Black Executive & Entrepreneur News

Oprah Most Generous Black Philanthropists

For the second year Oprah Winfrey is the only black on Business Week's The 50 Most Generous Philanthropists list. Oprah became the first black person to ever be on this list last year. Business Week estimates Oprah has given to...

Black Enterprise America's Most Powerful Players Under 40

Black Enterprise magazine today announced "The Hot List: America's Most Powerful Players Under 40" as featured in December's cover feature. The 2005 Hot List roster includes extraordinary professionals, entrepreneurs...

50 Cent enters book publishing business

Curtis Jackson aka 50 Cent has partnered with MTV/Pocket Books  the publisher of the rappreneur's memoirs, to create a series of novellas and graphic novels.

“From the time that we got to know each other, it was always...

Sean Combs launch womens collection

The new Sean by Sean Combs women's fashion collection was launched Thursday at Bloomingdales in New York. The new clothing line by Sean “P.Diddy” Combs is aimed at the urban sophisticated woman who appreciates sleek yet...

Master P. launches new distribution company

Rappreneur Master P. (Percy Miller) is in the process of launching his newest venture, a music distribution company called Gutter Music Records and Distribution.P's No Limit Records will be the first lable to be distributes by...

Sean "Diddy" Combs $350,000 Chevy Express 3500

The New York Post reports rappreneur Sean "Diddy" Combs laid down a cool $350,000 to retrofit his Chevy Express 3500. Apprently Combs wanted the van to serve as his mobile office, so he had it rebuilt from the ground up.The...

Jay-Z interested in buying The Source

Rappreneur Jay Z and partners Lyor Cohen, CEO of Warner Music Group and Steve Stoute, CEO Translation Consultation and Brand Imaging is reported to be in talks to purchase The Source magazine.Steve Stoute, who earlier this year...

Russell Simmons group to launch new hip-hop cable channel

Hip hop mogul Russell Simmons' media group will launch a video-on-demand Hip hop channel this week, aiming to capture a slice of the greatly desired urban male demographic.The channel, which will be called DoD, was created by...

Conservative group files complaint against Sean Combs and Citizen Change

A conservative group, The National Legal and Policy Center (NLPC), has announced that the group is filing a formal Complaint with the Federal Election Commission (FEC) against Sean Combs. Also named as a Respondent is Citizen...

Oprah ranks one of the most powerful business women in the world

The Wall Street Journal, recently announced the results of its second global "Top 50 Women To Watch" ranking, which is designed to recognize women who have achieved noteworthy successes in business in the past, as well as those...

Pay Respect To Our Hero Rosa Parks

The symbol of the civil rights movement has died. Rosa Parks is the woman who refused to give up her bus seat to a white man on a city bus in Montgomery, Ala., almost 50 years ago igniting the first sparks of the civil rights...

Jay Z opens second 40/40 Club

The 40/40 Club in Atlantic City opened it’s doors on October 25, 2005. Construction began on the $4 million, 15,000 square foot 40/40 Club co-owned by rappreneur Jay Z on June 1, 2005 . 

The...

Santa Clara University elects David C. Drummond as new trustee

Drummond, Google's vice president of corporate development, earned his bachelor of arts degree in history from Santa Clara before going on to Stanford Law School. Before joining Google, Drummond served as executive vice president...

David Drummond making serious paper without being in entertainment

Google's vice president, Corporate Development David Drummond has sold 40,100 shares of Google stock at $313.95 to $319.69 for a gain of $12.7 million, which brings his total income from stock sales to $103.6 million since the...

Time Warner CEO Richard Parsons denies Google rumours

Time Warner Inc.'s the worlds largest media company chief executive Richard Parsons said on Thursday that news of a possible sale of a stake in its America Online (AOL) unit to Google Inc. and Comcast Corp. was "market...

Jay Z in talks to buy into English soccer club

Rappreneur Shawn 'Jay Z' Carter is reported to be in talks with Russian Billionaire Roman Arkadievich Abramovich the 21st richest person in the world according to Forbes Magazine, with a networth of $13 billion. Carter is...

Jay Z America’s Hippest CEO

Fortune Magazine's Oct. 17, 2005 Issue has a profile on Def Jams CEO Shawn "Jay Z" Carter. FORTUNE was allowed  unique access to his new corporate life over several weeks, as he traveled from New York to Las Vegas to Europe...

Damon Dash sells Rocaware stake

Damon Dash has sold his 25 per cent stake in Rocawear label for $25 million. Dash said in a recent interview that Rocaware is no longer reflective of who he is.

"In the past five years, I've learned so much and made so much...

Oprah Winfrey 235th richest American

Oprah Winfrey is again the richest black person in America. She appears at #235 on the Forbes Magazine 400 Richest Americans list. Her networth was up by $100 million to $1.4 billion.

The Oprah Winfrey Show: 20th Anniversary DVD...

Sean Combs expansion plans

Entrepreneur Sean 'Diddy' Combs is set to launch his beauty line for men beginning early next year with a Cologne which will be followed later by a full range of male grooming products.