• Destiny's Child, featuring Kelly Rowland, LaTavia Roberson, Beyonce Knowles and LeToya Luckett, at the Soul Train Awards in Los Angeles, California, on September 3, 1998. Getty Images
    Destiny's Child, featuring Kelly Rowland, LaTavia Roberson, Beyonce Knowles and LeToya Luckett, at the Soul Train Awards in Los Angeles, California, on September 3, 1998. Getty Images
  • Destiny's Child, in contrasting denim, in Los Angeles, California, on February 21, 2000. Getty Images
    Destiny's Child, in contrasting denim, in Los Angeles, California, on February 21, 2000. Getty Images
  • Destiny's Child, in neutral hues, at the 42nd annual Grammy Awards in California on February 23, 2000. Getty Images
    Destiny's Child, in neutral hues, at the 42nd annual Grammy Awards in California on February 23, 2000. Getty Images
  • Beyonce, in leather trousers, and jazz guitarist Chris Spencer pose at the Black Sports Agents Association press conference on May 9, 2000 in Beverly Hills, California. Getty Images
    Beyonce, in leather trousers, and jazz guitarist Chris Spencer pose at the Black Sports Agents Association press conference on May 9, 2000 in Beverly Hills, California. Getty Images
  • Destiny's Child, in lemon dresses, arrive at the Soul Train Lady of Soul Awards on September 2, 2000, in Santa Monica, California. Getty Images
    Destiny's Child, in lemon dresses, arrive at the Soul Train Lady of Soul Awards on September 2, 2000, in Santa Monica, California. Getty Images
  • Destiny's Child, in leather ensembles, arrive at the MTV Video Music Awards held at Radio City Music Hall on September 7, 2000. Getty Images
    Destiny's Child, in leather ensembles, arrive at the MTV Video Music Awards held at Radio City Music Hall on September 7, 2000. Getty Images
  • Michelle Williams, Beyonce and Kelly Rowland, in all black separates, at the 43rd annual Grammy nominations press conference on January 3, 2001 in Beverly Hills, California. Getty Images
    Michelle Williams, Beyonce and Kelly Rowland, in all black separates, at the 43rd annual Grammy nominations press conference on January 3, 2001 in Beverly Hills, California. Getty Images
  • Destiny's Child, in flamboyant prints, at the 28th annual American Music Awards at the Shrine Auditorium in Los Angeles, California, on January 8, 2001. Getty Images
    Destiny's Child, in flamboyant prints, at the 28th annual American Music Awards at the Shrine Auditorium in Los Angeles, California, on January 8, 2001. Getty Images
  • Beyonce, in scarlet sequins, attends the 58th annual Golden Globe Awards held at the Beverly Hills Hotel on January 21, 2001 in Beverly Hills, California. Getty Images
    Beyonce, in scarlet sequins, attends the 58th annual Golden Globe Awards held at the Beverly Hills Hotel on January 21, 2001 in Beverly Hills, California. Getty Images
  • Destiny's Child, in khakis, at Nickelodeon's 14th annual Kid's Choice Awards on April 21, 2001 in Santa Monica, California. Getty Images
    Destiny's Child, in khakis, at Nickelodeon's 14th annual Kid's Choice Awards on April 21, 2001 in Santa Monica, California. Getty Images
  • Beyonce, in a floral midi, arrives at the premiere of 'Charlies Angels: Full Throttle' at the Odeon Cinema on July 1, 2003 in London. Getty Images
    Beyonce, in a floral midi, arrives at the premiere of 'Charlies Angels: Full Throttle' at the Odeon Cinema on July 1, 2003 in London. Getty Images
  • Beyonce, in orange strapless velour, leaves Radio 1 on July 4, 2003 in London. Getty Images
    Beyonce, in orange strapless velour, leaves Radio 1 on July 4, 2003 in London. Getty Images
  • Beyonce, in fur-trimmed leather, attends the MTV Europe Music Awards at Ocean Terminal on November 6, 2003 in Edinburgh, Scotland. Getty Images
    Beyonce, in fur-trimmed leather, attends the MTV Europe Music Awards at Ocean Terminal on November 6, 2003 in Edinburgh, Scotland. Getty Images
