Forbes’ real-time billionaire rankings, these are the wealthiest Black individuals globally. Their investments span various industries, including telecommunications, technology, cement, media, and oil. While they have gained significant wealth, these billionaires also hold influence in sectors that are critical to economic growth, particularly in Africa and the diaspora. Here’s a roundup the world’s richest Black people as of October 2024. David Steward Net Worth: $11.4 billion Country: USA Industry: Information TechnologyDavid Steward co-founded World Wide Technology (WWT), a provider of IT and supply chain solutions. He recently overtook Nigerian industrialist
Ride-hailing apps like Uber and Lyft have helped to mitigate racial discrimination against Black passengers—at least when it comes to wait times, a new study from Carnegie Mellon University (CMU) has revealed. Researchers found that the technology’s ability to rapidly rematch canceled rides plays a key role in lessening the impact of discriminatory behavior. A Complex Issue with Tech-Led Solutions Historically, Black passengers hailing taxis faced rampant discrimination, often enduring longer wait times or outright rejections. An academic study had revealed a troubling pattern of discrimination by Uber and Lyft
Many Black adults believe that key systems in the United States are designed to hinder Black people’s progress, a Pew Research Center survey has found. This sentiment was more common among those who had experienced racial discrimination. Widespread Belief In Systemic Discrimination The survey, conducted in September 2023, found that Black adults believe the prison (74%) and political systems (67%) are designed to hold them back. For example, 3 in 4 of Black adults believed the prison system is intentionally structured to profit from incarcerating Black individuals. Almost 2 in
Sam Ayeni is the entrepreneur behind afriKare Life, a Black-owned company providing life insurance and financial solutions to the African diaspora and POC across America. Africare Life, whichSam Ayeni co-founded alongside his partners Maureen Marcus and Andrew Fyneboy, has quickly grown to become an innovative and modern life insurance platform that helps uplift individuals, families, and different tribes in the “land of opportunity.” Black Americans are buying more life insurance Black people are buying life insurance packages at higher rates than other racial groups. The 2021 LIMRA Barometer study found
