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The United States has millions of Black-owned businesses. Most employ nobody other than the owner. In 2023, about 4.4 million Black-owned businesses without employees brought in $130.9 billion. Spread...
In 1996, Warner Bros. paid Arnold Schwarzenegger $25 million upfront for Batman & Robin—a film that became an industry punchline, yet paid him roughly $1,000 per second of screen time. Around that...
America has spent years teaching Black entrepreneurs how to start companies. The next ownership opportunity may look different: buying one that already works. In 2023, the U.S. Census Bureau counted...
Black Americans own more businesses than at any previous point in the country’s history. The rise deserves attention, but the headline number does not show how many of those businesses create jobs...
Black shoppers make up 11.1% of spending in the American beauty market. Black-owned brands get 2.5% of the industry’s revenue back. And McKinsey found Black consumers are three times more likely...
Twenty-seven. That’s the whole list, worldwide, as of the 2026 Forbes count. Twenty-seven Black billionaires out of 3,428 billionaires total on the planet — fewer than one percent of a group...
America had roughly 201,000 Black-owned employer businesses in 2023, generating $249 billion in annual receipts. That was a significant expansion from 2017: the number of Black-owned employer firms...
Most leaders treat investment as a numbers game: more capital in, mission accomplished. Otis Rolley asked a different question: Who actually benefits? As president of the Rockefeller...
When Reggie Fils-Aimé joined Nintendo of America in 2004, the company was getting left behind. Sony’s PlayStation 2 and Microsoft’s Xbox dominated the console wars, and Nintendo’s...