  • Beyonce, in pink ruffles, at the MTV Europe Music Awards at Ocean Terminal on November 6, 2003 in Edinburgh, Scotland. Getty Images
    Beyonce, in pink ruffles, at the MTV Europe Music Awards at Ocean Terminal on November 6, 2003 in Edinburgh, Scotland. Getty Images
  • Beyonce, in a classic LBD, attends 'The Fighting Temptations' premiere at The Empire Leicester Square on November 12, 2003 in London. Getty Images
    Beyonce, in a classic LBD, attends 'The Fighting Temptations' premiere at The Empire Leicester Square on November 12, 2003 in London. Getty Images
  • Beyonce, in a corseted gown, attends a VH1 party at the Universal Ampitheatre on November 20, 2003, in Los Angeles. EPA
    Beyonce, in a corseted gown, attends a VH1 party at the Universal Ampitheatre on November 20, 2003, in Los Angeles. EPA
  • Beyonce, in a pink mini, arrives at the French NRJ Music Awards ceremony at the Palais des Festivals on January 24, 2004 in Cannes, France. Getty Images
    Beyonce, in a pink mini, arrives at the French NRJ Music Awards ceremony at the Palais des Festivals on January 24, 2004 in Cannes, France. Getty Images
  • Beyonce, in a golden gown, arrives at the Brit Awards at Earls Court on February 17, 2004 in London. Getty Images
    Beyonce, in a golden gown, arrives at the Brit Awards at Earls Court on February 17, 2004 in London. Getty Images
  • Beyonce, in cornflower blue satin, attends a party to unveil the new Tommy Hilfiger women's fragrance at The Albion Riverside on June 21, 2004 in London. Getty Images
    Beyonce, in cornflower blue satin, attends a party to unveil the new Tommy Hilfiger women's fragrance at The Albion Riverside on June 21, 2004 in London. Getty Images
  • Beyonce, in a gilded shorts suit, arrives at the MTV Video Music Awards at the American Airlines Arena in Miami, Florida, on August 29, 2004. EPA
    Beyonce, in a gilded shorts suit, arrives at the MTV Video Music Awards at the American Airlines Arena in Miami, Florida, on August 29, 2004. EPA
  • Destiny's Child, in jeans and very Noughties boots, promote their new album 'Destiny Fulfilled' at Hotel Palace on November 10, 2004 in Madrid, Spain. Getty Images
    Destiny's Child, in jeans and very Noughties boots, promote their new album 'Destiny Fulfilled' at Hotel Palace on November 10, 2004 in Madrid, Spain. Getty Images
  • Beyonce, in jeans and a checked blazer, attends a press conference on November 30, 2004 in Tokyo, Japan. Getty Images
    Beyonce, in jeans and a checked blazer, attends a press conference on November 30, 2004 in Tokyo, Japan. Getty Images
  • Beyonce, in Versace, arrives at the 77th Academy Awards at the Kodak Theatre in Hollywood on February 27, 2005. EPA
    Beyonce, in Versace, arrives at the 77th Academy Awards at the Kodak Theatre in Hollywood on February 27, 2005. EPA
  • Beyonce, in a tangerine mini, attends the premiere of the new Pepsi advert at Circulo de Belles Artes on February 23, 2005 in Madrid, Spain. Getty Images
    Beyonce, in a tangerine mini, attends the premiere of the new Pepsi advert at Circulo de Belles Artes on February 23, 2005 in Madrid, Spain. Getty Images
  • Beyonce, in a floral midi, attends the opening of Samantha Thavasa's flagship shop on April 17, 2005 in Tokyo, Japan. Getty Images
    Beyonce, in a floral midi, attends the opening of Samantha Thavasa's flagship shop on April 17, 2005 in Tokyo, Japan. Getty Images
  • Beyonce, in House of Dereon, attends the 'Dreamgirls' premiere at the Martinez Hotel during the 59th international Cannes Film Festival on May 19, 2006 in Cannes, France. Getty Images
    Beyonce, in House of Dereon, attends the 'Dreamgirls' premiere at the Martinez Hotel during the 59th international Cannes Film Festival on May 19, 2006 in Cannes, France. Getty Images
  • Beyonce, in Armani, arrives at the Emporio Armani show at Earls Court as part of London Fashion Week on September 21, 2006 in London, England. Getty Images
