Rocky Aoki, the creator of the Benihana Japanese restaurant chain, was fined $500,000 and sentenced to three years of probation for unlawfully benefitting on a 1993 tip that Spectrum Information Technologies Inc. was set to recruit former Apple Computer Inc. CEO John Sculley. Devon Aoki has a net worth of $30 million dollars. Look no further than Bangalore, also known as the Silicon Valley of India, is home to many data science courses. Our management and restaurant professionals have done a tremendous job of accelerating and strengthening performance through our renewal efforts. The proxy statement that the Company plans to file with the Securities and Exchange Commission and mail to its stockholders will contain information about Benihana, Angelo Gordon, the proposed merger, and related matters. This represents a premium of 46% percent over the average closing share price for the 30 days ended March 13, 2012, at which time the Company announced that it was exploring strategic alternatives (including a possible sale of the Company), and an approximate 23% premium to the closing share price on May 21, 2012. Hiroaki and his friends started a rock and roll band called Rowdy Sounds. On November 30, Steve Aoki was born. He was also fined $500,000 for illegally profiting. While Devon Aoki was Benihanas owners daughter. They provide both a family-style hibachi and lounge seating for a more private dining experience. Forbes estimates Aoki will earn $14 million in 2013, $2 million more than last year. Then I help them. The lush greenery and rolling hills make it an ideal destination for a fun weekend getaway. Naming his eldest children, Kevin, Grace, Echo, and Kyle, in the suit, he accused them of trying to "wrest control" of the company away from him. He was not the kind of father to sit you down and tell you about life, Aoki tells The Post of his playboy pop. Rocky Aoki, the creator of the theatrical Benihana restaurant business, where [11][12] Before his death, he became a United States citizen. Hiroaki Aoki ( , Aoki Hiroaki, October 9, 1938 July 10, 2008), best known as Rocky Aoki, was a Japanese-born American amateur wrestler and restaurateur who founded the popular Japanese cuisine restaurant chain Benihana, and Genesis magazine. In 2014, Aokis heirs eventually regained legal control of their fathers estate, but Ono, as a trustee, still retained significant control over their 50 million dollar inheritance. All the money I made, I made myself.. Calvin Harris, the Scottish DJ and music producer best known for his collaborations with Rihanna, Ellie Goulding and Ne-Yo, tops the 2013 list with $46 million, edging out DJ heavyweights such as Tiesto ($32 million, No. This is the sound of this generation and Im proud to be part of it.. Later on, Benihana owner Aoki toured the United States. He was 69. Our guests are seated at communal tables in groups, where your personal chef will perform the ancient art of Teppanyaki. However, the siblings are accusing Keiko of spending this money on some questionable things. Steve was 4 when his mother, Chizuru Kobayashi, divorced Rocky in 1981. 2023 Fortune Media IP Limited. But the globe-trotting restaurateur also raced boats, cars and hot air balloons. Aoki says becoming a DJ was never a lifelong goal he graduated from the University of California, Santa Barbara with degrees in sociology and women's studies and turned down a PhD program to focus on his fledgling record label. His third wife was Keiko Aoki. This cookie is set by GDPR Cookie Consent plugin. Forbes doesnt have access to Calvins bank account dont believe the numbers, Oakenfold says in a phone interview from Los Angeles. He passed away two years later on November 18th of 1964 from injuries sustained during an accident when his car crashed into another vehicle while driving home from work. All Rights Reserved. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". The Double Eagle V balloon set sail from Nagashima, Japan; the balloon picked up ice and floated at low altitudes across the ocean. In 1982, Benihana National Corporation went public with Joel Schwartz as president. Some of the restaurants continued to be privately owned by Aoki. The company had some missteps including the opening of the upscale Big Splash restaurant and a frozen food division, Benihana National Classics. Aoki used his all savings from the ice cream business to convince his father to co-invest in the first Benihana. Much more. Yonosuke and Katsu Aoki, Aokis parents, came up with the idea for Benihana. [15] His grave is at the cemetery attached to Joshin temple in Setagaya Ward, Tokyo. But that all changed when Keiko came into his life. Aoki divorced, and shared the story widely. The founder of Benihana died at the age of 69 due to