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

Biden Condemns Russia’s ‘Outrageous’ Christmas Attack on Ukraine

United States President Joe Biden has denounced Russia’s massive Christmas Day assault on Ukraine’s power grid, calling it an “outrageous” act of aggression and vowing to send more weapons to help...

Trump Tells 37 Inmates with Biden-Reduced Sentences to ‘Go to Hell’ in Christmas Rant

Former President Donald Trump used Christmas Day to criticize President Joe Biden’s decision to change the sentences of 37 people on federal death row. In a post on his Truth Social platform, Trump...

Former President Bill Clinton Hospitalized with Fever in Washington, D.C.

Former U.S. President Bill Clinton has been hospitalized due to a fever, his spokesman Angel Ureña announced. Clinton, who is currently receiving medical attention at Georgetown University Medical...

Joe Biden Commutes Sentences for 37 Federal Death Row Inmates

President Joe Biden has changed the sentences for 37 out of 40 people on federal death row, replacing their death penalties with life in prison without the chance for parole. This decision came after...

Top 5 Black Billionaires Featured in 2024 Forbes List

In 2009, Forbes released a list of the richest Black Americans. Oprah Winfrey was at the top as the only billionaire, estimated to be worth $2.7 billion. The list included 20 successful people from...

Donald Trump Threatens to Reclaim Panama Canal, Claims US Is Being ‘Ripped Off’

President-elect Donald Trump has announced his plan to take back control of the Panama Canal. He claims that Panama is charging too much to use this important waterway and suggests that China might...

Georgia Court Disqualifies Fani Willis from Trump’s Election Case Due to Conflict of Interest

The Georgia Court of Appeals has removed Fani Willis, the Fulton County District Attorney, from handling the case against former President Donald Trump. This decision came after it was discovered that...

Biden Pardons Nearly 40 in Historic Clemency, Sparks Debate Among Black Women

President Joe Biden recently made a big decision to reduce the sentences of about 1,500 people and also pardoned 39 others who had committed nonviolent crimes. He announced this on Twitter on December...

Meta Contributes $1 Million to Trump’s Inauguration Fund

Meta, the Silicon Valley tech giant, confirmed on Wednesday that it has contributed $1 million to President-elect Donald J. Trump’s inaugural fund. This donation comes as part of an ongoing effort by...