The United States has millions of Black-owned businesses. Most employ nobody other than the owner. In 2023, about 4.4 million Black-owned businesses without employees brought in $130.9 billion. Spread evenly, that is less than $30,000 each. The figure needs care…
Kevin Hart used to count his money in twenties. Not investment tranches or box-office multiples, but twenty-dollar bills handed to him after a set at a Philadelphia comedy club, back when $25 was the entire payday for a night’s work.…
As living costs rise and economic uncertainty affects the choices of millions of Americans, the belief that just earning a bigger paycheck can create generational wealth is being questioned more than ever. Hard-working people are often advised to “earn more”…
Media entrepreneur and investor Robert L. Johnson will receive one of the highest honors at the 2026 BLACK ENTERPRISE XCEL Summit for Men. This award further establishes his legacy as a key figure in Black business history. According to BLACK…
Kimora Lee Simmons is reflecting on one of the biggest business decisions of her career: selling Baby Phat, the fashion label that became both a cultural force and a commercial powerhouse. For many Black women who came of age in…
