I say Congrats ! #HardWork #Dedication
According to a new research report, America’s racial wealth gaps will persist until public policy reforms provide every family the opportunity to build wealth.
Less than Equal: Racial Disparities in Wealth Accumulation, from the Urban Institute’s Opportunity and Ownership project analyzed data and trends from 1983-2010. Over these years, the average household income of whites remained double that of either Black or Latino families. But when wealth was considered, the amount of available assets remaining after all indebtedness was deducted, white families’ wealth grew six times that of either that for either Black or Latino families.
“When it comes to economic gaps between whites and communities of color in the United States, income inequality tells part of the story. But let’s not forget about wealth. Wealth isn’t just money in the bank; its insurance against tough times, tuition to get a better education and a better job, savings to retire on and a springboard into the middle class. In short, wealth translates into opportunity”, said the report.
Constance interviews Dr.Dennis Kimbro, author of The Wealth Choice.
Check out The Wealth Choice (Book)
Constance interviews Dr.Dennis Kimbro, author of The Wealth Choice. (mp3)
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Dr Claud Anderson : Marketing to Black Consumer (mp3)
Dr.Claud Anderson has been kicking knowledge for years. I’m interested in knowing what others think about his books, lectures and ideas. Special Thanks to the YouTube communities for uploading the content, and Dr.Claud Anderson for dropping these gems. Pay attention. Put your brain on super focus. Provide some feedback.
Check out his site POWERNOMICS, and check out his books.-POSTED BY BARCLAY-
Rolls-Royce Motor Cars proudly presents the world debut of Wraith, the most powerful and dynamic Rolls-Royce in history. At its heart lie hallmark Rolls-Royce attributes of luxury, refinement and hand-craftsmanship, but the new model from the world’s pinnacle super-luxury marque also presents a unique character defined by power, style and drama. With just a hint of the noir.
“Today we launch the ultimate gentlemen’s gran turismo, a car that embodies the spirit of Charles Stewart Rolls,” commented Torsten Müller-Ötvös, CEO Rolls-Royce Motor Cars. “The most powerful Rolls-Royce in history, Wraith promises the sense of adventure and speed that drove our founding forefather. But of course, Wraith’s starting point is luxury, refinement and quality, traits that remain as important to Rolls-Royce customers today as they were more than a century ago.”
Rolls-Royce Chairman and BMW Group board member Harald Krüger added the following: “The BMW Group today reconfirms its full commitment to the future of Rolls-Royce. Growth and a prosperous future lie ahead thanks to continued investment, careful brand stewardship and the launch of groundbreaking new models like Rolls-Royce Wraith, a magnificent addition to the product range.”
In profile, Wraith’s sweeping fastback design gives the car its unique character. Bold lines, tension in the panels and a raked rear screen evoke the image of a world class athlete poised in the starting blocks. Further expression of dynamic intent can be seen in Wraith’s deeply recessed grille, wide rear track and dramatic two-tone presentation.
Coach doors open to reveal a sumptuous interior complete with softest Phantom-grade leathers and expanses of wood called Canadel Panelling. Named after the famous cove in the South of France where Sir Henry Royce and his design and engineering teams spent their winters, this contemporary and tactile finish sweeps through the interior, cosseting four occupants in a space bathed in light and warmth.
The interior ambiance is complemented by Starlight Headliner, a Bespoke feature available beyond Phantom family cars for the first time. 1,340 fibre optic lamps are hand-woven into the roof lining to give the impression of a glittering, starry night sky.
Performance delivers on the promise of Wraith’s styling. Power delivery is effortless, but dramatic, thanks to a V12 engine married to 8-speed automatic ZF transmission. 624 bhp / 465kW is available to the driver while the 0-60 mph sprint is achieved in 4.4 seconds, compared with 563 bhp / 420kW and 0-60 in 4.7 seconds for Ghost.
From 1,500 rpm 800 Nm of torque is available (780 Nm for Ghost), while a wide rear track, shorter wheelbase and lower roof height further contribute to the most powerful, involving driving experience of any Rolls-Royce in history. The car’s suspension has also been tuned to minimise body roll and discreetly amplify feedback when cornering; while steering weight is heavier at high speeds and lighter at low speeds adding to the spirited drive.
