Alexis Stodghill
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Tiger Woods has had quite a week when it comes to real estate. The richest athlete in the world seems to have celebrated his divorce by buying a bachelor pad apartment in New York City a week after his divorce was finalized. Woods' new apartment is located in the downtown area of Manhattan, an area known for hip clubs populated with "the beautiful people." It is certain that he will fit right in, as Tiger has become famous for loving the hard-partying lifestyle -- and pretty women even more. Plenty of both in the Soho area near his alleged Tribeca home.

Purchasing a posh apartment in Manhattan is a business transaction requiring millions of dollars, and Tiger Woods has the cash on hand to acquire such digs at will. Or does he?

Woods also took out a mortgage recently on a home that he is building in Florida -- a mortgage to the tune of $54.5 million. TMZ reports:

Continue reading Tiger Woods Buys New York Pad & Takes Out $54 Million Mortgage

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'Dancing With the Stars' is an incredibly popular television show, and some would argue that just being on the show is worth it to the celebrities that appear on the program. From Lil' Kim to Maya, 'Dancing With the Stars' definitely helps the careers of African American celebs whose star is perhaps a bit tarnished, and who are trying to recover from a decline. But these black celebrities do not appear on 'Dancing With the Stars' for free. Even C-list stars have their price. So how much to Brandy, Rick Fox and Kyle Massey (from Disney sitcom 'That's So Raven') stand to make on 'Dancing With the Stars' this season? To our surprise, it all depends on how long each celebrity is able to last on the show. Gawker.com reports:

Continue reading 'Dancing With the Stars': How Much Money Will African American Celebrities Make?

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Stephon Marbury has often been in the news for infamous antics. Could a series of business moves in China be yet another strange decision from a basketball star known for shocking activities? Sbnation.com reports:

If you thought Marbury was just playing in the basketball backwater that is the Chinese pro league because NBA clubs blackballed him following his bizarre breakdown last summer on UStream, think again. Marbury is over there to become a Global Icon (taking notes, LeBron?). Making moves. Hustling.

After all, as Marbury explained, over 350 million people in China play basketball, and China just recently surpassed Japan as the world's second-largest economy. You do the math. That's a lot of sneakers, as Starbury told the New York Post:

"The NBA has deals to build arenas in China. It just takes time. Owning and investing there, how can I go wrong business-wise?"...

After initially balking at re-signing with his Shanxi club unless they offered him $2 million, Marbury will return after the team promised to help get his nascent sneaker business off the ground in the Middle Kingdom.

Continue reading Stephon Marbury To Do Big Business in China With 'Starbury'?

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Alpha Kappa Alpha Sorority, Inc. offers a variety of student scholarships that you might be interested in if you or someone you know is looking to fund a college education in the coming months. The Alpha Kappa Alpha Sorority, Inc. has a special organization called the Education Advancement Foundation, which offers a few scholarships and grants based on different criteria. In a recent article called, "20 Popular Grants and Everyone Should Apply For" on Schoolgrantsblog.com, Alpha Kappa Alpha Sorority, Inc. was highlighted for its student grants and scholarships along side better-known grants such as Pell Grants. The Alpha Kappa Alpha Sorority Education Advancement Foundation explains on its Web site:

Continue reading Alpha Kappa Alpha Sorority Helps Students: AKA Scholarships Make Top Grants & Scholarships List

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Tyler Perry has just purchased a 58-acre Georgia estate and plans to bulldoze it in preparation for brand-new construction. The original asking price for the Johns Creek property had been $40 million, which seems fair for a home that boasted everything from formal gardens to its own private band shell -- but it went unsold for 17 years. Tyler picked up this American version of Versailles for the bargain price of $7.6 million. Eurweb.com reports on the new Perry real estate deal:

Continue reading Tyler Perry Buys 58-Acre Georgia Estate to Tear it Down, Rebuild

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To all of those who believe that this is a post-race society, please explain this. How is it that a black woman in 2010 cannot order a pizza without getting called the N-word? The Consumerist blog reports (via Gawker TV):

A woman in Apex, N.C., had just taken delivery of two Domino's pizzas when her 10-year-old niece pointed out the words "N**GER" and "DON'T TIP" at the bottom of the receipt.

Not exactly thrilled with this level of customer disservice, she complained to the Domino's, and the driver was subsequently given the boot. Which might explain why she's now received over a dozen threatening phone calls.

