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Yes, Oprah Is The Richest Black Woman In The World — But How'd She Amass Her $2.6B Fortune?

The origin story of Oprah Winfrey is nothing if not a true testimony. Born into poverty in Mississippi, Winfrey — who was raised in the inner city of Milwaukee — got her start as a local television journalist before transitioning into acting and, eventually, into her own eponymous talk show. That talk show would, eventually, jettison Oprah Winfrey into the stratosphere — and today, her $2.6 billion brand has made her the richest Black American woman in the world. She has consistently made Forbes’ lists of the world’s richest entertainers and business people and has earned several accolades including Emmys, Tonys, and Peabody awards. Yet, Oprah Winfrey continues to remain as humble and as graceful as she always has been. “Don’t worry about being ‘successful,'” she said to Inc. when asked about the key to her success. “Strive for the truest, highest expression of yourself … and then use that expression in service to the world. If the paradigm for which you see the world is, ‘How can I...

The Hill She Climbed: 20 Essential Facts About Amanda Gorman, 2021’s Top Searched Poet Worldwide

When Google released its annual Year in Search report, it’s no wonder that Amanda Gorman was on that list. In fact, she came in at No. 1 on the tech giant’s list of poets in 2021. Unsurprisingly, Amanda Gorman, the nation’s first-ever Youth Poet Laureate, earned the title shortly after she performed her now-world famous poem, “The Hill We Climb,” at President Joe Biden’s inauguration on Jan. 20, 2021. However, what was surprising about the search results was that Norway was the country that was most likely to search for the term “Amanda Gorman” in Google over every other country (including our own!). No matter, though: her accomplishments are all her own. Born in Los Angeles to a single mother, Amanda Gorman pushed herself to excellence from the very beginning — from enrolling in speech therapy classes to gaining a world-class mentorship that landed her in the halls of the United States’ most prestigious Ivy League college. “Gorman doesn’t view her speech impediment as a...

These Are The Richest Self-Made Black Women In America Of 2021, And We Stan Them All

When we talk about the richest self-made Black women in the world, we understand that it’s a lot more nuanced than people think it is. Certainly, things like the racial wealth gap, lack of opportunity, and racism must all be made a part of the equation — because while white women will face sexism, non-white women will face racism and sexism in their quest for wealth. That doesn’t mean, however, that there’s no such thing as self-made Black women. In fact, as three self-made Black millionaires recently told Business Insider, generational wealth isn’t the only determining factor in “making a millionaire.” Things like a great work ethic, taking risks, and building a strong network are all an integral part of becoming wealthy (not just “rich”). “Building wealth doesn’t have to be complicated,” said financial coach April Stewart, to the outlet. “You don’t have to be a real estate investor. People jump to the ‘advanced’ because they think it will fast-track them. You just have to do the...

Jay-Z & Oprah-Backed Oatly Files to Go Public, Seeks $10B Valuation

Plant-based milk company Oatly — who has such celebrities as Oprah and Jay-Z amongst its multitude of backers — has just filed to go public, and is seeking a $10 billion valuation. According to the Daily Mail, the Swedish-based company filed the initial public offering (IPO) paperwork on Tuesday, Feb. 23, 2021. The company, which has such banking corporations as Morgan Stanley, JPMorgan, and Credit Suisse as underwriters on the offering, sells its products to more than 20 countries across Europe and Asia, in addition to its huge presence in the United States. “Oatly raised a $200 million equity investment in July last year from a group led by Blackstone Group that includes Oprah Winfrey, Natalie Portman, and former Starbucks Corp chief Howard Schultz,” reported the outlet. “The new investors also included Jay-Z’s entertainment company Roc Nation, Orkila Capital, and Rabobank’s Rabo Corporate Investments.” In July of 2020, the company was valued at $2 billion, according to PitchBook....

Obama and Oprah's Recent 'In Person' Interview Was Filmed On Opposite Coasts Thanks to Tech

Technology continues to show just how it’s able to innovatively bring people together — even face-to-face when they’re on opposite sides of the country. The latest episode of “The Oprah Conversation” that features the media mogul herself alongside former President Barack Obama and although they appear to be sitting in the same living room — the camera has our eyes playing tricks on us.   View this post on Instagram   A post shared by Oprah (@oprah) According to OprahMag.com, the “in-person” interview was actually conducted from opposite coasts with Oprah in her home in Santa Barbara and Obama in a studio located in Washington, D.C. Due to current social distancing measures that are in place because of the COVID-19 pandemic, the interview was arranged to be remote. “Through the miracle of technology, we get to be face-to-face in the same room and we don’t have to wear a mask,” said Oprah in the opening of the episode. As the two discuss how they’ve been managing their time during...

