Black Elites

Business

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

7 Underserved Needs in Black Communities That Entrepreneurs Can Build Businesses Around

In 2024, the maternal mortality rate for Black women in the United States was 44.8 deaths per 100,000 live births. For White women, it was 14.2. Those figures point to a public health failure. They...

10 Black Executives Who Turned Corporate Experience Into Business Ownership and Investment Power

BlackRock’s 2024 purchase of Global Infrastructure Partners changed the ownership of a firm Adebayo Ogunlesi had helped build. GIP joined one of the world’s largest asset managers; Ogunlesi stayed on...

10 Black Entrepreneurs Building Wealth Through Businesses That Serve Other Businesses

In March 2025, World Wide Technology said its annual revenue had passed $20 billion. David Steward co-founded the company with Jim Kavanaugh in 1990, when it was a technology reseller. It has since...

Tschabalala Self’s £435,000 Auction Record Meets a New Public Milestone

There is a new face looking out over Trafalgar Square. She isn’t a monarch, a military commander or a politician. She’s a woman in a blue dress, caught in mid-stride. The figure is Lady in...

Black Creators Are Calling Out Cultural Whitewashing on Social Media—and Brands Are Finally Paying Attention

In 2019, a dance by Jalaiah Harmon travelled further than her name did. The 14-year-old had created the choreography that became known as the Renegade, first sharing it on Funimate and Instagram. By...

5 Black Celebrities Who Quietly Left Acting to Build Million-Dollar Empires

Rick Fox’s company unveiled a model home at Arawak Cay in The Bahamas in October 2023. By May 2026, it was still the site’s only structure, The Tribune reported. The promised pilot homes had not been...

How to Hire Employees: A Practical Guide for Growing Businesses

Hiring the right employee can help a business serve more customers, improve operations, and pursue new opportunities. But recruitment can also become expensive and time-consuming when vacancies are...

How Black Women Sports Agents Quietly Negotiated Over $1 Billion in Player Contracts

Jalen Hurts’ five-year, $255 million extension with the Philadelphia Eagles made headlines in April 2023. Nicole Lynn, his agent, had negotiated $179.3 million in guarantees and the first no-trade...

NFL and Ice Cube Spotlight $125 Million in Black Business Spending

At Detroit’s 2024 NFL Draft, local organizers reported that Black-owned businesses won 34 contracts to work directly with the NFL, including 15 Black-owned concession stands. Those awards show what...