Four black billionaires crack Forbes 400 as Oprah, Jay-Z, Tyler Perry miss cut
Forbes’ 2025 list sets a record $3.8B entry point. Only four black billionaires hit the mark—while Oprah, Jay-Z and Tyler Perry fall below the line.
Robert F. Smith
Black billionaire Robert F. Smith-backed firm to hire up to 500 people
Jaggaer, backed by Robert F. Smith’s Vista, will expand in Hyderabad with plans to grow its workforce to 500 employees.
Black billionaire Robert F. Smith’s Vista targets $200 million savings through loan market pivot
Robert F. Smith’s Vista Equity pursues $200 million savings by swapping costly private debt for syndicated loans.
The world’s 23 Black billionaires in July 2025
Black billionaires near $100 billionaire net worth as AI, energy, and finance drive gains; Dangote and Karp lead the July 2025 ranking.
Vista, led by Black billionaire Robert F. Smith, exits Cvent with $1.3 billion sale
The sale comes a year after Blackstone took Cvent private in a $4.6 billion acquisition, finalizing its full ownership of the event software company.
Black billionaire Robert F. Smith’s Vista secures $5.6 billion to invest in cloud software
The technology-focused firm raised $2.7 billion in fresh capital, alongside $2.2 billion from existing flagship funds.
Vista, led by billionaire Robert F. Smith, to acquire Acumatica in nearly $2 billion deal
Vista Equity to acquire Acumatica in $2B deal, boosting AI-driven ERP growth for mid-sized businesses with strategic support from Robert F. Smith.
Vista, led by Black billionaire Robert F. Smith, explores $4 billion Granicus sale
While discussions are still in the early stages, Vista Equity Partners and Harvest Partners are aiming for a valuation of more than 20 times Granicus’ $175 million in EBITDA.
Forbes ranks two U.S. Black billionaires above Nigeria’s richest man, Aliko Dangote
While Forbes values Dangote’s wealth at $10.6 billion, Bloomberg’s estimate at $27.2 billion includes his stake in the Dangote Oil Refinery.
Vista Equity leads $800 million LogicMonitor investment
This investment reinforces Vista’s commitment to LogicMonitor’s continued growth and innovation.
Vista Investment Partners deepens tech portfolio with $3.85-million NVIDIA stake
Investment reflects strategic focus on high-growth, high-impact sectors.
Vista Equity Partners sells minority stake in LogicMonitor in $2.4-billion deal
Vista Equity Partners secures $2.4-billion valuation for LogicMonitor with new minority investment while retaining strategic control.
Blackstone and Vista Equity acquire Smartsheet in $8.4-billion enterprise software deal
Blackstone and Vista Equity’s $8.4-billion acquisition of Smartsheet highlights booming demand for enterprise collaboration tools.
Vista Equity, led by America’s second-richest Black person, aims to finalize $5.6-billion acquisition of PowerSchool
The deal reflects the growing demand for cloud-based education software and reinforces Vista’s commitment to enhancing student-driven technological innovations with a strategic focus in the education sector.
