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

Drake Reportedly Considers Selling 50% Stake in OVO Brand to Authentic Brands Group

Drake, the multi-platinum rapper, entrepreneur, and cultural icon, is reportedly in talks to sell a 50 percent stake in his OVO brand to Authentic Brands Group. If completed, this deal would be one of...

Black Woman Opens Washington, D.C.’s First Black Woman-Owned Brewery

In a significant moment for Washington, D.C.’s craft beer scene, entrepreneur Eamoni Collier has opened Urban Garden Brewhouse. She is recognized as the first Black woman to start a brick-and-mortar...

Ice Cube’s BIG3 Set to Go Public in Landmark $290 Million Deal

Ice Cube’s BIG3 basketball league is set to enter a new phase after agreeing to go public in a significant deal that values the league at $290 million. This move represents a key moment not just for...

Meet Brittany Washington, the Entrepreneur Empowering Plus-Size Women Through Journals and Coloring Books

Brittany Washington is the founder and CEO of My Beautiful Fluff, a body-positive lifestyle brand that helps plus-size women feel seen, celebrated, and confident. It was founded in 2015 in Rock...

JAY-Z’s MarcyPen Eyes LVMH’s Stake in Rihanna’s Fenty Beauty

MarcyPen Capital Partners, the investment firm co-founded by Shawn “JAY-Z” Carter, is leading the charge to acquire LVMH’s 50% stake in Rihanna’s Fenty Beauty. If this deal goes through, it would hand...

Who Is Candace Mitchell Harris? The Tech Founder Revolutionizing Black Hair Care With AI

Candace Mitchell Harris, founder and CEO of MYAVANA, is leading a beauty-technology revolution that merges data science with personal wellness. She is transforming how people understand, care for, and...

How One Couple Is Making History With Their Luxury Handcrafted Watch Brand

In a world where the global luxury watch market is led by century-old Swiss brands and high-end independent makers that focus on heritage, a new story in watchmaking is emerging in the American South...

LL Cool J Partners With Ben Crump’s DreamFi to Expand Financial Literacy and Wealth-Building Access

The financial divide in America has been a persistent problem, disproportionately impacting low-income individuals and communities of color. On June 9, 2026, a new chapter in this struggle began when...

Nagela Duperval Reveals How Opening a Restaurant Led to Financial Struggles and Lost Friends

When entrepreneur Nagela Duperval entered the restaurant business, she imagined a path to financial freedom and cultural influence. Instead, her journey tested her resilience, strained personal...