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.
Black Billionaires
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.
Tyler Perry distributes gift cards to TSA agents after plan to give them cash fails at Atlanta airport
Tyler Perry distributed gift cards to TSA workers at Atlanta's Hartsfield-Jackson Airport after federal rules prevented him from handing out cash directly to agents.
Tyler Perry sells his stake in BET+ as Paramount shuts down the streaming service and merges it with Paramount+
Tyler Perry has sold his 25% ownership stake in BET+ to Paramount Skydance, which is shutting down the streamer and merging it with Paramount+.
Vista Equity Partners completes $800 million acquisition of Omnitracs, targets Roadnet next
Vista Equity Partners closed its $800 million purchase of Omnitracs and moved the same day to acquire fleet software maker Roadnet Technologies.
Black billionaire Robert F. Smith sees next AI growth in private software companies
Robert F. Smith sees private software companies driving the next wave of AI growth, with Vista Equity at the forefront.
Lion Forge, founded by Black billionaire David Steward’s son, secures $30 million investment
Lion Forge, founded by billionaire David Steward’s son, secures $30 million from HarbourView to expand franchises across animation and family content.
Black billionaire Tyler Perry faces $260 million lawsuit
Billionaire filmmaker Tyler Perry faces a $260 million lawsuit from actor Derek Dixon alleging assault, coercion and retaliation.
Black billionaire Robert F. Smith-backed firm to hire up to 500 people
Jaggaer, backed by Robert F. Smith’s Vista, will expand in Hyderabad with plans to grow its workforce to 500 employees.
Rihanna loses 41 percent of net worth since May 2022
Rihanna’s net worth falls 41 percent since May 2022, dropping from $1.7 billion to $1 billion amid challenges in her business ventures.
Hip-hop billionaire Jay-Z gains $100 million, remains world’s richest musician
Hip-hop billionaire Jay-Z gains $100 million, boosting his net worth to $2.6 billion and keeping him the world’s richest musician.
Oprah Winfrey, world’s richest Black woman, is $100 million richer
Oprah Winfrey’s net worth rises by $100 million, reaching $3.1 billion, cementing her as the world’s richest Black woman.
Beyoncé, Jay-Z buy $11.5 million U.K. estate while carrying $110 million Bel-Air debt
Beyoncé and Jay-Z buy an $11.5 million Cotswolds estate, adding privacy and scenic views to their $300 million global property portfolio.
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.
Michael Jordan nears $4 billion net worth
Michael Jordan nears $4 billion fortune as his wealth hits $3.8 billion, ranking among the world’s richest Black billionaires.
Michael Jordan, Kobe Bryant card sells for nearly $13 million
A rare Michael Jordan and Kobe Bryant card sells for nearly $13 million, breaking records in sports collectibles.