pneumonia. An iron grill is used for teppanyaki, as we all know. In addition to the risks and uncertainties set forth above, investors should consider the risks and uncertainties discussed in Benihana's filings with the Securities and Exchange Commission, including, without limitation, the risks and uncertainties discussed under the heading "Risk Factors" in such filings. The Double Eagle Vs record was finally broken this January when an American and Russian flew across the Pacific. Steve was also a journalism instructor at the University at Albany for 12 years. All rights reserved. Hes been producing beats for three decades and says the proliferation of DJs in recent years can be blamed on one factor: Technology. Within a few years, he was an expert himselfhe won a world title in 1974 and regularly played celebrity charity matches against competitors like Lucille Ball. He was a Japanese-American amateur wrestler and restaurateur. [2], Aoki died of pneumonia in New York City. Aoki grew up around money his late father Rocky started the popular Japanese steakhouse chain Benihana and accumulated a net worth of $30 million to $40 Not all club owners are willing to give DJs whatever they want, however: The family that owns Pacha, the legendary nightclub in Ibiza, Spain, dismissed its longtime music director this spring and has been reaching out to new talent to spin records. She began modeling at the age of 13, and appeared in the 2003 film 2 Angelo, Gordon & Co., L.P. is a privately held limited partnership founded in November 1988, and currently manages approximately $24 billion. Despite not enjoying the mainstream popularity of rivals Playboy and Penthouse, the magazine remained in activity for nearly 40 years. Rocky Aoki had an amazing life. (AP Photo/Richard Drew, File), Rocky Aoki, founder of Benihana, walks with his wife and dog near his Upper East Side apartment on January 4, 2006 in New York City. Devon Aoki is an American model and actor. toured the United States. Trust me, Im as shocked as you are. But they can't even crawl. Things between father and son soured following Rockys marriage to his third wife, Keiko Ono, in 2002. In fact, this name was suggested by his father. The money is only going to a few DJs with hits in the pop world.. This name was taken from the Japanese name for safflower. In the early 1990s, Aoki launched Rocky Aokis Ultra Herbal Power Slim, diet pills that he sold through a multi-level marketing company. The cookie is used to store the user consent for the cookies in the category "Performance". Like any good story, the history of Benihana begins with the descendent of a samurai warrior and a small Tokyo coffee shop. He started his food empire selling ice cream in Harlem, but through the success of Benihana, Rocky developed a net worth of about $40 million by the mid-1970s. He would later explain, "I play bass. [13] The U.S. Attorney's office in Brooklyn, N.Y. charged Aoki with six counts of insider trading and one count of conspiracy based on trading upon inside information about Spectrum Information Technologies Inc.[14], According to the indictment, Aoki learned through Donald Kessler, a former stock promoter, inside information concerning Spectrum's imminent hiring of John Sculley, then-chairman of Apple Computer Inc., as the chairman of Spectrum, and bought 200,000 shares of Spectrum stock. The founder of Heinz Ketchup founded this company to manufacture thousands of food products in plants. He was a Japanese-American amateur wrestler and restaurateur. Keiko, now 61, has battled since his death with his six children, all by other women, for control of the Benihana Protective Trust, which Rocky founded in 1998 after being convicted of insider trading. In a same vein, who is the originator of Benihana? Im excited to see the shows get bigger and bigger, he says. Sign up for free newsletters and get more CNBC delivered to your inbox. In the 1960s, he opened his first location at Times Square on Broadway in New York City and eventually expanded to over 190 locations worldwide. The founder of Benihana is Hiroaki Aoki. (AP Photo/Dave Pickoff), Rocky Oaki, the founder of the Benihana corp., uses a dipper to pour sake for guests January 23, 2002 at the debut of the Sushi Doraku restaurant that he co-owns in South Beach, Florida. The name of this restaurant was suggested by his father. Richard C. Stockinger, Benihana's Chairman, President and Chief Executive Officer, said, "This is a win for our growing base of loyal customers who enjoy our restaurants every day, and for our future customers in markets hungry for the dramatic, high-quality Japanese dining that only our brands can deliver. Dim Mak wasnt profitable until Aoki started to DJ in the mid-2000s, building up his own reputation