black billionaires Archives - Black Enterprise

Insights From a Billionaire: Robert Smith Says There Are More Opportunities In Private Markets

Derek MajorOctober 2, 2020October 2, 2020

by Derek MajorOctober 2, 2020October 2, 202029506

Vista Equity Partners chairman and CEO Robert Smith told CNBC there’s a marked disparity in investment opportunities between public and private markets....

Arts and Culture Business Entrepreneurship

Tyler Perry Has Officially Joined the Black Billionaires Club

Cedric 'BIG CED' ThorntonSeptember 2, 2020September 3, 2020

by Cedric 'BIG CED' ThorntonSeptember 2, 2020September 3, 202012520

Forbes ranked Tyler Perry on its 2020 list of billionaires, estimating that he has earned more than $1.4 billion in pretax income since 2005....

News

Black Billionaire Robert F. Smith, Who Vowed To Pay Student Loans, Is Facing Tax Probe

Derek MajorAugust 24, 2020August 25, 2020

by Derek MajorAugust 24, 2020August 25, 202020233

Billionaire Robert Smith, who promised to pay the student loans of the entire 2019 Morehouse graduating class, is now facing a tax crime investigation....

Business COVID-19 News

What Pandemic? Billionaires Are Getting Richer During COVID While the Economy and Labor Force Tank

Selena HillMay 23, 2020May 26, 2020

by Selena HillMay 23, 2020May 26, 202010159

From Bloomberg to Bezos to Carter, American billionaires are thriving amid the global COVID-19 crisis....

Entrepreneurship Money

Jay-Z Becomes Fifth Black Billionaire in the U.S.

Selena HillJune 3, 2019September 8, 2019

by Selena HillJune 3, 2019September 8, 201910565

Hip-hop mogul Shawn "Jay-Z" Carter has reportedly joined the billionaire's club with these four other black billionaires in America...

Money

The Investing Habits of Wealthy Black People

Stacey TisdaleMay 22, 2019May 22, 2019

by Stacey TisdaleMay 22, 2019May 22, 20198344

There is no intention to minimize the need for solutions to socioeconomic issues, but there's a lot ot learn from the habits of wealthy black...

Money

America’s Black Billionaires: The Richest African Americans in 2019

Selena HillMarch 14, 2019June 3, 2019

by Selena HillMarch 14, 2019June 3, 201920577

Out of the 607 Americans featured on the Forbes World's Billionaires list, just four are black. Here's a list of the richest black billionaires in...

Education Leadership

Morehouse Receives $1.5 Million from Black Billionaire Robert F. Smith

Samara LynnJanuary 22, 2019January 22, 2019

by Samara LynnJanuary 22, 2019January 22, 20192149

Founder and CEO of Vista Equity and black billionaire, Robert F. Smith donated $1.5 million to Morehouse College, according to a statement released by the...

Entrepreneurship

Black Billionaire Robert F. Smith, Just Made Another $3 Billion with Sell to Adobe

Samara LynnSeptember 24, 2018October 2, 2018

by Samara LynnSeptember 24, 2018October 2, 20182023

Vista Equity, the private equity firm launched by black billionaire and engineer Robert F. Smith, announced it is selling a cloud-service company it purchased in...

Entrepreneurship

Oprah Winfrey’s Net Worth Peaks and Lands Her on the Bloomberg Billionaires Index

Selena HillJune 20, 2018February 24, 2020

by Selena HillJune 20, 2018February 24, 20202471

Oprah Winfrey has managed to reach another new milestone, accumulating a new net worth of $4 billion and becoming the first black female entrepreneur to...