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

The Clarity Act Could Reshape Crypto—But Will Black Entrepreneurs Finally Benefit?

The Clarity Act could become one of the most consequential cryptocurrency bills the United States has considered in years. A revised version of the legislation would temporarily bar public officials...

Black-Owned Businesses Generated $249 Billion. Why Is Capital Still Missing? 

Black-owned employer firms posted $249 billion in receipts in 2023 and employed an estimated 1.9 million people, according to the Census Bureau’s own count — proof of a...

The $272 Billion Black Consumer Economy Brands Still Misunderstand 

Black households now account for an estimated $272 billion in discretionary spending. That proves market significance. It does not reveal who owns the companies converting that demand into...

Inside Luke Bailey’s 100-Plus VC Pitches, and the 60-Second Reel That Unlocked $4.4 Million

Most founders spend months refining pitch decks, polishing financial models, and preparing for lengthy meetings with investors. By the time they start fundraising, many expect that funding will depend...

How Morgan DeBaun Identified an Overlooked Market and Raised More Than $12 Million to Build Blavity 

In 2015, Black Americans had nearly $1.2 trillion in buying power. By 2016, Nielsen estimated that about 11.5 million Black millennials lived in the United States. Despite their economic influence and...

How to Build a Professional Network With No Connections

You’ve heard the advice a hundred times: “It’s not what you know, it’s who you know.” But what if you don’t know anyone? What if your family doesn’t have...

Why Trevor Rozier-Byrd Left a Secure Wall Street Career to Build a $3.5 Million Fintech Startup

Trevor Rozier-Byrd left a secure Wall Street career to solve a problem he believed traditional finance had failed to address: helping underserved communities build wealth through investing. Most...

How Felecia Hatcher Built an Ecosystem That Unlocked $280 Million for Underrepresented Founders

The founders supported through Felecia Hatcher’s ecosystem have gone on to raise more than $280 million in capital. Yet Hatcher has never argued that funding is the real problem. She believes...

How Shegun Otulana Is Using a $1.25 Billion Exit to Build the Next Wave of Tech Companies

Most entrepreneurs spend years chasing a billion-dollar exit. Once they reach this goal, many move away from the demands of building companies. The typical approach is straightforward: invest quietly...