Ice Cube Part Of Investment Group To Buy 22 Sports TV Stations

The West Coast Rap All Stars Show was held in Planet Hollywood Casino Hotel in Las Vegas

Source: / WENN

Ice Cube has long established himself in other areas outside the medium of music and acting, and now he’s hoping to get into the sports television business too. The rapper and actor is part of an investment group that is hoping to purchase 22 regional sports stations.

The Blast reports:

According to our sources, the legendary rapper is joining forces with Carolyn Rafaelian, the founder of popular bangle brand Alex and Ani, in a bid to buy 22 regional sports television stations.

Sources close to the deal tell The Blast that Rafaelian “is going in huge on this” with Ice Cube and will be investing heavily in the deal.

Rafaelian, based on the success of the Alex and Ani brand, is #21 on the Forbes list of America’s Richest Self-Made Women. She was also named “America’s richest jeweler.” She was also named one of People Magazine’s “25 Woman Changing the World.”

Cube is also being joined by his partners in the Big3 basketball league in making the bid.

According to the Wall Street Journal and also mentioned by the outlet, the stations are valued at $ 25 billion. Disney has to let the stations go as part of their deal to acquire 21st Century Fox.

Photo: WENN

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When the stock market starts to go nuts, when you find the word volatility creeping into your conversations—and not just to describe your boss—you may find yourself thinking, “Where could I park my money that won’t be subject to such wild swings? Is there an investment I can make—preferably in something beautiful, something I can actually enjoy for decades!—that will also fund my old age?”

Of course, as in so much else in life, financial hindsight is 20/20: If only my dad had bought that little yellow house in Montauk for $ 14,000 in 1961! If only I had ripped a Keith Haring Radiant Baby graffiti off a subway station wall 30 years ago!

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Which brings us to jewelry! This stuff practically is money (Just ask a drug dealer, or a refugee from czarist Russia, what the best way to smuggle money across borders is, and they will point to a batch of bling hidden in their underwear.) B. says your pieces should be signed if at all possible, and that Van Cleef and Cartier are at the top of this glittering pyramid. To this duo, you can add Verdura and Bulgari, and more contemporary pieces by JAR.

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The post Is There a Fashion Investment That Will Fund Your Old Age? One Writer Investigates appeared first on Vogue.

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The post 13 Stunning Diamond Earrings That Are Well Worth the Investment appeared first on Vogue.

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