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Post by MulaiAzhagi Thu Aug 16, 2012 3:21 pm

http://www.nytimes.com/2012/08/16/nyregion/with-the-nets-jay-z-rewrites-the-celebrity-investors-playbook.html?pagewanted=all

As much as his partners, including Mikhail D. Prokhorov, the Russian billionaire who bought 80 percent of the team in 2009, are getting out of him, Jay-Z, whose real name is Shawn Carter, is benefiting handsomely, too, beginning with free use of one of 11 exclusive “Vault” suites, for which paying customers are charged $550,000 a year.

And Mr. Carter, he said, appeared nervous about having to meet with David Stern, the N.B.A. commissioner, who asked him to discuss his guilty plea to stabbing a record producer in 1999. (Mr. Carter described the incident, for which he received three years’ probation, as a symptom of “the world I lived in once,” Mr. Ratner recalled.)


===> Just three years probation for stabbing someone?

Now this guy is a respecatble investor!

MulaiAzhagi

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