    Beyonce, in Armani, arrives at the Emporio Armani show at Earls Court as part of London Fashion Week on September 21, 2006 in London, England. Getty Images
  • Beyonce, in a lace-panelled midi, at the UK Music Hall Of Fame at Alexandra Palace on November 14, 2006 in London, England. Getty Images
    Beyonce, in a lace-panelled midi, at the UK Music Hall Of Fame at Alexandra Palace on November 14, 2006 in London, England. Getty Images
  • Beyonce, in Elie Saab, at the 49th annual Grammy Awards in Los Angeles on February 11, 2007. EPA
    Beyonce, in Elie Saab, at the 49th annual Grammy Awards in Los Angeles on February 11, 2007. EPA
  • Beyonce, in Armani Prive, arrives for the 79th annual Academy Awards at the Kodak Theatre in Hollywood, California, on February 25, 2007. EPA
    Beyonce, in Armani Prive, arrives for the 79th annual Academy Awards at the Kodak Theatre in Hollywood, California, on February 25, 2007. EPA
  • Beyonce, in jeans, arrives at Incheon Airport on November 8, 2007, in Seoul, South Korea. Getty Images
    Beyonce, in jeans, arrives at Incheon Airport on November 8, 2007, in Seoul, South Korea. Getty Images
  • Beyonce, in Elie Saab, arrives at the 50th annual Grammy Awards at the Staples Centre in Los Angeles, California, on February 10, 2008. EPA
    Beyonce, in Elie Saab, arrives at the 50th annual Grammy Awards at the Staples Centre in Los Angeles, California, on February 10, 2008. EPA
  • Beyonce, in Gareth Pugh, arrives for the MTV Europe Music Awards, held at the Echo Arena on November 6, 2008 in Liverpool, England. Getty Images
    Beyonce, in Gareth Pugh, arrives for the MTV Europe Music Awards, held at the Echo Arena on November 6, 2008 in Liverpool, England. Getty Images
  • Beyonce, in a voluminous black gown, attends the 40 Principales Awards at Palacio de los Deportes on December 12, 2008 in Madrid, Spain. Getty Images
    Beyonce, in a voluminous black gown, attends the 40 Principales Awards at Palacio de los Deportes on December 12, 2008 in Madrid, Spain. Getty Images
  • Beyonce, in House of Dereon, arrives at the 81st Academy Awards at the Kodak Theatre in Hollywood, California, on February 22, 2009. EPA
    Beyonce, in House of Dereon, arrives at the 81st Academy Awards at the Kodak Theatre in Hollywood, California, on February 22, 2009. EPA
  • Beyonce, in a sculpted mini, and Solange Knowles at Tokyo Disneyland Hotel on August 10, 2009 in Chiba, Japan. Getty Images
    Beyonce, in a sculpted mini, and Solange Knowles at Tokyo Disneyland Hotel on August 10, 2009 in Chiba, Japan. Getty Images
  • Beyonce, in Versace, arrives for the MTV Europe Music Awards held at the O2 Arena on November 5, 2009 in Berlin, Germany. Getty Images
    Beyonce, in Versace, arrives for the MTV Europe Music Awards held at the O2 Arena on November 5, 2009 in Berlin, Germany. Getty Images
  • Beyonce, wearing Stephane Rolland, arrives at the 52nd annual Grammy Awards at the Staples Centre in Los Angeles, California, on January 31, 2010. EPA
    Beyonce, wearing Stephane Rolland, arrives at the 52nd annual Grammy Awards at the Staples Centre in Los Angeles, California, on January 31, 2010. EPA
  • Beyonce, in Pucci, arrives at the Met Gala in New York on May 2, 2011. EPA
    Beyonce, in Pucci, arrives at the Met Gala in New York on May 2, 2011. EPA
  • Beyonce, in Lanvin, arrives at the MTV Video Music Awards at the Nokia Theatre in Los Angeles, California, on August 28, 2011. EPA
    Beyonce, in Lanvin, arrives at the MTV Video Music Awards at the Nokia Theatre in Los Angeles, California, on August 28, 2011. EPA
  • Beyonce, in House of Dereon, at the launch of House of Dereon by Beyonce and Tina Knowles at Selfridges on September 17, 2011 in London, England. Getty Images
    Beyonce, in House of Dereon, at the launch of House of Dereon by Beyonce and Tina Knowles at Selfridges on September 17, 2011 in London, England. Getty Images
  • Beyonce, in Givenchy, arrives at the Met Gala in New York on May 7, 2012. EPA
