JAY-Z: Grammy-winning rapper, business mogul...financial advisor?
Money guru and author Ash Exantus says he found “finance jewels” in the artists latest album “4:44”, on topics from credit score to estate planning to moving up the corporate ladder.
“Become an entrepreneur even within your job,” Exantus told Cheddar. “Take initiative and show you know what the company’s objectives are and how they make money. If you don’t, you should learn what’s important to the company and then go above and beyond, showing, ‘Listen, I bring worth to this company.’”
But if you’re not satisfied working for someone else, Exantus also found plenty of inspiration for potential entrepreneurs.
“A lot of us have skills and intellectual property or ideas that we want to [pursue], but we trade that for an advance,” he told Cheddar. “Whether it’s working for somebody full-time, or whether it’s not fully believing in it and selling equity and whatever we have.”
“We have to take a chance, believe in ourselves, believe that what we can actually monetize, and take the chance over advance.”
JAY-Z’s album isn’t just good for money matters, of course. “4:44” tops the list of Grammy nominations with eight nods. The 60th annual awards ceremony takes place this weekend.
For full interview [click here](https://cheddar.com/videos/personal-finance-lessons-from-jay-z).
Nestlé has dismissed its CEO Laurent Freixe after an investigation into an undisclosed relationship with a direct subordinate. The company announced on Monday that the dismissal was effective immediately. An investigation found that Freixe violated Nestlé’s code of conduct. He had been CEO for a year. Philipp Navratil, a longtime Nestlé executive, will replace him. Chairman Paul Bulcke stated that the decision was necessary to uphold the company’s values and governance. Navratil began his career with Nestlé in 2001 and has held various roles, including CEO of Nestlé's Nespresso division since 2024.
Kraft Heinz is splitting into two companies a decade after they joined in a massive merger that created one of the biggest food companies on the planet. One of the companies will include brands such as Heinz, Philadelphia cream cheese and Kraft Mac & Cheese. The other will include brands like Oscar Mayer, Kraft Singles and Lunchables. When the company formed in 2015 it wanted to capitalize on its massive scale, but shifting tastes complicated those plans, with households seeking to introduce healthier options at the table. Kraft Heinz's net revenue has fallen every year since 2020.
About 780,000 pressure washers sold at retailers like Home Depot are being recalled across the U.S. and Canada, due to a projectile hazard that has resulted in fractures and other injuries among some consumers.
