Business & Enterprise

Dangote’s net worth reached an estimated $51.3 billion according to Forbes’ Real-Time Billionaires List. by Sidnee Michelle Nigerian billionaire Aliko Dangote’s estimated fortune has climbed above $50 billion after a new valuation of his oil refinery significantly increased the value of his holdings and widened his lead as Africa’s richest person, Business Insider Africa reports. Dangote’s net worth reached an estimated $51.3

This invention represents a potentially dynamic evolution in sports officiating technology. by BLACK ENTERPRISE Editors The Frustration Behind the Innovation As a youth girls’ basketball coach in New Jersey, Maria Carthon recalls the difficulty of getting a referee’s attention to call a timeout as one of the frustrations she consistently faced. Stoppages often came too late

“Digital twins” could help creators scale content and brand deals. by Selena Hill Influencers may no longer need to be in front of the camera to grow their brands and businesses. Artificial intelligence is making it possible for creators and celebrities to build digital twins that can replicate their online personas for branded content, fan interactions, and other

The new proposal seeks to protect workers’ pay and benefits in wake of the AI job revolution. by Selena Hill The 40-hour workweek could face a major shake-up as lawmakers revive a proposal to gradually reduce the standard workweek to 32 hours. Sen. Bernie Sanders of Vermont and Rep. Mark Takano of California reintroduced the Thirty-Two Hour Workweek Act Sept.

The actor and his wife invested in the company years before Danone agreed to acquire it for nearly $1.15 billion. by Selena Hill Idris Elba’s latest business win is less about Hollywood and more about getting in early. The actor and his wife, Sabrina Elba, were among the investors who backed Huel, a British plant-based nutrition company, before it grew

The musical power couple is teaming with Bonhams on a voluntary resale royalty model that could put more money back in artists’ pocket by Selena Hill Traditionally, artists have not always benefited when the value of their work goes up on the secondary market. However, Kasseem “Swizz Beatz” Dean and Alicia Keys are looking to change

The trend marks a departure from much of the past 20 years. by Sidnee Michelle Americans without college degrees are experiencing one of their strongest job markets in decades, a striking shift as many young college graduates face increasingly difficult employment prospects, The Wall Street Journal reports. The unemployment rate for workers ages 22 to 34 who never graduated from college has rarely been

Cannabis is one part of Anthony’s growing post-NBA business portfolio. by Sidnee Michelle Carmelo Anthony is shedding more light on his decision to enter the cannabis industry, saying education about the plant and his experiences with cannabis during his NBA career helped turn an interest into a business venture, Basketball Network reports. The 10-time NBA All-Star discussed his path to cannabis entrepreneurship

Former Fenty Beauty executive Sukiana Chancy will lead as the Black-owned skincare brand eyes expansion across Africa, Europe, and the Middle East. by Selena Hill Olamide Olowe is stepping down as CEO of Topicals, the global skincare company she founded in 2020 at the age of 23. The following year, she raised $2.6 million, making her the

The Martha’s Vineyard African American Film Festival panel examined the role Black collectors can play in sustaining artists. by Sidnee Michelle Black art was positioned as more than cultural expression during a Martha’s Vineyard African American Film Festival panel that explored how ownership and collecting can help Black families preserve history and build assets for future generations. “The Power of