    Beyonce, in Givenchy, arrives at the Met Gala in New York on May 7, 2012. EPA
  • Beyonce, in Osman, arrives at the 55th annual Grammy Awards in Los Angeles, California, on February 10, 2013. EPA
    Beyonce, in Osman, arrives at the 55th annual Grammy Awards in Los Angeles, California, on February 10, 2013. EPA
  • Beyonce, in Givenchy, attends the Met Gala in New York on May 6, 2013. EPA
    Beyonce, in Givenchy, attends the Met Gala in New York on May 6, 2013. EPA
  • Salma Hayek Pinault, Frida Giannini and Beyonce, in Gucci, at the Chime For Change: The Sound of Change Live concert at Twickenham Stadium on June 1, 2013 in London, England. Getty Images
    Salma Hayek Pinault, Frida Giannini and Beyonce, in Gucci, at the Chime For Change: The Sound of Change Live concert at Twickenham Stadium on June 1, 2013 in London, England. Getty Images
  • Beyonce, in Michael Costello, at the 56th annual Grammy Awards at the Staples Centre in Los Angeles, California, on January 26, 2014. EPA
    Beyonce, in Michael Costello, at the 56th annual Grammy Awards at the Staples Centre in Los Angeles, California, on January 26, 2014. EPA
  • Beyonce, in Givenchy, arrives at the Met Gala in New York on May 5, 2014. EPA
    Beyonce, in Givenchy, arrives at the Met Gala in New York on May 5, 2014. EPA
  • Beyonce, in Zuhair Murad, arrives at the 31st MTV Video Music Awards at The Forum in Inglewood, California, on August 24, 2014. EPA
    Beyonce, in Zuhair Murad, arrives at the 31st MTV Video Music Awards at The Forum in Inglewood, California, on August 24, 2014. EPA
  • Beyonce, in Proenza, arrives at the 57th annual Grammy Awards held at the Staples Centre in Los Angeles, California, on February 8, 2015. EPA
    Beyonce, in Proenza, arrives at the 57th annual Grammy Awards held at the Staples Centre in Los Angeles, California, on February 8, 2015. EPA
  • Beyonce, in Givenchy, arrives at the Met Gala in New York on May 2, 2016. EPA
    Beyonce, in Givenchy, arrives at the Met Gala in New York on May 2, 2016. EPA
  • Beyonce, in Peter Dundas, at the 59th annual Grammy Awards ceremony at the Staples Centre in Los Angeles, California, on February 12, 2017. EPA
    Beyonce, in Peter Dundas, at the 59th annual Grammy Awards ceremony at the Staples Centre in Los Angeles, California, on February 12, 2017. EPA
  • Beyonce, in Francesco Scognamiglio, arrives at the 33rd MTV Video Music Awards at Madison Square Garden in New York on August 28, 2016. EPA
    Beyonce, in Francesco Scognamiglio, arrives at the 33rd MTV Video Music Awards at Madison Square Garden in New York on August 28, 2016. EPA
  • Beyonce, in cobalt suiting, attends game six of the NBA Finals between the Cleveland Cavaliers and the Golden State Warriors at Quicken Loans Arena on June 16, 2016 in Cleveland, Ohio. Getty Images
    Beyonce, in cobalt suiting, attends game six of the NBA Finals between the Cleveland Cavaliers and the Golden State Warriors at Quicken Loans Arena on June 16, 2016 in Cleveland, Ohio. Getty Images
  • Beyonce, in all white, attends the NBA Western Conference Semifinals basketball game at the Oracle Arena in Oakland, California, on April 28, 2018. EPA
    Beyonce, in all white, attends the NBA Western Conference Semifinals basketball game at the Oracle Arena in Oakland, California, on April 28, 2018. EPA
  • Beyonce, in Alexander McQueen, attends the 'The Lion King' premiere at the Dolby Theatre in Hollywood, California, on July 9, 2019. EPA
    Beyonce, in Alexander McQueen, attends the 'The Lion King' premiere at the Dolby Theatre in Hollywood, California, on July 9, 2019. EPA
  • Beyonce, in Nguyen Cong Tri, attends the premiere of Disney's 'The Lion King' at Odeon Luxe Leicester Square on July 14, 2019 in London, England. Getty Images
    Beyonce, in Nguyen Cong Tri, attends the premiere of Disney's 'The Lion King' at Odeon Luxe Leicester Square on July 14, 2019 in London, England. Getty Images

