consciousness.
Originally Published 6 months ago — by The Root
Sean 'Diddy' Combs, once a billionaire and influential hip-hop mogul, has seen his net worth plummet from $825 million to around $400 million due to legal troubles, civil lawsuits, and criminal charges related to racketeering and sex trafficking. Currently jailed and facing potential prison time, his assets remain largely intact, but his reputation and financial empire are significantly damaged.
Originally Published 1 year ago — by Fox Business
Sean "Diddy" Combs' $1 billion fortune is at risk as he faces bombshell allegations of sexual assault from multiple women and a federal raid on his homes in connection to a human trafficking investigation. The music mogul built his empire through successful ventures in music, clothing with his brand Sean John, and partnerships with alcohol brands. He also expanded into acting and recently launched an online marketplace featuring Black-owned businesses.
Originally Published 2 years ago — by Bloomberg
Sean "Diddy" Combs faced setbacks in his business ventures, including the failure of a major cannabis deal and the underperformance of his latest album. Amidst this, he filed a lawsuit against Diageo, alleging racism and neglect in their partnership for the DeLeón tequila brand. Combs sought billions in damages, positioning the lawsuit as a crusade for fair treatment of Black people by big corporations.
Originally Published 2 years ago — by Bloomberg
Sean "Diddy" Combs faced setbacks in his business ventures, including a failed cannabis deal and underperforming album, while also suing Diageo for alleged racism in neglecting their joint tequila venture. Despite his struggles, Combs remains determined to hold corporations accountable for fair treatment of Black entrepreneurs.
Originally Published 2 years ago — by USA TODAY
Former President Donald Trump faces a final chance to defend himself in a civil fraud trial brought by New York Attorney General Letitia James, which could result in a lifetime ban from New York's real estate industry, a five-year prohibition on bank loans, and a $370 million penalty. The trial centers on allegations of fraudulently inflating asset values to obtain favorable loans and insurance terms. Trump's legal troubles also include defamation and insurrection cases, as well as criminal charges related to the 2020 election and mishandling of classified documents.
Originally Published 2 years ago — by Forbes
Mexican boxer Canelo Álvarez, one of the highest-paid athletes in the world, is expanding his business empire outside the ring. With a fortune of $275 million, Álvarez has launched ventures including a chain of gas stations, convenience stores, a tequila-based canned cocktail, and a sports drink brand. He also owns boxing and entertainment ventures, a fitness app, a clothing line, and a taquería. While his businesses currently generate less than $50 million in revenue, they have significant growth potential. Álvarez aims to become a billionaire and is actively involved in every aspect of his businesses, seeking to inspire others that success is possible even if you come from nothing.
Originally Published 2 years ago — by NBC News
Former President Donald Trump is set to testify in a $250 million civil fraud trial in New York. Trump's testimony could potentially lead to the dismantling of his business empire. He will be questioned under oath by a lawyer from the state Attorney General's office, in front of a judge he has previously mocked on social media. Trump's previous sworn testimony in the case has already been problematic for him, as he invoked his Fifth Amendment right against self-incrimination multiple times. The judge has found Trump liable for fraud in a summary judgment before the trial began. Trump is also facing four criminal cases next year.
Originally Published 2 years ago — by The Wall Street Journal
Kylie Jenner discusses her new fashion line, Khy, and reveals the items she is saving for her daughter, Stormi. She also reflects on her King Kylie era and what inspires her in the fashion industry.
Originally Published 2 years ago — by Financial Times
Donald Trump's New York business empire is facing significant challenges after a fraud ruling that could potentially imperil his financial interests. The ruling, which found that Trump's company engaged in fraudulent practices, has raised concerns about the future of his business ventures in the city. This latest setback adds to the mounting legal and financial troubles faced by the former president.
Originally Published 2 years ago — by BBC
Italy is holding a day of national mourning for former Prime Minister Silvio Berlusconi, who died in Milan this week. Berlusconi's state funeral is being held in Milan's grand cathedral, and the country is asking who will succeed him in his vast business empire and political party, Forza Italia. His oldest child, Marina, is considered the most likely to take over the family's holding company, Fininvest, but it remains to be seen whether she will continue to invest in her father's political creation. The future of Forza Italia is uncertain without its charismatic creator, and a government collapse triggered by the disintegration of one of the coalition partners does not seem unlikely.