African-American billionaire Sean “Diddy” Combs joins Tyler Perry, Byron Allen in race to acquire BET
Combs plans to build a multi-billion-dollar Black-owned media giant.
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Meet 14-year-old Nigerian-British model making waves as Forbes’ youngest Under 30 Europe honoree
Jordan Oguntayo is a young Nigerian-British model whose work ethic is unmatched.
Adidas takes $763-million hit in Q4 following Kanye West’s exit
Adidas executives remain confident despite the underwhelming results.
Meet Byron Allen: The African-American media mogul seeking to buy a controlling interest in BET
Allen is a force to reckon with in the media industry.
African-American billionaire Tyler Perry in Talks to acquire majority stake in BET
Perry owns a minority stake in BET Media Group, as well as BET+.
Adidas faces $10-million loss as Beyonce’s Ivy Park fails to meet expectations
Beyonce’s success extends beyond her music empire.
Cosmetics billionaire Rihanna returns to Puma for Fenty x Puma line
Rihanna’s partnership with Puma has spanned almost a decade, beginning when she joined the German company as creative director in 2014.
African-American professional tennis superstar Venus Williams joins private equity firm Topspin
Williams is excited to be entering a sector that historically has had little penetration from African Americans.
10 richest African billionaires in 2023
African billionaires are bouncing back in 2023, after a challenging 2022 marked by significant losses in their net worth.
10 facts about world’s first and richest Black woman billionaire Oprah Winfrey
Winfrey is the world’s first and wealthiest Black woman billionaire.
Inside Michael Jordan’s $1.7-billion fortune and trailblazing journey to becoming first athlete-billionaire
In June 2014, Jordan became the first athlete to amass a billion-dollar fortune.
Adidas reportedly inks new deal with Kanye West in bid to sell off $500-million Yeezy inventory
West’s net worth has declined by $1.6 billion since his split with Adidas.
Billionaire Robert Smith’s Vista Equity invests $16.6 million in Tyler Technologies
Vista Equity Partners is a global technology investment firm.
Adidas’ debt rating takes a hit as Kanye West’s departure impacts earnings
Since Adidas severed ties with Kanye West in October 2022, his net worth has declined by $1.6 billion.
Elon Musk’s SpaceX to roll out Starlink satellite Internet service in Ghana, Egypt by 2024
The move comes as Musk, the world’s second-richest person, takes charge of technological advancement.
Rihanna’s next billion-dollar move: The cosmetics mogul sets sights on new ventures to boost Fenty Brand
Rihanna is not resting on her laurels.