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Kim Roxie has opened a vegan makeup store in the historic district famously known as Black Wall Street. Roxie began her entrepreneurial journey in 2004 when she opened a makeup storefront in her hometown of Houston, Texas. According to Fox 23, her mother supported the launch with a $500 investment . “She gave me $500 and I saved up the rest of the money,” Kim told the outlet. “My mom loved makeup, she loved sitting in front of the vanity getting herself together and my mom did not have an office job, she was getting herself together to work at the post office.” Although the shop closed its doors in 2018, Roxie’s journey in the cosmetics space was far from over. The closure marked not an end, but a pivot — a chance for her to realign her mission with deeper personal connections and greater purpose. She was driven by two profound health challenges that reshaped her outlook on beauty and wellness. The first was her own struggle with alopecia, an autoimmune condition that caused hair...
Celebrity hair colorist Kadi Lee has secured an investment from Meghan Markle. Markle became acquainted with Lee through a recommendation from Serge Normant, the stylist behind her wedding hairstyle for her 2018 marriage to Prince Harry. According to People, Markle has worked with Lee for more than four years. View this post on Instagram A post shared by Highbrow Hippie (@highbrowhippie) Markle joins a star-studded client roster that includes Julia Roberts, Gwyneth Paltrow, and Brad Pitt, Lee’s bio mentions. Based in Los Angeles, CA, Lee operates out of her salon, Highbrow Hippie, and her work has been featured in renowned publications such as Vogue, Elle, and Vanity Fair, among others. Her career, which dates back to Frederic Fekkai in Manhattan, NY, where she received training under chemist and color director Constance Hartnett, now spans more than two decades, her LinkedIn notes. She also counts Normant as her greatest mentor. “I work with some of the most visible women in the...
A movement that was birthed out of the COVID-19 quarantine has raised millions of dollars to support Kamala Harris’ quest as the first Black woman president of the United States. “Win With Black Women” (WWBW) is a mantra and group conceptualized by Jotaka Eaddy, a social impact consultant in politics and technology who founded Full Circle Strategies. She understood the importance of community early on as a high school student looking to attend a conference geared towards those seeking law careers, Fortune reports. Raised in a humble environment in South Carolina, the $3,000 cost for the conference was out of reach for her parents. However, through the support of Black women church-goers she was able to attend. “Black women in my church and in my community sold chicken dinners and held bake sales to raise money to send me to that conference and to put me on an airplane that many of them have still never been on,” Eaddy said, according to Fortune. She went on to make history as the...
Maconomics CEO Ross Mac is financially empowering urban communities. While Ross Mac learned the value of money early on as a result of selling candy in third grade and through being raised by frugal middle class parents, he still did not have much understanding on the investment arena, credit building, or homeownership. Instead, the South Side Chicago native — with ties to Wall Street through his roles at Morgan Stanley and Grosvenor Capital — credits exposure for serving as his “greatest teacher.” During his freshman year at Wharton School of Business at the University of Pennsylvania, he saw a peer who was trading while in class. A week later, he jump started his portfolio and began educating himself on various tax hacks, he told Will Lucas on “Black Tech Green Money” podcast. His time on Wall Street was another turning point. “I remember seeing a managing director check his 401(k) and he had a couple million in there. So, now I’m starting to think about retirement. And so I think...
Marketing strategist Mahdi Woodard is helping Black entrepreneurs harness their marketing power. His mission follows nearly 10 years of experience in corporate marketing. Ultimately, it was a nudge from a mentor that opened up his mind to the possibility of venturing further into the marketing sector on his own terms. “He said, ‘If you got the financial chops to do corporate finance, investment banking, you’ll thrive in marketing. Because it’s not just the creative things, you are the person that’s running the business. You need to have that analytical rigor and that creative muscle,'” Woodard recalled the advice on the “Black Money Green Tech” podcast hosted by Will Lucas. The branding specialist also recognized he had become a trusted resource for many who were looking for advice, which he later recognized as consulting. By placing a calculated bet on his skills, he forged his path as a brand strategist under his own company, Mahdi Woodard, Inc. In that same breath, he is...
Dwight Howard says he lost the opportunity to invest in his city’s WNBA team. During a sit-down interview on his “Above The Rim with DH12” podcast, Howard — who last played in the NBA in 2022 — explains he had the opportunity to become an owner of the Atlanta Dream. This was an interest to him because he wanted to support his daughters, in the event they had aspirations to follow in his footsteps in the professional league. “It was a group of people who was all in it together. My plan that I had was, I was looking to buy the Atlanta Dream, the basketball team for women. So I was like, ‘Man I want to really do this ’cause I got two daughters,'” Howard explained on the podcast. “One day they’re going to want to play basketball. I can set it up to where they can play for the Atlanta Dream one day when they get older.” The 6-foot-10-inch hooper, who was an active player in the league at the time, says he put a team together and invested $7 million into the deal. He was also showing his...
LL Cool J’s mother played a crucial role in launching his career by investing in his music when he was faced with countless rejection. The rapper, born to Ondrea Smith in Bay Shore, NY, has released his 14th studio album, “The Force,” after a decade-long wait. Released Sept. 6, the project features 14 tracks, including “Post Modern,” which holds a significant line about his mother’s support that came from a tax refund. “My mother took her tax return and invested it. She bet it on her kid and look at what he did with it. 2,000 in ’84 that’s a 100,000 x multiple from keepin’ you on the floor,” he rapped. During an interview on the podcast “Sway In The Morning,” LL Cool J shared the backstory behind that line. He revealed his mother was not making a lot of money, so tax season was an exciting time for her as it led to extra earnings in her pocket when she received a refund. “Here’s this Black woman who worked really hard, who got a tax return — and just for the record — the majority of...
