America’s second-richest Black billionaire David Steward faces $900-million loss in 98 days
Steward’s net worth stands at about $5.27 billion, placing him at the 476th position among the richest individuals worldwide.
black billionaire
Tyler Perry faces off against 50 Cent, Shaq, Diddy in battle for $3-billion BET business
Perry expands involvement in BET acquisition amidst speculation of collaborations with prominent figures.
Oprah Winfrey, world’s richest Black woman, proves financial might: net worth holds firm at $2.5 billion
Winfrey’s net worth remains stable despite challenging economic climate.
Serena Williams scores big off-court rakes in $45.3 million in 2022
The tennis legend ranks 49th on Forbes’ highest-paid athletes’ list.
Beyonce’s ‘Renaissance’ world tour set to generate whopping $2.1 billion in earnings
Her world tour is set to amass $2.1 billion, as Forbes predicts record-breaking ticket sales.
Meet Robert L. Johnson, the first Black billionaire; he ushered in a new era for Black entrepreneurs
As the founder and former chairman of BET, Johnson built America’s first Black-owned cable television network.
Adidas proves it can thrive without Kanye West, set to sell $1 billion worth of Yeezy shoes
Adidas will sell $1 billion worth of Yeezy shoes made with Kanye West.
Jay-Z dominates wealth race with $1.3-billion net worth surge in 2023
With the latest $1.3 billion bump in his net worth, Jay-Z has joined the ranks of billionaires worth over $2.5 billion.
Kanye West’s exit deals blow to Adidas as Q1 results show $43 million loss
The impact of the fallout with the West-led brand hit sales in the reported quarter by around $441.56 million.
BET co-founder Sheila Johnson sells equestrian estate in Florida for $21.68 million
According to Forbes, Johnson’s net worth has risen by $80 million from $700 million to $780 million since 2015.
LeBron James among highest-paid athletes with $119-million income
Earlier this year, LeBron James’ net worth surged by $150 million, propelling the NBA superstar back to the exclusive billionaire club
Beyonce challenges IRS in U.S. tax court over $2.7-million tax liability
The move comes after her activewear brand, Ivy Park, severed ties with German sportswear brand, Adidas.
Billionaire Michael Lee-Chin’s Portland joins forces with UAE’s MBM Holding
Michael Lee-Chin sees the collaboration as an opportunity to contribute to the economic progress in scientific fields across the UAE
Michael Jordan scores big with $300-million boost in net worth this year
Since the start of the year, Jordan’s net worth has risen by $300 million, from $1.7 billion to $2 billion.
Jamaican billionaire Michael Lee-Chin lists Cayman mansion for sale at $35 million
If the property is sold at the current asking price, Lee-Chin will pocket a profit of almost $22.5 million.
How Jay-Z made his money: Four deals that propelled his net worth to $2.5 billion
Despite his remarkable career as one of the greatest rappers of all time, Jay-Z amassed his $2.5-billion fortune from his diverse investments.