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.
Black Billionaires
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.
Black billionaire Alex Karp's Palantir expands AI partnership with BP for oil and gas operations
This builds on a decade-long success of incorporating Palantir software into BP’s oil and gas production systems.
Tiger Woods earns $67.2 million, ranking among highest-paid athletes in 2024
The majority of his earnings, totaling $55 million, came from off-field activities such as businesses, endorsement deals, appearances, memorabilia, and licensing.
Robert F. Smith regains top spot as America’s richest Black billionaire
This comes after a month-long reign of David Steward, majority shareholder and co-founder of World Wide Technology (WWT).
David Steward surpasses Robert F. Smith to become America’s richest Black billionaire
Since the start of the year, Steward’s net worth has skyrocketed by $2.78 billion, averaging an impressive $24.17-million increase per day.
Tyler Perry’s net worth surges to $1.4 billion following major deals with Netflix, Amazon, BET
Perry’s net worth has soared from $1 billion at the start of the year to $1.4 billion, ranking him 2,245th among the world’s richest people.
Firm linked to America’s richest Black person Robert F. Smith surpasses $20-billion mark for eighth flagship fund
The fundraising endeavor has exceeded all expectations, showcasing an insatiable appetite for large-scale technology investments.
Tyler Perry signs new deal with BET following multimillion-dollar Netflix contract
The new agreement with BET marks Perry’s latest expansion of his creative empire. This follows his October 2023 multimillion-dollar first-look deal with Netflix.
America’s second-richest Black billionaire loses $200 million in 13 days
David Steward, a prominent figure in the tech industry who currently ranks as America’s second-wealthiest Black individual, has encountered a substantial setback…
Magic Johnson joins Taylor Swift and 263 others in the ranks of world’s newest billionaires
His inclusion in the exclusive billionaire club underscores his enduring legacy both on and off the basketball court.