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10 years. $10 billion in investment capital. $100 million in philanthropic capital.One million Black women. The Opportunity: Goldman Sachs One Million Black Women is a $10 billion investment commitment with $100 million in philanthropic capital to drive economic opportunity for one million Black women by 2030. One Million Black Women is a first-of-its-kind comprehensive investment focused on key moments in Black women’s lives from early childhood through retirement, increasing opportunity where investment could make all the difference. To date, One Million Black Women has deployed nearly $3 billion in investment capital and $39.4 million in philanthropic capital, laying the groundwork to impact the lives of over…
he wealthiest Black person in America is IT entrepreneur David Steward, according to the 2024 Forbes 400 list of wealthiest Americans. On Tuesday, Forbes revealed its annual ranking, which estimated the Missouri resident’s net worth at a record $11.4 billion, up from $7.6 billion last year and $6 billion the year before that. Steward, who resides in St. Louis, tops private equity billionaire Robert Smith, who is the second richest, with an estimated net worth of $10.8 billion. They’re two of just four Black members on the 2024 ranking, which required a minimum net worth of $3.3 billion, the most ever. That means just…
These founders have blazed trails in nearly every industry, from sports to IT to media production. Here’s how they made it big. Some of these businesses have achieved major success, launching their founders into the ranks of the mega-wealthy–and breaking barriers in so doing. Of the 3,000 billionaires in the world, fewer than 1 percent are Black, per The Atlanta Journal-Constitution. Listed in order of total net worth at the time of publication, here are some of the wealthiest Black founders in the U.S. today: 1. Robert F. Smith: $9.2 billion Smith founded private equity firm Vista Equity Partners, a multi-year Inc. Founder-Friendly Investor, in…
Boys attending Bruce Elementary School in Macon, Georgia will be able to take part in the inaugural program. The 100 Black Men organization has started its own Boy Scouts troop, providing mentorship to male students at a Georgia elementary school.Boys attending Bruce Elementary in Macon, Georgia, can participate in the inaugural program. The 100 Black Men organization has been a longtime community supporter and will now be able to help the local youth directly in this endeavor.“They got years and years of helping out the community especially, around the Southside and community around Macon,” explained Terry Basley, a father of…
Summer Walker is doing her part Summer Walker relaunched her “Buy Black Women’s Sh-t” initiative to support some Black women-owned businesses in her hometown of Atlanta. The charitable effort coincided with the anniversary of her “Last Day Of Summer” mixtape, released in 2018. As Walker celebrated the anniversary of her debut mixtape Sept. 22, she sought to do more than just honor her first project. On the official last day of summer, the singer also held a re-release of “Buy Black Women’s Sh*t.” The online marketplace encouraged fans to buy self-care products from Black women entrepreneurs in Atlanta From The…
“The CEO’s Competitive Advantage: Harnessing the Power of the Hispanic Workforce to Drive Business Success” by Marcela Manjarrez is released with Forbes Books. This release is posted on behalf of Forbes Books (operated by Advantage Media Group under license). NEW YORK (September 24, 2024) — The CEO’s Competitive Advantage: Harnessing the Power of the Hispanic Workforce to Drive Business Success by Marcela Manjarrez is published with Forbes Books, the exclusive business book publishing imprint of Forbes. Manjarrez’s insightful new work is available on Amazon. In her groundbreaking book, Manjarrez draws upon her extensive experience as a corporate leader and her personal journey as a…
For many women in midlife, the thought of switching from a steady corporate job to becoming an entrepreneur may feel overwhelming, but it can also be incredibly rewarding. As more and more women over 50 are making the leap, this career transition is not just possible, it’s a path to financial independence, personal fulfillment, and greater control over your life. Women at midlife are increasingly leaving corporate life behind in search of entrepreneurship because they are seeking more control over their careers, time, and life. After years of climbing the corporate ladder, many women find themselves disillusioned with rigid structures, limited…
As we honor this year’s Hispanic Heritage Month, it’s essential to recognize the pivotal role the Latino vote will play in the 2024 presidential election: For the first time in history, 36 million Latinos will be eligible to vote in the United States, marking their rise as the “majority makers” for national and local campaigns, resolutions and propositions.¹ And for marketers tracking this powerful influence,² it’s critical to recognize that Latino voters may not only represent a pivotal voting bloc in the upcoming election, but can also be a “swing“ consumer vote for many brands. Unfortunately, however, there’s a major discrepancy…
Hispanic News Websites Here are 40 Best Hispanic News Websites you must follow in 2024 MundoNOW MundoNow is the #1 independently-owned digital new source for Latinos in the United States. Published in both English and Spanish, MundoNow reaches mi…moreMedia Outlet mundonow.com + FollowFacebook Followers 5.9MTwitter Followers 8.9KInstagram Followers 149LinkedInYouTubeApp StoreGoogle Play Podcast Frequency 29 posts / dayGet Contact Promoted 1. Al Jazeera India AgriNet stands as a vital digital platform dedicated to the agricultural sector in India, offering a comprehensive array of resources, news, and expert insights tailored to the needs of farmers, agribusiness professionals, and industry stakeholders. The website covers a broad spectrum of topics, including crop management, agricultural…
The U.S. is home to roughly 2.5 million Black-owned businesses, according to the Census Bureau. Although the vast majority are sole proprietorships or small-scale affairs, an increasing number have regional reach and national ambitions. Below, we resurface 10 Black entrepreneurs who have recently been featured in Forbes and provide a directory of an additional 90 Black-owned businesses to support. It is by no means an exhaustive list: We aren’t including numerous high-profile celebrity entrepreneurs like Oprah Winfrey or Rihanna or the many successful black business owners who sell services to other corporations, like World Wide Technology’s David Steward. These entrepreneurs…