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

Black-Owned Hookah Company Offers Nicotine- and Tobacco-Free Products in the U.S

The global hookah tobacco market is booming, with a valuation of USD 421.22 million in 2023 expected to grow to USD 697.11 million by 2031, according to Skyquest. However, there is a noticeable lack...

Philadelphia Eagles’ Jalen Hurts Donates $200,000 to Support Schools

Philadelphia Eagles quarterback Jalen Hurts has made a significant impact off the field by donating $200,000 to the School District of Philadelphia. This generous contribution will provide over 300...

Beyoncé’s Cécred x BeyGood Fund Launches Second Round of Salon Grants

Beyoncé’s Cécred x BeyGood Fund is expanding its mission to support the next generation of hair care professionals with the launch of a second round of business grants for beauty salons in...

DEA Suggests Downgrading Marijuana to Less Dangerous Drug

The U.S. Drug Enforcement Administration (DEA) is proposing to reclassify marijuana as a less dangerous drug, a move that could significantly impact national drug policies. The DEA’s proposal...

Russell Wilson and Ciara List Lavish Seattle Estate for $36 Million

NFL quarterback Russell Wilson and his Grammy Award-winning wife, Ciara, have successfully sold their expansive estate in Bellevue, Washington.  Initially listed for $28 million, the property has been...

Hainault Sword Attack: Marcus Monzo in Court for Schoolboy Daniel Anjorin’s Murder

A community in Hainault, London, is mourning the death of 14-year-old Daniel Anjorin, who was fatally attacked with a sword on his way to school. The Metropolitan Police have charged 36-year-old...

Amazon Q1 Ad Revenue Soars to $11.8 Billion, Driven by Prime Video’s Commercial Rollout

Amazon has reported a significant increase in ad revenue, reaching $11.82 billion in the first quarter of 2024. This figure marks a 24% year-over-year increase and sets a new Q1 record, surpassing...

The Weeknd Donates $2 Million to Provide 18 Million Loaves of Bread in Gaza

Abel “The Weeknd” Tesfaye has pledged an additional $2 million in humanitarian aid to Gaza, providing 18 million loaves of bread to help families in the war-torn region. This new donation...

UK-Based Nigerian Surgeon Loses License Over Misconduct with OnlyFan Client

Dr. Oluwafemi “Tijion” Esho, a UK-based Nigerian surgeon, has been stripped of his license to practice medicine. This decision follows allegations that he provided Botox treatments in...