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VIDEO: How Michael Jordan Became A Billionaire



NBA legend and Charlotte Hornets owner Michael Jordan is the greatest basketball player of all time. A few years ago, MJ also became the first NBA billionaire. Here’s how #23Savage hit the big B.

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What up #wealthgang.

OK, so whenever there’s economic uncertainty, there’s opportunity en masse — and this pandemic is no different. But we’re not about that COVID-19, we’re about that COWEALTH-20. 🔥

(Yes, really. #cowealth20)

Anyway, in spite of things being the way they are, there’s still money to be made, connections to foster and a life that goes on. 

As a result of that, we’ve launched a series right here on WealthLAB TV called #MoneyTalks, dedicated to unlocking opportunity while the ‘Rona got the world shook.

Introducing #MoneyTalks on WealthLAB TV…

For that, we’ve enlisted impact investor/ editor Philip Michael as de facto WealthLAB TV host to help break down some ways to start investing, build a better network and capitalizing on opportunities during this pandemic.

“There’s no better time than now to start investing, start building a new skill set or just expanding your network,” says Philip, who started in 2014 as a writer with $79 in seed money. 

We’ll be dropping daily vids, with gems dropping en masse on a variety of topics. 

About your host…

OK, so if you don’t know Phil, here’s the official bio, jargon and all: Philip Michael is an entrepreneur, investor, bestselling author, and real estate developer.

(He also created wealthlab and #openstage, but that’s another story for another time…)

Since 2017, Philip’s built a company $57M in real estate developments, including the first minority-owned high rise in Jersey City and a $10M AI-powered complex in Philadelphia.

“Our goal—mission really—is to help 100,000 Millennials from underserved communities, whether it’s women or minorities, become financially independent,” he says.

Some recent news:

Philip recently launched a $50M real estate IPOa story broken by Forbes—dedicated to helping 100K+ Millennials become millionaires by 2030. 

In addition, he’s an early-stage venture capital investor in women and minority-led startups.

His Instagram account is one of the littest money pages on the ‘Gram, growing by over 400% per month.

A former journalist, Philip’s currently a business columnist whose stuff’s been seen on Forbes, Entrepreneur, Black Enterprise,, and others.

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VIDEO: How Far Does $150K A Year Get You In New York City?



Source: HuffPost

No matter what metric or list you look at, it goes without saying: New York City is one of the most expensive places in the world to live in.

In this video, CNBC spoke to a Millennial who runs her own brand consulting agency and wants to #WealthHACK her way to retirement by 40.

She makes $150K a year. But how far does that actually get her? Check it out.

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