Known for her individuality, tennis star Serena Williams has now become the first athlete to make it to Forbes’ annual list of the World’s Richest Self-Made Women. She has an estimated $225 million fortune, C noted.
The 23 Grand Slam winner is an investor, having put money into 34 start-ups over the past five years. With her latest investment entity, Serena Ventures, which was launched last April, she became richest. According to Williams, the firm caters to a social purpose, focusing on funding companies run by women and minorities. So far, 60% investments have gone to companies led by women or people of colour.
Cover star Serena Williams is the 1st athlete ever to hit Forbes’ annual list of the World’s Richest Self-Made Women, with an estimated fortune of $225 million.
Stay tuned for the full #SelfMadeWomen list launching tomorrow https://t.co/GsRAR8PZm4 pic.twitter.com/0xIm3FNbrV
— Forbes (@Forbes) June 3, 2019
Notably, the tennis ace has recently joined Indian actress Priyanka Chopra as an investor for the dating application Bumble. The actress welcomed the tennis star and tweeted, “Welcome to The Bumble Fund, Serena Williams! We’re very lucky to have you on board… Bumble.”
This is not the first time that the tennis superstar has invested in a company. She has shares in around 30 companies through her own platform, Serena Ventures, including Brandless, The Wing, and Billie. In addition, she serves as a board member of Silicon Valley companies Poshmark and SurveyMonkey.
“The prominent tennis player has blown away any number of barriers and stereotypes, proved to be a smart and successful businesswoman who made the vast majority of her fortune via her brain and brand rather than her backhand.”
According to Forbes, “The prominent tennis player has blown away any number of barriers and stereotypes, proved to be a smart and successful businesswoman who made the vast majority of her fortune via her brain and brand rather than her backhand.”
“I want to be a part of it,” Williams, 37, said about her financial investments. “I want to be in the infrastructure. I want to be the brand, instead of just being the face.”
The 37-year-old American made $29 million from endorsements over the past 12 months, thus having the highest income of her sports career.
Along with her investments, the 37-year-old American made $29 million from endorsements over the past 12 months, thus having the highest income of her sports career. “I learned you can’t overspend, but I also learned that I love seed investing,” she said adding, “It’s fun to get in there. I don’t gamble. I don’t jump off buildings,” says Williams. “I’m the most non-taking-a-chance kind of a person, but I felt like seed was where we wanted to be.”
Apart from the investments, Serena Williams has been outspoken about various social issues related motherhood and parenting. Earlier she had boldly accepted that she was suffering from “postpartum emotions” and it was hard to cope with the struggles of balancing family, life and tennis. “I read several articles that said postpartum emotions can last up to three years if not dealt with,” she said, NDTV reported.
The 36-year-old American missed most of the 2017 WTA season due to her pregnancy. The tennis ace has earlier spoken about the complications she suffered after giving birth to her daughter. During her pregnancy, she was ranked No 1 in the world and won the Australian Open in her first trimester.
EndSARS: Tension as N’Delta militants roll out 11-point demand
WARRI- MILITANT groups from the nine states of the Niger Delta region, which vowed to resume hostilities, last Monday in support of #EndSARS protests, triggered fresh anxiety, weekend, as it presented 11 new demands to the Federal Government.
Leader of the militants under the auspices of Reformed Niger Delta Avengers, RNDA, self-styled “Major General” Johnmark Ezonebi, in an electronic mail statement, said the coalition had communicated multinational oil companies to evacuate their staff to avoid human causalities.RNDA stated: “In support of the existing demands by the #EndSARS protesters, we have added new demands that could stop the mayhem on foreign oil multinationals, oil and gas infrastructures and the Joint Military Task Force involved in the Operation Crocodile Smile in the region.”
We have vowed to take the destiny of our region into our hands and kick-start the occupation of all the major oil wells and the oil platforms, we will also bring down all major crude oil production pipelines to zero,” it added.
First on the demands of the RNDA is: “Urgent release of the N98 billion gas flare penalty fund to the host communities of the Niger Delta, which are funds domiciled in the Federation Accounts through the Central Bank of Nigeria, CBN, by the International Oil Companies, IOCs, as payment to compensate the communities being affected in the creeks of the Niger Delta due to their environmental pollutions and environmental hazard caused the multinational oil companies.”
