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 $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...

Inside Richard Parsons’ Turnaround of Time Warner Following the Failed $165 Billion AOL-Time Warner Merger

Richard Parsons took over a company struggling from one of corporate America’s worst mergers. By the end of 2002, AOL Time Warner reported what was then the largest annual corporate loss in U.S...

How Christopher J. Williams Built a Firm That Helped Underwrite Over $330 Billion in Corporate Offerings

Christopher J. Williams recognized an opportunity where others saw a closed market. In 2001, he founded The Williams Capital Group with a strategy focused on institutional transactions, with expertise...