Tiger Woods-backed Full Swing sold to Golf Channel owner Versant for $530 million
Full Swing, the golf simulator company Tiger Woods has backed since 2015, is being sold to Golf Channel owner Versant for about $530 million.
Black Billionaires
Billionaire Sheila Johnson says a bad contractor cost her $12 million building Salamander
Billionaire Sheila Johnson told the Food & Wine Classic that a bad contractor hire cost her $12 million as she built the Salamander Resort.
Haitian-born billionaire Herriot Tabuteau is worth $2.2 billion after Axsome stock doubles
Shares of Axsome Therapeutics have doubled in nine months, pushing the net worth of Haiti-born founder Herriot Tabuteau to $2.2 billion.
Palantir billionaire Alex Karp blasts AI industry as effing insane in fiery CNBC interview
The Palantir chief, worth $12.3 billion, tore into rival AI firms on CNBC, accusing them of overcharging clients and endangering U.S. security.
Billionaire Tiger Woods is building a second championship golf course in Virginia
Tiger Woods' TGR Design has been tapped to build a second championship golf course at Tributer Resort in Virginia as his off-course business empire continues to expand.
Texas judge dismisses all Roc Nation lawsuits in Jay-Z Buzbee war
A Texas judge has dismissed all claims against Jay-Z's Roc Nation in lawsuits filed by attorney Tony Buzbee's former clients, handing the billionaire rapper a major legal win.
Jamaica's richest man bets on cancer treatment's new innovation era
Jamaican-Canadian billionaire Michael Lee-Chin says cancer treatment is entering a transformative new phase of innovation, reflecting a broader investment thesis that connects health, technology and long-term wealth creation.
Billionaire Jay-Z opens up in eight-part HBO documentary with Rick Rubin
Jay-Z has announced an eight-part HBO documentary series directed by Rick Rubin that will trace the billionaire rapper's music, lyrics and life experiences this fall.
Billionaire Sheila Johnson's Salamander hotel in Washington DC is in talks to rebrand as a Marriott property
Sheila Johnson's Salamander Washington DC, the 373-room luxury hotel she acquired for $139 million in 2022, is in talks to rebrand under the Marriott flag.
The son of America's richest Black billionaire just secured $30 million for his Nigerian mythology franchise
David Steward II's Lion Forge Entertainment has closed new international distribution deals for its Nigerian mythology series Iyanu after a $30 million investment round.
Billionaire Magic Johnson says the NBA's future is bright and the Knicks are leading the way
Magic Johnson says he was once scared about the NBA's future after LeBron, Durant and Curry retire but the Knicks have convinced him otherwise.
Billionaire Michael Jordan's private dining club 1000 North is expanding from Jupiter to Sarasota later this year
Michael Jordan is a founding partner of 1000 North, a Jupiter private club now expanding to Sarasota where his members-only dining empire opens this fall.
John W. Rogers Jr. bought $263,700 worth of Ryan Specialty shares as the stock fell 54% in a year
Ariel Investments co-CEO John W. Rogers Jr. made a $263,700 insider purchase in Ryan Specialty on June 10 as the stock trades near a one-year low.
Byron Allen built a $1 billion media empire the old-fashioned way, without permission
Byron Allen turned a teenager's punchlines on Johnny Carson into a $1 billion empire spanning broadcast TV, digital media and some of corporate America's most contentious courtrooms.
Byron Allen owns a $100 million Malibu cliff and a Beverly Hills mega-compound he built from scratch
Byron Allen's real estate portfolio stretches from a $100 million Malibu clifftop estate to beachfront Maui and a Beverly Hills mega-compound built from neighboring lots.
Black billionaire Herriot Tabuteau sells $11.97 million in Axsome shares as stock trades near all-time highs
Axsome Therapeutics CEO Herriot Tabuteau sold 49,670 shares worth $11.97 million on June 9 under a pre-approved trading plan as AXSM trades near record highs.