black entrepreneurs
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#MoreThanCoffee: BLK & Bold Serves Your Morning Brew With a Side of Social Impact
It’s International Coffee Day—does your favorite grind make an impact? No, we’re not talking about that anticipatory jolt of caffeine, though if you’re anything like most of the members of The Root crew, you may be on your third or fourth cup while reading this (so, no judgments)—or perhaps your chosen pick-me-up is a cup…
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Tyler Perry Presents: A Billionaire
Tyler Perry is the family that pays. On Tuesday, Forbes announced that it estimates the Hollywood mogul’s net worth is $1 billion and stated that he was on a “clear path to future membership in The Forbes 400.” The finance site breaks down his cash and investments ($300 million), stake in BET+ ($60 million), his…
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Pharrell and Jay-Z Release Music Video for New Song 'Entrepreneur,' Featuring Some Familiar Faces and Shade to Black Twitter
Pharrell has followed up his curated issue of TIME magazine with Black leaders of “The New American Revolution” from earlier this week by dropping a new song and accompanying music video on Friday. The track “Entrepreneur” features Jay-Z, whose own Black entrepreneur cred is well-established and is frequently boasted about by the rapper himself. I…
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Undercover: Stay Safe—and Chic—in Masks Made by Black Designers
We’ve now lost count of the days that we’ve been sheltering-in-place, but as the blooms emerge and the days grow longer, we are understandably longing to spend time basking in the spring sunshine—but safety first. And news flash, Beloveds—when the day comes that we finally venture back outdoors en masse (Alexa, play “Brand New Day”…
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Untangling History: A Rebranded Edition of A'Lelia Bundles' On Her Own Ground Adds New Chapters to the Story of Madam C.J. Walker
When it comes to the seemingly inexhaustible stream of films adapted from books, an age-old question inevitably arises: Do you read the book first or see the film? As one who finds merits in both approaches—as well as that rogue third option of picking one or the other and leaving it at that—I’m not here…
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Black Businesses Are Buckling Under the Threat of COVID-19
The coronavirus pandemic is having a devastating effect on small businesses across the country, but black-owned businesses are likely to feel it more severely—and for a longer period of time. “Black people represent about 13 percent of the population But only 4.3 percent of the nation’s 22 million business owners,” Andre Perry, a fellow at the…
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This 11-Year-Old Is Helping NYC Families Afford College
While most 11-year-old boys are begging their parents for toys and new shoes, 11-year-old Obocho Peters is earning cash with his mom and helping other families save for college in the process. Obocho and his mom, Sasha Peters, run Obocho’s Closet, a thrift store in NYC stocked with affordable clothes and shoes for kids up…
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Shawty Got Gifts: A Product Review of Ray J’s Raycon E55 True Wireless Earbuds
I promise you that I don’t engage in pure unfettered foolishness just because I’m comfortable in life. And yet, here we are doing a product review of Raycon’s E55 True Wireless Earbuds. Raycon is, of course, an electronics brand by one William Raymond Norwood Jr. also known as The Artist Formerly Known as Hey Waitaminute Ain’t…
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Rohan Marley, Son of Reggae Legend Bob Marley, Is Looking to Go Into the Business of — What Else? Weed
Rohan Marley, the entrepreneur and son of reggae great Bob Marley, has made moves to go into the medical marijuana business in the state of New Jersey. Marley, who has strong ties to the state — having helped raise the five children he had with singer Lauryn Hill there — has applied for a permit…
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Kamala Harris Tackles 'Opportunity Gap' With Plan to Grow Black Wealth by Investing Some $75 Billion in Entrepreneurship and HBCUs
With less access to traditional bank loans and often saddled with higher student debt burdens than other racial groups, African Americans are often hard-pressed to come up with the capital needed to start businesses. With that in mind, Democratic presidential hopeful Sen. Kamala Harris (D-Calif.) on Friday will unveil a multibillion-dollar plan meant to shore…