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CNBC recently aired a special called NEWBOs: The Rise of the New Black Overclass where Wall Street Journal’s Lee Hawkin’s discusses the fame, success, and hardships of many self-made black multimillionaires, who have made vast fortunes in the sports, entertainment and media industries. Check out some clips from the expose below.
Jay-Z & Beyonce visited the Boys & Girls club yesterday yesterday, where they gave away $50k donation of musical instruments and a $10k check.
Lebron James is only 24 and is just getting started.
Lebron James & Ralph Lauren have teamed up to create a limited edition basketball for charity. The limited edition basketball designed was by Ralph Lauren in collaboration with basketball player LeBron James. Only three hundred basketballs will be made available exclusively from certain Ralph Lauren stores.
All proceeds from the sale of the basketball will benefit the LeBron James Family Foundation, which inspires children to take up sports, become academically focused and also supports single parent families across the US.