Wealth

Wealth

Do you know Jay-Z bought the most expensive home in California history? – Check out other huge real estate moves in 2023

When the wealthiest people purchase homes, they are not simply looking to put a roof over their heads. They are looking for a not-so-humble abode that reflects the glamor of their achievements and to afford…

By Nii Ntreh June 17, 2024
News

This Black family owns all the McDonald’s in Compton City

Over three decades ago, Patricia Williams began working with the McDonald’s franchise to build a legacy for her children. She never assumed that they would want to work for or even take over the business…

By Preta Peace Namasaba May 14, 2024
Wealth

Economic empowerment: How Troy Smith is providing millions of dollars in alternative financing for Black wealth ambitions

Troy Smith, the founder and CEO of G1 Commercial Mortgage believes that economic empowerment is the saving grace for African-Americans. He posits that to take control of wealth, Black people need to control the economic…

By Preta Peace Namasaba April 12, 2024
Wealth

‘I learned to make money while I slept’: Don Barden built a $500 million business starting with $500 in savings

Don Barden‘s rise to the top is a true grass-to-grace story. Beginning with a record label and newspaper, he developed the largest Black cable television operator. Barden was the first African-American to own a casino…

By Preta Peace Namasaba March 17, 2024

More in Wealth

Wealth

This Black owned real estate firm is closing the wealth gap through a billion dollar home ownership strategy

While the top 10% of residents in America own 76% of the nation’s wealth, the bottom 50% own just 1%. African-Americans and other minorities have less than seven times the average wealth of their white…

By Preta Peace Namasaba March 13, 2024
Wealth

This father-son duo have closed over $2 billion in real estate transactions

National Standard Abstract, a Black family-owned real estate title insurance firm has emerged as a leader in the industry. Headed by founder and president Osei Rubie and his son and partner Nadir Rubie, the firm…

By Preta Peace Namasaba March 12, 2024
Wealth

A Black-owned stock exchange motivated by MLK’s dream: These genius investors are thinking outside the box

Martin Luther King Jr.’s famous “I Have a Dream Speech” was delivered at the 1963 March on Washington for Jobs and Freedom and was organized by Black union members as a call for workplace equality.…

By Preta Peace Namasaba March 11, 2024
Khamil Bailey and Samantha Black
Wealth

How two enterprising Black women are reviving Black businesses in Pittsburgh

Khamil Bailey, originally from East Orange, New Jersey, relocated to Pittsburgh in 2005 to pursue her education at the University of Pittsburgh, subsequently choosing to make the city her home. Over time, she became aware…

By Oji Ben Ebuka February 23, 2024
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