The group recalled the President Muhammadu Buhari administration withdrew $1 billion from the Excess Crude Account sometime in 2019 to acquire heavy weapons to fight Boko Haram insurgents in the North East, adding: “This is wicked and insensitive to the peace accord signed with the people of the Niger Delta region, most especially the RNDA militant group that accepted the ceasefire agreement on 21st of August 2016 and nothing has been done so far.”
“Secondly, we demand the total control of our God -given resources in the region. If some parts of northern states are allowed to operate and will be given license to engage in illegal mining and sale of gold, it means it is time the people of the Niger Delta region, especially the Ijaw ethnic nationality be given equal opportunity to go ahead with artisan and local refining of crude oil in the creeks without any form of intimidation and harassment from the Nigerian government as well.
Thirdly, RNDA demands that riverine areas in Niger Delta be connected to the cities with roads and bridges with provisions in the 2021 budget. A road project for instance should connect Warri to Ogulagha, Burutu local government area, which is a host to Forcardos Terminal, producing over one million barrels of crude oil that contribute trillions of dollars to the federal government on daily basis.
“Fourthly, the proposed 2021 budget, which appropriated billions of naira to the Minister of Niger Delta Affairs, Senator Godswill Akpabio, and the Niger Delta Development Commission, NDDC, should be withdrawn and put on hold and the Minister of the Niger Delta Affairs should not be allowed to defend the proposed budget until the substantive board of the NDDC is inaugurated and sworn in by President Muhammadu Buhari.
We also demand that Senator Godswill Akpabio be mandated to hold a town hall meeting with the traditional rulers, stakeholders and leadership of RNDA militant group in the creek in order to show a genuine intention that the budget proposal will not witness embezzlement and diversion of billions to Akpabio and his cronies’ pockets without any tangible and practical development in the creeks of the region.”
“And we also demand immediate take- off and re-opening of the Burutu Seaport by the federal government, which should be included in the 2021 budget.
More importantly to the RNDA militant group, we call for an emergency review of the Revenue Allocation Act in other to give proper interpretation of the 13 per cent derivation funds that will not be deposited in the hands of the so- called inhuman wicked corrupt minded Niger Delta governors that has been pocketing the billions of naira on monthly basis from the federation allocation account without getting to the oil producing communities in the creeks of Niger Delta and without any accountability to the long neglected emancipated oil producing communities that are the original owners of the 13 per cent derivation funds , according to section 162 sub section 2 of the 1991 constitution as amended.
“So we demand proper interpretation of this Act by the Attorney General of the Federation as to the chief law officer of the country because the people of the Niger Delta oil producing communities are tired of this perpetual man-made injustice caused by the so -called Niger Delta callous inhuman wicked and corrupt minded governors.
“We also called for a review of the four-point agreement with the Host Communities of Nigeria, HOSTCOM, which was submitted to the federal government by the national chairman, Prince Mike Emuh, and has not been approved up till date. The provisions of the agreement which include 10,000 pipeline surveillance jobs to the oil producing communities through the leadership of HOSTCOM has not been approved.
Yet the Nigeria National Petroleum Corporation, NNPC went ahead to award pipeline surveillance contract to one individual, Chief Captain Hosa Wells Okunbor, who is the managing director of Ocean Marine Solutions Company that is handling the pipeline surveillance security contract worth over 18. 6 million dollars annually just for OML30, which is TFP pipeline security surveillance contract alone.
“Not to talk of the Trans Escravos Warri Kaduna pipeline amounting to over 20. 5 million dollars annually and that of the Bonny Nembe Creek trunk pipeline surveillance job that worth over 2.7 million dollars contract in the creek of Niger Delta. RNDA and HOSTCOM are not benefiting from these billion dollars pipeline surveillance security contract jobs in the hands of one individual from Edo state and the situation will not be accepted any more in the creek as far as the pipeline surveillance security contract job is concern.
Therefore, RNDA demands pipeline security surveillance job to accommodate the members of the Reformed Niger Delta Avengers group, who are over 5,000 in the creek and we will no longer allow this to happen any more in the creek or else we will bring down all the pipelines in our creek within the stipulated time of ultimatum.
“Furthermore, we demand release of the 10 licenses for modular refineries in Niger Delta, which the federal government has not approved up till this moment, yet the Federal Executive Council is approving billions and trillions every week in the presidency through the sales of our crude oil on 1.86 million dollars to 2.2 million dollars barrels on daily basis without any tangible,” the militants said.
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