» That Was Fast

The brand new Las Vegas outpost of Jay-Z's 40/40 Club is not in the rapper/mogul's long term business plan. He sold the 24,000 square foot club for an undisclosed amount. The 40/40 franchise has been nothing but trouble lately for Jay, who has fielded several lawsuits from disgruntled employees. [UPI]

  Respond
Money They've Got

Rappers who are millionaires undoubtedly got to that level of financial success in part by making songs and living a lifestyle that calls attention to the fact that they're millionaires at every possible opportunity and in very possible way. As a result, it should come as no surprise that any of the rappers (and producers, and one singer) who made Forbes' biggest earners in hip hop list made it into the top 20. What might be a surprise is how many millions they actually made in the last 12 months. For instances, Chamillionaire more than lived up to his name.

Of course, the number one earner was 50 Cent, thanks to his Vitamin water windfall. Check out the list after the jump.

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» Money Ain't a Thing

The New York Post is reporting that rapper turned record mogul Jay-Z is currently in talks with the Las Vegas Sands Corporation – owner of the Venetian – to sell it a 50 percent stake in his 40/40 nightclub company. The deal is allegedly worth $44 million.

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» No Matter How Much We Try, Jay-Z's Not Talking

Jay-Z and Beyonce, like most celebrities who want at least a fighting chance to keep their relationship intact, believe that certain things should be sacred. This is why he's never, ever, ever going to talk about his marriage to Beyonce, although he will flash the wedding ring to paps on occasion. "I just think it's really a part of your life that you gotta keep to yourself," he tells Vibe in their September issue. "You have to have something sacred to you and the people around you," the 38-year-old adds. "I shared so much of my life… I should have something to hold on to." [Us]

  4 Responses
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Beyonce's Melons?

watermelon.jpg• This story about Jay-Z requesting a watermelon carving of Beyonce's breasts (with cherries as nipples!) would be really disturbing if it seemed like it was remotely true. [MN]

• By the time something that's not supposed to be life threatening kills 300 people, should we discontinue its use? [BV]

• Kumbaya, America. [N&V]

• Sanaa Lathana and Nia Long have been added to the cast of the new Family Guy spin off, Cleveland. [EUR]

• Rihanna. Gucci. UNICEF. Ads. [SR]

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Some our most successful recording artists were in Lagos, Nigeria, over the weekend to perform at the ThisDay Africa Rising Festival. Rihanna and Jay were there, along with Mary J. Blige, Chris Brown, and Usher. On the fashion front, designer Ozwald Boateng and models Oluchi, Naomi Campbell, and Tyson Beckford were there. The latter two can also be seen below visiting the Lagos Island Maternity Hospital. Naomi is nice around babies.
thisday_tysonnaomi.jpgthisday_rihannajay1.jpgthisday_maryj.jpgthisday_oluchi.jpgthisday_ozwaldboateng.jpgthisday_rihanna.jpgthisday_chrisbrown.jpgthisday_fatjoe.jpgthisday_jay.jpgthisday_tyson.jpgthisday_naomi.jpg

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Buongiorno, Jay

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• Jay-Z gets the Vogue Italia treatment. No comment. [Bossip]

• Nas releases his first video off of Untitled. No offensive t-shirts. [CL]

• Nick Cannon rushed into marrying Mariah Carey to avoid lots of awkward questions from his friends. For the record, this isn't a good reason to rush into marriage. [SP]

• Here's your chance to let the Democratic Party know what's on your mind. [WAOD]

• This dude's idiotic and so is his op-ed. [JJP]

» 40/40 Employees Want Their Money

Life is full of ups and downs. Jay-Z just had an up — despite the naysayers, he performed a successful set at England's infamous Glastonbury Music Festival. Now for the down. A judge just ordered Jay-Z and co to hand over the names of every 40/40 club employee over the last three years to make way for a class action lawsuit. The original suit was brought on by a former employee who said the NYC branch of the club did not pay her overtime or minimum wage. As of now, between 10 and 20 former employees have joined the suit. [NYP]

  Respond
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People In Glass, Drug-Filled Houses Shouldn't Throw Stones

jaykanye.jpg• Jay-Z can't imagine why Amy Winehouse would want to call Kanye West a "c**t." I'm sure there are many people who could fill him in on some reasons. [EUR]

• And this is only one of the many reasons why watermelon is so great — stereotypes be damned! [Jezebel]

• Are the kids who are doing the Wu-Tang old enough to even know what Wu-Tang is? [C&D]

• Solange does her own thing. Best of luck. [SR]

• NBA players, patriotic sports fashions, etc. [NB]

» Glastonbury Hearts Jay-Z

For all of the criticism and protesting and rumors of poor ticket sales, several news outlets are reporting that Glastonbury headliner Jay-Z "wowed" the crowd. In honor of Oasis's Noel Gallagher, who was quite vocal in his disapproval of Jay-Z's participation in the festival, Jay entered the stage to the tune of "Wonderwall." Amy Winehouse was apparently very good too, despite having the lungs of an 80-year-old, lifelong chain smoker. [Reuters]

  1 Response
Your own private festival

jayzfestival.jpgWherein you, the readers, talk amongst yourselves.

England's Glastonbury Music Festival, with the oh-so controversial Jay-Z as headliner, starts today. If you got to choose a lineup for your own summer music festival, who (dead or alive) would be on it?

» Damn, Yankees?

What's the point of having hundreds of millions of dollars if you don't buy things? None! Which is why Jay-Z, who already owns a portion of the New Jersey Nets, is looking to purchase shares in the New York Yankees. If the folks at the Yankees organization have any doubt as to his level of commitment, they should check out his choice in head wear. [SP]

  7 Responses
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More To Love

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• Time for someone to lay off the Ciroc? [MLH]

• I didn't need to know that Jay-Z waxes his pubes, did you? [Bossip]

• Russell Simmons has to shell out $40,000 a month in child support to Kimora Lee Simmons. It's a good thing, too. Those kids would starve otherwise! [TMZ]

• Time to judge people for there fashion choices. [SOHH]

• In a reversal of popular Western opinion, this dude thinks there are too many blacks and Asians on television. [Guardian]

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shaq.jpg• Shaquille O'Neal wants to buy your mortgage and save you from home foreclosure. Really. [EUR]

• Mark Wahlberg says he won't be reuniting with the Funky Bunch because he's too old to rap. It never stopped LL Cool J. [SP]

• A boxer/personal injury lawyer is suing Jay-Z for biting his style. [AHH]

• A new website from the brain behind What About Our Daughters, keeps a close eye Michelle Obama attacks from the media. [MOW]

• See some stills from Spike Lee's putting-his-money-where-his-mouth-is movie. [BV]

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The "Whitey" Story

mobama.jpg• Just in case you were still worrying about the possibility that there really is a video of Michelle Obama referring to "whitey" floating around. [AN]

• Janet Jackson's label has ceased all promotion for her newest album, so don't expect another single. [SP]

• Snoop delivers marital advice to Beyonce and Jay-Z. Okay. [People]

• Does Bobby Brown still have delusions of grandeur? Yep? Just checking. [C&D]

• In addition to smoking copious amounts of crack, Amy Winehouse knows racist versions of childrens' songs as well. [GW]



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