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Rick Ross has partnered with his dentist to open a clinic in Atlanta, GA. According to a news release shared with AFROTECH™, the rapper is teaming up with Dr. Mario Montoya, who launched his career path after earning a bachelor of dentistry autonomous degree from the University of Manizales in 1991. He later pursued postgraduate studies in oral rehabilitation at the Military University in 2005, his website mentions. Dr. Montoya co-founded Matizz Dental Clinic in 2008, and after a decade, he launched Smiles by Mario Montoya in Colombia. His initial clientele was Puerto Rican urban artists , but his reach expanded, adding Ross, Nicki Minaj, Tiny, Ari Fletcher, Moneybagg Yo, French Montana, and more to his roster. His treatments include root canals, dental implants, gum contouring, and porcelain veneers made using computer-aided design and manufacturing technology. With the help of Ross, Dr. Montoya plans to make his offerings more accessible to people residing in Atlanta, GA. The...
Heavyweight-champion-turned-businessman George Foreman has passed away. NBC News reports the cause of Foreman’s death has not been revealed (at the time of this writing). He was 76 years old. A post on his official Instagram confirmed his passing. “Our hearts are broken. With profound sorrow, we announce the passing of our beloved George Edward Foreman Sr. who peacefully departed on March 21, 2025 surrounded by loved ones. A devout preacher, a devoted husband, a loving father, and a proud grand and great grandfather, he lived a life marked by unwavering faith, humility, and purpose,” the post read. “A humanitarian, an Olympian, and two time heavyweight champion of the world, He was deeply respected — a force for good, a man of discipline, conviction, and a protector of his legacy, fighting tirelessly to preserve his good name — for his family.” View this post on Instagram A post shared by George Foreman (@biggeorgeforeman) Family Foreman is survived by his wife, Mary Joan; six...
Jamie Foxx is not here for the anti-Diversity, Equity, and Inclusion (DEI) narratives circulating in Hollywood . Foxx — born Eric Marlon Bishop — is the producer of Apple TV+’s “Number One On the Call Sheet,” a documentary that explores Black achievement in the film industry and the challenges Black women face in finding success. At the Los Angeles, CA, premiere on March 13, 2025, the Academy Award-winning actor emphasized the film’s importance, stating that it is more relevant now than ever. “Look what’s going on out there. They trying to erase everything we do… They talking about the DEI , affirmative action, we don’t need Black history . Why you picking on our history?” Foxx told Extra. “So, we just do more history. The more you erase, the more we replace. So, that’s all it is. We ain’t gonna be shy about it. Leave us alone. Let us enjoy. Let us all be American.” Since 2024, several high-profile companies have scaled back or eliminated their DEI programs , citing pressure from...
Tyler Perry has provided great financial relief for 85-year-old Anniece Tisdale. According to WSMV-4, Tisdale hired an unlicensed contractor to renovate her East Nashville, TN, home to accommodate her disability and growing family. However, the project took a turn for the worse when the contractor abandoned it altogether after not meeting completion expectations. Tisdale was then left with a home unsafe to live in and thousands of dollars lost. After an interview with the local news station, Tisdale was asked by Sherri Shepherd to appear on her “Sherri” talk show, and was joined by her daughter, Yolanda, who revealed that at least $180,000 had been invested into the home renovation project. Yolanda and her husband both took out personal loans and pooled from savings and credit cards to gather the funds. Yolanda also helped to refinance her mom’s mortgage to pay for the $200,000 in renovations. “We signed the contract in January. We were supposed to be f inished March 31. It was a...
will.i.am missed out on an investment that would have made him millions today. During an interview with Fortune held at SXSW, the multi-platinum music artist, producer, and tech entrepreneur revealed he had a chance to invest in Airbnb, a vacation rental company. The opportunity was introduced to him by Airbnb’s co-founder, Brian Chesky. Founded in 2007, the company raised funds in its early stages and allowed individuals to invest up to $200,000. However, will.i.am wasn’t fully convinced by the concept at the time. “’What’s up with concierge? Y’all don’t got that?’ ‘No,’” he explained to Fortune. “What’s up with room service? Y’all got that? He’s like, ‘No.’ I’m like, ‘Yeah, I think I’m gonna have to pass on that one.’” Airbnb did become a success. According to its website, it has more than 5 million hosts and has attracted 2 billion guests from more than 220 countries and regions. Hosts have earned more than $250 billion. Today, Airbnb has a market cap valued at more than $78...
