Emily in Paris star Lily Collins has invested in Roz, the hair care brand from celebrity stylist Mara Roszak.
The actress was part of an “oversubscribed” seed funding round led by private equity firms Silas Capital and G9 Ventures, the company announced on August 12. The value of her investment was not disclosed.
Collins, 35, joins previous celebrity angel investors including Mila Kunis, Daisy Ridley and Zoe Saldana, who invested during an earlier friends-and-family investment round.
The money will be used to support the brand’s retail expansion plans and improve its presence in the professional beauty sector, according to Roz.
Ms Roszak, who founded Roz in 2021, will also use the investment to expand the brand’s team and further expand its product lines.
“Roz is my greatest passion, and having growth partners who share my excitement and understand my vision is a dream come true,” said Ms Roszak.
Collins, who’s the daughter of musician Phil Collins, is reported to have a personal fortune worth $25 million, according to wealth tracker Celebrity Net Worth.
The English and American actress and model appeared in her first acting role at the age of two on the BBC series Growing Pains.
Collins is most famous for her roles in films such as Mirror Mirror, Love, Rosie, Extremely Wicked, Shockingly Evil and Vile and To The Bone.
For her titular role in Netflix’s Emily in Paris, she is reported to be making around $300,000 per episode. She has also produced Emily in Paris and the film Windfall.
Collins has endorsed several brands over the years including Dior, Cartier, Maison Perrier and Lancome.
In 2022, she paid $3.9 million for a home in Pasadena, California.
Karan Johar
Indian filmmaker Karan Johar has joined hands with the Fashion Entrepreneur Fund, the country’s first venture studio dedicated to the fashion sector, as an investor and promoter.
Following in the footsteps of actor Akshay Kumar, Johar is set to guide start-ups and fashion entrepreneurs through mentorship and financial support, according to a statement from the Fund on August 13.
Founded in 2021, the Fund is designed to address the fashion industry’s lack of infrastructure and opportunities for growth. It is investing 200 million Indian rupees ($2.4 million) to support entrepreneurs in the fashion industry.
“The growing popularity of homegrown ventures showcases the incredible talent within India and highlights a shift towards embracing our unique style,” Johar, 52, said.
“My objective is to bring glamour and trends to the forefront, supporting these brands as they captivate audiences globally. Through this initiative, we will help fashion entrepreneurs set new trends and achieve unprecedented success.”
The director, producer, screenwriter and actor, who owns production house Dharma Productions, is estimated to have a net worth of $40 million, according to Celebrity Net Worth.
He made his directorial debut with the film, Kuch Kuch Hota Hai, in 1998. He also made other blockbuster movies including Kabhi Khushi Kabhie Gham (2001), Kabhi Alvida Naa Kehna (2006) and Student of the Year (2012).
He also hosts the popular TV talk show Koffee with Karan, for which he is reported to earn between 10 million and 20 million rupees per episode.
He has also appeared as a judge on competition reality shows including Jhalak Dikhhla Jaa and India’s Got Talent.
Johar owns a sea-facing duplex mansion in Carter Road, Mumbai, which is reported to be worth 320 million rupees. His property portfolio also includes a Malabar Hill mansion worth 200 million rupees and an office space, both in Mumbai, and another home in New Delhi.
He invested in an artificial intelligence-led influencer marketing platform called Kofluence in 2022.
The filmmaker also ventured into the jewellery business with his label named Tyaani in 2021 and made a foray into the hospitality sector last year by launching a restaurant in Mumbai called Neuma.
Kevin Durant
US basketball player Kevin Durant has become a minority investor in French football club Paris Saint-Germain.
Durant’s investment firm Boardroom announced on August 13 that it has bought a shareholding through a separate financial vehicle created by Arctos Sports Partners. The US-based private investment firm had purchased a 12.5 per cent stake in the club in December.
Durant, 35, was in Paris for the Olympic Games, where he secured his fourth gold medal.
