Charli D'Amelio Launches 444 Capital: From TikTok Star to Venture Investor

Charli D'Amelio BioSnap a weekly updated Biography. Charli DAmelio, the TikTok queen with over 155 million followers, has been making waves in the business world this week alongside her sister Dixie. DotLA reports the DAmelio family just launched 444 Capital, a venture fund aiming to raise 25 million dollars focused on women and minority led startups in fintech, health care, and direct to consumer spaces. TechCrunch details how theyre partnering with Silicon Valleys Tandem Capital and Beacher Media Group, already raising part of the target for about 20 deals this year with one million dollar checks each. The sisters, who topped Forbes list as TikToks highest earners at 27.5 million combined last year, told the outlet their family wants to level the startup playing field for underrepresented entrepreneurs. This comes hot on the heels of MrBeasts Beast Industries acquiring Step, the teen fintech app Charli previously backed as an investor, per Fintech Futures and American Bazaar on February 11. The deal folds Steps seven million users into MrBeasts empire, spotlighting Charlis early stake alongside stars like Stephen Curry and Justin Bieber no, wait, Justin Timberlake and Will Smith. Business Insider notes MrBeast is even hiring a head of TikTok to scale there, trailing Charlis massive lead. On the family front, License Global announced DAmelio Brands formation, a new venture for licensing their empire, while older UTA signing news resurfaces. No fresh public appearances or social mentions popped up, though AOL recalls Charli thanking her Dancing With the Stars partner Mark Ballas for Broadway advice. Fitness buzz from Bodybuilding Bros pushes her workout rules, but thats evergreen chatter. These moves cement Charlis shift from dancer to savvy investor, with 444 Capital poised as her biggest biographical pivot yet. Get the best deals https://amzn.to/3ODvOta This content was created in partnership and with the help of Artificial Intelligence AI.