Business and Finance
How This Financial Expert Went From Welfare to Millionaire

Alfred Nickson, who went from welfare to millionaire by age 25, has dedicated his profession to educating hundreds of African Americans about constructing wealth.
Now 31, the financial expert has mentored greater than 100 six-figure earners and his mother retired.
“Wherever you are, be ready to swing the bat,” Nickson told BLACK ENTREPRENEURSHIP“You can’t hit a home run if you don’t swing. I put myself in a position where I not only swung the bat, but I wanted to put people in a position to win. So I put people on base.”
He continued, “When I swing the bat, I don’t just hit a home run. I hit a grand slam. That means everyone who was on base and in position got to go home and taste success. I encourage everyone to swing the bat so you can hit your home run, too.”
Nickson began exploring home-based business shortly after highschool. The young entrepreneur earned a complete of $1,500 in his first three years of entrepreneurship. Despite a scarcity of funds and folks telling him to consider getting a “real job” and going to school, he wouldn’t stop.
In his fourth 12 months, Nickson made his first six figures by leveraging his passion for financial literacy. A number of years later, Nickson hit the million-dollar mark.
Nickson encourages anyone looking to improve their financial situation this 12 months to think outside the box and do these three things.
Go from Prosperity to Wealth by Starting with Assets
Knowledge is power. When you already know where you’re financially, you possibly can determine exactly how much money you would like to get to where you would like to be.
Nickson suggests creating an inventory of the whole lot you own. This list represents your assets.
“These could be tangible items like a vehicle or jewelry, stocks, bonds, or life insurance policies,” Nickson says in an email. “Even a pair of gold earrings can be added to an asset and is better than no assets at all.”
Nickson meets along with his team every month to get a greater picture of his net value. That number is how much you own (assets) minus how much you owe (liabilities). That’s the magic number that wealthy people use to gauge their financial health. Nickson also suggests having a superb tax strategy to show you how to keep more of the cash you earn.
Sign up for all times insurance
Seeing that so many individuals in his community had a GoFundMe account, Nickson decided to educate more people about life insurance.
“Who needs life insurance? Everyone.”
Life insurance should not be limited to death advantages. It will also be used as a wealth-building strategy.
“Choose between whole life and term life insurance,” says Nickson. “Term life insurance is more valuable and generally costs less per month. Both can provide millions of dollars to your loved ones when you die.”
In addition to life insurance, Nickson says wills and trusts also needs to be a part of your financial statement.
Earn extra cash to go from welfare to wealth
Nickson recommends starting a home-based business since the infrastructure is already there. He says the barriers to entry are low and anyone can start with just just a few hundred dollars. The better part is which you could start earning money straight away.
In his first 12 months, Nickson hit six figures. In his second 12 months, he hit greater than half 1,000,000 dollars. In his third 12 months within the finance industry, he made his first million dollars.
How to Get Started on Your Home Business Path? Identify What You’re Passionate About.
“If you’re passionate about something, you put your heart into it,” Nickson says.
Business and Finance
Lool Deng increases the net value with a successful property

Former Chicago Bulls player, Lool Deng, couldn’t win any NBA championships or had no max contracts during his profession. However, its net value is greater than a few NBA players who’ve global recognition and still play in the league.
According to the man who was Born in South Sudan It has a personal net value of over $ 200 million, exceeding Stephen Curry ($ 180 million), Dwyane Wade ($ 170 million) and James Harden ($ 165 million). Deng has never had the pleasure to get a style of contracts that the athletes concluded during their profession, but his ventures, other than the pitch in real estate, put over them.
During his NBA profession, while playing for Bulls, Cleveland Cavaliers, Miami Heat, Los Angeles Lakers and Minnesota Timberwolves, his total earnings amounted to $ 166 million in a few years from 2004 to 2019.
Most of the money he earned comes from his real estate company, D3N9, which he began in 2014, ending his profession in the game. He received suggestions in the field from the real estate entrepreneur Don Peebs and former banker Wall Street David Gross, who’s the investment director of his company. Under the umbrella of his company, his portfolio includes hotels, resorts, apartments and residential buildings. Real estate is distributed in Africa, England and the United States and have a total value of $ 125 million.
In the United States D3N9 has multi -family units in Baltimore, houses in Hamptons, Virgin Hotels Las Vegas and a luxurious resort in the Bahamas. His business and bravado led him to earn more cash except sport than lots of his peers who earn most of their income.
After growing up in Brixton, South London, he played his collegial profession at the Duke University before he was elected in the first round of NBA Draft by Phoenix Suns with the seventh selection in 2004. He created the ALL-Star team twice during his profession and was a member of the second NBA team in 2012.
When he retired in 2019, he had 13,361 points, 5,468 rebounds and a couple of,042 assists.
(Tagstranslate) lool deng
Business and Finance
Live Nation plans to improve the Atlanta Center with an investment $ 5 billion