However, Wraith is no GT bruiser. Agility improvements have been achieved with absolutely no compromise to the sensation of riding on a bed of air. Furthermore, the debut of Satellite Aided Transmission (SAT) technology takes the powertrain to a new level of effortless delivery, one that perfectly suits the Rolls-Royce brand.
Satellite Aided Transmission uses GPS data to see beyond what the driver sees; it anticipates his next move based on location and current driving style, then selects the most appropriate gear for the terrain ahead. Corners, motorway junctions and roundabouts are all anticipated in advance meaning Wraith is constantly poised to deliver on its promise of performance.
A more polished, effortless driving experience and even better response brings a new, more dynamic dimension to the famous Rolls-Royce trait, waftability.
For over a century a Rolls-Royce motor car has featured technologies designed to support occupants discreetly, delivering a peerless driving experience epitomised by the term ‘effortlessness’. In every Rolls-Royce these assist the driver when called upon, but are prepared to return without fuss to the background when no longer required.
Advances in mechanical and electrical technology deliver systems like head-up display, adaptive headlights and Wraith’s keyless opening boot. But improvements in connectivity have taken the human-machine interface to a new level of sophistication, a suite of aids that could be likened to a contemporary on-board valet.
Voice activation commands, for example, come with a one-touch call button located on the steering wheel. A destination no longer requires manual input from a navigation menu and route assistance begins immediately, on-screen and via audio guidance following a voice command such as “navigate to Piccadilly in London.”
Additional improvements in communications come in the design and functionality of the elegant Spirit of Ecstasy Rotary Controller. This allows navigation through on-screen functions using a touch pad that features pinch and pull functionality to echo smart phone usage. Letters can also be ‘drawn’ onto the pad by hand rather than by scrolling through a series of available characters on-screen.
In Europe, Wraith will be priced at c. €245k. Confirmation and further pricing details in all markets will be revealed later in the year.
First deliveries of Wraith will be made to customers in the final quarter of 2013.
Forbes: The World’s Highest-Paid Musicians 2012 : Video Link
01. Dr Dre: $110 Million
02. Roger Waters: $88 Million
03. Elton John: $80 Million
04. U2: $78 Million
05. Take That: $69 Million
06. Bon Jovi: $60 Million
07. Britney Spears: $58 Million
08. Paul McCartney: $57 Million (tie)
08. Taylor Swift: $57 Million (tie)
10. Justin Bieber: $55 Million (tie)
10. Toby Keith: $55 Million (tie)
12. Rihanna: $53 Million
13. Lady GaGa: $52 Million
14. Foo Fighters: $47 Million
15. Diddy: $45 Million (tie)
15. Katy Perry: $45 Million (tie)
17. Kenny Chesney: $44 Million
18. Beyoncé: $40 Million
19. Red Hot Chili Peppers: $39 Million
20. Jay-Z: $38 Million
21. Coldplay: $37 Million
22. Adele: $35 Million (tie)
22. Kanye West: $35 Million (tie)
24. Michael Bublé: $34 Million
25. Sade: $33 Million
Though he’s only 18 years old, Justin Bieber has had a year for the ages. The Canadian crooner released his third studio album, launched a world tour and continued investing in startups, adding to a portfolio that includes stakes in Spotify, Tinychat and others. All in all, he earned $55 million in 12 months.
“I do calls every week with my business manager and my lawyer,” Bieber told FORBES this spring as part of a cover story on his budding venture capital career. “Each week I’m learning something about my business and what I need to know for my career.”
But when it comes to the world’s highest-paid musicians, Bieber is a relative pauper, barely breaking the top ten.
Hip-hop superproducer Dr. Dre leads the pack this year with $110 million, thanks largely to his Beats headphone line. He collected $100 million pretax when handset maker HTC paid $300 million for a 51% stake in the company last year, at the beginning of our scoring period; he and his partners later bought back half of what they sold.