Nov 19, 2020

Oprah Gives Up 'O' Magazine Cover For the First Time to Honor Breonna Taylor

For the first time in the publication’s history, O: The Oprah Magazine will not feature Oprah Winfrey on its cover. Instead, 26-year-old Breonna Taylor is the September cover star. Winfrey revealed the artwork, created by 24-year-old digital artist Alexis Franklin , on Thursday with a message: “I think about Breonna Taylor often. Imagine if three unidentified men burst into your home while you were sleeping,” she writes of the reported incident that led to Taylor’s death. “And your partner fired a gun to protect you. And then mayhem.” #BreonnaTaylor for @oprahmagazine pic.twitter.com/dsG3zMHq0g — Oprah Winfrey (@Oprah) July 30, 2020 Taylor was killed by plainclothes Louisville police in her home on March 13. As protestors worldwide continue to fight for justice for Taylor’s death, the officers—Jonathan Mattingly, Brett Hankison, and Myles Cosgrove—have still not been arrested and charged for her murder. “What I know for sure: We can’t be silent. We have to use whatever megaphone we...

Jul 30, 2020

Here are the Black Billionaires Who Made the 2020 Forbes List

Forbes recently released its 2020 World’s Billionaires List ranking billionaires according to their net worth. While some billionaires remain on top, others saw their ranking drop drastically from the previous year. The list — finalized on March 18 — features 2,095 billionaires. Here are the Black billionaires that made the list representing various countries around the world. Aliko Dangote JEWEL SAMAD/AFP via Getty Images The cement and sugar manufacturing guru from Nigeria landed at No. 162 with a net worth of $8.3 billion. He is not only Africa’s richest man but the world’s richest Black man. As the CEO and founder of Africa’s largest cement producer, Dangote Cement. At 62-years-old, Dangote owns 85 percent of the publicly-traded company. Mike Adenuga Twitter Adenuga is the second richest man in Africa. He ranks at No. 286 with a net worth of $5.6 billion. He secured his wealth through oil and telecom endeavors. At 66-years-old, Adenuga’s mobile communications company, Globacom,...

Apr 14, 2020

Oprah Is The Richest Black Woman In The World

For years, the battle of World’s Richest Black Woman has been between film and TV executive Oprah Winfrey and Nigerian billionaire oil magnate, Folorunsho Alakija. As we begin 2020, Oprah Winfrey holds the crown with a net worth of $2.7 billion, beating out Isabel Dos Santos at $2 billion and Folorunsho Alakija at $1 billion. Oprah has landed in several Forbes lists over the years including Forbes 2019 Power Women list (#20), 2019’s America’s Self-Made Women list (#10), and 2010’s Powerful People (#64). Oprah’s work in television attributes to much of her multi-billion dollar net worth. Her syndicated talk show, The Oprah Winfrey Show, which was the highest-rated television program of its kind in history, ran for 25 years. Now, as chairwoman and CEO of Harpo Productions and c hairwoman, CEO and CCO of the Oprah Winfrey Network, Oprah is responsible for producing several television shows and movies. In June 2018,  Oprah and Apple announced a multi-year partnership in which she would...

Jan 31, 2020

Prince Harry Joins Oprah To Make Mental Health Documentary For Apple

At a special event last month, Apple made some major product and partnership announcements. One of the most notable was Apple’s partnership with Oprah Winfrey to create a docuseries on mental health for its streaming service, Apple TV Plus. Now, the series is going global with the help of Prince Harry, who will work alongside Winfrey, according to the Associated Press. By working on Apple’s docuseries, Prince Harry can build on his previous work around mental health with the royal family’s Heads Together campaign. He told AP News that the show is an “opportunity for us to understand ourselves and those around us better.” Prince Harry working with Apple is big, because the company has been tapping international names as it tries to get into streaming. Jennifer Aniston and Steven Spielberg have also been named as key players in Apple’s new streaming service. The company has been in talks to start its own streaming service since last year. Its competitors, Netflix and Amazon, have...

Apr 10, 2019

Oprah Is Making Documentaries With Apple On Its New Streaming Service

Apple’s newest products have taken the internet by storm. The company revealed a new credit card, Apple Arcade, an updated Apple TV and more at its keynote event yesterday. Apple announced further details into a multi-year deal with Oprah Winfrey at the star-studded event. Back in June, the company said it would be working with Oprah “ as part of a lineup of original content. ” Now we know that lineup includes “Toxic Labor,” a documentary focused on the impacts of sexual harassment at work and another multi-part documentary centered on mental health. Apple is one of the latest companies to dive into streaming services. Disney has taken steps to start pulling its content from Netflix, ahead of building its own streaming platform as well. Streaming services beat out cable for the first time in 2018, according to The Motion Picture Association of America (MPAA ). Subscriptions to streaming services reached 613 million, a 27 percent increase from the previous year. Oprah’s success on...

Mar 26, 2019