What's New

Total Posts : 86 posts

News

Carol’s Daughter Returns to Black Leadership—Lisa Price Partners with New Owner

In a landmark move within the beauty industry, Carol’s Daughter, the trailblazing haircare brand founded by Lisa Price in 1993, has transitioned back to independent ownership. After more than a decade under L’Oréal USA, the brand is now co-owned by Lisa Price and finance veteran Joe Wong, marking

OBWS

27 Mar 25 1 min read

Entrepreneur Spotlight

This Black Woman Invented The World's First Game-Changing Eyewear Product

Eyeglass cleaning has never been the same since Eyeglass EGGs hit the market. Behind this groundbreaking invention is a visionary entrepreneur with a dynamic background in tech, fitness, and audiobook narration. In this exclusive interview, we speak with Dori Young, the founder of Clean Peepers, who shares how she turned

OBWS

24 Mar 25 4 min read

News

More Corporations Have Slashed DEI Initiatives - Part 2

We previously published a list of the major corporations that have rolled back their commitments to diversity, equity, and inclusion (DEI). Unfortunately, that list continues growing. Companies that once publicly pledged to support marginalized communities are now quietly scaling back or completely eliminating these initiatives. Whether it's due

OBWS

21 Mar 25 4 min read

Black Excellence

Meet Sherrexcia Rolle: The President & CEO Of The Largest Black-Owned Airline

Based out of San Andros International Airport on Andros Island in the Bahamas, Western Air Limited was established in September 2000 by Captain Rex J. Rolle and his wife, Shandrice Woodside-Rolle. According to their website, the couple “fused their knowledge, experience and passion for aviation to provide an alternative, reliable

OBWS

18 Mar 25 1 min read

Black Owned Businesses

He Opened The First Black-owned Grocery Store in Tulsa in 50 Years

In May 2021, Oasis Fresh Market opened its doors in Tulsa, Oklahoma, marking a significant milestone as the city's first Black-owned grocery store in over half a century. This initiative addresses food insecurity in underserved communities and symbolizes economic empowerment and community revitalization. For over a decade, North

OBWS

17 Mar 25 2 min read

News

Corporations Remaining Committed to Their DEI Initiatives

In the face of increasing scrutiny and political pressures, several prominent corporations have denounced their DEI policies while others have boldly reaffirmed their dedication to Diversity, Equity, and Inclusion (DEI) programs. Today we’re highlighting those companies that are standing firmly by their DEI initiatives, recognizing that fostering an inclusive

OBWS

14 Mar 25 4 min read

Black Owned Businesses

6 Black-Owned Jewelry and Watch Brands to Have On Your Radar

Jewelry has always been more than just an accessory—it’s a statement, a reflection of heritage, culture, and personal style. This National Jewel Day, we’re celebrating Black-owned brands that are redefining the industry with their creativity, craftsmanship, and commitment to excellence. From handcrafted jewelry with cultural influences to

OBWS

13 Mar 25 2 min read

News

Toxic Chemicals Found In Braiding Hair Used By Black Women - Use These Black-Owned Alternatives

A recent investigation by Consumer Reports has raised significant concerns regarding the safety of synthetic braiding hair commonly used in the Black community for various hairstyles. The study analyzed ten popular synthetic hair-braiding brands, including X-Pression, Sassy Collection, and Sensationnel, and discovered the presence of harmful chemicals in all samples

OBWS

12 Mar 25 2 min read

Black Owned Businesses

15 Black-Owned Health & Wellness Brands to Get Your Life Right

What do you think of when you hear “health and wellness?” Most probably think of physical fitness, and while that is essential, it goes beyond that. It spans to mental health and includes internal health. Several Black-owned brands are emphasizing health and wellness and creating safe spaces for their community.

OBWS

10 Mar 25 6 min read

News

Official Black Wall Street Launches Exclusive Club & Safe Haven For Black Founders

Official Black Wall Street (OBWS), the premier digital platform dedicated to empowering Black-owned businesses, is proud to announce the launch of The OBWS Founders Club—an exclusive membership community designed to empower, connect, and uplift Black entrepreneurs with the network and resources tailored for long-term success. At a time when

OBWS

10 Feb 25 2 min read

News

The List of Corporations Slashing DEI Initiatives

In 2020, the racial reckoning sparked by the murder of George Floyd led corporations to make sweeping promises about diversity, equity, and inclusion (DEI). Many pledged millions of dollars, launched new initiatives, and vowed to create meaningful change. Fast forward to 2024 and 2025, and we’re seeing a troubling

OBWS

27 Jan 25 4 min read

Business Tips

Unlocking Growth: The Proven Strategy Behind the 4Ps of Marketing

Running a successful business takes grit and vision, but it also takes a really strong marketing strategy. Having a good marketing plan can be elusive, especially for new business owners stepping out on their own for the first time. But there is a formula that provides a roadmap to success.

