African-American tech billionaire Alex Karp’s net worth nears $2 billion amid Palantir stock surge
Karp is the co-founder of Palantir Technologies, a U.S. firm that specializes in big data analytics.
black billionaire
Sean ‘Diddy’ Combs pursues full enforcement of 2021 agreement in Diageo lawsuit
The agreement requires Diageo to treat Combs’ DeLeon tequila brand “at least as favorably” as its other tequila brands.
Ethiopia’s richest man Mohammed Al-Amoudi drops off Bloomberg’s richest list
Despite the decrease in his net worth, Al-Amoudi remains a prominent figure in the Middle East and Africa.
America’s second-richest Black man David Steward gains $490 million in 36 days
The recent surge in Steward’s fortune can be attributed to the impressive performance of his holdings in World Wide Technology.
America’s richest Black billionaire Robert F. Smith’s firm sells Apptio to IBM for $4.6 billion
Vista Equity Partners has rapidly emerged as a dominant force in the technology sector.
America’s richest Black billionaire Robert F. Smith adds $100 million to fortune
According to the Bloomberg Billionaires Index,Smith holds the 151st position among the world’s wealthiest individuals.
Diageo ends ties with Sean ‘Diddy’ Combs amid lawsuit alleging discrimination
Diageo expressed profound disappointment in Combs for bringing forth what they deemed a bad faith lawsuit.
Dangote’s throne as ‘richest Black person’ under threat as American billionaire keeps pace
The wealth gap between Aliko Dangote and Robert F. Smith has significantly decreased, raising the stakes in this high-profile competition.
Tanzanian billionaire Mohammed Dewji wins Industrialist of the Year Award
Dewji was named “Industrialist of the Year” at the All Africa Business Leaders Awards annual gala in South Africa on Friday.
IBM to invest up to $5 billion in firm linked to America’s richest Black billionaire
Vista Equity Partners has established itself as a dominant force in the technology sector.
Meet Janice Bryant Howroyd, the first Black woman to own a billion-dollar company
Howroyd has amassed a net worth of $600 million, making her the fourth-richest Black woman in America.
Tyler Perry seals blockbuster deal to acquire $3-billion BET business
With a net worth of $1 billion, Perry emerged as the frontrunner in a competitive bidding war for the coveted cable network.
Meet Sudanese-American entrepreneur, Iman Abuzeid: Fourth Black woman to build a billion-dollar company
Abuzeid’s interest in Incredible Health has propelled her net worth to $350 million, making her one of America’s richest Black women.
Hip-hop’s first billionaire Jay-Z scores legal win, pocketing $7.2 million
The legal saga began in 2016 when Parlux, renowned for its ties with pop culture icons and fashion houses, filed a lawsuit against Jay-Z.
World’s richest Black woman Oprah Winfrey settles trademark lawsuit over ‘Oprahdemics’ podcast
Despite losing more than $100 million in 2022, the “Queen of Talk” remains the World’s richest Black woman.
Nigerian ‘tycoon’ Dozy Mmobuosi allegedly running fraudulent company — Hindenburg Research
Mmobuosi is interested in acquiring the English Football League (EFL) club Sheffield United for more than $110 million.