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    Ellie Kam

Jay-Z Sues Bank

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Jay-Z filed a lawsuit against a bank and an investment firm in New York City yesterday.

According to the suit, Jay’s company bought out a $66 million piece of land in 2007 and took out $63.8 million in loans from Highland Capital Management LP to cover the costs. The company was unfortunately unable to find investors for the project, and offered to sell the land back to the people at Highland rather than to face foreclosure.

Jay is suing the executives at Highland for dragging their feet in accepting his offer, causing him to accrue interest on the loans. He’s seeking $3.7 million to cover his costs.

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As of Saturday, the star-studded Hope For Haiti telethon had already raised an estimated $58 million for the island’s earthquake victims.

More monetary donations continued to pour in over the rest of the weekend, and the “Hope for Haiti Now” album of the night’s musical performances, which hit the No. 1 spot in 18 countries on Saturday, is expected to rake in even more money in iTunes sales.

Celebrities including Alicia Keys, George Clooney, Reese Witherspoon, Julia Roberts, Steven Spielberg, Bono, Taylor Swift, Jay-Z, Rihanna, Madonna, and Stevie Wonder participated in the event.

Proceeds from the telethon have been donated to the Red Cross, UNICEF, the U.N. World Food Programme, Oxfam America, Partners in Health, the Clinton Bush Haiti Foundation, and the Yele Haiti Foundation.

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Beyonce And Jay-Z Hyphenate Themselves

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Word has it that Jay-Z (real name Shawn Carter) and Beyonce Knowles are making plans to do some name swapping. A source recently told reporters that in order to keep their last names from dying out, Jay-Z and Beyonce are both planning to take on the hyphenated last name, Knowles-Carter.

Beyonce’s parents (who btw are working on getting themselves divorced), did not have any sons to take their name, and the couple have no current plans to have any kids of their own.

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Chris Martin Is A Weakling

Looks like Gwyneth Paltrow’s not the only pussy in the family. Jay-Z was able to pull Chris Martin to the ground like a twig during a recent show.

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Jay-Z, Kanye West, and Rihanna get dark in the video for their new single, Run This Town.

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Chris Brown’s A “Good Boy” Says His Sister

Chris Brown’s sister Tootie (she really calls herself that) tells TV’s Extra that her brother is doing well after having to defend himself from being beat up by Rihanna earlier this week.  She says,

He’s always been a good boy - never violent.  He’s doing good.  He’s coping.

Other reports are saying that Rihanna was seen with bruises on her neck way back in December, suggesting that this isn’t the first time Chris has needed to use his self defense skills on her.

In addition to all this, it seems that Rihanna isn’t the only one Chris has had to defend himself against.  Sources are saying that security guards were called in 2007 after guests at a Miami hotel reported a fight in a room that Chris was staying in with his mother.  When authorities arrived, they found that Chris had been throwing dishes at his mom, presumably to keep her from hurting him.

To make matters worse, Jay-Z, who’s apparently on Rihanna’s side has now announced that he’s planning on coming after Chris for beating up his friend.  Will Chris need to defend himself against Jay as well?  Hopefully his fists of steel will hold up in that match.

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Beyonce and Jay-Z Have Craploads of $$$

Forbes is releasing lists left and right. The most recent one is for top earning couples in Hollywood, and Beyonce and Jay-Z have snagged the #1 spot, pulling in $162 million between June 1 2007 and June 1, 2008.

Jay-Z made $82 million, and Beyonce netted an additional $80 million.

Full list below:

1. Jay Z and Beyonce - $162 million

2. Will Smith and Jada Pinkett Smith - $85 million

3. David Beckham And Victoria Beckham - $58 million

4. Tim McGraw and Faith Hill - $35 million

5. Brad Pitt and Angelina Jolie - $34 million

6. Judd Apatow and Leslie Mann - $30 million

7. Gavin Rossdale and Gwen Stefani - $28 million

8. Keith Urban and Nicole Kidman - $25 million

9. Tony Parker and Eva Longoria - $22.5 million

10. Harrison Ford and Calista Flockhart - $22 million

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Jay-Z Took Beyonce’s Virginity

Jay-Z got lucky with Beyonce when he was somehow able to talk her into getting into bed with him. The singer said in an interview last week,

I had one romance when I was 13 to 17, but we didn’t, you know… since then I’ve only had one boyfriend in my life - Jay.

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Jay tells Vibe Magazine that he’s keeping his mouth shut about his marriage because it’s a private matter.  He says,

I just think it’s really a part of your life that you gotta keep to yourself… You have to have something sacred to you and the people around you.  I shared so much of my life, I should have something to hold on to.

Man’s got no issues rapping about Hoes and Big Pimpin’ tho.

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