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

Research Shows $1 Million Wage Gap Between White Families and Black and Hispanic Families

Despite high rates of job participation and entrepreneurship among Blacks and Latinos, a significant wage gap is hindering their economic mobility.  By 2030, Latinos are projected to account for...

Central Florida Rep. Antone Criticizes Support for ‘White-Washed’ Black History Museum Plans

Central Florida Representative Bruce Antone has expressed strong opposition to the plan to build the museum on a former slave plantation in St. Augustine. A debate has erupted in Florida over the...

Mango Partners with Victoria Beckham for High-Profile Capsule Collection

In recent years, Mango has been on a growth trajectory, aiming to boost its market position and win over skeptical consumers. One of its standout strategies is drawing from its direct...

Pro-Palestinian Protests Expand to USC and University of Texas Campuses

Pro-Palestinian protests are increasingly taking place at colleges and universities nationwide, with recent protests at the University of Southern California and The University of Texas at Austin...

David Steward Overtakes Robert F. Smith as America’s Wealthiest Black Billionaire

David Steward, the majority shareholder and co-founder of World Wide Technology (WWT), has overtaken Robert F. Smith as the richest black billionaire in the United States, with a net worth that has...

Tesla Unveils Design of its Upcoming Robo-taxi App

Tesla Inc. is set to revolutionize the transportation industry with its ambitious plans for a robo-taxi service. Amidst softening EV demand and shrinking profit margins, the tech giant is shifting...

Sharon Tucker Becomes Fort Wayne’s First Black Mayor

Sharon Tucker, a city councilwoman from Fort Wayne, Indiana, has been selected as the new mayor of the state’s second-most populous city.  This selection marks a significant moment for the city, as...

Bennie Thompson Bill Would Allow Secret Service to Hire Felons

Congressman Bennie Thompson (D-Mississippi), Ranking Member of the Committee on Homeland Security, has introduced legislation that could reshape the U.S. Secret Service’s hiring practices.  The...

Why the House Voted to Ban TikTok and What Could Come Next

 In a decisive move, the U.S. House of Representatives voted 352-65 in favour of a bipartisan bill that could have far-reaching implications for the popular social media platform, TikTok.  The bill...