Celebrity Net Worth: Beyonce backs Lemon Perfect in $31m funding round


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Beyonce

Lemonade singer Beyonce invested in a citrus-based beverage last week. The award-winning artist and entrepreneur headlined a recent $31 million Series A funding round in enhanced water brand Lemon Perfect, the company said.

“I don’t typically enjoy drinks without added sugar, but Lemon Perfect is delicious,” said Beyonce. “It was an easy decision to invest in something that not only tastes great and is healthy but also and, most importantly, allows choosing a healthier lifestyle to be affordable and accessible to everyone.”

The beverage has no sugar, artificial flavours or sweeteners.

Lemon Perfect will use the funds to help scale the brand to more than 40,000 points of distribution by the end of the year, founder and chief executive Yanni Hufnagel said.

The financing takes the brand’s total funding to $42.2m, with a valuation of more than $100m less than three years since the sale of its first bottle.

The singer was joined by a network of investors across the food and beverage, media, music, sports and entertainment industries.

Beyonce, 40, has a net worth of $440m, as calculated by Forbes magazine, which features her on its list of America’s self-made women. The 28-time Grammy winner is one of the world’s best-selling recording artists with digital and album sales estimated in excess of 200 million.

Although she has made her name with music, Beyonce is also a businesswoman and investor. Following her first endorsement deal with Pepsi in 2002, she signed agreements with L’Oréal, Samsung, Ford and American Express.

In 2009, she signed a perfume deal worth up to $20m with the global beauty brand Coty and has since released several fragrances, including the core brands Heat, Pulse and Rise.

Although House of Dereon, the fashion line she founded with her mother Tina Lawson, was a commercial failure, Beyonce subsequently partnered with TopShop and later Adidas on the athleisure line Ivy Park.

In 2018, the singer signed a $60m, three-project deal with Netflix. Her company, Parkwood Entertainment, produces music, movies and apparel.

Beyonce and her husband, rapper and entrepreneur Jay-Z, were pop music’s first billionaire couple, with Forbes last year estimating their combined worth at $1.8 billion. The pair perform together and have joint investments. Together, they grossed a total of $264m from their two On the Run tours in 2014 and 2018.

Beyonce has previously taken the unusual step of receiving payment in company equity. In lieu of a performance at an Uber corporate event in 2015, she reportedly asked for $6m worth of restricted stock units in the ride-sharing company.

Lemon Perfect is Beyonce’s second investment in enhanced water after she participated in a seed round for watermelon-flavoured beverage WTRMLN WTR in 2016. Her other investments include the concert merchandise app Sidestep.

Last month, she joined Rihanna in an all-female group of investors into Paris-based accessories brand Destree. Co-founder Géraldine Guyot told WWD the round’s investors include venture capital firm Sequoia Capital China, at the behest of Angelica Cheung, as well as Reese Witherspoon, Gisele Bündchen and Gabriela Hearst.

Ms Guyot expects to launch her first free-standing Destree boutique in Paris this June. She also hopes to expand her current network of e-store and wholesale partners into China, Japan and the Middle East.

Beyonce was among the first big celebrities to carry a Destree bag during New York Fashion Week in February.

US actor Leonardo DiCaprio recently invested in vegan burger chain Neat Food and cultivated leather start-up VitroLabs. AFP
US actor Leonardo DiCaprio recently invested in vegan burger chain Neat Food and cultivated leather start-up VitroLabs. AFP

Leonardo DiCaprio

Actor and environmentalist Leonardo DiCaprio has added to his portfolio of meat alternatives with investments in vegan burger chain Neat Food and cultivated leather start-up VitroLabs.

DiCaprio joined Neat as a strategic investor as the London-headquartered company embarks on an ambitious global expansion into the US and the Middle East.

“Disrupting our food system with sustainable alternatives is one of the key ways we can make a real difference in reducing global emissions,” he said. “Neat Burger’s pioneering approach to alternative proteins is a great example of the type of solutions we need moving forward.”

Neat is a vertically integrated food technology company with a restaurant and alternative proteins consumer packaged goods (CPG) business. Its vegan burgers are dairy, egg, gluten and GMO-free.

Established in 2019, the brand has an aggressive target of 1,000 units by 2030 globally. It is launching in the Middle East, Italy and the US this year, with corporate-owned online and offline restaurants and franchise partnerships.

The company expects to have 42 sites by the end of the year, including 12 in the US, growing to 231 by the end of 2024.

Neat has simultaneously launched a Series B funding round, primarily with US investors, to fund its growth plans and underpin its new product development and CPG pipeline. It completed a $7m funding round in October, led by SoftBank’s Rajeev Misra.

Formula One driver Lewis Hamilton was an early backer, alongside Beyond Meat’s Tommaso Chiabra and Cirque le Soir nightclub impresario Ryan Bishti.

