Black executive Paul Richardson earns $5.5-million salary from Walt Disney in 2022
Richardson’s compensation package comprises a base salary of $0.76 million and a performance-based short-term incentive of $1.67 million.
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Awotona’s transformation from a struggling immigrant to a tech billionaire exemplifies the power of resilience and innovation.
Eric Ellerine, one of South Africa’s richest men, dies at 90
As one of the country’s wealthiest individuals, his passing marks the end of an era.
Stephen Saad leads South Africa’s Aspen in game-changing $100-million Sandoz China acquisition
Discover how Saad’s audacious $100M deal is revolutionizing Aspen Pharmacare.
Clarence Wooten: The Black tech founder shaking up Silicon Valley
Explore the remarkable story of Wooten, from his Baltimore beginnings to becoming a trailblazing entrepreneur in Silicon Valley.
The $9.3-billion box office king: Decoding Will Smith’s Hollywood success
Dive into the world of Will Smith, exploring his rise from a Philly rapper to a Hollywood heavyweight.
Patrick Soon-Shiong: The doctor who turned cancer breakthroughs into billions
Tracing the extraordinary path of Soon-Shiong, whose innovative approach to cancer treatment laid the foundations of a $9.1-billion empire.
7 companies owned by multimillionaire Black tech executive Merline Saintil
From steering Fortune 500 giants to guiding space exploration at Rocket Lab, Merline Saintil’s influence extends to diverse ventures.
Top Black executive Desiree Ralls-Morrison earns $4.8-million salary from McDonald’s
With a $4.8-million compensation package, Ralls-Morrison’s leadership redefines the role of legal counsel in the corporate landscape.
5 companies owned by Malawian multimillionaire banker Hitesh Anadkat
As the visionary force behind FMB Capital Holdings, Hitesh Anadkat’s influence extends across Southern Africa, impacting the financial sector.
South African billionaire Michiel Le Roux rakes in $208 million from Capitec Bank
This surge in his fortune reaffirms his position among South Africa’s billionaires — firmly establishing his presence within the ranks of the continent’s financial elite.
Billionaire Mike Adenuga-linked Julius Berger delivers $425-million bridge to Nigerian gov’t
Julius Berger, the renowned construction giant partly owned by Nigerian billionaire Mike Adenuga, has officially handed over the N336 billion ($425.6 million)…
Nigerian tycoon Tony Elumelu’s UBA inks $6-billion deal to boost small businesses across Africa
Babatunde Ajayi, the head of SME Banking at UBA, spoke about the initiative during the Nigerian Canadian Business Association Business 2023 Roundtable held in Lagos.
Nigerian energy magnate Austin Avuru gains $39.1 million from Seplat stake
As one of the founders and former directors of the Lagos-based energy conglomerate, Avuru owns a significant 8.2-percent stake in Seplat Energy.
South African exec Derrick Msibi’s Stanlib plans $160-million investment in Africa’s renewable energy
Stanlib Asset Management, one of South Africa’s top investment firms, led by business executive Derrick Msibi, has unveiled plans to invest $160…