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

Nvidia Surpasses $3 Trillion Valuation, 12x Larger Than an African Economy

During trading hours on June 5, 2024, Nvidia surpassed the $3 trillion valuation mark, becoming the second most valuable public company in the world, ahead of Apple Inc. Nvidia’s stock rose 5.16%...

TaShun Bowden-Lewis, Connecticut’s First Black Chief Public Defender, Fired Over Misconduct Allegations

TaShun Bowden-Lewis, Connecticut’s first Black chief public defender, was dismissed following months of misconduct allegations and disputes with the agency’s oversight body. The oversight commission...

Tim Scott Launches $14 Million Outreach to Black and Hispanic Voters for Trump

South Carolina Senator Tim Scott has announced a $14 million initiative to attract black and Hispanic voters in key battleground states to support former President Donald Trump.  The outreach...

Hunter Biden’s Ex-Girlfriend Testifies About Drug Use at Criminal Trial

Hunter Biden’s former girlfriend testified about his near-constant crack cocaine use at lavish hotels, aiming to prove that President Joe Biden’s son lied about his addiction to illegally...

Rihanna Launches Fenty Hair: Here’s Where to Buy

Rihanna, the famous singer and entrepreneur, is launching a new hair care line called Fenty Hair.  Announced through a video on social media, Rihanna explained that her own experiences with various...

Yolanda Sánchez Killed Hours After Mexico Elects First Female President

Yolanda Sánchez, the first female mayor of Cotija, Mexico, was brutally assassinated in broad daylight.  This tragic incident occurred just hours after Mexico celebrated the historic election of...

Watch Live: Hunter Biden’s Federal Gun Charges Trial Begins

President Biden’s son, Hunter Biden, goes on trial this week on federal gun charges for allegedly lying about his illegal drug use when he bought a Colt revolver in the fall of 2018.  The trial...

NYSE Resolves Bizarre Glitch That Sent Berkshire Hathaway Stock Down 99.97%

A technical issue halted trading for several major stocks, including Berkshire Hathaway, which saw its value plummet by a staggering 99.97%.  The New York Stock Exchange (NYSE) experienced a...

Rhode Island to Celebrate Juneteenth as State Holiday for the First Time

Rhode Island will officially celebrate Juneteenth as a state holiday beginning in 2024. Governor Dan McKee signed a bill in 2023 establishing Juneteenth National Freedom Day as an official state...