Fred Mwangaguhunga, an American entrepreneur and former corporate attorney, is best known for creating the celebrity gossip website Media Take Out. He earns most of his income from advertisements on his site, which has helped him to significantly increase his net worth since 2003. Mwangaguhunga was born in Washington, D.C. and graduated from Columbia University and John Jay College of Criminal Justice. He is currently working on a new project called The Daily Beast, which is aimed at breaking the latest celebrity news.
Born in Queens, New York, Fred Mwangaguhunga spent his early years in the United States studying law. After graduating from Columbia University, he worked on Wall Street as a corporate lawyer, advising companies on a variety of financial products. However, he was always intrigued by entrepreneurship, so he decided to pursue his passion for entrepreneurship. Mwangaguhunga, along with his wife, Notoya, started a laundry business that allowed customers to pick up their laundry, choose a fragrance, and view the laundry results online.
His first venture, a laundry business, took off when he started serving celebrities in the area. He later sold the company for an undisclosed amount, but the experience led him to venture into blogging. While operating a laundry business has its own challenges, the experience has honed Mwangaguhunga’s expertise in a niche market such as this. Moreover, he decided to take advantage of the fact that there is a huge gap in the industry and provide celebrity gossip.
Fred Mwangaguhunga, an entrepreneur, has built an empire through hard work and dedication. MTONews, his company, has grown to a multimillion-dollar business with four employees and 14 million page views per days. MTO News is frequently quoted in top-tier national media outlets and has earned him the title “Top Media Person in Africa”.
MediaTakeOut, which covers African-American celebrities, attracts over fifteen million users per month. Fred Mwangaguhunga created this website to fill a gap in the market that needed content specifically for African-Americans. Although the site’s storylines change constantly, the product is as solid as dirt. Fred Mwangaguhunga was a key figure in this media revolution.