He is now the leading scorer in Team USA's men's Olympic basketball history, the first Team USA player to win four Olympic gold medals, and the first male athlete to win four gold medals in a team sport.
The two-time NBA champion is already a minority owner in two football teams. He became an investor in the Major League Soccer club Philadelphia Union in 2020 and joined the minority ownership of NJ/NY Gotham FC club in the National Women’s Soccer League franchise in 2022.
Durant also holds a stake in the Major League Pickleball club Brooklyn Aces.
PSG is one of the most dominant clubs in Europe, having won six of the past seven titles in Ligue 1, the top French league.
It is the seventh most valuable football club in the world, according to Sportico, valued at $4.05 billion.
The majority stake in the club is owned by Qatar Sports Investments, which purchased the club in 2011. Since then, they have won 32 trophies and signed international star players including Lionel Messi, Kylian Mbappe, Neymar and Zlatan Ibrahimovic.
The NBA star has a net worth of $300 million, according to Celebrity Net Worth.
His $42 million NBA salary makes him one of the five highest-paid players in the league. His multiple lucrative endorsement deals allow him to earn tens of millions more each year.
Off the court, he earns $36 million from endorsement deals with companies like Gatorade, Nike, Degree and more.
In 2023, Durant became the third player in NBA history to sign a lifetime contract with Nike. The other two players are Michael Jordan and LeBron James.
He has also made a number of venture capital investments. He owns small stakes in a number of companies, including Postmates and the investment app Acorns, according to Celebrity Net Worth.
He is an active tech investor with more than 40 early-stage technology investments, the website reported.
In 2023, he joined Jordan and others in a $305 million funding round in Dapper Labs, the company behind virtual trading-card platform NBA Top Shot.
Durant owns several properties in the Oklahoma City area. In 2021, he paid $15.6 million for a home in Hidden Hills, California.
Sachin Tendulkar
Retired Indian cricketer Sachin Tendulkar is gearing up for a new innings off the pitch.
He is set to become an entrepreneur with the launch of a sports athleisure brand, according to Indian daily Economic Times.
A holding company has already been registered for the venture. Early-stage venture fund Whiteboard Capital incubated the start-up along with Tendulkar, the daily reported.
Filings show Tendulkar and Whiteboard Capital are currently on the board of directors of the holding firm named SRT10 Athleisure.
The company is likely to position itself as a rival to top brands like Nike, but at an affordable pricing with local manufacturing, according to reports.
In recent years, Tendulkar, 51, has made several equity investments in Indian companies, including smart devices brand Smartron, used car start-up Spinny and gaming platform JetSynthesys.
The former Indian batsman invested in Azad Engineering, which provides engineering and technology solutions for global equipment manufacturers in the energy, defence and aerospace sectors, last year.
In 2022, Tendulkar, who holds the record for most runs in Test cricket and one-day internationals, teamed up with digital collectibles platform Rario as an investor and brand ambassador, marking his first foray into non-fungible tokens.
The platform offers fans NFTs and personalised experiences that feature highlights from Tendulkar’s 24-year career.
He has a net worth of $200 million, according to estimates by Celebrity Net Worth.
Jumanji: The Next Level
Director: Jake Kasdan
Stars: Dwayne Johnson, Kevin Hart, Karen Gillan, Jack Black, Nick Jonas
Two out of five stars
Skoda Superb Specs
Engine: 2-litre TSI petrol
Power: 190hp
Torque: 320Nm
Price: From Dh147,000
Available: Now
UAE - India ties
The UAE is India’s third-largest trade partner after the US and China
Annual bilateral trade between India and the UAE has crossed US$ 60 billion
The UAE is the fourth-largest exporter of crude oil for India
Indians comprise the largest community with 3.3 million residents in the UAE
Indian Prime Minister Narendra Modi first visited the UAE in August 2015
His visit on August 23-24 will be the third in four years
Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, visited India in February 2016
Sheikh Mohamed was the chief guest at India’s Republic Day celebrations in January 2017
Modi will visit Bahrain on August 24-25
The biog
Simon Nadim has completed 7,000 dives.
