Wednesday, August 20, 2008


Tyler Perry, Tiger Woods, 50 Cent, Jay Z all have one thing in common- self- attained wealth. These people have defined, and continue to redefine their own dreams, making it so their great-grandchildren will be living off of their earnings. I'm so glad our BLACK people are starting to move beyond labels and bling, while that stuff can be fun and entertaining, it does not make one wealthy. Notice that I didn't just say rich, there is a major difference between wealthy and rich. Rich people go broke, wealthy people usually don't go broke.

These guys are labeled as the next generation of billionaires. Yes, you heard correctly, billioniares. It was once enough to be labeled as a millioniare, and not that being a millionaire is not good enough, trust and believe I would not mind having access to a few millions myself, however, it seems that once Oprah made that billionaire mark, she made it okay for other BLACKS to know that the billionaire feat was very much attainable.

What FORBES says about them:

32-year-old Tiger Woods

When the golf champion returns to the links from a knee injury, he'll continue a financial rise that could crown him the first billionaire to make his money through sports. We predict it could happen as soon as 2011 because of Tiger's lucrative endorsement deals.

33-year-old Curtis "50 Cent" Jackson
The new king of hip-hop wealth banked $100 million after taxes on one deal alone when his stake in VitaminWater's parent, Glacéau, was bought by Coca-Cola (nyse: KO - news - people) as part of a $4.1 billion deal. 50's portfolio also includes the popular G-Unit clothing line and record label, plus films, videogames and a slew of platinum albums, including last year's Curtis. Also in the works: a mining partnership with South African billionaire Partrice Motsepe.

38-year-old Shawn "Jay Z" Carter
It's been some year for Shawn "Jay-Z" Carter. In the past 12 months, the Brooklyn, N.Y.-born hip-hop demigod released a platinum album, signed a 10-year, $150 million deal with concert promoter Live Nation and tied the knot with longtime girlfriend Beyoncé Knowles. Quite a record.

38-year-old Tyler Perry
Producer, director and actor Tyler Perry earned $125 million last year, the sixth highest payday on our most recent Celebrity 100 list. The New Orleans native banked more than Jennifer Aniston, Tom Cruise and Bon Jovi combined, thanks to his three movies and the sale of his sitcom to TBS. Next up is a role in J.J. Abrams' Star Trek prequel. Building a billion-dollar fortune in the entertainment business is extraordinarily rare but certainly not impossible, as evidenced by Steven Spielberg, worth an estimated $3 billion, and George Lucas, worth an estimated $3.9 billion.

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