News

Probably not prudent for that kind of information to be out there like that though legitimately earned. The dominant group doesn't take kindly to substantive accumulation of black wealth. Their careers become undermined -even bootlicks.
Good for her though and savvy business sense.

B1 rebel 365 said:

Probably not prudent for that kind of information to be out there like that though legitimately earned. The dominant group doesn't take kindly to substantive accumulation of black wealth. Their careers become undermined -even bootlicks.
Good for her though and savvy business sense.

Click to expand...

B1 rebel 365 said:

Probably not prudent for that kind of information to be out there like that though legitimately earned. The dominant group doesn't take kindly to substantive accumulation of black wealth. Their careers become undermined -even bootlicks.
Good for her though and savvy business sense.

Click to expand...

It’s not liquid it’s based on valuation.

B1 rebel 365 said:

Probably not prudent for that kind of information to be out there like that though legitimately earned. The dominant group doesn't take kindly to substantive accumulation of black wealth. Their careers become undermined -even bootlicks.
Good for her though and savvy business sense.

Click to expand...

These whites can't do shite about her wealth. Those funds are tied to endorsements, deals and estates owned plus royalties. So, I wonder what they are going to do to weaken her wealth? Rihanna has played her part with smart managers in acquiring these wealth and I am super proud of her.

I just want to see us start making generational wealth the norm. I hope her child gets the money and builds on it. Even among whites, great fortunes don't last 3 generations oftentimes. First generation builds it, 2nd generation is the key, they either increase it or spend it. 3rd generation usually ends up spending it. In the case of the Ford family (car maker), their money stays large because its tied up in Ford stock and over time it grows. They also have a family culture of not being extravagant. Live well but don't start buying zebras and giraffes to walk around the yard. Rockerfeller has a family foundation that keeps all of the extended family rich. DuPonts as well.

Wealthy white families are thinking next couple generations down from birth. They are setting up trusts and all that. I don't know if the black super wealthy athletes (Shaq, Jordan, etc) and entertainers (Kevin Hart, Will Smith, etc). are thinking like that? Maybe they are.

My guess is Ice Cube and Denzel are shrewd enough and forward thinking enough to do that. Michael Johnson tried and to this day I think those white lawyers effed up his will. He wanted the Sony catalog to go to the kids. He set up where they would get it and all of a sudden they got hit with a huge tax bill and had to sell it. Doesn't make sense. He set everything up where they wouldn't be hit with a tax bill and the tax bill just happened to be the value of the catalog. I think they set him up to fail.

Harbinger said:

It’s not liquid it’s based on valuation.

Click to expand...

Like they'll differentiate from that - it's the tacit influence power dynamics. That's why they went after aged old Cosby.

She has come a long way since that club song she made. I think this was through brand deals like Fenty and starting up her own businesses in different areas. She was smart with her money. A lot of women in the music industry are not.

It's weird because during Jay-z's run all these years it was always: he has half a billion, 600 million, 800 million, almost at a billion and then people like Koonye, Rihanna and Kylie get there easily. Seemingly way easier