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

Karen S. Carter Named Dow CEO, Joining Short List of Black Women CEOs in Fortune 500 Companies

In a significant leadership move for corporate America, Dow has named Karen S. Carter as its next Chief Executive Officer. This makes her one of the very few Black women currently leading a Fortune...

Rihanna Makes History as First Woman of Color to Receive Edison Achievement Award

Global icon Rihanna has added another significant achievement to her already remarkable career. She has become the first woman of color to receive the Edison Achievement Award, one of the highest...

The Leadership Playbook Behind Tristan Walker’s Influence in Black America

In modern Black business leadership, influence is measured by who changes markets and improves systems. By that standard, Tristan Walker has created one of the most important leadership models of his...

Wes Moore Fails in Bid to Redraw Maryland Map in Democrats’ Favor

In a critical political struggle with national consequences, Wes Moore, Maryland’s first Black governor, has not succeeded in his effort to redraw the state’s congressional map. This initiative aimed...

IBM Agrees to $17M US Settlement in Case Over DEI Promotion Claims

IBM has agreed to pay $17 million to the U.S. Department of Justice (DOJ) to settle a prominent investigation into claims that the company’s diversity, equity, and inclusion (DEI) practices violated...

Kimora Lee Simmons Opens Up About Selling Her Billion-Dollar Baby Phat Brand

Kimora Lee Simmons is reflecting on one of the biggest business decisions of her career: selling Baby Phat, the fashion label that became both a cultural force and a commercial powerhouse. For many...

SheaMoisture Launches Its First-Ever In-Store Shea Scalp Studio

The textured haircare brand is taking scalp education directly to shoppers with a new experiential retail concept built around confidence, care, and community. In an era when beauty consumers demand...

Zendesk to Acquire Forethought, Black-Led AI Startup

Zendesk, a top provider of customer service software, has completed its acquisition of Forethought. Forethought is a Black-led artificial intelligence startup. It is popular for its groundbreaking...

More Than Funding: How Famous Amos Is Helping Black Entrepreneurs Grow and Succeed

Famous Amos is changing corporate support for Black entrepreneurship with its Ingredients for Success (IFS) Entrepreneurs Initiative. This program combines grant funding, mentorship, and business...