Celebrities and Money

Soured Deal Between Rapper 50 Cent and Boxer Floyd Mayweather Teaches Valuable Financial Lessons

Anytime you and another person plan to have any dealings that involve money, you should put the terms of the deal in writing. This wisdom goes for roommates who plan to live together, people who loan money to relatives, friends who start a business together, and even for celebrities who plan to launch joint ventures.

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Tips for Splitting Assets: When Entrepreneurs Divorce

The owner of the Los Angeles Dodgers, Frank McCourt, is in divorce talks with his wife Jamie, the CEO for the team. This power couple is one of 1.2 million husband-and-wife teams who run a business together, according to the National Federation for Independent Business. And when couples split, often so can the business. John

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