black billionaires
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The Real Black Billionaire Club: Crazy Rich Nigerians
Move over Rihanna and Steph Curry, this diverse West African country has its fair share of crazy Rich Black people
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Turns Out, Kanye Is Not the Richest Black Man in America [Corrected]
Correction: 3/18/2021, 12:15 p.m. ET: *record scratch* Laaaaaa, la, la, laaaa wait ‘til we (and a bunch of other media) get our wealth valuations wrong. Kanye West is actually not the richest Black man in the U.S. On Thursday morning, a whole Kanye-kerfuffle erupted including a now-retracted Forbes article stating that the rapper-entrepreneur-former-presidential-candidate had become…
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Robert Smith, Billionaire Who Promised to Pay Off Morehouse Student Loans, Committed Tax Fraud
Remember last year when billionaire Robert Smith told students graduating from Morehouse College he was going to pay their student loans? Remember how good that felt to see? Well, you might want to hold on to that feeling because it turns out dude committed tax fraud. According to the Hill, Smith admitted to participating in…
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Company Linked to Jay-Z's TIDAL Reportedly Received PPP Loan Before TIDAL Laid Off 15 Furloughed Employees
Malibu Entertainment, a company linked to TIDAL reportedly applied for and received a Paycheck Protection Program (PPP) loan—money set aside in the CARES Act to help small businesses affected by the pandemic—for about $2.1 million, according to a source via Variety. The company was apparently among the businesses that applied for the loans, which were…
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Trump Supporter Wants You to Know He Isn't Just Worth a Measly $1.3 Billion, but $3.3 Billion
Spoiler Alert: La La La Laaaa, you don’t have to wait until Kanye West gets his money right anymore. Oh, and you definitely can’t tell him nothin’. According to Forbes, Kanye’s official net worth is $1.3 billion. Forbes calculated that his stake is worth $1.4 billion, but since it is “private [and] highly illiquid]” their…
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A Chronically Successful Decade: Dr. Dre Is the Highest-Earning Musician of the 2010s
Racking up coins? Oh, that ain’t nothin’ but a G thang for Dr. Dre. Forbes has named the 54-year-old rapper, producer, executive, entrepreneur and all-around music mogul as the highest-earning musician of the 2010s. That’s right, over the past decade Dre racked in an estimated $950 million. Of course, most of that is due to…
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The Richest Black People in the World, Ranked
Every year Forbes releases its annual ranking of the world’s billionaires, and this year, like every year, I woke up, checked the list of the richest people in the world and decided I’d better go to work. Amazon.com’s Jeff Bezos sits atop the list, passing Bill Gates, which makes sense because if you’re reading this…