MONEY

Teaching Black Kids About Money at Every Age

Every tap-to-pay transaction, $3 ATM fee, and cash-stuffed birthday card is an opportunity to prepare your child for the financial realities of adulthood. With October marking Financial Planning Month, financial education for teens and young adults is top of mind. The Root spoke with Crawford Mickey McGill, CEO of Houston-based Reveal Wealth Strategies, about how parents can share money lessons with kids of all ages. His top takeaway? Parents don't need to have all the answers to start teaching—they just need to be willing to talk about it.

Jay-Z Investment Firm 50 Percent Stake Rihanna Fenty Beauty Deal 2026

In a move that underscores the growing intersection of music, fashion, and finance within Black entrepreneurship, Jay-Z's investment firm is nearing a deal to acquire a 50 percent stake in Rihanna's Fenty Beauty empire. The potential partnership reflects a broader strategy of consolidating wealth and influence across luxury sectors.

Malcolm-Jamal Warner Prenup Lawsuit: Widow Demands $1.2M

The widow of Malcolm-Jamal Warner is suing his mother to recover at least $1.2 million from a family trust, claiming he failed to honor their prenuptial agreement

3 Wealth-Building Strategies from Affluent Individuals to Implement Today

My grandparents did not grow up with degrees. They were born, raised, and died down in South Carolina, true products of the Depression era, and though the school system never gave them fancy college degrees, they carried a PhD in reading white folks. They had a particular understanding of the peculiarities of rich white people, and they spent a lifetime studying how their tricks and hacks could be useful to us.

Celebrity Fortunes After Death: Where Did the Money Go?

For generations, Black entertainers built cultural empires extending far beyond the stage. Their music, businesses and identities have created millions in wealth– but after their deaths, those legacies often enter a new chapter filled with legal battles, family disputes and difficult decisions over who controls their work.

Kai Cenat Meets In Lagos: $5M School Project

Global streamer Kai Cenat met with Lagos Governor Babajide Sanwo-Olu to solidify his $5 million education project. The initiative, aimed at underprivileged children from Makoko, will see a new school constructed in the more accessible Yaba district.

CU Boulder CAAAS Scores $2M Pledge

The Center for African and African American Studies at CU Boulder has received a transformative $2 million pledge. The funding from university leadership ensures the center can continue its vital work in research, community building, and student support.

Giancarlo Esposito Calls for Revolution Against “Rich Old White Men”

Giancarlo Esposito ignites Hollywood with a fiery speech calling for a revolution against the "very rich old white men" controlling the industry. Read the full breakdown of his powerful call to action.

Alonzo Brock Launches KCETV: New Streaming Network for Independent Artists

Black entrepreneur Alonzo Brock shakes up the industry with KCETV, a new streaming platform dedicated to independent filmmakers, musicians, and comedians.

Zoe Saldaña Reacts To Becoming Highest-Grossing Actor Of All Time With a $15.5 Billion Portfolio: ‘I’m Deeply Grateful And Profoundly Humbled’

As of January 2026, Zoe Saldaña has officially become the highest-grossing actor of all time, with her films, including Avatar, Avengers: Endgame, and Avatar: The Way of Water, grossing more than $15.47 billion worldwide.

50 Cent Drops $124M to Turn Shreveport Into the Next Entertainment Powerhouse

50 Cent is investing $124 million to revitalize entertainment venues in Shreveport, including upgrades to G-Unit Studios and new venue development, with additional state funding supporting the city’s growing creative infrastructure.

Popular articles