Tag: business deals

Money Moves: Beyoncé is $300 Million Richer Thanks to a Deal With Uber

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.

Money Moves: Oprah Sells Majority Shares of OWN to Discovery for $70 Million

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 Signs $31 Million Deal With Tech Company to Create Line of Electronic Transportation

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."

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