as an entertainer with some inspiration from his father. According to The Daily Mail the kids do not have access to the money until each one of them turns 45. A former AAAU champion wrestler, he was a daring powerboat racer, a shameless self-promoter, and a playboy. It was Errol Lanier, a former fireman who saved his life in a near-fatal powerboat crash under the Golden Gate Bridge. By 1972, there were six Benihana locations in the United States, with more opening every day. During his death, the. You only get Calvin Harris, Avicii, David Guetta. Later on, Hiroaki abandoned music for athletics. He's the heir to the Benihana fortune and dubbed himself the Kid Millionaire. From hiking Are you curious to know what is parking validation? Read More Start retirement plans NOW! In 2016, Benihana Inc. The six children of Rocky Aoki assumed legal control of their father's estate earlier this year after a long, bitter battle with their stepmother and trustee, Keiko Aoki. He then attended Springfield College in Springfield, Massachusetts. Investors are cautioned that forward-looking statements involve risks and uncertainties that may affect the business and prospects of Benihana, including, without limitation: risks related to Benihana's business strategy, including the Renewal Program and marketing programs; risks related to Benihana's ability to operate successfully in the current challenging economic environment; risks related to Benihana's efforts to strengthen its Benihana Teppanyaki concept and build its RA Sushi and Haru brands; and other risks and uncertainties that may cause results to differ materially from those set forth in the forward-looking statements. WebBenihana of Tokyo, Inc. v. Benihana, Inc., 906 A.2d 114 (Del. In this post, you will get to know about the founder of Wendys. [3], After he received his associate degree in management in 1963,[4] he used the $10,000 he had saved from the ice cream business to convince his father to co-invest in the first Benihana, a four-table teppanyaki restaurant on West 56th Street. S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. The founder of Benihana launched this restaurant in 1964. His father was a former wrestler and the founder of the Benihana restaurant business. In 1983, Rocky reportedly invested $3.5 million in a pair of ultralight submarines for the purpose of looking for booty and bones in waters off the coast of Japan. Sadly, Rocky Aoki died in 2008 at the age of 69. During the past 10 years, EDM DJ, producer and artist Steve Aoki has performed solo at just about every arena and festival stage you can think of. Fauci says the general public somehow didnt get his messaging that the vulnerable are really, really heavily On Thursday, Lyfts new CEO laid off over 1,000 employees. (Photo by Ron Galella/WireImage), Steve Aoki, DJ/enterpreneur becomes one of the hottest nightlife personalities. His father was walking through the bonded-out ruins of post-war Tokyo when he noticed single red safflower growing in the rubble. Benihana Onion Soup, Benihana Salad, Shrimp Hibachi Appetizer, Hibachi Vegetables, Homemade Dipping Sauces, Steamed Rice, and Japanese Hot Green Tea are offered as part of a 5-course dinner. 4). Thousands of revelers are gyrating to music spun by superstar DJ Steve Aoki, who will soon perform a ritual his followers eagerly anticipate at each show: smashing 10 sheet cakes onto the faces of audience members. The Benihana founder died in 2008. However, the lawsuit was never settled, and contentious legal battles continued between Ono and Aoki's children following his death in 2008, per the Daily Mail. Rocky was a Tokyo native who came to the US in 1960 as an star wrestler. [citation needed], Aoki partially funded and crewed the Double Eagle V, the first balloon to successfully cross the Pacific Ocean. Naming his eldest Those DJs will be affected by a bubble.. Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors. Hiroaki Aoki is the one who invented this restaurant first in New York. "I want to help my kids, but I want my children to crawl, to walk, then run on their own," Rocky told New York magazine at the time of the lawsuit. The 35-year-old Grammy-nominated DJ and California native has become famous for his stage antics, which also include showering the crowd with champagne. Save my name, email, and website in this browser for the next time I comment. Topped with a jalapeo and a spicy sauce. His third wife was Keiko Aoki, a businesswoman whom he married in 2002. Assuming the satisfaction of conditions, the Company expects the transaction to close in the second half of the 2012 calendar year. You have come to the right place as I am going to tell you everything about teraphobia Benihana is a famous American restaurant in New York City. (Photo by Ron Galella, Ltd./WireImage), Head coach, several players out at Albany Empire after pay issues, USS Slater kept afloat by shrinking number of volunteers, Bride dies at beach when speeding DUI driver slams golf cart, Saratoga Springs firefighters want chief out. But, his legacy lives on with more than 70 Stockholders to Receive $16.30 Per Share in Cash in Successful Conclusion to Strategic Review. A Benihana establishment would need a minimum investment of $50,000. 