Four black billionaires crack Forbes 400 as Oprah, Jay-Z, Tyler Perry miss cut
Forbes’ 2025 list sets a record $3.8B entry point. Only four black billionaires hit the mark—while Oprah, Jay-Z and Tyler Perry fall below the line.
Alex Karp
Palantir CEO Alex Karp unloads $110 million in stock within 100 days
Alex Karp has sold more than $110 million in Palantir shares within 100 days amid stock volatility and tax obligations.
Palantir CEO Alex Karp’s net worth drops $1.9 billion after peaking at $16.4 billion
Alex Karp’s net worth falls to $14.5 billion after a $1.9 billion drop, even as Palantir reports record revenue and contracts.
Alex Karp, richest Black person in U.S., is now worth $16 billion after $8.9 billion gain in 2025
Alex Karp’s fortune jumps to $16 billion, rising $8.9 billion on Palantir’s AI-powered software demand.
U.S. richest Black billionaire, Karp, leads Palantir to $1.8 billion in half-year revenue
Alex Karp leads Palantir to $1.88 billion in revenue and $546.3 million net income as AI software demand fuels record contracts.
Palantir, led by Black billionaire Alex Karp, lands $10 billion U.S. Army contract
Palantir lands $10 billion U.S. Army contract as CEO Alex Karp drives AI-powered defense modernization.
America’s richest Black person, Alex Karp gains $2.1 billion, net worth hits $14.2 billion
Palantir CEO Alex Karp adds $2.1 billion, boosting his net worth to $14.2 billion and securing his spot as America’s richest Black billionaire.
The world’s 23 Black billionaires in July 2025
Black billionaires near $100 billionaire net worth as AI, energy, and finance drive gains; Dangote and Karp lead the July 2025 ranking.
How Palantir's CEO Alex Karp quietly became America’s richest Black billionaire
In May, he sold $50 million worth of Palantir stock, a small portion of his holdings, but a sign of how liquid his wealth has become.
Black billionaire Alex Karp sells more than $50 million in Palantir stock
The sale was part of automatic transactions to cover tax obligations related to vested restricted stock units.
Palantir CEO, Alex Karp, becomes America’s richest Black person
Karp, who made the billionaire list in 2016 with a net worth of $1.6 billion, now holds an estimated fortune of $11.5 billion.
Alex Karp’s Palantir posts $884 million Q1 revenue
Palantir’s Q1 revenue surged 39% to $884 million, powered by AI-driven demand in U.S. commercial and government sectors, marking its most profitable quarter yet.
Palantir CEO back among Black billionaires worth over $10 billion
Alex Karp’s net worth rebounds to $10.7 billion as Palantir stock surges over 37% in April, regaining his spot among top Black billionaires.
Palantir CEO Alex Karp gains $1.5 billion in two weeks as net worth rises
Palantir’s stock rebound boosts Alex Karp’s fortune to $9.2 billion, reinforcing his position as the third-richest Black person in the U.S.
Karp’s fortune falls to $7.7 billion a month after joining Black billionaires worth over $10 billion
The decline is tied to the performance of his 2.63-percent stake in Palantir.
Tech billionaire Alex Karp loses $1.8 billion, still U.S. third-richest Black person
This is tied to a slide in the market value of his 2.63 percent stake in Palantir, which has fallen from $7 billion to $5.3 billion.