How Charles Phillips went from Air Force cadet to a $13 billion tech empire
Charles Phillips served in the Marines, climbed Wall Street, ran Oracle and built a $13 billion software company. Recognize came next.
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Nigerian billionaire Jim Ovia to pocket $41.5 million in Zenith Bank dividends
Zenith Bank plans to double its total dividend to N10 per share for 2025, which would hand founder and chairman Jim Ovia a payout of approximately N58 billion.
Inside the companies Damien Dwin built after Goldman Sachs, Credit Suisse and a $6 billion firm
Damien Dwin built two major investment firms before turning 50. Here are the companies and platforms he controls today.
Meet Jackie Aina, the Nigerian-American soldier who built a multimillion-dollar beauty empire by refusing to let the industry ignore dark skin
Jackie Aina left the US Army, launched a YouTube channel, and built FORVR Mood into a multimillion-dollar beauty empire by championing women with darker skin.
Ray Whiteman walked away from Carlyle and turned $870 million into a $3.9 billion empire
Ray Whiteman left one of the world's most powerful private equity firms to build something entirely his own.
LeBron James fired his agent at 20 and built a $1 billion business empire by choosing equity over endorsements
LeBron James fired his agent at 20 and built LRMR Ventures with 3 childhood friends from Akron, creating a $1 billion business empire built on equity over endorsements.
Morocco tycoon Chakib Alj warns Middle East war is hitting supply chains
Morocco’s top business lobby says rising costs, port congestion and shipping delays are squeezing companies as the Middle East war disrupts trade.
African Wealth Briefing — Tues., April 7, 2026
Five African stock exchanges meet in Lagos to plan a cross-border Dangote Refinery listing, Otedola and Dangote meet Tinubu on Easter Sunday, and our April Investor Memo breaks down what Nathan Kirsh's $17 billion fortune reveals about Africa's real wealth map.
The Shade Room founder Angelica Nwandu turned down $100 million offers to sell during election season to protect her 28 million Black followers
The Shade Room founder Angelica Nwandu has turned down $100 million-plus offers to sell her platform, refusing to hand over influence over 28 million Black followers to political buyers.
Billionaires Femi Otedola and Aliko Dangote met President Tinubu on Easter Sunday to discuss Nigeria's economy and ongoing reforms
Femi Otedola confirmed that he and Aliko Dangote spent Easter Sunday with President Bola Tinubu to discuss Nigeria's economy and its ongoing reforms.
Aaron Holiday started as a Goldman Sachs coder and built a venture firm now managing $550 million
Aaron Holiday spent four years writing algorithms at Goldman Sachs before betting everything on venture capital. That bet now manages $550 million.
Marques Torbert had no connections in finance and still walked away with a $350 million exit
Marques Torbert grew up with no connections to finance, built a $350 million company, then launched a private equity firm.
Investor Memo: The Kirsh Effect — What Africa’s Invisible Second-Richest Man Reveals About How Wealth Is Really Built on This Continent
Nathan Kirsh was invisible to every wealth ranking until Sysco priced his grocery empire at $29.1 billion — now he is Africa's second richest person, and we break down what his emergence reveals about where the continent's real wealth lives.
African Wealth Briefing — Mon., April 6, 2026
Nathan Kirsh lost everything in 1986, kept one Brooklyn grocery store, and spent 50 years building it into a $29.1 billion empire — now he is Africa's second richest person at $17.1 billion, and we tell the full story.
Carmichael Roberts oversees billions in climate investments for Bill Gates and built a $800 million materials science venture firm
Carmichael Roberts leads Breakthrough Energy's multibillion-dollar investment program and co-founded Material Impact, a venture firm with nearly $800 million under management.
Jason Robart built the largest Black-owned healthcare venture capital firm in the United States
Jason Robart co-founded Seae Ventures after running Blue Cross Blue Shield's venture fund. The firm is the largest Black-owned healthcare VC.