Fawn & Keith Weaver Fired, Phoebe Gates' Phia Fraud & Warren Buffett Drops Gates Foundation cover art

Fawn & Keith Weaver Fired, Phoebe Gates' Phia Fraud & Warren Buffett Drops Gates Foundation

Fawn & Keith Weaver Fired, Phoebe Gates' Phia Fraud & Warren Buffett Drops Gates Foundation

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On this week’s Rich Lessons mini-segment, we break down the explosive business and cultural headlines shaking up tech, finance, and entertainment.

First, the shocking fallout at Uncle Nearest Whiskey: founders Fawn Weaver and Keith Weaver have been formally terminated by the court-appointed receiver amidst deep financial turmoil and ongoing federal investigations. What does this mean for the future of the massive Black-owned spirits empire?

Next, Bill Gates’ daughter, Phoebe Gates, is making headlines as her AI shopping startup, Phia, faces serious "cookie stuffing" and digital attribution fraud accusations from Bloomberg. We discuss the tech, the privilege, and whether early-stage VCs fail at baseline due diligence.

Plus, Warren Buffett alters his $140 billion estate plan—officially cutting ties with the Gates Foundation to route his wealth through family foundations. Is it true philanthropy or a systemic wealth transfer trick?

Finally, we recap the absolute chaos and historic highs of Jay-Z’s 3-night Yankee Stadium concert series, from the security nightmares to Rihanna and Eminem’s surprise appearances, and why Saturday night fans are demanding justice.

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