Alex Karp’s $5.9-billion fortune secures spot as third-richest Black billionaire in U.S.
Karp’s fortune grew by $430 million within 24 hours, marking a significant uptick from $5.47 billion to $5.9 billion, according to Forbes.
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Jay-Z extends NFL deal as Roc Nation continues Super Bowl halftime show production
NFL Commissioner Roger Goodell confirmed the extension, emphasizing the positive relationship between both parties.
Vista Equity, led by America’s second-richest Black person, aims to finalize $5.6-billion acquisition of PowerSchool
The deal reflects the growing demand for cloud-based education software and reinforces Vista’s commitment to enhancing student-driven technological innovations with a strategic focus in the education sector.
U.S. tech billionaire David Steward overtakes Aliko Dangote as world's richest Black person
In just two years, Steward's wealth has nearly doubled, up from $6 billion in 2022 to $7.6 billion in 2023, before reaching its current level.
Beyoncé poised for multimillion-dollar deal with Levi Strauss
Levi Strauss teased a potential collaboration with Beyoncé in a cryptic Instagram post.
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Flour Mills reports $1.01 billion in revenue for H1 2025
FMN's revenue surged 75.98 percent, climbing from N964.6 billion ($576.26 million) in the same period last year to N1.7 trillion ($1.01 billion).
Startupbootcamp, Ashish Thakkar launch $250-million fund for African startups
The fund targets key African tech hubs, including South Africa, Nigeria, Kenya, Ivory Coast, and Egypt.
Quinton van Rooyen’s stake drops $3.9 million amid JSE decline
Van Rooyen, the company’s largest shareholder with 377.2 million shares, has lost R67.9 million ($3.9 million) in market value this year.
Palm Hills expands stake in Egypt’s hospitality sector with Macor Hotels deal
Palm Hills raises stake in Macor Hotels to 69.5%, strengthening its presence in Egypt’s hospitality sector amid tourism growth.