Gold hits an historic price above $5,100 per ounce on Monday. This is because investors flocked to metal investment amid growing global uncertainty and financial market volatility, marking a significant milestone in bullion markets. Record‑setting rally Early trading saw a strong increase in gold, which earlier reached the highest level in the metal’s history at […]
David Steward, co-founder and majority shareholder of World Wide Technology (WWT), has solidified his position as one of America’s wealthiest individuals and the second-richest Black billionaire in the nation. His net worth has surged past the $10 billion milestone, according to the Bloomberg Billionaires Index. Steward’s net worth has witnessed a notable surge, climbing from […]
Estate planning is undoubtedly a vital bridge to generational wealth but it’s often overlooked by many, especially African Americans. The question is why? Recent data from Northwestern Mutual, a life insurance and financial services giant, reveals that only 33% of African Americans have discussed long-term care options with their parents, and a mere 31% have […]
The landscape of America’s richest Black individuals encompasses many sectors, with a significant portion of their fortunes rooted in sports and entertainment. As of 2024, the combined net worth of these trailblazers stands at an impressive $31.3 billion. While this figure is noteworthy, it represents a mere fraction—roughly one-seventh—of the staggering $225.4 billion net worth […]
