Tag: George Foreman

  • Recognizing the African American Business Legends Throughout History; Our Take at the Black History Month

    The world has seen a lot of revolutions, while it has even heard the stories of lasting horrors through generations. Some parts are still witnessing a dictator’s rule, and some are still involved in inhuman occurrences. 

    The hatred and the differences have created an invisible wall between communities, the largest among these being for African Americans. History has told us and still is repeated each day somewhere in the USA. But there’s still a side that celebrates the contribution of blacks to the growth of the United States. 

    February month is celebrated as black history month, honoring African Americans from all ages and periods in US history. It is an eulogy and commemoration to those enslaved people from the early 17th century, who fought the battles for their rights. And a salute to those Black men and women who are living in the United States and have positioned themselves as a strong figure even though their community still faces threats in some parts. 

    As a tribute from our end to the colossus’ of the African American community we at StartupTalky are here with a list of legends in the business field and those who have brought significant changes in the world. 

    This list will excite you with the mentioned names and put you in wonder. If you are ready to be fascinated, hop onto our words and encounter what history has. 

    These are the black business personalities from different periods of history who became legends:

    Madam C. J. Walker
    Daymond John
    Janice Bryant Howroyd
    Binta Niambi Brown
    George Foreman
    Michael Jordan

    Madam C. J. Walker

    Name Madam C.J. Walker
    Born 1867
    Founder Madam C. J. Walker Manufacturing Company
    African American Business Legends - Madam C.J. Walker
    African American Business Legends – Madam C.J. Walker

    An opportunist and the first-ever successful black businesswoman in the history of the United States, Madam C.J. Walker was the daughter of former slaves in Louisiana. She was born in 1867 as Sarah Breedlove and left a mark as the first female self-made millionaire in America. 

    Walker was the founder of Madam C. J. Walker Manufacturing Company, which manufactured a cosmetics and hair care product line developed especially for black women. 

    In the initial days, she traveled all over America to promote her method of hair care, also known as the “Walker Method”, with her husband, for years. Eventually, she became the owner of a huge corporation and trained hundreds of beauticians under her. 

    Daymond John

    Name Daymond John
    Born 1969
    Founder FUBU, “For Us, By Us”

    Meet Daymond John | Shark Tank US | Shark Tank Global

    You might recognize Daymond John as the Shark (investor) on ABC’s reality television series Shark Tank, but he is much more than that. He is the founder of the streetwear clothing brand FUBU, which stands for “For Us, By Us”. John is also the CEO of Shark Group, which is a brand consultancy. 

    Daymond John mortgaged his mother’s home for USD 100,000, this seed money was then used to turn half of his home into a clothing factory, while the other half was used as a living space. His mother taught him to sew clothes and supported him during all of his and FUBU’s journey. 

    The Wool Ski hats were the first product that earned him USD 800 within a single day, back in 1992, after which he began selling screen-printed t-shirts. 

    A brilliant strategy he used was lending clothes to popular musicians to build brand recognition. The music videos led to a huge growth of the company and eventually FUBU became a successful clothing line. 

    The struggles he has faced during the initial days of making FUBU famous have kept him down to earth. His rough days have encouraged him to guide new entrepreneurs too. 

    Janice Bryant Howroyd

    Name Janice Bryant Howroyd
    Born 1952
    Founder The ActOne Group
    African American Business Legends - Janice Bryant Howroyd
    African American Business Legends – Janice Bryant Howroyd

    She is many things, an entrepreneur, a businesswoman, an author, and with that she holds a great experience from her fighting days as a black businessperson and a woman. The struggle was real and yet she is one of the most successful businesspeople in the USA. 

    Janice Bryant Howroyd is the founder and CEO of The ActOne Group, a firm that generated an annual revenue of more than USD 1 billion. The company is an employment agency and consultancy based in Los Angeles.

    Janice marketed her company in 1978 only through word of mouth. She is also recognized as the first African American woman who built a billion-dollar company. 

    It was in 1976 when Howroyd moved to Los Angeles and worked for her brother-in-law as a temporary secretary at Billboard Magazine. She started her company with a mere budget of USD 1000. Her first client? It was the same person she worked for, Tom Noonan.


