All posts by Preta Peace Namasaba

Black billionaires
News

Jay-z’s venture capital firm close to finalizing $1 billion merger

Jay-Z‘s venture capital firm, Marcy Venture Partners is close to finalizing a $1 billion merger. According to a report by Bloomberg, the firm is engaged in advanced discussions to merge with the investment division of…

By Preta Peace Namasaba May 14, 2024
News

This Black family owns all the McDonald’s in Compton City

Over three decades ago, Patricia Williams began working with the McDonald’s franchise to build a legacy for her children. She never assumed that they would want to work for or even take over the business…

News

Michael Jordan unveils health clinic in his hometown after $10 million donation

Michael Jordan unveiled the opening of his third health clinic, The Novant Health Michael Jordan Family Medical Clinic in his hometown of Wilmington, North Carolina. The new facility was funded by a $10 million donation…

Thrive

How Amari Ruff overcame homelessness to build a multi-million dollar trucking company

Growing up, Amari Ruff did not necessarily envision himself as a tech founder. He was always on the move to a different city or country every few years from being in a military family. As…

By Preta Peace Namasaba May 13, 2024

More posts by Preta Peace Namasaba

Business

Robert F. Smith’s Vista Equity Partners acquires JAGGAER after raising $20 billion to invest in AI

Robert F. Smith’s Vista Equity Partners has acquired JAGGAER, a global leader in enterprise procurement and supplier collaboration software, from Cinven. The acquisition aligns with the firm’s goal of investing in artificial intelligence after raising…

By Preta Peace Namasaba September 2, 2024
Business

Slutty Vegan founder Pinky Cole gifts two longtime employees their own restaurant

To celebrate Slutty Vegan’s 6th anniversary, its founder and CEO, Pinky Cole Hayes has rewarded two of her longtime employees, Angel Barnwell and Miesha Hambrick with their own franchise. The two women have been crucial…

By Preta Peace Namasaba August 26, 2024
News

These 4 Black owned businesses generate over $1 billion in annual revenue each

Black business ownership is growing at the fastest pace in 30 years. According to data from the Federal Reserve’s Survey of Consumer Finances, the share of Black households owning a business has more than doubled,…

Thrive

Top 10 in-demand remote jobs paying at least 100k salaries

The pandemic unequivocally changed how we work. It shook up the traditional workplace setup and ushered in the remote work era. According to the Pew Research Center, approximately 22 million employed adults in the U.S.…

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