Issa Rae is applauding those who are upholding DEI efforts. During SXSW 2025 in Austin, TX, the actress, producer, and newest part-owner of San Diego FC participated in a keynote conversation where she shared her thoughts on the evolving diversity, equity, and inclusion (DEI) landscape, according to The Hollywood Reporter. A racial awakening occurred in 2020 following the death of George Floyd due to police brutality. This led to an influx of support and a record-breaking $4.3 billion in venture capital and corporate investments towards Black-owned businesses, per ABC News, as well as a 55% increase in DEI roles created, notes NBC News. As time has gone on, many of these bold commitments around DEI have faded out. This has only worsened due to pressures from conservative groups challenging such efforts in litigation, with some success. Legal wins for the right have included the dismantling of Fearless Fund’s Strivers Grant program, which awarded Black woman-owned businesses, and the...
Snoop Dogg is going where the money is. Snoop Dogg, who acquired Death Row Records in 2022, shared the low payout he received from streaming. After receiving 1 billion streams on Spotify, he recalls being compensated only $45,000, as AFROTECH™ previously told you. “In the streaming world, I can show you right now. They just sent me some sh-t from Spotify, where I got a billion streams, right? My publisher hit me. I said, ‘Break that down, how much money is that?’ That sh-t wasn’t even $45,000… You see what I’m saying? So it’s like…when this sh-t came out, I could tell an artist that same song that you put out traditionally that didn’t make no money, give it to me. Every time you sell it if somebody else sells it you get 10% of it,” Snoop said on the “Business Untitled” podcast. However, in response, a Spotify spokesperson said: “We can’t speak to endorsement deals for Web3 companies but…$45,000 for a billion streams? It’s well documented that a billion streams on Spotify generates...
Smokey Robinson’s journey in the music industry was one filled with humble beginnings. The multi-hyphenate artist and producer was the lead singer of The Miracles as early as 15 years old, Vulture reports. The group was instrumental to Berry Gordy, who helped bring their talent to his record label, Motown Records, making them one of its first artists when it was founded in 1959. “Berry sat us down. He said, ‘Imma start my own record company. Ain’t nobody paying. Imma start my own record company, and we gonna be the crew, and we’re not just going to make Black music,'” Robinson said on the “R&B Money” podcast. “‘We’re going to make music for the world. We’re going to always have some great beats and some great stories, and that’s going to be our quality control to have that when we put our records out, but we going to make music for the world.'” Robinson’s early days at the label were filled with sacrifices. He recalls earning just $5 a week when the label first started. “Berry had...
Jeezy has reportedly missed out on his own earnings due to his internal team. In the past, Jeezy admitted to having trust issues with those around him. However, navigating the music industry and forming partnerships required the rapper to lower his guard and trust others to uphold their end of the deal. “I never really had people around that I trusted,” Jeezy said on the “Springhill” podcast in 2023 . “ And when it went on to the music, I started to understand quickly like this is worse because where I come from, it’s death or the penitentiary. But with these people in the music industry, they’re cutthroat anyway. It’s just the nature of the game.” He added, “But then what I started to understand about having business partners is you gotta trust that they’re gonna at least do what they’re supposed to do. Like if you’re telling me that you’re gonna be able to market this on a scale that I can’t, I’m gonna believe that you can do that. Now if you show me you can’t, now I gotta make...
Could SKIMS, co-founded by Kim Kardashian and Emma Grede, rival the Jordan brand? Founded in 2019, SKIMS is a brand specializing in underwear, loungewear, and shapewear designed for every body type. Its business footprint has grown to include successful brick-and-mortar locations in Georgetown, D.C.; Aventura, FL; Austin, TX; Houston, TX; Atlanta, GA; and New York, NY. The company also boasts a $4 billion valuation. View this post on Instagram A post shared by SKIMS (@skims) Grede, also CEO and co-founder of Good American, another Kardashian family business, attributes its success —not just the $270 million raised in 2023 or the partnership with The North Face—to more than Kim’s celebrity status. View this post on Instagram A post shared by SKIMS (@skims) “Talent can bring you to a product once, but you don’t come back time and time again,” Grede said in an interview with The Guardian. “You have got to be offering superior product at a price and value people really understand. If it...
