SoCal family wins $112 million Mega Millions jackpot
May 16, 2007 by Staff · Leave a Comment
A Southern California family says it’s a dream come true.
Robert Stafford, his adult son Robert Junior and daughter Cynthia claimed their winning ticket today in the $$112 million Mega Millions lottery drawing.
The Staffords bought a $$2 quick-pick ticket from a Hawthorne market for Friday night’s drawing. Read more
Jay-Z sells Roc-A-Wear for a reported $204 million in cash
March 6, 2007 by Staff · Leave a Comment
“Jay-Z has reached an agreement to sell his Roc-A-Wear clothing line to the Iconix Brand Group for a reported $204 million in cash, the companies announced Tuesday. As a part of the deal — which could be worth up to $400 million through sales incentives — the Def Jam president and rapper will retain his role in product development and also enter into a new deal to launch the Shawn Carter Collection, an upscale luxury brand set to debut in 2008.”
Damon Dash sold Jay Z his stake in Rocawear for $30 million in 2003.This is a very nice profit for mr Shawn “Jay-Z” Carter.
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