    Top 10 Successful Black CEOs in America
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    Binta Niambi Brown

    Name Binta Niambi Brown
    Born 1973
    Founder Omalily Projects
    African American Business Legends - Binta Niambi Brown
    African American Business Legends – Binta Niambi Brown

    Binta Brown is the founder of Omalily Projects. A former attorney, with a successful career, Brown became an artist manager, by starting her own music production company. If you’ve heard of Music Lab, you should know that Binta Brown is also the executive director and co-founder of this nonprofit educational program. 

    Music lab looks after the young artists and musicians in Milwaukee, Wisconsin. She has always been enthusiastic to support the music industry with a business aspect. With open arms for black artists, Binta has managed to become a legend in the music industry. 

    She is on Billboards 2021 Change Agents List, and Billboards 2020 Hip-Hop & R&B Power Players list. Similarly, Binta Brwon is an entrepreneur with her name on the Billboard 2020 Women in Music List. 

    George Foreman

    Name George Foreman
    Born 1949
    Profession Professional Boxer, Entrepreneur
    African American Business Legends - George Foreman
    African American Business Legends – George Foreman

    At the age of 45, George Foreman became the oldest person ever to win a heavyweight boxing belt. This was in the 1990s, and this is how his journey into multiple business ventures began. 

    Today some various products and businesses have traces of Foreman. In the ’90s, a sensational grill ruled the whole era, it was named the George Foreman grill, which was George’s most appreciated business. However, the rights of that brand are owned by manufacturer Salton today, which were repurchased in 1999 for USD 137.5 million. 

    But as we mentioned earlier, it wasn’t the only business begun by the boxer. He also invested in EverybodyFights, a gym brand founded by his son George Foreman III. 

    Michael Jordan

    Name Michael Jordan
    Born 1963
    Profession Professional Basketball Player, Businessman
    African American Business Legends - Michael Jordan
    African American Business Legends – Michael Jordan

    You know him through Nike’s Air Jordan, a shoe line that is globally accepted by teens, fashion enthusiasts, and basketball players. Besides being the most celebrated basketball player, he has a hold on numerous brand partnerships. 

    Jordan is one of the most recognized basketball players for the extraordinary games that he played throughout his 15 seasons in the NBA. He managed to make an impressive record in the history of the NBA, gain marvelous points, and win a series of awards. But what’s more important is he owns the brand partnership of a billion-dollar business, Air Jordan itself. 

    Michael Jordan even has partnerships with Coca-Cola and Gatorade, Chevrolet, and McDonald’s. In 2021, he was named as the highest-paid athlete of all time by Sporting News. 


    List of Brands Endorsed by Michael Jordan
    Michael Jordan is a former basketball player and is one of the greatest basketball players of all time. Take a look at brands endorsed by MJ.


    The black side of America has faced huge community backlashes, less access, and racial rejection, but some have managed to thrive throughout history. 

    NBC News right after the pandemic issued that the number of Black-owned businesses has substantially grown by at least 38%. This growth was recorded from February 2020 to August 2021. 

    If you are interested in more intriguing lists and information keep visiting StartupTalky, because we like to see you more. 

    FAQs

    What is the black history month?

    February month is celebrated as black history month, honoring African Americans from all ages and periods in US history.

    Who are the African American business legends throughout history?

    Below are the top African American business legends throughout the history:

    • Madam C. J. Walker
    • Daymond John
    • Janice Bryant Howroyd
    • Binta Niambi Brown
    • George Foreman
    • Michael Jordan

    Who is Janice Bryant Howroyd?

    Janice Bryant Howroyd is an entrepreneur, a businesswoman, and an author, and with that, she holds a great experience from her fighting days as a black businessperson and a woman. She is one of the most successful business people in the USA. 

  • Top 10 Highest paid Celebrity Endorsements Deals

    Brand endorsements have always made celebrities wealthier than any of their movies, shows, or concerts. And celebrities are paid insanely by the most prominent brands. The bigger the star, the more it earns through brands. These brand endorsements are a fancy source of income for celebrities, especially in times of pandemics.