2023 NYP Holdings, Inc. 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With the demand for data science professionals rising, choosing Are you looking for an adventure-packed vacation in the Smoky Mountains? The founder of Chipotle started this business with the idea of fast-casual dining. In November, 1981, Aoki and three other men made a harrowing and record-breaking 5,208 mile balloon ride across the Pacific. Benihana founder, Hiroaki "Rocky" Aoki left a $50 million inheritance. The cookie is used to store the user consent for the cookies in the category "Other. The niche label struggled financially, but Aoki didnt turn to his dad for help. The founder of Benihana Rocky was married three times. Oakenfold who hails from Great Britain and was one of the first DJs to become a household name in Europe and the U.S. recently launched his North American tour to promote "Trance Mission," a compilation of remixed tracks from the 1990s and 2000s. But the fun-loving DJ and music producer has a serious side, too: He oversees an empire that includes the indie record label Dim Mak, four restaurants, a fashion line and a charitable fund. The expeditions were to be filmed for Japanese and British television. Use Next and Previous buttons to navigate. Subscribe to Well Adjusted, our newsletter full of simple strategies to work smarter and live better, from the Fortune Well team. he told New York. It traveled a record 5,768 miles (9,283km). The anecdote is even included in the comic manga version of his biography, Mr Benihana: The Rocky Aoki story. Benihana founder Rocky Aoki and his third wife, Keiko Aoki, in 2006. In 1999, the founder of Benihana was arrested and given three years probation. Wanting to offer something different than other coffee shops in the area, Yunosuke Aoki rode his bike over 20 miles to purchase real sugar to serve in his shop. Rocky Aoki, the founder of the Benihana restaurant chain, died at the age of 69. Immediately following the marriage, the children tried, unsuccessfully, to convince Ono to sign a post-nuptial agreement. It was Why Rebounding Is A Key Skill for Fouth Players To Learn, Tips For Attacking a Zone Defense as a Youth Basketball Team, Why This is a Big Deal for the Sports Betting Industry. I learned to be humble. [2], At the time of his death, Rocky Aoki had seven children and was married to his third wife Keiko. He fathered seven children with three women; and when he died in 2008, married to a fourth (his third wife), he left behind the sort of combustible family dynamics that gave rise to the epic, ongoing battle over his fractured restaurant empire. Choosing which lucky concertgoer to cake will be tough: Cake me the hardest signs are spotted throughout the crowd. [1] Aoki and some friends started a rock and roll band called Rowdy Sounds, though Aoki eventually abandoned music for athletics. Hiroaki Aoki is the one who invented this restaurant first in New York. Aoki founder of Benihana attended Keio University. (AP Photo/Marty Lederhandler), Benihana founder Rock H. Aoki attends the Dress For Success Gala Dinner at the Marriot Marquis Hotel April 3, 2006 in New York City. This story has been shared 396,864 times. Rare is the photo of Aoki above the teppan table. But it wasnt until legendary food critic Clementine Paddleford gave Benihana a rave review that the restaurant really took off, paying for itself in just six months. The Company does not intend to disclose developments with respect to this process unless and until the Board makes a decision regarding a potential superior proposal. "We are very excited to be working with Richard Stockinger and the entire Benihana team. It was an abuse. By clicking Accept, you consent to the use of ALL the cookies. Benihana does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events. In fact, he was undefeated in the wrestling 112-pound flyweight class. [5] These included musician Steve Aoki and actress-model Devon Aoki. Aoki threw himself into ithe read manuals, hired experts to teach him, and played late into the night, most nights at Club Genesis. On February 5, 2014, the Board of Directors of Benihana Inc. named Steve Shlemon the companys new President and Chief Executive Officer. Aoki, whose Benihana empire includes more than 100 restaurants