Richelieu Dennis's ESSENCE Ventures buys into REVOLT's parent company
ESSENCE Ventures has bought a minority stake in REVOLT's parent company, giving founder Richelieu Dennis a board seat two years after Diddy exited.
Richelieu Dennis
Liberian-American multimillionaire Richelieu Dennis is sued for defamation by the former CEO of his Essence Ventures
Caroline Wanga has filed a defamation lawsuit against Liberian entrepreneur Richelieu Dennis, alleging he let a false narrative destroy her reputation after the 2025 Essence Festival.
NBCUniversal sues Richelieu Dennis-linked Group Black for $35.8 million over unpaid Peacock ad revenue
NBCUniversal sued Group Black, co founded by Richelieu Dennis, alleging $35.8 million in unpaid Peacock advertising revenue and guaranteed payments from a partnership.
Essence owner Richelieu Dennis blames sponsorship slump as unpaid bills cloud 2026 festival funding
Essence Festival’s unpaid 2025 bills have lawmakers asking questions as owner Richelieu Dennis says a sponsorship slump squeezed last year’s budget.
Richelieu Dennis: Liberian-born visionary who sold Sundial Brands for $1.6 billion
Under Dennis’ leadership, Sundial Brands thrived, and in 2017, Unilever acquired the brand in a $1.6-billion deal.
5 companies owned by African-American multimillionaire Richelieu Dennis
Dennis pocketed $850 million in 2017 when Unilever acquired Sundial Brands, the beauty company he founded.