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

Diane Abbott Wins in Hackney North as Labour Landslide

On a night marked by Labour’s historic landslide victory in the General Election, Diane Abbott has successfully retained her seat as the MP for Hackney North and Stoke Newington. The...

UK Election: Results and What Lies Ahead

The Labour Party has won a huge victory in the UK election, ending 14 years of Conservative rule. Sir Keir Starmer is set to become the new prime minister later today. This victory brings an end to a...

Biden Admits Debate Mistake but Promises to Stay in the Election

President Joe Biden admitted he “screwed up” during last week’s debate against Donald Trump but promised to keep fighting in the election.  He asked voters to judge him based on his...

Supreme Court Helps Biden by Granting Trump Immunity

Recently, the U.S. Supreme Court made a big decision that changed how much protection a president gets while in office. This decision could keep a president from being held responsible for things they...

National Rally Leads in France’s Election First Round

The National Rally (RN) has won 33% of the votes in the first round of France’s snap general election. The left-wing New Popular Front (NFP) alliance got 28%, and President Emmanuel Macron’s centrist...

Former Restaurant Worker Wins $100K Settlement for Discrimination

Jerrell McGirt, who worked at Iron Hill Brewery and Restaurant in Georgia, has won a $115,000 settlement due to racial discrimination.  According to documents from the case, on June 3, 2021...

Why Black Athletes Should Consider Investing in Commercial Real Estate for Long-Term Wealth

In professional sports, Black athletes are achieving great things and also finding new ways to secure their financial futures. While big contracts and endorsement deals bring in a lot of money, sports...

Biden and Trump Trade Blows in Heated Presidential Debate

In a heated debate on Thursday, President Joe Biden and former President Donald Trump clashed, trading personal insults and showcasing their differences.  Biden, who is 81 and running for a second...

Co-Founder Ayana Parsons Steps Down as COO of Fearless Fund Amid Legal Battle

Atlanta-based venture capital firm Fearless Fund has seen a major shift as co-founder Ayana Parsons stepped down from her role as Chief Operating Officer in April.  This change occurs in a legal...