“The brands are so aligned, Dre and Beats, it’s just who he is,” says Kevin Liles, former president of Def Jam Recordings, who now manages acts ranging from Young Jeezy to Trey Songz. “If you look at the biggest earners, the guys have been doing it for 20 years … what’s happening now is people are really telling their truth.”
Dr. Dre leads a slew of pop stars, rock icons, rap moguls and country crooners, many of whom bank the bulk of their bucks outside the recording studio. Though some artists—Jay-Z and Diddy, for example—owe their success partly to business ventures like Dre’s, most of this year’s top 25 are on the list because of touring.
“The concert business had another solid year as both artists and concert promoters used more caution in trying to achieve their touring objectives,” says Gary Bongiovanni, editor of concert data purveyor Pollstar. “The good seats for major artists continue to be priced at a premium.”
This year’s list has a distinctly international flavor. Among the top five, only Dr. Dre hails from the United States. Pink Floyd rocker Roger Waters ranks second with $88 million, nearly all of it coming from his The Wall Live tour. According to Pollstar, he grossed $158 million on 63 shows in the first six months of 2012. Fellow Brit Elton John claims the third spot with $80 million, culled from over 100 shows in our scoring period.
Ireland’s U2 ranks fourth, pulling in $78 million on the tail end of the group’s record-breaking 360 tour—which grossed $736 million over three years. British boy band Take That rounds out the top five with $69 million, thanks to a wildly-popular reunion tour. The group grossed $61 million for eight dates at London’s Wembley Stadium alone, the biggest single-stadium stand recorded to that point, cashing in on dozens of additional dates around Europe as well.
“The enormous level of business Take That did in the U.K. and Europe was truly mind-boggling,” says Bongiovanni. “That’s especially true when you consider that in the U.S. they would only be a theater-level act.”
Our estimates are based on total earnings from May 2011 to May 2012—the amount of money an act makes from record sales, touring, endorsements, merchandise sales and other ventures before subtracting management fees, legal costs and taxes (which can gobble up the bulk of a big payday). The totals were compiled with the help of data from Pollstar, RIAA and others, as well as interviews with industry insiders including concert promoters, lawyers, managers, agents and, in some cases, the musicians themselves.
Other highlights on the list include Toby Keith, who tied Bieber for tenth with $55 million. With his Ford sponsorship now on its second decade and his I Love This Bar And Grill restaurant chain booming, Keith was the top earner among all country artists—unless you count crossover star Taylor Swift, who earned $57 million, same as Paul McCartney. Coldplay and Adele continue the British trend, claiming the 21st and 22nd slots with $37 million and $35 million, respectively. Eight of the top 25 acts hail from England or Ireland.
That success extends to Anglophiles as well: Jay-Z and Beyoncé, both close friends of Coldplay’s lead singer, Chris Martin, combined to earn $78 million. The former Destiny’s Child diva is one of just eight ladies on the list, but Beyoncé’s song “Run The World (Girls)” still rings true—despite welcoming baby Blue Ivy earlier this year, she still out-earned her husband by $2 million.
Forbes’ Morgan Brennan and Claire O’Connor discuss the Oracle CEO’s most recent investment: Lanai, the 6th largest Hawaiian island.
Now don’t tell me you balling cause you stay buying Jordans. – Reality
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Oracle CEO Larry Ellison has purchased 98 percent of Lanai, Hawaii’s sixth-largest island, as announced by Hawaii governor Neil Abercrombie on Wednesday. The billionaire Ellison was listed as America’s third-richest man in 2012, and is buying the property from fellow billionaire David Murdock. Murdock’s company Castle and Cooke Inc., controls all but of 2 percent of the 141 square mile island, and filed a transfer application with Hawaii’s Public Utilities Commission.
The land will cost Ellison between $500 and $600 million, according to early reports, but the official filing did not mention a price. Source
We thank @HillHarper for what he’s done for the game. Hill stays on the move, dropping knowledge. I’m very glad I purchased ‘The Wealth Cure’. A lot of game in that book. Dude dropped a gem.-POSTED BY BARCLAY-