Money Archives - Rolling Out

Mulatto is learning what most celebrities find out once they ascend to a certain plateau in terms of fame and finances: family members, even many who are estranged or who hated on you when you had nothing, are suddenly emboldened to ask for handouts. Mulatto let her family and fans know that she is not…

Evander Holyfield wants a trilogy match with Mike Tyson and isn’t holding back his desire to get his former nemesis back in the ring. According to multiple reports, the 58-year-old former WBA heavyweight champ is chomping at the bit for a payday and another piece of the self-proclaimed “baddest man on the planet.” The Atlanta…

When it comes to helping students find money to pay for college, complete admissions applications or write scholarship essays, no person is more vigilant than Gwen Thomas, aka “The Scholarship Mom.” There is no cheating on college entrance exams or falsifying records to secure a seat at a prestigious school. Thomas does it the right way.…

Rapper Saweetie threw shade at real men on a recent Instagram live with boyfriend Quavo, stating, “and if he not getting you a Birkin, and if he not paying for your bills, then throw that n—- back to the streets. OK?” The Birkin, a high-end tote bag created by French designer Hermès, is known as…

Odell Beckham Jr. has been banned from his alma mater, Lousiana State University. On Oct. 21, the university revealed that Cleveland Browns star will not be allowed on campus due to his choice to be charitable to football players, according to Sports Illustrated. The self-imposed sanction is a result of what occurred win LSU…

Individuals who are serving time in prison are eligible to receive $1,200 stimulus checks. Judge O Judge Phyllis J. Hamilton of the U.S. District Court for the Northern District of California ruled that the United States government could not legally withhold stimulus checks from prisoners, according to CNBC. With the ruling, 85,000 prisoners will be…

Big Sean gave shocking insight into his business relationship with Kanye West. While speaking with Fat Joe on Instagram Live, Sean spoke about West giving him his first advance to sign with his G.O.O.D Music imprint that’s distributed by Def Jam. “[Kanye] just signed me because he heard me rap,” Big Sean told Fat Joe.…

There’s an economic cost to racism. According to a report, “Closing the Racial Inequality Gaps: The Economic Cost of Black Inequality in the U.S.,” conducted by Citigroup and released on Wednesday, Sept. 23, 2020, the American economy is suffering due to discrimination and racist acts against Blacks. The report broke down the value lost by…

The daily drama surrounding Dr. Dre and his estranged wife, Nicole Young, continues to unfold. On Monday, Sept. 21, 2020, TMZ reported that Dr. Dre is accusing Young of embezzlement. Record One recording studio is a joint business founded by Dr. Dre and Larry Chatman. During her marriage to Dr. Dre, Young served as a…

Some people might believe that real estate investors make their wealth simply by purchasing and selling homes. But the field of real estate offers a variety of options that require a multiplicity of skill sets. One can be a real estate broker, an investor, a property developer, and much more. Very few real estate professionals…

Morehouse School of Medicine students are set to receive a major financial boost, initiated by Michael Bloomberg and Bloomberg Philanthropies, as the former NY mayor and presidential candidate is pledging $26 million to the school. According to multiple sources, the investment will cover currently enrolled students to the tune of $100,000. “This historic investment in…

Michael Persaud and his brothers, Mark and Irwin Persaud, understand the value of leveraging culture. After years of working in the fields of music, media and entertainment with companies such as Quincy Jones’ Qwest/Warner Brothers Records and RCA Records, the Persaud brothers decided to delve into the financial arena. They now serve as wealth management…

In this time of uncertainty, money is of the utmost importance. As we work to come out on the other side of this pandemic, it is important that we are financially stable. Rolling out spoke to wealth accumulation specialist Kimberly Thomas and she shared some valuable and actionable tips. Thomas has 22 years of experience…

A woman in Gainesville, Florida, allegedly tried to kill her boss to hide her own fraudulent activity, The Gainesville Sun reported Feb. 19, 2020, based on a sworn complaint obtained by the publication. The alleged incident occurred on the morning of Jan. 17, when Linda Renae Williams, 39, drove to her supervisor’s home. Williams allegedly…

After winning a lawsuit centered around discrimination in the workplace, a Michigan man ran into another round of discrimination from his bank. Sauntore Thomas initially sued his former employer, Enterprise Leasing Company of Detroit, for racial discrimination. Details of the lawsuit and settlement remain confidential, according to the Detroit Free Press. On Wednesday, Jan. 22,…

A pastor in Chicago peddled religion for a payday. Rev. Clarence Smith, Jr. allegedly used his storefront church, New Life Impact Church in the Lawndale neighborhood, as a way to make himself wealthy, according to New York Post. Rev. Smith, 45, allegedly defrauded the federal Child and Adult Care Food Program that is administered by…

During the latest episode of the “Real Housewives of Atlanta,” fans watched as Kandi Burruss’ husband Todd Tucker discussed getting his wife involved in a Mexican-style restaurant. After he gave her a tour of the space, Burruss suggested that Tucker pump the brakes on the new venture since he already has expenditures in the hundreds…

Dame Dash is facing another lawsuit. The outspoken entrepreneur and former music executive is being sued for sexual assault, according to The Blast. According to the lawsuit, Dash hired Monique Bunn to shoot photos in April 2019. Bunn stayed with Dash and his family at their Los Angeles home. On April 19, 2019, Dash allegedly…

A man who allegedly had dreams of living a lifestyle of the rich and famous took a wrong turn on his road to riches. Arlando M. Henderson, an aspiring rapper from Charlotte, was hired by Wells Fargo in April 2019, according to WTHR. With his job duties, Henderson had access to the bank’s vault which…