Money Matters - Simplified


Madonna to open fitness center in Moscow

New York -- The second location of pop star Madonna's Hard Candy fitness center chain will be in Moscow, the gym's representatives said Thursday.

Madonna, in partnership with her manager Guy Oseary and Mark Mastrov, chairman of New Evolution Ventures, said the Moscow location is expected to open in mid-March.

The new facility will be "a beautifully designed and unique 35,000-square-foot space located near Red Square," they said in a news release.

It will also include a partnership with Irina Razumova, founder of the Russian franchise Planet Fitness.

Madonna to launch "Hard Candy" gym chain

Madonna is soon going to launch her own global gym chain. Known for her passion of fitness, the pop star will reportedly be opening a series of gyms with the name "Hard Candy" in various cities around the world.

Michael Jackson’s riches surge after his death

He might have faced many financial woes in the last few years of his life, but Michael Jackson’s riches took an upward swing after his death. With $275mn in licensing and sales revenue, the late singer has been declared this year's top-earning dead celebrity by Forbes magazine.

Brahim Rachiki is Madonna's new boyfriend!

Pop icon Madonna has found a new man in her life! According to new reports, the ‘Material Girl’ is currently dating the man 19 years her junior.

Madonna blasts sentence given gay couple

Blantyre -- Pop star Madonna, who has adopted two children from Malawi, calls the 14-year sentence given a gay couple there "a giant step backward."
In a statement on her Web site Friday, Madonna blasted the judge.

"I am shocked and saddened by the decision made today by the Malawian court, which sentenced two innocent men to prison," she said. "As a matter of principle, I believe in equal rights for all people, no matter what their gender, race, color, religion, or sexual orientation. Today, Malawi took a giant step backward. The world is filled with pain and suffering; therefore, we must support our basic human right to love and be loved."

Marry men your own age or risk an early death

Women who couple up with younger men are bound to have shorter lives, says a new research. Men, on the other hand, raise their life expectancy by pairing up with younger girls.

Sean Penn sent to anger management post paparazzi clash

Actor Sean Penn has been sentenced to community service and anger management counseling for the spat he had with a photographer last October.

Madonna visits Malawi

Gumulira, Malawi -- Pop star Madonna visited Gumulira, a Millennium Village of about 5,000 people in rural Malawi, Monday, organizers of the non-profit Raising Malawi said.

The organization, co-founded by the singer, has been a partner in the Millennium Villages project in Gumulira since its inception in 2006.

Madonna talked to local people and reviewed the progress being made in the area.

She was joined in Gumulira Monday by Hans Vestberg, president and chief executive officer of Ericsson, and Professor Jeffrey Sachs, the director of The Earth Institute at Columbia University and co-founder of Millennium Promise.

Madonna, daughter designing fashion line

New York -- U.S. pop star Madonna says she and her 13-year-old daughter Lourdes Leon are collaborating on a teen clothing line for Macy's.
The garments are slated to hit stores in August.

"I did a line for H&M, which I enjoyed, but it was a lot of work," Madonna told Us Weekly. "I thought, 'I don't want to give up the rest of my careers, so I'm not going to do my own line again.' But I have a 13-year-old with tireless energy who wanted to do this. I've been involved in business meetings, but Lola's really doing the work. I just sit in the corner on my BlackBerry!"

The 51-year-old recording artist said Lourdes's style "is inspired by kids she sees in hip-hop and ballet classes, European influences, bands she listens to."

Madonna to launch own fashion line called 'Material Girl'

Pop-star Madonna is soon going to launch her own fashion line. The singer, along with Iconix Brand Group, has uncovered a joint venture to launch a collection of junior’s apparels.