Tag: business deals
Thanks to a very strategic deal Beyoncé made with Uber a number of years ago, Mrs. Carter-Knowles is now $300 million richer after the company went public and filed for one of the biggest tech IPOs in several years.
According to the Los Angeles Times, the world-famous media mogul is selling part of her stake in her OWN cable channel to Discovery Communications for $70 million.
Ray J sealed a $31 million deal with Cowboy Wholesale to launch a line of electronic transportation under his own brand, Raycon. A press release regarding the deal says Ray will have "an active full-time role" in the partnership and will "oversee marketing and global branding strategy."