A controversial conspiracy theory reportedly led Shaquille O’Neal to lose a $20 million deal. O’Neal has a track record of hitting gold in business. It’s why he has supposedly amassed $500 million, per Celebrity New Worth. Some of his wise moves include his Big Chicken restaurant franchise, which can be found in California, Nevada, New York, Texas, Washington, and on the seas thanks to two Carnival Cruise ships, a press release notes. Most recently, Big Chicken celebrated its grand opening in the Dallas, TX, area in Fort Worth, now marking its fifth franchise location in Texas. View this post on Instagram A post shared by Big Chicken (@bigchickenshaq) One can also look to his success in the investment world. He invested in Google and unintentionally struck gold. In fact, it was by “accident” that he even invested in the tech company. As AFROTECH™ previously reported, he spoke with a prominent investor who was talking about Google at the Four Seasons. The conversation led to a...
Meghan Markle has been intentional about investing in female-led companies over the years, The New York Times reports. Markle, a former actress and Duchess of Sussex through her marriage to Britain’s Prince Harry, has taken advantage of the limelight to provide greater visibility to brands. A bag she wore from Scotland brand Strathberry after her engagement in 2017 was sold out in 11 minutes. She said that moment “changed everything in terms of how I then looked at putting an outfit together.” It has led her to become more intentional about what brands she aligns with and wears. Markle also mentioned, “Times where I know there is a global spotlight, and attention will be given to each detail of what I may or may not be wearing, then I support designers that I have really great friendships with, and smaller, up-and-coming brands that haven’t gotten the attention that they should be getting. That’s one of the most powerful things that I’m able to do, and that’s simply wearing, like,...
Oprah Winfrey has always had viewers glued to their screens, starting with her career as the talk-show queen decades ago. Winfrey’s talk show ran for an astounding 25 seasons (ending only at her request), achieving 47 Daytime Emmys and creating many memorable talks (it is hard to overlook Tom Cruise curled up on the couch). Oprah Winfrey is a household name synonymous with success. She has a TV network, publishes a magazine that is now exclusively digital and has a profound impact on popular culture with her selections for Book Club and Favorite Things. She also earned all of her wealth on her own, remaining relevant over decades thanks to her acting career, charitable endeavors, and astute business decisions. However, to discover how Oprah amassed her wealth and the answer to the question, “How did Oprah get rich,” we must dive into the multifaceted world of Oprah’s financial journey. We’ll explore her rise from local talk show host to national phenomenon, the shrewd business...
Meghan Markle seems to be ready for her take over of the podcast industry. Forbes reports that the Duchess of Sussex’s Archetypes podcast has knocked The Joe Rogan Experience out of the No. 1 spot on Spotify podcast charts in the U.S. The major feat comes only two days after Markle dropped her first episode. What’s more, her podcast is dominating across Australia, Canada, Ireland, and the United Kingdom.
If ever there was proof to the adage that success is the best revenge, Meghan Markle is it. The mere mention of her name makes certain royals and gossip mongers “incandescent with rage.” Her departure as a working member of the British Royal Family — alongside her husband, Prince Harry — ripped the Band-Aid off the festering wound of racism that only slightly bubbled below the surface of British high society. And at times, as she told Oprah, the horror of the non-stop attacks in the press made her want to end her life. Despite what seemed like a concerted effort to push her down, Meghan Markle rose up. She moved to California, began getting deeply involved in businesses and charities, and it wasn’t long before both she, and her husband, were thriving again. Every time the pair makes an announcement — such as when they revealed the first-ever photos of their new daughter, Lilibet Diana — they nearly break the Internet and become trending topics. And according to CheatSheet, she...
Meghan Markle is bringing a royal spin to the world of investing! The Duchess of Sussex has always made the fight for gender equality the core of her existence long before it became one of her core causes as a royal. Now, she extends this mission to the private sector as she starts to build out a portfolio of startup investments. According to Fortune, Markle is taking her talents to Clevr Blends, a startup responsible for making instant oat-milk lattes. Led by co-founder and CEO Hannah Mendoza, in a statement of her investment with the brand, Markle makes it clear that she has a huge interest in supporting female-founded companies. View this post on Instagram A post shared by Clevr Blends (@clevrblends) “This investment is in support of a passionate female entrepreneur who prioritizes building community alongside her business,” Markle told Fortune. “I’m proud to invest in Hannah’s commitment to sourcing ethical ingredients and creating a product that I personally love and [that]...
After only six months of stepping away from the British royal family, Meghan Markle and Prince Harry have entered the world of Hollywood to secure a multi-year deal with streaming giant Netflix under their new production company, Shadow and Act reports . Through the production company — which has yet to be named — the Duke and Duchess of Sussex will produce “documentaries, docuseries, feature films, scripted shows and children’s programming,” per a report from Deadline . According to Deadline , Markle and Harry’s recent move mirrors a similar plan of action former President Barack Obama and Michelle Obama followed after leaving the White House. Netflix is thrilled to have the pair join their team of creatives to help bring more family-focused content to the platform. “Harry and Meghan have inspired millions of people all around the world with their authenticity, optimism and leadership,” said Ted Sarandos, co-CEO and Chief Content Officer of Netflix, in a statement . “We’re...