worldwide, died Thursday night in New York from pneumonia, surrounded by his wife and six children, Benihana's story begins with Hiroaki "Rocky" Aoki. The Japanese wrestler's father, Yunosuke a restaurant owner himself was rumored to be the descendant of a samurai. Yunosuke seemed to pass that fighting down gene to his son, as Rocky was a skilled wrestler who qualified for the Japanese Olympic team in 1960. Under the terms of the merger agreement, which has been approved by the Company's Board of Directors, Angelo Gordon will acquire all of the outstanding shares of Benihana's common stock for $16.30 per share in cash. Send an email to: thedailyticker@yahoo.com. Her mother Pamela is of German and English descent, and her father Hiroaki is Japanese descent. Thanks for contacting us. (safflower). named after the Benihana restaurant company. Your email address will not be published. It crash-landed 84.5 hours later in the mountains of Northern California during a driving rainstorm. He was raised by his mom in Southern California and only saw his New York-based father a few times a year. You can reach him at sbarnes@timesunion.com or 518-454-5489. Past performance may not be indicative of future results. He continued to play at least weekly until his death. But he was unable to complete it. Steve Aoki has a net worth of $75 million. The group flies around and performs in restaurants and promotional events all while wearing Benihana chef attire. You have come to the right place as I am going to tell you everything about Embedded C is an increasingly common choice for building software for embedded systems, which are purpose-built computers that perform a narrow set of tasks. On June 9, 1998, Aoki was charged with insider trading and profiting by more than $590,000 from it. He eventually became a United States citizen. Thursday's decision by the Court of Appeals, based on arguments made before the court in mid-February, comes after conflicting judgments by a surrogate's court and an appellate court. Benihana - Carlsbad, CA 3.7 3117 Reviews $30 and under Japanese Top Tags: Good for special occasions Good for groups Lively Welcome to Benihana and a dining experience unlike any other! But he argues the published numbers and rankings are far from accurate. Angelo Gordon has fully committed financing and the transaction is not subject to a financing condition. We feel that this transaction with Angelo Gordon recognizes the value of the Benihana brands and delivers a significant cash premium to the Company's shareholders. However, Aoki was offered several wrestling scholarships from different American colleges. The Benihana restaurant franchise, which established its first location in New York in 1964, made teppanyaki renowned in the United States. The H.J. His father didnt give him a dime, says documentary director Justin Krook. Benihana is a Japanese restaurant chain founded by Benihana, Inc. This September organizers of the Electric Zoo festival in New York City canceled the last day of the three-day outdoor concert after two young fans died from overdosing on ecstasy and molly (slang for pure MDMA). This announcement is neither a solicitation of proxy, an offer to purchase nor a solicitation of an offer to sell shares of Benihana. The elder Aoki (who passed away in 2008) lived a lavish lifestyle that included racing boats, exotic cars and Andy Warhol paintings. Hiroaki is best known as Rocky Aoki. These cookies will be stored in your browser only with your consent. Gossip site TMZ said Steven and Devon Aoki 38 and 33, respectively won't get their inheritance until each turns 45. Jeremy Fielding or Anntal SilverKekst and Company (212) 521-4800, Cision Distribution 888-776-0942 Predictions For This Years MLB All-Star Game. Look no further than Pigeon Forge! A Division of NBCUniversal. The founder of Dunkin Donuts established this American multinational coffee and doughnut company KIND is best known for its delicious, healthy snacks. The niche label struggled financially, but Aoki didnt turn to his dad for help. Kirkland & Ellis LLP is serving as Angelo Gordon's legal advisor. (Photo by Bennett Raglin/WireImage), ** FILE ** This Thursday, Aug. 9, 2001 file photo shows Rocky Aoki, center, restaurateur, former athlete and founder of the Japanese steakhouse chain Benihana Inc., as he cracks open a ceremonial cask of sake with the help of co-owner Barbara Matsumura and the restaurant's architect Chris Smith, celebrating the opening of one of his ventures, Haru, in New York. