Tag: Entrepreneurship

Rick Ross clarified that he transitioned from being a franchisee to holding company stock after his restaurant footprint dropped from roughly 28 franchise locations down to one store in Mississippi.

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.

Many people feel that expensive business conferences are failing to deliver. Following recent social media backlash surrounding InvestFest—one of the largest gatherings for Black entrepreneurs and investors—many attendees left feeling like they paid top dollar for basic advice and empty networking. With August being Black Business Month, it's the perfect time to explore how Black entrepreneurs can unlock game-changing business gems from top experts through books without breaking the bank on conference tickets.

Historically Black Colleges and Universities have always been about more than getting a degree. They're places where Black students find community, build confidence, and sometimes meet future business partners. During Black Business Month, we're looking at graduates who took that foundation far beyond campus. Whether in biotech or beauty, entertainment or finance, these entrepreneurs saw problems, had ideas, and decided to build something of their own. Some became household names. Others are still growing their empires. But they all show what can happen when HBCU excellence meets entrepreneurship.

Wealth, ownership, and influence have always been deeply rooted in the Black story. From media moguls to athlete-entrepreneurs, Black families have consistently turned vision, grit, and talent into lasting empires. Yet, these legacies reach far beyond individual achievement because a true dynasty isn't built on a famous name alone. It's built on sacrifice, opening doors, and shaping culture. From the Johnsons reshaping Black media and the Knowles-Carter family redefining music and business power, to the James family proving athletes can be CEOs, these families prove success is bigger than one person.

Gen Z entrepreneurs are surpassing Baby Boomers in new business start-ups, leveraging AI to bypass traditional funding barriers. Discover the economic shift rewriting the rulebook.