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"The true satisfaction" for 27-year-old record label founder David Daxsen "lies in witnessing the transformative power of music and nurturing the growth of artists who have touched the hearts of countless listeners worldwide."
So says the Ecuador-born entrepreneur, whose label, Daxsen Music Group, has signed artists such as Snoop Dogg, Tiesto, and Flo Rida, and whose catalog is said to be worth more than $390 million, per Benzinga.
It's no surprise, then, that he's on Benzinga's list of the world's richest people, with a net worth of $400 million as of May 2023.
The full list is here. Read the Entire Article
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
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Devin Booker is making good on his promise to give $2.5 million to Arizona nonprofits over the next five years. The NBA player and the Phoenix Suns have announced the recipients of the 2023-24...more
"Don't be afraid to be magnificent." That's the advice of the late Bruce Montgomery, who founded the Bruce Montgomery Foundation for the Arts in Philadelphia more than 50 years ago. Now, an...more
Foundation: Bloomberg Philanthropies
A small Canadian town is getting $50,000 to help its youth fight climate change, the CBC reports. "We are super excited about this, because we are one out of 100 municipalities in the world that...more
The Starved Rock Country Community Foundation is asking for donations for its 2024 Spring Appeal, which will fund education, mental health, local history, fine arts, entrepreneurship revitalization,...more
"We've used a translational approach in the past to have a global impact on emerging technologies, from our role in the creation of the internet to the computer graphics and visualization...more
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Spotlight
This Social Innovation Helps Prevent Bed Sores in Wheelchair Users
Co-founders William Mann and David Mravyan devised the Sensimat during a mandatory project for their MBA at the Richard Ivey School of Business in Canada. Sensimat is a device that helps manage and assess pressure among wheelchair users.
