Black Elites

Markets, capital and the companies redefining the global economy.

Deep reporting on the deals, firms and industries where the next chapter of wealth is being written.

In business

Top 5 Black Billionaires Featured in 2024 Forbes List

In 2009, Forbes released a list of the richest Black Americans. Oprah Winfrey was at the top as the only billionaire, estimated to be worth $2.7 billion. The list included 20 successful people from...

Donald Trump Threatens to Reclaim Panama Canal, Claims US Is Being ‘Ripped Off’

President-elect Donald Trump has announced his plan to take back control of the Panama Canal. He claims that Panama is charging too much to use this important waterway and suggests that China might...

Georgia Court Disqualifies Fani Willis from Trump’s Election Case Due to Conflict of Interest

The Georgia Court of Appeals has removed Fani Willis, the Fulton County District Attorney, from handling the case against former President Donald Trump. This decision came after it was discovered that...

Biden Pardons Nearly 40 in Historic Clemency, Sparks Debate Among Black Women

President Joe Biden recently made a big decision to reduce the sentences of about 1,500 people and also pardoned 39 others who had committed nonviolent crimes. He announced this on Twitter on December...

Meta Contributes $1 Million to Trump’s Inauguration Fund

Meta, the Silicon Valley tech giant, confirmed on Wednesday that it has contributed $1 million to President-elect Donald J. Trump’s inaugural fund. This donation comes as part of an ongoing effort by...

Trump Launches New Fragrance Line, Features Viral Photo with Jill Biden

President-elect Donald Trump has introduced a new fragrance line for both men and women, celebrating his victory in the recent election. The launch includes a controversial advertisement featuring a...

Snoop Dogg Launches SWED.com: A New Online Cannabis Store

Hip-hop legend and business mogul Snoop Dogg has expanded his cannabis brand with the launch of SWED.com, a new online store offering cannabis flower, hemp products, and lifestyle accessories. The...

Prosecutor Fani Willis Faces Court Setback in Trump Case

A Georgia judge has ordered Fulton County District Attorney Fani Willis to release records of her communications with special counsel Jack Smith and the U.S. House January 6 Committee. The order comes...

South Korea Ends Martial Law After Lawmakers Reject It

South Korea President Yoon Suk Yeol lifted martial law early Wednesday, only hours after declaring it. The move followed intense criticism from lawmakers and citizens, who accused him of overstepping...