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In a March 2026 interview with The Cut, Devin McGhee Kirkland, co-founder of beauty brand Deon Libra, called the founders’ unpaid salaries the company’s “biggest debt.” They had gone two years without...
In 2023, Black or African American owners ran 201,000 U.S. employer firms—3.4% of the national total—and 4.4 million non-employer businesses, according to the Census Bureau. Their employer firms...
Michael Jordan’s move into NBA team ownership came after he had finished playing. In 2010, he acquired a controlling interest in the Charlotte Bobcats, seven years after his final NBA season. He later...
Some of America’s largest Black fortunes are built around businesses that families own, control or have converted into investment capital. But family wealth is harder to measure than individual net...
In 2023, Black-owned employer firms in the United States generated $249 billion in receipts, the U.S. Census Bureau reported. It counted about 201,000 such firms. The Black-Owned Companies here occupy...
ActOne Group reported $1.4 billion in revenue for 2010. Its founder, Janice Bryant Howroyd, had started the staffing company in 1978 with $1,500, including a loan from her mother. Black Enterprise...
In 2021, Kerby Jean-Raymond brought Pyer Moss’s first couture show to Villa Lewaro, the Irvington, New York estate built for Madam C.J. Walker. Designed by Vertner Woodson Tandy, New York’s first...
At Dream Con in Houston this July, 45,000 people filled the George R. Brown Convention Center for anime, gaming, film, sports and pop culture. The Texas Tribune called it a record crowd. A year...
Issa Rae put The Mis-Adventures of Awkward Black Girl on YouTube in 2011. She had not planned a second episode. By 2015, the series and her other online projects had drawn more than 25 million views...