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

National Rally Leads in France’s Election First Round

The National Rally (RN) has won 33% of the votes in the first round of France’s snap general election. The left-wing New Popular Front (NFP) alliance got 28%, and President Emmanuel Macron’s centrist...

Former Restaurant Worker Wins $100K Settlement for Discrimination

Jerrell McGirt, who worked at Iron Hill Brewery and Restaurant in Georgia, has won a $115,000 settlement due to racial discrimination.  According to documents from the case, on June 3, 2021...

Why Black Athletes Should Consider Investing in Commercial Real Estate for Long-Term Wealth

In professional sports, Black athletes are achieving great things and also finding new ways to secure their financial futures. While big contracts and endorsement deals bring in a lot of money, sports...

Biden and Trump Trade Blows in Heated Presidential Debate

In a heated debate on Thursday, President Joe Biden and former President Donald Trump clashed, trading personal insults and showcasing their differences.  Biden, who is 81 and running for a second...

Co-Founder Ayana Parsons Steps Down as COO of Fearless Fund Amid Legal Battle

Atlanta-based venture capital firm Fearless Fund has seen a major shift as co-founder Ayana Parsons stepped down from her role as Chief Operating Officer in April.  This change occurs in a legal...

Barack Obama’s Half-Sister Tear-Gassed During Protests in Kenya

Barack Obama’s half-sister, Auma Obama, was tear-gassed while participating in protests against a tax hike in Kenya. The activist shared her experience in a recent interview. Tearful and shaken, Obama...

Brad Pitt’s Formula One Film with Damson Idris to Release in June 2025

Apple’s upcoming Formula One movie starring Brad Pitt and Damson Idris now has a release date, with Warner Bros. handling the global release. Directed by Joseph Kosinski and produced by Jerry...

Rihanna Partners with Dior Fragrance Following Entry into $107 Billion Market

Rihanna is now the new face of J’Adore perfume by Christian Dior, and the campaign will start on September 1. Besides her music career, Rihanna has been successful in business, including launching a...

Is 50 Cent Trying to Compete with Tyler Perry in the Business World?

50 Cent is well-known for stirring controversy in hip-hop, he is also a sharp businessman. His recent business efforts have mostly involved creating popular TV shows with the Starz network, including...