8/10/2023 0 Comments David steward black billionaires![]() ![]() Jay-Z became the world’s first hip-hop first billionaire in 2019 thanks to the extraordinary success of his liquor businesses, among other ventures. Source of Wealth: Alcohol, Music Streaming, Music Management She also owns an extensive real estate portfolio in Hawaii, Nashville, and California. In April, she made a significant investment in Dr. Discovery in exchange for hundreds of thousands of shares in the company. In 2020, she sold off most of her stake in the network to Warner Bros. Her Harpo Productions co-produced movies like “The Color Purple,” “Beloved,” and “Selma.” She also founded her cable channel OWN in 2011. transitioned her famous talk show for 25 years into a media and business empire. ![]() Louis to establish the David and Thelma Steward Institute for Jazz Studies. In 2018, he gave $1.3 million to the University of Missouri-St. Steward grew up in the segregated South with seven siblings, and his father was a mechanic, janitor, and trash collector. Steward owns a majority stake in the company. The company had revenues of more than $14 billion in 2022 and boasts of Citi, Verizon, and the U.S. In addition, Smith is the first African-American to sign the Giving Pledge, a commitment to contribute the majority of his wealth to philanthropic causes.ĭavid Steward, 71, is the founder and chairman of World Wide Technology, an IT. Smith was trained as an engineer and worked for Kraft Foods and Goodyear Tire before earning his MBA at Columbia University. With $96 billion in assets and annualized returns of 31 percent since inception, Vista is one of the best-performing private equity firms in the United States. ![]() He co-founded Vista Equity Partners, a private equity firm primarily investing in software startups. Smith, 60, is the wealthiest Black person in the United States of America. Meet the 10 Black billionaires in America in 2023: However, out of this number, only 10 of them are African-American. According to Forbes, the United States has the highest number of billionaires in the world, with 724 billionaires. ![]()
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