DiCaprio’s investments span 18 portfolio companies, according to investor intelligence site Crunchbase. These include Aleph Farms and Mosa Meat, two early cultivated meat start-ups, as well as start-ups in recycling, cultivated diamonds and technology.

Earlier this month, he joined a $46m Series A funding round into VitroLabs. Led by venture capital company Agronomics, the round included investments from luxury fashion maker Kering, which owns Gucci, Bottega Veneta, Alexander McQueen and Yves Saint Laurent, and Khosla Ventures, the early stage technology investment firm owned by Sun Microsystems founder Vinod Khosla.

Founded in 2016, Vitrolabs will use the capital to build and scale the world’s first pilot production of cell-cultivated leather and to fast-track commercialisation. The global leather industry is estimated to be worth $400bn.

DiCaprio is thought to have a net worth estimated between $280m and $300m. Besides investments in alternatives to meat and meat products, he is also a property investor.

Stand-up comedian and Hollywood actor Kevin Hart launched a new media company, HARTBEAT, in April with a $100 million investment from private equity company Abry Partners. Photo: Reuters
Stand-up comedian and Hollywood actor Kevin Hart launched a new media company, HARTBEAT, in April with a $100 million investment from private equity company Abry Partners. Photo: Reuters

Kevin Hart

Comedian Kevin Hart is laughing all the way to the bank after a recent merger and investment in his media company.

In April, the stand-up comedian and Hollywood actor launched media company HARTBEAT with a $100m investment from private equity company Abry Partners.

Abry’s minority stake is estimated at 15 per cent, The Wall Street Journal reported. The company is valued at more than $650m.

The new venture has been created by merging Hart’s existing entertainment businesses — TV and film production company HartBeat Productions and the sales and distribution network Laugh Out Loud.

The entertainer will serve as chairman of HARTBEAT, while Thai Randolph, who has held senior executive positions at both businesses, will be its chief executive.

Nicolas Massard, a partner at Abry, will join the company’s board, while NBCUniversal's streaming service Peacock will remain a shareholder, the company said.

HARTBEAT has more than 60 projects with 15 entertainment partners in various stages of development or production. It has strategic partnerships with Peacock, Netflix and Audible, among others.

“The creation of HARTBEAT and our capital raise with Abry represent a new era in comedy. This all started out with a mission to keep the world laughing together and I’m so proud our teams have delivered on that, putting in the hard work to build the most innovative and inclusive comedic storytelling company,” Hart said.

“With this merger and funding, we’re taking the new blueprint we’ve built in entertainment to the next level and creating opportunities for a new generation of comedic talent. I can’t wait to bring the world more comedians, experiences, and stories with humour and heart.”

Hart’s movies have earned more than $3.3bn. He is the star of films such as Jumanji: Welcome to the Jungle, Ride Along and The Upside.

Hart, 42, has also put out music under the name Chocolate Droppa and endorsed brands such as the retailer Macy’s. He revealed last year he has partnered with Yas Island.

The new deal will see his net worth increase to an estimated $400m, according to wealth tracking website Celebrity Net Worth. As one of the world’s highest-earning comedians, Hart took home $39m in 2019, Forbes magazine reported.

Bayern Munich's Thomas Muller has invested in food technology start-up Greenforce. Reuters
Bayern Munich's Thomas Muller has invested in food technology start-up Greenforce. Reuters

Thomas Müller

Bayern Munich forward Thomas Müller is the latest celebrity to back vegan meat products, with an investment in food technology start-up Greenforce, the company said.

He joins several prominent local investors in the company since the end of last year, following the successful placement of a capital increase of €15m ($15.92m). The investments will go towards research and development and business growth.

“I’m excited to become part of the Greenforce success story,” Müller said.

“Greenforce gives each of us the opportunity to make our nutrition more sustainable, healthier and yet incredibly delicious. My involvement is to help Greenforce become a leader in this future-oriented market as quickly as possible.”

The size of his investment was not disclosed.

Also last week, the German national player agreed to a two-year extension of his contract with Bayern Munich to the summer of 2024, the club confirmed.

The 32 year old is one of the club’s best-paid players, with an annual salary of up to €20m. He has been with Bayern since the age of 10.

Müller’s net worth is estimated at $55m, according to Celebrity Net Worth.