The hardest dive in the UAE is the German U-boat 110m down off the Fujairah coast.
As a child, he loved the documentaries of Jacques Cousteau
He also led a team that discovered the long-lost portion of the Ines oil tanker.
If you are interested in diving, he runs the XR Hub Dive Centre in Fujairah
What sanctions would be reimposed?
Under ‘snapback’, measures imposed on Iran by the UN Security Council in six resolutions would be restored, including:
- An arms embargo
- A ban on uranium enrichment and reprocessing
- A ban on launches and other activities with ballistic missiles capable of delivering nuclear weapons, as well as ballistic missile technology transfer and technical assistance
- A targeted global asset freeze and travel ban on Iranian individuals and entities
- Authorisation for countries to inspect Iran Air Cargo and Islamic Republic of Iran Shipping Lines cargoes for banned goods
if you go
The flights
Etihad and Emirates fly direct from the UAE to Seoul from Dh3,775 return, including taxes
The package
Ski Safari offers a seven-night ski package to Korea, including five nights at the Dragon Valley Hotel in Yongpyong and two nights at Seoul CenterMark hotel, from £720 (Dh3,488) per person, including transfers, based on two travelling in January
The info
Visit www.gokorea.co.uk
THE DETAILS
Deadpool 2
Dir: David Leitch
Starring: Ryan Reynolds, Josh Brolin, Justin Dennison, Zazie Beetz
Four stars
What is blockchain?
Blockchain is a form of distributed ledger technology, a digital system in which data is recorded across multiple places at the same time. Unlike traditional databases, DLTs have no central administrator or centralised data storage. They are transparent because the data is visible and, because they are automatically replicated and impossible to be tampered with, they are secure.
The main difference between blockchain and other forms of DLT is the way data is stored as ‘blocks’ – new transactions are added to the existing ‘chain’ of past transactions, hence the name ‘blockchain’. It is impossible to delete or modify information on the chain due to the replication of blocks across various locations.
Blockchain is mostly associated with cryptocurrency Bitcoin. Due to the inability to tamper with transactions, advocates say this makes the currency more secure and safer than traditional systems. It is maintained by a network of people referred to as ‘miners’, who receive rewards for solving complex mathematical equations that enable transactions to go through.
However, one of the major problems that has come to light has been the presence of illicit material buried in the Bitcoin blockchain, linking it to the dark web.
Other blockchain platforms can offer things like smart contracts, which are automatically implemented when specific conditions from all interested parties are reached, cutting the time involved and the risk of mistakes. Another use could be storing medical records, as patients can be confident their information cannot be changed. The technology can also be used in supply chains, voting and has the potential to used for storing property records.
