Earnings from Kanye West’s ‘Vultures 1’ listening events surpass $12 million
The success of these events comes amid challenges, including recent controversies causing a $1.6-billion dip in West’s fortune and delays in the album’s release.
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Beyonce launches Cecred, her first-ever hair care line
Early in May 2023, Beyonce began dropping hints about Cecred during the Renaissance Tour, and now the line has been officially introduced to the market.
America’s second-richest Black billionaire David Steward gains $280 million in 6 days
The significant boost in Steward’s net worth is primarily attributed to the performance of his substantial 59-percent stake in World Wide Technology (WWT).
Ventures owned by one of America’s youngest digital bank owners Sheena Allen
Allen, a 35-year-old visionary entrepreneur and leading figure in the fintech ecosystem, ranks as one of America’s youngest digital bank owners.
One of America’s richest Black CEOs, Craig Arnold is now $15.7-million richer
Eaton’s Chairman and CEO, Arnold, who assumed office on June 1, 2016, holds a 0.13 percent stake in the company, equivalent to 517,061 shares.
Companies owned by Black executive and steel tycoon Kirk Lewis
As the driving force behind Blue Springs Metals, Georgetown Metal Processing, and Madison Metal Processing, Lewis showcases his financial acumen, strategic prowess, and commitment to community development.
Meet John W. Rogers, Jr.: Founder of Wall Street’s first Black-owned mutual fund
From his early influences to shaping a $16 billion financial empire, Rogers, Jr. stands as an architect of inclusivity and philanthropy.
Black executive Denise Singleton earns $2.8-million salary from WestRock in 2023
Singleton’s compensation package included a $0.69-million base salary and a non-equity incentive plan compensation of $0.45 million
America’s richest Black billionaire Robert F. Smith unveils Vision for AI future at Davos
Smith emphasized the integration of AI into companies’ operations, drawing parallels with past transformative innovations like the internet and the cloud.
5 companies linked to African-American investment titan Gerald Smith
Beyond the boardrooms, discover Smith’s commitment to positive change.
Meet Gerald Smith: Black executive steering a $6-billion investment firm
From his early days in retail to co-founding Smith Graham Investment Advisors, Smith’s strategic brilliance has shaped the financial landscape.
5 companies linked to Mellody Hobson, one of America’s top Black businesswomen
From Ariel Investments to Starbucks and JPMorgan Chase, delve into her strategic vision, commitment to diversity, and impact on global leaders.
Black executive Jacinth Smiley’s leadership rewarded with $1.94-million salary in 2023
Joining Hormel Foods in April 2021, Smiley’s 2023 compensation package includes a base salary of $0.51 million and a non-equity incentive plan of $0.46 million.
America’s second-richest Black billionaire suffers $390-million loss in 10 days
The slump in Steward’s net worth is primarily attributed to the fluctuations in the performance of his substantial 59-percent stake in World Wide Technology (WWT).
Tiger Woods and Nike part ways after 27 years and staggering $660-million deal
While neither Nike nor Woods provided a specific rationale for the separation, rumors had been circulating for several months.
Top Black CEO Marvin Ellison loses $2.2 million from Lowe’s shares
Despite a $2.2-million reduction in Ellison’s Lowe’s stake, he retains his status as one of the world’s highest-ranking Black CEOs.