The specs: McLaren 600LT

Price, base: Dh914,000

Engine: 3.8-litre twin-turbo V8

Transmission: Seven-speed automatic

Power: 600hp @ 7,500rpm

Torque: 620Nm @ 5,500rpm

Fuel economy 12.2.L / 100km

Classification of skills

A worker is categorised as skilled by the MOHRE based on nine levels given in the International Standard Classification of Occupations (ISCO) issued by the International Labour Organisation. 

A skilled worker would be someone at a professional level (levels 1 – 5) which includes managers, professionals, technicians and associate professionals, clerical support workers, and service and sales workers.

The worker must also have an attested educational certificate higher than secondary or an equivalent certification, and earn a monthly salary of at least Dh4,000. 

SPEC%20SHEET%3A%20APPLE%20M3%20MACBOOK%20AIR%20(13%22)
%3Cp%3E%3Cstrong%3EProcessor%3A%3C%2Fstrong%3E%20Apple%20M3%2C%208-core%20CPU%2C%20up%20to%2010-core%20CPU%2C%2016-core%20Neural%20Engine%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EDisplay%3A%3C%2Fstrong%3E%2013.6-inch%20Liquid%20Retina%2C%202560%20x%201664%2C%20224ppi%2C%20500%20nits%2C%20True%20Tone%2C%20wide%20colour%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EMemory%3A%3C%2Fstrong%3E%208%2F16%2F24GB%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStorage%3A%3C%2Fstrong%3E%20256%2F512GB%20%2F%201%2F2TB%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EI%2FO%3A%3C%2Fstrong%3E%20Thunderbolt%203%2FUSB-4%20(2)%2C%203.5mm%20audio%2C%20Touch%20ID%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EConnectivity%3A%3C%2Fstrong%3E%20Wi-Fi%206E%2C%20Bluetooth%205.3%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EBattery%3A%3C%2Fstrong%3E%2052.6Wh%20lithium-polymer%2C%20up%20to%2018%20hours%2C%20MagSafe%20charging%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ECamera%3A%3C%2Fstrong%3E%201080p%20FaceTime%20HD%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EVideo%3A%3C%2Fstrong%3E%20Support%20for%20Apple%20ProRes%2C%20HDR%20with%20Dolby%20Vision%2C%20HDR10%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EAudio%3A%3C%2Fstrong%3E%204-speaker%20system%2C%20wide%20stereo%2C%20support%20for%20Dolby%20Atmos%2C%20Spatial%20Audio%20and%20dynamic%20head%20tracking%20(with%20AirPods)%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EColours%3A%3C%2Fstrong%3E%20Midnight%2C%20silver%2C%20space%20grey%2C%20starlight%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EIn%20the%20box%3A%3C%2Fstrong%3E%20MacBook%20Air%2C%2030W%2F35W%20dual-port%2F70w%20power%20adapter%2C%20USB-C-to-MagSafe%20cable%2C%202%20Apple%20stickers%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPrice%3A%3C%2Fstrong%3E%20From%20Dh4%2C599%3C%2Fp%3E%0A
Tips for taking the metro

- set out well ahead of time

- make sure you have at least Dh15 on you Nol card, as there could be big queues for top-up machines

- enter the right cabin. The train may be too busy to move between carriages once you're on

- don't carry too much luggage and tuck it under a seat to make room for fellow passengers

Villains
Queens of the Stone Age
Matador

The finalists

Player of the Century, 2001-2020: Cristiano Ronaldo (Juventus), Lionel Messi (Barcelona), Mohamed Salah (Liverpool), Ronaldinho

Coach of the Century, 2001-2020: Pep Guardiola (Manchester City), Jose Mourinho (Tottenham Hotspur), Zinedine Zidane (Real Madrid), Sir Alex Ferguson

Club of the Century, 2001-2020: Al Ahly (Egypt), Bayern Munich (Germany), Barcelona (Spain), Real Madrid (Spain)

Player of the Year: Cristiano Ronaldo, Lionel Messi, Robert Lewandowski (Bayern Munich)

Club of the Year: Bayern Munich, Liverpool, Real Madrid

Coach of the Year: Gian Piero Gasperini (Atalanta), Hans-Dieter Flick (Bayern Munich), Jurgen Klopp (Liverpool)

Agent of the Century, 2001-2020: Giovanni Branchini, Jorge Mendes, Mino Raiola

Types of bank fraud

1) Phishing

Fraudsters send an unsolicited email that appears to be from a financial institution or online retailer. The hoax email requests that you provide sensitive information, often by clicking on to a link leading to a fake website.

2) Smishing

The SMS equivalent of phishing. Fraudsters falsify the telephone number through “text spoofing,” so that it appears to be a genuine text from the bank.