Test series fixtures
(All matches start at 2pm UAE)
1st Test Lord's, London from Thursday to Monday
2nd Test Nottingham from July 14-18
3rd Test The Oval, London from July 27-31
4th Test Manchester from August 4-8
TO A LAND UNKNOWN
Director: Mahdi Fleifel
Starring: Mahmoud Bakri, Aram Sabbah, Mohammad Alsurafa
Rating: 4.5/5
The Internet
Hive Mind
four stars
RESULTS
5pm: Maiden (PA) Dh80,000 1,200m
Winner: Shafaf, Sam Hitchcott (jockey), Ahmed Al Mehairbi (trainer)
5,30pm: Wathba Stallions Cup Handicap (PA) Dh70,000 1,200m
Winner: Noof KB, Tadhg O’Shea, Ernst Oertel
6pm: The President’s Cup Listed (TB) Dh380,000 1,400m
Winner: Taamol, Jim Crowley, Ali Rashid Al Raihe
6.30pm: The President’s Cup Group One (PA) Dh2,500,000 2,200m
Winner: Rmmas, Tadhg O’Shea, Jean de Roualle
7pm: Arabian Triple Crown Listed (PA) Dh230,000 1,600m
Winner: Ihtesham, Szczepan Mazur, Ibrahim Al Hadhrami
7.30pm: Handicap (PA) Dh80,000 1,400m
Winner: AF Mekhbat, Antonio Fresu, Ernst Oertel
GAC GS8 Specs
Engine: 2.0-litre 4cyl turbo
Power: 248hp at 5,200rpm
Torque: 400Nm at 1,750-4,000rpm
Transmission: 8-speed auto
Fuel consumption: 9.1L/100km
On sale: Now
Price: From Dh149,900
Results:
6.30pm: Maiden Dh165,000 2,000m - Winner: Powderhouse, Sam Hitchcott (jockey), Doug Watson (trainer)
7.05pm: Handicap Dh165,000 2,200m - Winner: Heraldic, Richard Mullen, Satish Seemar
7.40pm: Conditions Dh240,000 1,600m - Winner: Walking Thunder, Connor Beasley, Ahmed bin Harmash
8.15pm: Handicap Dh190,000 2,000m - Winner: Key Bid, Fernando Jara, Ali Rashid Al Raihe
8.50pm: The Garhoud Sprint Listed Dh265,000 1,200m - Winner: Drafted, Sam Hitchcott, Doug Watson
9.25pm: Handicap Dh170,000 1,600m - Winner: Cachao, Tadhg O’Shea, Satish Seemar
10pm: Handicap Dh190,000 1,400m - Winner: Rodaini, Connor Beasley, Ahmed bin Harmash
Infiniti QX80 specs
Engine: twin-turbocharged 3.5-liter V6
Power: 450hp
Torque: 700Nm
Price: From Dh450,000, Autograph model from Dh510,000
Available: Now
Bareilly Ki Barfi
Directed by: Ashwiny Iyer Tiwari
Starring: Kriti Sanon, Ayushmann Khurrana, Rajkummar Rao
Three and a half stars
A little about CVRL
Founded in 1985 by Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, the Central Veterinary Research Laboratory (CVRL) is a government diagnostic centre that provides testing and research facilities to the UAE and neighbouring countries.
One of its main goals is to provide permanent treatment solutions for veterinary related diseases.
The taxidermy centre was established 12 years ago and is headed by Dr Ulrich Wernery.
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.
Honeymoonish
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Dhadak 2
Director: Shazia Iqbal
Starring: Siddhant Chaturvedi, Triptii Dimri
Rating: 1/5
COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3EName%3A%20%3C%2Fstrong%3EYango%20Deli%20Tech%0D%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EUAE%0D%3Cbr%3E%3Cstrong%3ELaunch%20year%3A%20%3C%2Fstrong%3E2022%0D%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3ERetail%20SaaS%0D%3Cbr%3E%3Cstrong%3EFunding%3A%20%3C%2Fstrong%3ESelf%20funded%0D%3Cbr%3E%3C%2Fp%3E%0A
Real estate tokenisation project
Dubai launched the pilot phase of its real estate tokenisation project last month.
The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.
Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.
Turkish Ladies
Various artists, Sony Music Turkey
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.
Read part four: an affection for classic cars lives on
Read part three: the age of the electric vehicle begins
Read part one: how cars came to the UAE
More from Neighbourhood Watch
Abu Dhabi Equestrian Club race card
5pm: Abu Dhabi Fillies Classic (PA) Prestige; Dh110,000; 1,400m
5.30pm: Abu Dhabi Colts Classic (PA) Prestige; Dh110,000; 1,400m
6pm: Maiden (PA); Dh80,000; 1,600m
6.30pm: Abu Dhabi Championship (PA) Listed; Dh180,000; 1,600m
7pm: Wathba Stallions Cup (PA) Handicap; Dh70,000; 2,200m
7.30pm: Handicap (PA); Dh100,000; 2,400m