Per Billboard Magazine, the final numbers for Lil Wayne's tour are in. His North American tour is the highest grossing hip hop tour of the year. The tour grossed Million and was seen by 804,000 fans. Talk about going viral! But little is known as to who and how this type of money was made.
The concert promotion industry is very shady. In fact, back in the day hip hop group A Tribe Called Quest had one of the most prolific and well known verses in all of the hip hop "Industry Rule Number 4080, record company people are shady". This main rule is really talking about concert promotions, club promoters, and anyone associated with bringing artists to a city.
There are war stories from artists in dealing with promoters who brought them out to a venue, they rocked the club or concert, and never got paid. There are more stories of this occurrence than not. So, in a shark eat shark world of concert promotions, how did Lil Wayne gross Million in this economy? One team with a vision and rock solid performance - Sports Entertainment and Financial Group out of Philadelphia, PA. The company has a long history of success and financial management and is run and managed by two financial industry heavyweight champions, Shawn Gee and Charles "Tank" Harris.
Prior to this Mr. Gee worked for CitiGroup (NY) in its Private Client Division. The youngest VP in his sector, Mr. Gee firmly established a strong reputation as he managed a widely diversified portfolio of high net worth clientele, those of greater than million in assets. He received his MBA, with a concentration in Finance and Investments, from George Washington University in 1997 and is a member of the National Black MBA Association.
Charles "Tank" Harris graduated from Temple University in 1995 with a BBA in Finance. Shortly after graduation, Mr. Harris took a position with Salomon Smith Barney as a Series 7 registered representative. After amassing over 0 million in client assets, he moved to UBS Financial Services in 2000. Realizing that the majority of his client base was athletes, Charles founded Athletic Business Management, Inc. in 2001, with the intent of addressing the varied business and financial needs of his unique client base. Charles currently resides in Cherry Hill, NJ with his wife Dana and their five daughters.
The Sports and Entertainment Financial Group is the industry leader in providing full service business management solutions to their client base. SEFG is staffed with professionals with expertise in various areas of finance and accounting as well as highly trained customer service professionals.
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