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zero-platinum-records-2014 2014 will mark the first year since its inception in 1976 that only 1 artist will be certified as platinum from sales. The award is given by the RIAA to mark one million units sold. Taylor Swift sold over 1.2 million copies of “1989” in her 1st week. Read More

Walk down the street in New York and you’re virtually guaranteed to see several millionaires.

That’s because more than 1 in every 25 New Yorkers is a millionaire, according to a study released Tuesday.

The Big Apple ranks fourth in a listing of the top 20 global cities based on the portion of their populations whose net worth, excluding primary residence, tops $1 million.

Altogether, 4.63% of New Yorkers, or 389,100 people, are millionaires, according to the analysis by Spear’s magazine and consulting firm WealthInsight.

“New York has long been the bastion of wealth not only in America, but the world,” said Oliver Williams, an analyst at WealthInsight. “It has the second largest millionaire and largest billionaire population of any global city.”

Monaco, Zurich and Geneva claimed the first three spots. Nearly 3 in 10 people in Monaco are millionaires.

Houston at No. 18 and San Francisco at No. 19 were the only other U.S. cities to make the list. In each city, a bit more than 2% of residents are millionaires.

Not surprisingly, most of the highest-ranked cities are banking and financial centers, including Frankfurt (No. 5) and London (No. 6).
source: LATimes

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Hip Hop Album Sales: Week Ending 1/5/2014

#2. Beyonce – Beyonce –  130,000 (503,000)

#3. Eminem – The Marshall Mathers LP 2 – 55,000 (1,781,000)

#11. R. Kelly – Black Panties – 31,000 (269,000)

#15. Drake – Nothing Was The Same – 24,000 (1,368,000)

#17. Justin Timberlake – 20/20 Experience Complete – 20,000 (801,000)

#18. Childish Gambino – because the internet – 16,000 (173,000)

#21. Macklemore & Ryan Lewis – The Heist – 14,000 (1,246,000)

#36. B.o.B – Underground Luxury – 9,000 (63,000)

#39. Justin Timberlake – 20/20 Experience – 9,000 (2,436,000)

#41. Yo Gotti – I Am – 8,600 (120,000)

#65. Kendrick Lamar – good kid, m.A.A.d. city – 5,900 (1,132,000)

#69. Kanye West – Yeezus – 5,600 (630,000)

#76. Jay Z – Magna Carta…Holy Grail –  5,300 (1,104,000)

#148. 2 Chainz – B.O.A.T.S. II #MeTime – 3,300 (221,000)

* data comes from Nielsen Soundscan, rounded to nearest thousand for units above 10,000, nearest hundred for units below 10,000.

Beyonce fifth album was released early Friday morning exclusively on iTunes. Apple said Monday that it sold 617,213 in its U.S. iTunes Store. It sold 828,773 internationally.  No promotion. No Marketing

The album is being sold by iTunes exclusively for a week at $15.99. It will be sold in retailers and others websites this week.

“Beyonce” broke the first-week digital sales record for an album in the United States. It also marks the singer’s best first-week numbers.

The album will debut at No. 1 on Billboard’s Top 200 albums chart this week.

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