    There are tons of brands that pay huge amounts to their brand ambassadors. From sneakers like Nike and Adidas to soft drinks like 7up and Coke, these celebrities are everywhere. And through these celebrities and their enormous fan followings, brands get plenty of benefits and brilliant promotion tactics. In this article, we have discussed the highest-paid celebrity endorsement deals. Let’s get started!

    Top Highest-Paid Celebrity Endorsement Deals
    Top Highest-Paid Celebrity Endorsement Deals

    Highest-paid Celebrity Endorsers

    1. George Foreman
    2. David Beckham
    3. Sofia Vergara
    4. 50 Cents
    5. Charlie Theron
    6. Beyoncé
    7. DJ Tiesto
    8. Taylor Swift
    9. Jennifer Aniston
    10. Michelle Wie

    Biggest Endorsement Deals

    George Foreman

    Brand: Foreman Grills
    Endorsement Deal: $137.5 Million

    George Foreman - highest paid brand ambassador
    George Foreman | Celebrity Endorsements

    After the contract of Michael Jordan with Nike, George Foreman’s contract with the Foreman Grills is considered the best of all time, reported by CNBC. George Foreman is a former boxer and now he is widely known as the Boxing-legend-turned-grilling-guru.

    Foreman Grills was formerly known as Salton Electric Grills, but not very famous. As the boxing legend George Foreman’s name got connected with the company, the brand experienced massive growth.

    David Beckham

    Brand: Adidas
    Endorsement Deal: $160 million

    David Beckham - highest paid brand ambassador
    David Beckham | Celebrity Endorsement

    David Beckham is a well-known soccer legend, married to Posh Spice. David Beckham signed a lifetime endorsement contract with Adidas worth $160 million in 2003. Although he is retired, his brand is enough for him to earn a wealthy sum.

    Other than Adidas, David Beckham has endorsed several significant brands such as Burger King, Sainsbury’s, and Samsung.

    Sofia Vergara

    Brand: Assorted Brands
    Endorsement Deal: $ 94.5 million

    Sofia Vergara - highest paid brand ambassador
    Sofia Vergara | Celebrity Endorsement

    Sofia Vergara is counted among the highest-paid television actresses who starred in the “Modern Family” show. Sofia has a vibrant style of endorsing brands which makes her a top pick for many prominent brands. As per 2011, her estimated earnings were around $157.5 million and around 60% of that comes from some very prominent brands such as Pepsi, CoverGirl, Head & Shoulders, and Quaker Oats. This was around $94.5 million.

    50 Cents

    Brand: Vitaminwater
    Endorsement Deal: $100 million

    50 Cents - highest paid brand ambassador
    50 Cents | Celebrity endorsement

    50 Cents is the remarkable rapper who initially started as an investor and co-owner of the Glaceau- the company that founded Vitamin Water. At first, 50 Cents was to promote and endorse the brand with its enormous popularity. And when Coca-Cola bought this company in 2007, 50 Cents income was around nine figures.


    List of Brands Endorsed by Cristiano Ronaldo
    Cristiano Ronaldo is very particular about the brand he promotes and endorses. An interesting thing to note is he has also endorsed with Coca-Cola in the past.


    Charlize Theron

    Brand: Dior
    Endorsement Deal: $55 million

    Charlize Theron - celebrity endorsements
    Charlize Theron | Celebrity endorsement

    Charlize Theron is unprecedented when it comes to her getting a huge sum through brand endorsements, according to Playboy magazine. She is known for signing an 11-year contract worth $55 million with Dior for its signature fragrance- J’adore perfume.

    Beyoncé

    Brand: Pepsi
    Endorsement Deal: $50 million

    Beyonce - highest paid brand ambassador
    Beyoncé | Celebrity endorsement

    The fame of Beyoncé, not just in Hollywood but across the globe makes her one of the highest-paid brand ambassadors. Beyonce signed a multi-year contract with Pepsi worth $50 million. Pepsi was aiming for more remarkable heights and was ready to take the brand to the next level of Popularity far more than Television or prints. And the compassion towards Beyoncé by her fans made her the best suitor by Pepsi.

