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Black Enterprise Titan, Casino Mogul Don Barden Dies

Black Enterprise Titan, Casino Mogul Don Barden Dies

Don Barden, a visionary entrepreneur who built successful businesses in the cable television and gaming industries over the course of his career, died at Detroit's Barbara Ann Karmanos Cancer Institute this morning. According to a report in The Detroit News, Barden, 67, was getting treatment at the institute for lung cancer. He was owner, chairman and CEO of The Barden Cos. Inc., which included among its holdings the Majestic Star and Fitzgerald's casinos and hotels, and Waycor Development Co.

Balancing Act

After Shelly Robertson’s nine-year marriage ended in 2006, she quickly adjusted her lifestyle. As part of a two-income household bringing in more than $250,000 each year, Robertson and her ex-husband took spur-of-the-moment vacations to the Caribbean and had the resources to purchase whatever they wanted. But once Robertson became a divorcée in charge of taking care of the couple’s 10-year-old son, she had less money to work with. The changes forced her to become more aware of her financial decisions. Robertson now has a household income of $106,200, which includes monthly court-ordered child support payments of $1,100. Still, the senior program manager at a finance company now maps out all her purchases. The adjustment has been difficult, but the 38-year-old Upper Marlboro, Maryland, resident says she’s up to the challenge.

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