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

Political Campaigns Want Black Voters. Philadelphia’s Barbershops Have Their Ear

The conversation at Philly Cuts ran past two hours. It moved from government and education to artificial intelligence, criminal justice and the cost of getting ahead, and it never really settled...

Corporate America Is Betting $10 Million on the Next Generation of Black Product Designers

Four years after the Gilbert Family Foundation committed $10 million to Pensole Lewis College of Business and Design, the figure resurfaced in coverage this year looking like a fresh announcement. It...

America Gives Artists Nothing When Their Work Is Resold, So Swizz Beatz and Alicia Keys Want to Fix It

At two Bonhams auctions in New York this November, some owners will see a new option on the paperwork. They may send at least 1% of the hammer price—or $500, when that is higher—to the living artist...

The Businesses Americans Can’t Afford to Stop Using

These essential American businesses turn unavoidable needs, recurring demand, and operational barriers into durable revenue. A homeowner facing a $250 plumbing bill will often complain about the...

The Rise of the $1 Million Side Hustle

In 2001, clients of an Atlanta web-design agency kept bringing Ben Chestnut and Dan Kurzius the same small problem. They needed an easier way to send marketing emails. The two men built a tool for...

The Businesses Getting Rich From the AI Boom That Nobody Talks About

Comfort Systems USA entered July 2026 with $14.06 billion of work under contract and still unfinished. A year earlier, the backlog was $8.12 billion. The company does not build AI models. It installs...

How Jordan Peele Made Original Horror the Safest Bet in Hollywood

When Jordan Peele started Monkeypaw Productions in 2012, the mid-budget original movie was in bad shape. Studios had spent a decade running from anything that wasn’t already intellectual...

The “Boring Business” Math — What Does a $300K-Profit Plumbing Company Actually Cost?

A $900,000 acquisition may require about $98,000 in buyer equity. The numbers become less comfortable once the seller’s work, ageing vehicles, and monthly loan payments enter the calculation. A...

The SBA Loan Built for Buying a Business — Who Actually Qualifies?

A franchise has come into the market for $900,000. Same address for six years. Staff staying on. A seller with tax returns that match what actually showed up in the bank account. A lender looking at...