MarcyPen Capital Partners, the investment firm co-founded by Shawn “JAY-Z” Carter, is leading the charge to acquire LVMH’s 50% stake in Rihanna’s Fenty Beauty. If this deal goes through, it would hand ownership of the globally influential cosmetics brand to Rihanna and a firm led by one of the most powerful figures in entertainment and […]
In a remarkable show of his lasting cultural influence and commercial power, JAY‑Z has announced a third headline concert at Yankee Stadium this July. The first two shows sold out quickly, sparking excitement among fans worldwide. Unprecedented Demand Sparks a Third Night The third concert, titled “Extra Innings,” will take place on Sunday, July 12, […]
Decades after its founding, Roc-A-Fella Records remains a symbol of entrepreneurial spirit, cultural influence, and the power of Black ownership. At the heart of that story is Damon “Dame” Dash. The Harlem-born entrepreneur who redefined what it means to be a hip-hop mogul. Despite facing significant setbacks in his personal finances in recent years, Dash’s […]
The financial dealings of the Black-owned whiskey brand Uncle Nearest Premium Whiskey are facing increased scrutiny due to a $20 million loan linked to MarcyPen Capital Partners. This is the venture capital firm founded by Jay-Z. It has become a major point of contention in an ongoing legal dispute over the company’s finances. At the […]
Jay-Z returned to his hometown of New York City on Sept. 27 to celebrate a milestone: the 100th birthday of his grandmother, Hattie White. The private gathering drew an A-list crowd, including Beyoncé, her mother Tina Knowles, Megan Thee Stallion and NBA champion Klay Thompson, Nas, and Coldplay frontman Chris Martin. Music legend Stevie Wonder […]