America’s second-richest Black man David Steward’s wealth soars above $6 billion
Steward’s fortune has skyrocketed by more than $1.1 billion recently, rising from $4.87 billion on May 9 to $6 billion.
black billionaire
Jay-Z’s foundation raises $20 million to help socioeconomically disadvantaged individuals
Through the dedication of Jay-Z and Gloria Carter, the foundation’s legacy shines as a beacon of hope and opportunity for countless young minds.
Sean ‘Diddy’ Combs unveils innovative e-commerce platform to empower Black entrepreneurs
Combs expressed his mission to empower Black entrepreneurs by providing them with the necessary resources to build successful businesses.
Firm linked to son of America’s second-richest Black man inks million-dollar deal with Nickelodeon
David Steward II, son of America’s second-richest Black man, founded Lion Forge Animation in 2019.
7 companies owned by Nigerian multimillionaire Oba Otudeko
Otudeko is the founder and chairman of Honeywell Group, a Nigerian conglomerate with holdings in property, energy and engineering services.
African-American tech billionaire Alex Karp’s net worth nears $2 billion amid Palantir stock surge
Karp is the co-founder of Palantir Technologies, a U.S. firm that specializes in big data analytics.
Sean ‘Diddy’ Combs pursues full enforcement of 2021 agreement in Diageo lawsuit
The agreement requires Diageo to treat Combs’ DeLeon tequila brand “at least as favorably” as its other tequila brands.
Ethiopia’s richest man Mohammed Al-Amoudi drops off Bloomberg’s richest list
Despite the decrease in his net worth, Al-Amoudi remains a prominent figure in the Middle East and Africa.
America’s second-richest Black man David Steward gains $490 million in 36 days
The recent surge in Steward’s fortune can be attributed to the impressive performance of his holdings in World Wide Technology.
America’s richest Black billionaire Robert F. Smith’s firm sells Apptio to IBM for $4.6 billion
Vista Equity Partners has rapidly emerged as a dominant force in the technology sector.
America’s richest Black billionaire Robert F. Smith adds $100 million to fortune
According to the Bloomberg Billionaires Index,Smith holds the 151st position among the world’s wealthiest individuals.
Diageo ends ties with Sean ‘Diddy’ Combs amid lawsuit alleging discrimination
Diageo expressed profound disappointment in Combs for bringing forth what they deemed a bad faith lawsuit.
Dangote’s throne as ‘richest Black person’ under threat as American billionaire keeps pace
The wealth gap between Aliko Dangote and Robert F. Smith has significantly decreased, raising the stakes in this high-profile competition.
Tanzanian billionaire Mohammed Dewji wins Industrialist of the Year Award
Dewji was named “Industrialist of the Year” at the All Africa Business Leaders Awards annual gala in South Africa on Friday.
IBM to invest up to $5 billion in firm linked to America’s richest Black billionaire
Vista Equity Partners has established itself as a dominant force in the technology sector.
Meet Janice Bryant Howroyd, the first Black woman to own a billion-dollar company
Howroyd has amassed a net worth of $600 million, making her the fourth-richest Black woman in America.