    DJ Tiesto

    Brand: 7UP
    Endorsement Deal: $30 million

    DJ Tiesto - highest paid brand ambassador
    DJ Tiesto | Celebrity endorsement

    In 2014, the company soda giant 7UP made a contract worth $30 million with DJ Tiesto for the company’s signature drink, reported by Billboard.

    7UP not only signed a deal with DJ Tiesto but also sponsored the release party with a stage at a huge Las Vegas music festival.


    How did Coca-Cola lose $4 billion – Coca-Cola VS Cristiano Ronaldo Complete story
    In a recent news, Coca-Cola lost around 4 billion after the Portuguese Footballer, Cristiano Ronaldo moved the Coca-Cola bottle aside.


    Taylor Swift

    Brand: Coca-Cola
    Endorsement Deal: $26 million

    Taylor Swift - highest paid brand ambassador
    Taylor Swift | Celebrity endorsement

    Taylor Swift is the brand ambassador of some of the biggest brands in America which listed her with the A-listed endorsement deals. She has signed deals with CoverGirl, Apple, Keds and the most extraordinary one is with Coca-Cola.

    In 2013, she signed a deal worth $26 million with Coca-Cola for its Diet Coke. With the popularity of Taylor Swift, she acts as the best ambassador for several brands.


    Top 5 Highest-paid Athletes in the World for Twitter Posts
    Top athletes in the world make money through Endorsement deals, appearance fees. But do you know how much Athletes earn for just one tweet.


    Jennifer Aniston

    Brand: Emirates Airlines
    Endorsement Deal: $5 million

    Jennifer Aniston - highest paid brand ambassador
    Jennifer Aniston | Celebrity endorsement

    Jennifer Aniston is counted among the highest-paid actresses in Hollywood after her enormous success in the final season of FRIENDS, where she made $1 million for each episode. Besides her huge success in Hollywood, Jennifer Aniston works with several brands like Smart Water, Hair product Living Proof and Aveeno. Her most remarkable endorsement is with Emirates Airlines which is a Dubai-based Airline company. Jennifer Aniston signed a deal worth $5 million for this endorsement.

    Michelle Wie

    Brand: Nike
    Endorsement Deal: $4-5 million

    Michelle Wie - highest paid brand ambassador
    Michelle Wie | Celebrity endorsement

    Michelle Wie is widely famous for her several endorsements worth millions of US Dollars. Michelle Wie is the youngest player ever, who at the age of 10 qualified for the USGA Amateur Championship. Later at age 13, she became the youngest player ever to cut for the LPGA Tour.

    With her brilliant performance and huge fan following, Michelle Wie signed a contract worth $4-5 million dollars per year with Nike.


    Endorsement Fees For Top Indian Cricketers
    Here’s a list of top Indian Cricketers & the price they charge for brand endorsements. Take a look to find out about your favourite cricketer.


    Conclusion

    The most fascinating lives are of Celebrities whether it’s acting, music, or sports. And when they are on the top, there’s no limit of millions in their bank account. But the most intriguing thing is, a large fraction of their income comes from the brands they endorse.

    The highest-paid celebrities make millions just through brand endorsements. And the celebrities listed above are few among the dozens who earn the most through their brand endorsements. Some of these do not make any from the movies or shows but only through brand endorsements. And social media has boosted this to the next level of fame.

    Fans often tend to follow their favorite celebrity and when these celebrities promote a certain brand, its engagement with the customer increases. And that’s what keeps these celebrities in millions.

    FAQs

    Who is the Highest-Paid celebrity?

    Kylie Jenner is the highest-paid celebrity who earned around $590 million.

    Who was the highest-paid celebrity on Instagram?

    Dwayne ‘The Rock’ Johnson was the highest-paid celebrity on Instagram earning around $1,015,000 per post.

    Who has most brand endorsement deals in India?

    Shah Rukh Khan has the maximum number of endorsements with endorsement deals with 39 brands.

    Who are the most famous brand ambassadors?

    Most famous brand ambassadors highly paid for endorsement deals are:

    • George Foreman
    • David Beckham
    • Sofia Vergara
    • 50 Cents
    • Charlie Theron
    • Beyoncé
    • DJ Tiesto
    • Taylor Swift
    • Jennifer Aniston
    • Michelle Wie