Live Nation Entertainment invests in its portfolio of real estate, committing to a plan value $ 5 billion to update the center of Atlanta about the district of the stadium.
The live entertainment company plans to rent a spot for 5,300 places at the Centenary Shipyard in Atlanta. Currently developed next to State Farm Arena and the Mercedes-Benz stadium, a mixed megaproject costs $ 5 billion.
According to Live Nation Will cooperate with sports teams and real estate programmers on the undertaking. The owner of Atlanta Hawks, Tony Ressler, whose team is playing at the arena, and his brother Richard Resssler, the owner of a CIM programming company, have already began introducing the project to realization.
“The fact that Live Nation decided to be in the center of Atlanta is a great matter,” said the co-founder and director of CIM, Shaul Kuba. “We are creating a completely new market in Atlanta, which did not really exist before.”
It focuses on stadiums as a central element. However, the inclusion of Live Nation will ensure readiness and skill to bring artists from the list A in the center of Atlanta. His concert place will turn into one in every of the largest live internal theaters.
While the project guarantees to help the city of a fighting in the city center, economists don’t seem to sell in the neighborhood model at the stadium. Opposes experts say that projects use taxpayers’ funds to reverse expenditure from the community to the latest stadium.
Reflection of the city itself, the center of Atlanta (*5*)it stays variedAccording to black people, they constitute 48% of his population, according to. However, his financial and residential slowdown, escalated during a pandemic, makes him a brand new trial place for stadium districts.
Until now, the centenary has made slow progress due to approval, permits and partnerships of city officials. In the case of only $ 1.3 billion in his budget, he has 162 apartments, brewery and pavements established in the area.
However, for the World Championships in 2026, a team of programmers hopes to complete a 304-unique apartment complex, together with hotels, restaurants and retail trade. In addition, he hopes to construct an addictive bar from cinema-sports, which might fit 1,500 participants.
In addition to investing in the creation of space in the center of Atlanta, Live Nation also plans to add 20 more places to its portfolio until 2026. He hopes to play an vital role in the developing entertainment industry and real estate in sport.
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Business and Finance
The company supported by Aliko Dangot acquires POLLMAN Kenya trips
Africa Travel Investments, concentrated company acquired Pollman’s trips and safari, the oldest organizer of Kenya trips. The agreement emphasizes the numerous trust of Private Equity in the long run of the Kenya tourist sector, a key factor contributing to the national economy.
The Competition Office in Kenya (CAK) previously approved the takeover of Africa Travel Investments in the quantity of 100% of the Pollman’s issued share capital.
Pursuant to the CAK statement: “In relation to the proposed transaction, after merger, the share in the integrated entity’s market will not change, because the goal and the buyer is not in a similar company, and therefore this will not affect the structure and concentration of markets for tour operators in Kenya.”
This takeover occurs after the February investment of Alterra Capital, the Private Equity fund supported each by Danglot, the richest person in Africa, together with chairman Dangot Cement, together with the American billionaire Dave Rubenstein, on the ARP Africa Travel Group, Pollman’s mother company. According to CAK, connection won’t be going to affect A competitive landscape of the concert market in Kenya, including the obligatory focus of adventure and abundant safari.
The regulatory authority also determined that the acquisition won’t be going to adversely affect the employment or competitiveness of smaller firms contained throughout the industry.
CAK said: “The office also stated that the contract does not pose a threat to jobs or competitiveness to small companies, two of the key fears related to the law to Kenya. The parties indicated that they would not cause any losses of employment from the takeover.”
According to the Nigerian tycoon, it’s value $ 23.2 billion. Vast business empire dangot Include Dangote Cement, a serious cement producer on the continent with operations covering 10 African nations. His investments also include the production of fertilizers in Nigeria and the recently operational refinery of Dangot.
The acquisition of Pollman by the entity supported by Danggot signals diversification to the promising tourism market in Kenya.
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