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. The city also hosts the three-day Electric Daisy Carnival every June, bringing more than 300,000 dance fans to the desert. Mr. Aoki even refused to pay for printing and mailing expenses at Kinkos. But things turn around He has two elder siblings, Kana (who is frequently referred to by her middle name Grace) and Kevin (owner of Doraku Sushi restaurant). He would eventually divorce his second wife, too. Aoki, who was married three times,[6] once said that he had "three kids from three different women at exactly the same time. But opting out of some of these cookies may affect your browsing experience. Just after the war, Yunosuke Aoki (a samurai descendent and popular entertainer) decided to start a coffee shop with his wife, Katsu. (AP Photo/Richard Drew), Benihana restaurant owner Rocky Aoki at a benefit bash at the Bryant Park Grill. Angelo Gordon partners with world-class managers and operators to find and manage investment opportunities. Calling them "disloyal and incompetent," Aoki disinherited the four children named in the suit and amended his will to give Ono almost complete control of his estate. However, the children's grief doesn't all stem from their stepmother. In addition to receiving the proxy statement or a notice of internet availability of the proxy statement from Benihana by mail, stockholders will also be able to obtain the proxy statement, as well as other filings containing information about Benihana, without charge, from the SEC's website (www.sec.gov) or, without charge, from Benihana by mail or online from the Benihana website at the Investor Relations section of www.benihana.com/about. During his death, the founder of Benihana had been suffering from diabetes, Hepatitis C, and cirrhosis of the liver. Stockholders to Receive $16.30 Per Share in Cash in Successful Conclusion "Basically, they think my wife is, like, gold digger," he said in a 2006 New York Magazine interview, adding that his daughter Grace even believed Ono would try to kill him for his money. He had a pure, simple vision: he served three Middle American entreeschicken, shrimp and steak. (Photo by Lawrence K. Ho/Los Angeles Times via Getty Images), Steve Aoki, DJ/enterpreneur becomes one of the hottest nightlife personalities. Benihana was the name of Aoki's parents' business back in Japan, which began as a coffee shop but was later turned into a full-service restaurant, according to *SUSHI (570 Cal.). A red safflower found in the neighbourhood streets gave the Aokis the inspiration for the restaurants name; Benihana or , With the help of my above article, you got to know, . For the rights to establish their own site, new franchisees should expect to pay a $50,000 franchise fee. In a similar vein, who presently owns Benihana? Over here, he competed in track and field, karate, and wrestling. Aokis parents split the cost of his college tuition but that was the extent of his fathers generosity; Aoki and two friends each chipped in $300 to start Dim Mak. There can be no assurances that this process will result in a superior proposal or alternative transaction. Can't wait till I'm dead?" At Pier 94 in New York City, a few lucky fans of electronic dance music (EDM) are about to get caked. Pool Table vs Snooker Table: Which Is More Popular? His father didnt give him a dime, says documentary director Justin Krook. It was Errol Lanier, a former fireman who saved his life in a near-fatal powerboat crash under the Golden Gate Bridge. (Photo by Joe Raedle/Getty Images), Pat Morita, Rocky Aoki, Robin Leach and Kevin Aoki (Photo by Ron Galella, Ltd./WireImage), Tina Louise, Rocky Aoki, and Pat Morita during 35th Anniversary of Benihana Restaurant at Benihana in New York City, New York, United States. (Logo: http://photos.prnewswire.com/prnh/20110513/NY02073LOGO ). The majority opinion of the Court of Appeals, supported by five members of the panel, disagreed, finding that previous testimony suggested Aoki knew the impact of the codicils and, in any case, "Absent any evidence of fraud, one who signs a document is bound by its terms." Later on, Rocky died of pneumonia in New York City. Overturning the surrogate's court decision that Keiko was entitled to the trust, the appellate court ruled, as per Rocky's last will, revised in 2007, that half of the trust go to his son Steven, a popular DJ, and half to his daughter Devon, a model who was once the face of the fashion house Versace. Why wont Touch ID be under the screen in the iPhone 15 and iPhone 16? STOCKHOLDERS ARE URGED TO READ THE PROXY STATEMENT CAREFULLY WHEN IT IS AVAILABLE, AS IT WILL CONTAIN IMPORTANT INFORMATION THAT STOCKHOLDERS SHOULD CONSIDER BEFORE MAKING A DECISION ABOUT THE MERGER. The ruling does not mention the value of the trust, but previous news accounts estimated it at about $35 million. He is an American electro house musician, Grammy-nominated record producer, and the founder of Dim Mak Records.
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