3) Vishing

The telephone equivalent of phishing and smishing. Fraudsters may pose as bank staff, police or government officials. They may persuade the consumer to transfer money or divulge personal information.

4) SIM swap

Fraudsters duplicate the SIM of your mobile number without your knowledge or authorisation, allowing them to conduct financial transactions with your bank.

5) Identity theft

Someone illegally obtains your confidential information, through various ways, such as theft of your wallet, bank and utility bill statements, computer intrusion and social networks.

6) Prize scams

Fraudsters claiming to be authorised representatives from well-known organisations (such as Etisalat, du, Dubai Shopping Festival, Expo2020, Lulu Hypermarket etc) contact victims to tell them they have won a cash prize and request them to share confidential banking details to transfer the prize money.

Ferrari 12Cilindri specs

Engine: naturally aspirated 6.5-liter V12

Power: 819hp

Torque: 678Nm at 7,250rpm

Price: From Dh1,700,000

Available: Now

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MATCH INFO

West Ham United 2 (Antonio 73', Ogbonna 90 5')

Tottenham Hotspur 3 (Son 36', Moura 42', Kane 49')

The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE.

Part three: an affection for classic cars lives on

Read part two: how climate change drove the race for an alternative 

Read part one: how cars came to the UAE

Benefits of first-time home buyers' scheme
  • Priority access to new homes from participating developers
  • Discounts on sales price of off-plan units
  • Flexible payment plans from developers
  • Mortgages with better interest rates, faster approval times and reduced fees
  • DLD registration fee can be paid through banks or credit cards at zero interest rates
Buy farm-fresh food

The UAE is stepping up its game when it comes to platforms for local farms to show off and sell their produce.

In Dubai, visit Emirati Farmers Souq at The Pointe every Saturday from 8am to 2pm, which has produce from Al Ammar Farm, Omar Al Katri Farm, Hikarivege Vegetables, Rashed Farms and Al Khaleej Honey Trading, among others. 

In Sharjah, the Aljada residential community will launch a new outdoor farmers’ market every Friday starting this weekend. Manbat will be held from 3pm to 8pm, and will host 30 farmers, local home-grown entrepreneurs and food stalls from the teams behind Badia Farms; Emirates Hydroponics Farms; Modern Organic Farm; Revolution Real; Astraea Farms; and Al Khaleej Food. 

In Abu Dhabi, order farm produce from Food Crowd, an online grocery platform that supplies fresh and organic ingredients directly from farms such as Emirates Bio Farm, TFC, Armela Farms and mother company Al Dahra. 

Top financial tips for graduates

Araminta Robertson, of the Financially Mint blog, shares her financial advice for university leavers:

1. Build digital or technical skills: After graduation, people can find it extremely hard to find jobs. From programming to digital marketing, your early twenties are for building skills. Future employers will want people with tech skills.

2. Side hustle: At 16, I lived in a village and started teaching online, as well as doing work as a virtual assistant and marketer. There are six skills you can use online: translation; teaching; programming; digital marketing; design and writing. If you master two, you’ll always be able to make money.

3. Networking: Knowing how to make connections is extremely useful. Use LinkedIn to find people who have the job you want, connect and ask to meet for coffee. Ask how they did it and if they know anyone who can help you. I secured quite a few clients this way.

4. Pay yourself first: The minute you receive any income, put about 15 per cent aside into a savings account you won’t touch, to go towards your emergency fund or to start investing. I do 20 per cent. It helped me start saving immediately.

The President's Cake

Director: Hasan Hadi

Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem 

Rating: 4/5

Test

Director: S Sashikanth

Cast: Nayanthara, Siddharth, Meera Jasmine, R Madhavan

Star rating: 2/5

UAE currency: the story behind the money in your pockets

Schedule:

Pakistan v Sri Lanka:
28 Sep-2 Oct, 1st Test, Abu Dhabi
6-10 Oct, 2nd Test (day-night), Dubai
13 Oct, 1st ODI, Dubai
16 Oct, 2nd ODI, Abu Dhabi
18 Oct, 3rd ODI, Abu Dhabi
20 Oct, 4th ODI, Sharjah
23 Oct, 5th ODI, Sharjah
26 Oct, 1st T20I, Abu Dhabi
27 Oct, 2nd T20I, Abu Dhabi
29 Oct, 3rd T20I, Lahore

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Updated: May 09, 2022, 4:45 AM