Elon Musk is on the brink of becoming the world's first trillionaire as SpaceX targets a $1.8 trillion IPO
SpaceX has filed to sell shares at $135 each targeting a $1.8 trillion valuation in what would be the largest stock market debut in history.
North America
Black billionaire Robert F. Smith's Vista Equity is being sued for selling a company to escape a $270 million insider trading case
A former stockholder is suing Robert F. Smith's Vista Equity in Delaware, claiming it sold Integral Ad Science to escape a $270 million insider trading liability.
Karl-Anthony Towns built a $100 million fortune and New York is only making him richer
Karl-Anthony Towns proposed to Jordyn Woods atop the Empire State Building on Christmas Day. The $100 million empire he built getting him there is the real story.
De'Aaron Fox signed a $229 million Spurs deal and is just getting started building his empire
De'Aaron Fox secured a $229 million San Antonio Spurs extension in August 2025 and is building a commercial empire as fast as he plays the game.
Jay-Z is getting a major Grammy honour and the Recording Academy is calling him an entrepreneur first
The Recording Academy has announced a major Grammy honour for Jay-Z, the 21-time winner and billionaire entrepreneur who built Roc Nation into a global empire.
LeBron James is about to hit free agency and his $1.4 billion empire is what's really at stake
LeBron James has entered free agency and wherever he lands next, the bigger story is what happens to the $1.3 billion empire built around him.
Billionaire Jay-Z may be buying Uncle Nearest whiskey after his $20 million secret loan surfaces in court
Uncle Nearest's court-appointed receiver has filed to sell the whiskey brand to an anonymous Black investor, and a hidden Jay-Z loan is driving intense speculation.
The Richest Black women in America 2026
Oprah Winfrey, Rihanna, Beyoncé and Sheila Johnson lead a powerful group of Black women who have built some of America's most impressive fortunes.
50 Cent built a $100 million empire from rap royalties, Vitaminwater and a TV production machine
Curtis "50 Cent" Jackson has built an estimated $100 million empire spanning television production, premium spirits, real estate and a landmark Louisiana studio deal.
Elon Musk's SpaceX warns IPO investors of potential share dilution
SpaceX has warned prospective IPO investors that future acquisitions could dilute their ownership stakes as the company targets a $1.75 trillion listing on Nasdaq.
How Giannis Antetokounmpo built a global business empire worth hundreds of millions
Giannis Antetokounmpo has built a sprawling business empire spanning real estate, media, sports ownership and venture capital alongside his $175 million NBA contract.
Steph Curry signs landmark 10-year Li-Ning deal as his business empire hits $174 million in revenue
Steph Curry has signed a landmark 10-year deal with China's Li-Ning for his Curry Brand, capping a remarkable year for his off-court business empire.
Byron Allen spends $91.3 million on a new Aspen home two years after selling his last one for $60 million
Byron Allen has paid $91.3 million for a mountain home in Aspen, Colorado, returning to the ski resort town two years after selling his previous property.
Jay-Z and Jack Dorsey bet $23 million on Africa's Bitcoin future. Here is what happened next
Jack Dorsey and Jay-Z donated 500 Bitcoin to back Africa's Bitcoin future in 2021. Five years on, the bet is paying off.
Rihanna made more from one powder compact at the Super Bowl than from performing the songs that made her famous
Rihanna's 50/50 joint venture with LVMH turned Fenty Beauty into a billion-dollar asset. Her entire 20-year music career, by comparison, generated an estimated $100-200 million in total earnings.
Black billionaire David Steward's son paid $17 million for a horse farm in Florida with 38 stalls
David Steward II paid $17 million for a horse farm in Wellington's Grand Prix Farms, one of Florida's most exclusive equestrian communities.