How Robert L. Johnson lost his billionaire status after building BET and Quietly won it back
BET founder Robert L. Johnson has reclaimed his place among the world's billionaires after decades of quiet, disciplined reinvention.
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African Wealth Briefing — Wed., April 1, 2026
Afreximbank commits $2.5 billion to Dangote's refinery, Rupert's Remgro takes full control of Mediclinic for $950 million, Sysco buys Nathan Kirsh's Jetro for $29.1 billion, and Motsepe's ARM moves into Canadian copper.
Meet Kesha Cash, the solo Black female VC behind a $65 million empire and a unicorn
Kesha Cash is the only solo Black female VC running a $65 million empire, a unicorn and multiple exits.
6 companies behind the multimillion-dollar fortune of Ursula Burns, the first Black woman to lead a Fortune 500 firm
These six companies power the multimillion-dollar empire of Ursula Burns, the first Black woman to lead a Fortune 500 firm.
GTCO CEO Segun Agbaje will pocket N410 million from a record dividend but owns just 0.088% of the bank he spent 15 years building
GTCO posted record profit before tax of N1.23 trillion and declared N12.76 per share dividend under Segun Agbaje, but his 32 million shares raise questions about his stake in the bank.
Nigeria's Masai Ujiri joins Serena Williams as a principal owner of WNBA's Toronto Tempo ahead of the franchise's inaugural season
Nigerian basketball executive Masai Ujiri has joined Serena Williams as a principal owner of the WNBA's Toronto Tempo ahead of its inaugural 2026 season.
Strive Masiyiwa's Econet InfraCo lists on Zimbabwe's VFEX at $1 billion in the largest initial listing in the country's capital markets history
Strive Masiyiwa's Econet InfraCo has listed on Zimbabwe's Victoria Falls Stock Exchange at $1 billion, the largest initial listing in the country's capital markets history.
Billionaire Tiger Woods steps away from golf to seek treatment after DUI arrest
Tiger Woods has said he will step away from golf to seek treatment days after his DUI arrest in Florida where two hydrocodone pills were found in his pocket.
John Legend signs with billionaire Jay-Z's Roc Nation
John Legend has parted ways with his manager of 20 years, Ty Stiklorius, and signed a new management deal with Jay-Z's Roc Nation under Jay Brown.
Serena Williams, Russell Wilson and Tiger Woods invest in the NFL's new professional flag football league ahead of its 2028 Olympic debut
Serena Williams, Russell Wilson and Tiger Woods are backing the NFL's new professional flag football league timed for the 2028 Los Angeles Olympics.
A private jet from Dubai to Istanbul now costs $160,000 as Middle East conflict sends charter prices to record highs
Private jet prices from Dubai to Istanbul have surged to $160,000 as the Middle East conflict doubles charter costs through fuel, insurance and airspace closures.
Rihanna's Fenty Beauty launches in Guyana as the billionaire expands her beauty empire deeper into the Caribbean
Rihanna's Fenty Beauty has officially launched in Guyana through local retailer Glamour Beauty, adding another Caribbean territory to the brand's growing regional presence.
Johann Rupert's Remgro to take full control of Mediclinic Southern Africa in $950 million deal
Johann Rupert's Remgro is taking full control of Mediclinic Southern Africa in a $950 million deal as its partnership with MSC splits along home market lines.
Datatec expects full year gross profit to rise 10% to $998 million as Westcon and Logicalis divisions deliver strong growth
Datatec expects full year gross profit to rise about 10% to $998 million after strong demand across its Westcon and Logicalis divisions in the second half.
Kevin Hart's Gran Coramino tequila surpasses $200 million in retail sales and 3.6 million bottles sold in just three years
Kevin Hart's Gran Coramino tequila has crossed $200 million in retail sales and sold 3.6 million bottles in just three years on the market.
Wale Tinubu's Oando PLC signs production sharing contract for Angola's Block KON-13
Oando PLC has signed a production sharing contract for Angola's Block KON-13, marking the Nigerian energy group's first move into the Angolan upstream oil market.