Peter Lewis Kingston "Pete" Wentz III is an American musician best known for being the bassist and primary lyricist for the American rock band Fall Out Boy. Since the announcement of Fall Out Boy's temporary hiatus in 2009, Wentz has formed the experimental electropop/dubstep group Black Cards. He owns a record label, Decaydance Records, which has signed bands such as Panic! at the Disco and Gym Class Heroes. Fall Out Boy returned in February 2013. Wentz has also ventured into other non-musical projects, including writing, acting, and fashion; in 2005 he founded a clothing company called Clandestine Industries. He also hosts the TV show Best Ink and runs a film production company called Bartskull Films, as well as a bar called Angels & Kings. His philanthropic activities include collaborations with Invisible Children, Inc. and UNICEF's Tap Project, a fundraising project that helps bring clean drinking water to people worldwide. People magazine states that "no bassist has upstaged a frontman as well as Pete Wentz of Fall Out Boy."