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After a single phone call, Mellody Hobson is co-CEO of 1st Black-owned mutual fund company with $14.9B in assets
Mellody Hobson is the co-CEO of the first Black-owned mutual fund company in the U.S., Ariel Investments. The company was started by John W. Rogers Jr. in 1983 when he was just 24 years old. Headquartered...
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How Giannis Antetokounmpo turned down Adidas because of his brother and signed with Nike
Giannis Antetokounmpo is a Nigerian-Greek NBA star who signed a record-breaking, five-year supermax contract extension deal with the Milwaukee Bucks in 2020. At $228.2 million, this was said to be...
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Just 3 years after Dwyane Wade became minority owner of Utah Jazz, the team has doubled in value, from $1.75B to $3.46B
Dwyane Wade is a retired NBA player who at the peak of his career won three NBA championships. Growing up, Wade started doing drugs and to avoid gang life and drugs, he took to basketball throughout his...
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Tyler Perry strikes new deal with BET after failed multibillion-dollar bid for network
Tyler Perry has signed a new deal with BET Media, Paramount’s media company. Per the new partnership deal, Perry will deliver hundreds of new episodes to BET and BET+, spanning existing and new series....
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How founder of Stanbic IBTC Atedo Peterside built his billion-dollar business from a tiny office in Lagos
Atedo Peterside is a Nigerian entrepreneur, businessman, banker and founder of one of Africa’s most prestigious banks, Stanbic IBTC Bank Plc. The bank started more than three decades ago as Investment...
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Besides Levi’s, sales for Western boots increased because of Beyonce’s ‘Cowboy Carter’
Beyoncé’s latest album is influencing almost every facet of the economy. Levi’s stock rose 20% earlier this month following the release of a Beyoncé song called “Levii’s...
