10 Black-Owned Businesses Worth Billions in the USA

Black entrepreneurship in the US has grown to levels that were previously unattainable in recent years. Many Black-owned and Black-led companies have reached billion-dollar valuations.

These businesses represent both creativity and tenacity and operate in a variety of sectors. They include media, consumer products, technology, and finance.

1. World Wide Technology–David Steward (Founder)

World Wide Technology (WWT) is one of the biggest Black-owned businesses in the United States.

It offers cybersecurity, cloud, supply-chain logistics, and IT solutions to Fortune 500 companies and governmental organizations.

According to Forbes, the founder, Steward David, is estimated to have a personal net worth of over $11 billion, while his ownership and leadership has reported to generate yearly revenues of over $20 billion.

2. Vista Equity Partners–Robert F. Smith (Founder & Chairman)

Vista Equity Partners is a private equity powerhouse that specializes in software and technology companies.

While the net worth of Vista Equity Partners is unknown, it has made significant deals across the IT sector and manages over $100 billion in assets.

Robert F. Smith, the company’s founder, is personally valued at over $10.8 billion, highlighting its enormous scope.

3. Calendly–Tope Awotona (Founder & CEO)

Calendly is a software platform that both people and businesses use for automated scheduling.

So far, the app has seen rapid growth since Tope Awotona founded it. It has drawn a lot of interest from investors and has reached a private evaluation around $3 billion, making it one of the most valuable Black-founded software companies in the US.

Awotona’s personal net worth is estimated to be around $1.4 billion.

4. Esusu–Wemimo Abbey (Co‑Founder & Co‑CEO)

Esusu is a FinTech company that assists tenants in establishing credit when they submit their rental payments to major credit bureaus.

Following a significant funding round, it became a unicorn with a valuation above $1 billion, making it one of the few Black-led financial technology companies to do so.

5. Global Infrastructure Partners (GIP)–Adebayo Ogunlesi (Chairman & Co‑Founder)

GIP is a leading infrastructure investment corporation in the transportation, energy, and related industries, though mostly controlled by BlackRock following a $12.5 billion acquisition.

The founder, Adebayo Ogunlesi’s leadership, is a prominent factor in the company’s growth into a worldwide prominent enterprise.

Ogunlesi’s personal net worth is approximately $2.5 billion.

6. Palantir Technologies–Alexander Karp (Co‑Founder & CEO)

Palantir Technologies is a data analytics and artificial intelligence software company. It has a market capitalization that exceeds $200 billion, though it is not all Black-owned.

Alexander Karp is the CEO Palantir with a net-worth around $15 billion. His senior leadership directly links the company’s worth to his riches and power.

7. Urban One, Inc.–Cathy Hughes (Founder)

Urban One, Inc. (previously Radio One) is the biggest African-American-owned broadcasting corporation in the US.

It is a broadcasting company operating on radio, television, and digital media platforms.

Cathy Hughes became the first African-American woman to chair a publicly traded firm when it was founded in 1980 and went public in 1999.

Urban One total assets were recorded to be around $36 to $39 million.

8. Incredible Health–Iman Abuzeid (Co‑Founder & CEO)

Incredible Health is the top AI-powered career marketplace for long-term healthcare professionals as of January 2026.

The company achieved unicorn status in 2022 with a value of $1.65 billion.

The co-founder and CEO, Iman Abuzeid, is one of the few Black female founders to run a business of this magnitude.

9. Roc Nation-Jay–Z (Founder)

Roc Nation was founded by Shawn “Jay-Z” Carter in 2008. It is a multifaceted American entertainment company that includes a record label, talent agency media production, and fashion.

Jay-Z became a major music and business mogul by managing artists, athletes, and developing various entertainment ventures, building on his roots at Roc-A-Fella Records.

Although most estimates don’t evaluate Roc Nation individually, its founder, Jay-Z, is projected to be worth $2.5 billion as of late 2025/early 2026.

10 Harpo Productions–Oprah Winfrey (Founder & Chairwoman)

One of the most significant Black-owned media firms in American history is Harpo Productions. The company, which Oprah Winfrey founded in 1986.

Harpo contributed significantly to the development of Oprah’s larger media empire by branching out into film, television production, publishing, and multimedia content, including television.

The company itself isn’t assessed separately in recent reports. However, Oprah Winfrey’s enormous fortune, is estimated to be around $2.7 and $3.2 billion.