50 Cent’s Sean Combs docuseries proceeds to support alleged victims
Proceeds from 50 Cent’s Sean Combs docuseries to support alleged victims during his federal trials and civil lawsuits.
North America
Michael Jordan files lawsuit against U.S. motorsports giant over monopoly allegations
NBA legend Michael Jordan files lawsuit against NASCAR, challenging monopoly rules and protecting his $150 million 23XI Racing team.
Nicki Minaj’s $20 million home could be sold under court order
A judge may approve the sale of Nicki Minaj’s $20 million Hidden Hills home as she faces a court fight over a $503,318 debt.
Michael Jordan donates $10 million to North Carolina medical center
Michael Jordan donates $10 million to Novant Health, honoring his mother and supporting neurological care in Wilmington.
Kanye West’s Skims stake soars to $250 million after $5 billion valuation
Kanye West’s 5 percent stake in Skims climbs to $250 million after the brand hits a $5 billion valuation.
Skims, linked to Emma Grede, one of America’s richest Black women, hits $5 billion
Skims, co-founded by Emma Grede, hit a $5-billion valuation after raising $225 million to boost global expansion and new stores.
Bill Gates foundation pledges $1.4 billion for farming in Africa, Asia
Bill Gates Foundation pledges $1.4 billion to support farmers across Africa and Asia with climate-resilient innovations and food security programs.
Black executive Calvin Butler pockets $14.7 million salary from Exelon in 2024
Exelon CEO Calvin Butler earned $14.7 million in 2024, a 19.5% rise from the prior year, as he steered the U.S. utility giant’s continued growth.
LeBron James expands $37 million Beverly Hills estate with two mansions
LeBron James expands his $37 million Beverly Hills estate with two luxury mansions, each designed to his vision.
Rihanna’s $34.8 million fashion loss highlights the high cost of luxury bets
Rihanna lost $34.8 million from her Fenty fashion line with LVMH, which also lost $34.9 million before shutting down the label.
Rihanna’s Fenty Beauty may see LVMH exit in $2 billion deal
Rihanna’s Fenty Beauty could see LVMH sell its 50 percent stake in a deal valuing the brand at $2 billion, reflecting shifts in the celebrity beauty market.
Kanye West sells Wyoming ranch back to its original owners for $14 million
Kanye West has sold his 6,713-acre Wyoming ranch back to its original owners for $14 million, closing a five-year chapter of ambition and retreat.
World’s richest Black woman, Oprah Winfrey, sees wealth rise to $3.2 billion
Oprah Winfrey’s wealth rises to $3.2 billion after another $100 million gain this year from media, real estate, and business ventures.
Lowe’s, led by Marvin Ellison, completes $8.8 billion acquisition of Foundation Building Materials
Lowe’s, led by Marvin Ellison, completes $8.8 billion acquisition of Foundation Building Materials, expanding its professional services network.
LeBron James extends global partnership deal with Hennessy
LeBron James extends his global partnership with Hennessy, launching a new V.S.O.P. Limited Edition.
Serena Williams takes new role mentoring early-stage VC founders
Serena Williams takes a new role mentoring early-stage founders, supporting women and diverse entrepreneurs through social impact investing.