Floyd Mayweather reportedly has an interest in another major investment move. As AFROTECH™ previously told you, the boxing champion closed a real estate deal valued at $402 million in October 2024. The investment encompasses over 60 buildings with over 1,000 units in New York, NY, and its purpose is to establish affordable housing in the city. “Growing up, I used to dream about owning just one home by myself. When you work hard, you can achieve anything,” Mayweather told TMZ. Mayweather also has a stake in nine skyscrapers in partnership with SL Green and established real estate firm Vada Properties. He committed to investing $100 million in equity to support a $3 billion luxury rental portfolio alongside Go Partners. His latest moves include potentially extending his portfolio to secure a stake in the New York Giants. According to TMZ, he is leading a group that intends to acquire a security minority stake valued at 10%, amounting to around $700 million. Currently, a proposal is...
T-Pain is the next artist to cash in on his publishing and masters. Variety reports that the Grammy-award winning artist, who has secured 10 Billboard Hot 100-charting singles, sold his publishing catalog and select masters to HarbourView Equity Partners. It is unclear at this time which songs are included in the deal or how much the purchased price was. The announcement also coincides with the 20th anniversary of several T-Pain songs such as “Buy U a Drank (Shawty Snappin’),” “Bartender (featuring Akon),” “I’m N Luv (Wit a Stripper) (featuring Mike Jones),” Flo Rida’s “Low,” and “I’m Sprung,” among others. “I’m excited for this next chapter and to partner with HarbourView Equity as they help preserve the legacy of my music,” T-Pain said . “This catalog represents years of hard work, creativity, and unforgettable moments, and I’m grateful to see it continue to reach new heights. I don’t plan on stopping anytime soon.” HarbourView Founder and CEO Sherrese Clarke commented: “We are...
Dave’s Hot Chicken is considering a sale that would bring the company’s valuation to nearly $1 billion. The popular fast-food chain, founded by Dave Kopushyan, Arman Oganesyan, Tommy Rubenyan, and Gary Rubenyan, has locations in states such as Arizona, Massachusetts, California, Missouri, and Texas. In total, the chain has over 250 locations worldwide, per Reuters. It all started in 2017 with a $900 investment that led to the restaurant’s grand opening as a pop-up in an East Hollywood, CA, parking lot, its website mentions. Its menu features chicken tenders and sliders with spice levels ranging from Lite Mild to Reaper. Sides include fries, mac and cheese, and kale slaw. View this post on Instagram A post shared by DavesHotChicken (@daveshotchicken) The company’s business model appears to be a success with each franchise earning on average $2.19 million in revenue (AUV) per year, according to Sharp Sheets. In total, its locations generate an estimated $1 billion in total annual...
Technology is enabling fans to immerse themselves in the music of legendary artists like Janet Jackson. The “Anytime, Anyplace” songstress is currently headlining a residency at Resorts World Theatre in Las Vegas, NV, running through May 31, 2025. Fans can relive 42 of her timeless hits, including “I Get Lonely” and “When I Think of You.” The latter, released in 1986 as the third single from her “Control” album, became her first No. 1 on the Billboard Hot 100, as Billboard notes. Jackson’s Vegas residency carries deep significance. Her career began when she was seven years old at MGM Las Vegas. She performed alongside sisters Rebbie and La Toya, as noted in Las Vegas Magazine. “I will always have a very, very special place in my heart for Las Vegas. I started my career here 51 years ago. I love you so much,” Jackson said during her performance on Wednesday, Feb. 12. Photo Credit: Resorts World Theatre L-Acoustics With a career spanning five decades, Jackson’s passion for performing...
Megan Thee Stallion has stepped into the spirits industry following advice from Beyoncé. The “Savage” rapper, born Megan Pete, has long admired the fellow Houston artist and credits their first interaction in 2020 with a major career milestone. “My favorite moment was definitely meeting Beyoncé. I met her first in 2020, I think. Every time I see her, I act like a little kid. And I really need to stop that at this point. Like I’m always fanned out,” Megan Thee Stallion told Forbes. Beyoncé’s support for Megan goes beyond music. In addition to their collaboration on the hit record “Savage Remix,” which they performed during the “Renaissance World Tour” in Houston, TX, Beyoncé has also shared valuable business advice — encouraging Megan to launch her own spirits brand. Leading by example, in 2024, Beyoncé made her official debut in the spirits industry with the launch of SirDavis in partnership with Moët Hennessy. The brand offers an American rye whiskey that pays homage to her...