Says the customer:

"They were saying basically the same stuff that was on the receipt. They were saying 'N-this, you got me fired. You did this, you did that,' just being real ugly to me, just being real mean... I'm thinking it is 2010, it's never good to do that. You can't do stuff like that anymore."

Continue reading Domino's Delivers Racist Receipt to Customer: 'N*GGER DON'T TIP'

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Hip-Hop's Top 20 Earners 2010

Forbes' list of Hip-Hop's Top 20 Highest Earners was just released, with names you would expect, like Jay-Z and Diddy topping the list. Artists and entrepreneurs like Carter and Combs have been on their game for a while, so these multimillion-dollar earnings come as no surprise. But some names are new and even shocking:

1. Shawn "Jay-Z" Carter - $63M
2. Sean "Diddy" Combs - $30M
3. Aliuane "Akon" Thiam - $21M
4. Dwayne "Lil Wayne" Carter - $20M
5. Andre "Dr. Dre" Young - $17M
6. Christopher "Ludacris" Bridges - $16M
7. Calvin "Snoop Dogg" Broadus - $15M
8. Timothy "Timbaland" Mosley - $14M
9. Pharrell Williams - $13M
10. Kanye West - $12M
11. Aubrey "Drake" Graham - $10M
12. Clifford "T.I." Harris - $9M (tie)
12. Kasseem "Swizz Beatz" Dean - $9M (tie)
14. Marshall "Eminem" Mathers - $8M (tie)
14. Curtis "50 Cent" Jackson - $8M (tie)
14. Jay "Young Jeezy" Jenkins - $8M (tie)
17. Lonnie "Common" Lynn Jr. - $7M
18. DeAndre "Soulja Boy" Way - $6M (tie)
18. Faheem "T-Pain" Najm - $6M (tie)
20. Jonathan "Lil Jon" Smith - $5M (tie)
20. Radric "Gucci Mane" Davis - $5M (tie)
20. William "Rick Ross" Roberts - $5M (tie)

Continue reading Forbes Ranks Hip-Hop's Top 20 Highest Earners: Jay-Z Tops List

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Aretha Franklin and Annie Lennox sang 'Sisters Are Doing It For Themselves' way back in the '80s, and this piece of pop wisdom is holding true for ladies in the new millenium. The Huffington Post just released a list of the Top Ten CEOs who came up from nothing to make it into the realms of the über-rich -- and the extremely powerful. And, it is quite an achievement that two of the ten featured are African American women. Oprah Winfrey and the relatively new CEO of Xerox, Ursula Burns, are prominent members of the club of "rags-to-riches" CEOs:

1. Lloyd Blankfein, CEO And Chairman, Goldman Sachs
2. Larry Ellison, Oracle Co-Founder and CEO
3. Ursula Burns, Xerox CEO
4. John Paul Dejoria, Co-founder and CEO of John Paul Mitchell
5. Oprah Winfrey, Media Mogul
6. Sheldon Adelson, CEO and Chairman of the Las Vegas Sands Corp
7. Howard Schultz, Starbucks Chairman and CEO
8. Guy Laliberte, Cirque Du Soleil Founder and CEO
9. Roman Abramovich, Oil Tycoon and Owner of Chelsea FC
10. Li Ka- Shing, Chairman of Hutchison Whampoa Limited and Cheung Kong Holdings

Continue reading Oprah Winfrey and Ursula Burns: African American Women Top List of 'Rags to Riches' CEOs

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I hear that many think all black people look alike -- I take that back -- we have all experienced this widespread social phenomenon. But is it possible that a major mainstream publication would promote the idea that all black businesses are in a similar way "related"? You would hope this type of analogous thinking would not be possible among even semi-literate members of the press. Yet, the much-respected New York Post found a way to link Desiree Rogers, who is now CEO of Johnson Publishing, with Bob Johnson, founder of BET -- all while trying to attack President Obama.

Talk about a triple threat of race-baiting news reporting. AOL Web site Daily Finance reports:

Continue reading New York Post Confuses Black Business Empires, Both Named "Johnson": Still No Excuse

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A new study out claims that a man is more likely to cheat on his wife or live-in partner if she earns considerably more money. We found this to be the case when Sandra Bullock and Jesse James very publicly ended their marriage. Plus, Bobby Brown's infidelity was the final nail in the coffin of Whitney's ill-fated marriage to the less-wealthy crooner. But why would this be the case? Wouldn't a man so financially dependent on his mate want to keep his partner happy, and thus keep the gravy train flowing? Not so. In this study that was just published, researchers found:

Continue reading A Man is More Likely to Cheat if His Wife Earns More: New Study

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