OBWS

25 Nov 24 4 min read

Black History

Meet The Recently-Elected Black Officials Who Made History During The 2024 Elections

Within the Black community, the age-old saying that “we have to work twice as hard to be half as good” is not just mere rhetoric - it is a powerful truth for a people whose journeys have been marked by systemic barriers and challenges. This means that access to political

Hayley-Ann Mark

21 Nov 24 4 min read

Entrepreneur Spotlight

Meet The Woman Transforming Lives With A Groundbreaking Skincare Brand

Meet Jasmine Nelson, a trailblazer who turned her lifelong struggle with PCOS and hirsutism into Umber by J. Lenay—a brand that’s changing the game for women who face similar challenges. Driven by her personal experience and determination, she developed the Hair Reducing Fade Oil, the brand’s hero

OBWS

20 Nov 24 7 min read

Black History

Monroe Nichols Makes History as Tulsa’s First Black Mayor

Monroe Nichols has made history as the first Black mayor elected in Tulsa, Oklahoma. This election is a significant milestone, not only for the city but also for the entire state, which continues to grapple with its history and the legacy of the 1921 Tulsa Race Massacre. Monroe Nichols has

OBWS

07 Nov 24 1 min read

Black History

Historic Milestone: Two Black Women to Serve Together in the U.S. Senate for the First Time

In a groundbreaking moment for American politics, Delaware Representative Lisa Blunt Rochester and Prince George’s County, Maryland Executive Angela Alsobrooks have both won their races for U.S. Senate, becoming the first Black women to serve together in the chamber. Their victories double the number of Black women who

OBWS

06 Nov 24 2 min read

Black Owned Businesses

19-Year-Old Chris Knight Opens Second Location Of Cookie Chris In Richmond, VA

Who knew that a penchant for baking with his grandmother would lead to Chris Knight owning not one, but two, brick and mortar cookie shops at just age 19? During the COVID-19 lockdown, when most social activities were restricted, Chris’ parents encouraged him to spend his time doing something productive.

Hayley-Ann Mark

04 Nov 24 1 min read

Black History

From Whence They Came: A Glimpse Into The Gullah Geechee Cultural Heritage Corridor

You may remember Gullah Gullah Island, the tv show from the 90s that brought Binyah Binyah and the bright sunny weather into our homes. What you may not know is that this beloved tv show, which celebrated its 30th anniversary in October, was inspired by the real culture of the

Hayley-Ann Mark

01 Nov 24 3 min read

Black Excellence

The Black Wall Streets You May Not Have Heard Of

When we hear the phrase the “Black Wall Street”, we automatically think of the Greenwood District in Tulsa, Oklahoma. More than just a thriving community, this neighborhood was a Black utopia that flourished in spite of the oppressive grip of segregation; yet, any mention of this community simultaneously invokes two

Hayley-Ann Mark

29 Oct 24 4 min read

Black Owned Businesses

Game, Set, Glo: Tennis Champion, Sloane Stephens, Serves Up New Body Care Line, Doc & Glo

Tennis champion, Sloane Stephens, is serving up something fresh off the court - her own all-gender body care line, Doc & Glo. Inspired by her personal journey and named after her maternal grandparents who instilled in her the importance of caring for both her mind and body, Stephens is transforming

Hayley-Ann Mark

16 Oct 24 1 min read

What's New

The Richest Black Families In The World... Worth Billions!

When we think of generational wealth and financial influence, it’s important to recognize the growing number of Black families who have built extraordinary wealth, breaking barriers in industries such as business, entertainment, sports, and politics. These families are not just accumulating riches for themselves; they are creating legacies and

OBWS

15 Oct 24 3 min read

Black Excellence

Red Lobster Appoints Black Millennial As New CEO

After facing bankruptcy, Red Lobster has a new captain steering the ship, and it’s none other than a Florida-based Black millennial. From transforming P.F. Chang’s to now taking the helm at one of America’s most iconic seafood brands, he’s ready to revitalize Red Lobster and

OBWS

11 Oct 24 2 min read

black authors

Stories That Shape Our World – How Colin Kaepernick’s AI-Based Platform, Lumi, Is Diversifying Storytelling

The stories that we consume, and engage with, directly inform how we understand the world; however, for years, the Publishing industry has been criticized for its lack of diversity in storytelling. Historically, this meant that the most widely consumed books often reflected a narrow world view, capturing limited experiences, perspectives,

Hayley-Ann Mark

10 Oct 24 2 min read

What's New

20 Black-Owned Resorts & Hotels Around The World

Anguilla Great House Beach Resort (Rendezvous Bay, Anguilla) Anguilla is a very small, British territory in the Caribbean, so if you’re looking to relax in the sun for a tropical vacation, head to Rendezvous Bay to visit the Anguilla Great House Beach Resort. The hotel has access to the

OBWS

26 Sep 24 3 min read

What's New

Official Black Wall Street Teams Up With JP Morgan Chase To Celebrate Black Business Month

Official Black Wall Street (OBWS), the foremost platform dedicated to promoting and supporting Black-owned businesses, is thrilled to announce the launch of the Black-Owned Showcase in celebration of Black Business Month. This initiative, proudly sponsored by JP Morgan Chase, is aimed at shining a spotlight on the excellence of Black

OBWS

05 Aug 24 1 min read

Black History

What Is Juneteenth and Why Do We Celebrate It?

What is Juneteenth? Now that Juneteenth has been declared a federal holiday, millions of Americans will have a day off for an event they know little about. The history of the United States is centuries old, and still, while most people are aware of the significance of July 4, 1776,

OBWS

19 Jun 24 3 min read

News

Atlanta Falcons Gain Four New Black Owners: Will Packer, Dominique Dawes, Rosalind Brewer, and Rashaun Williams

The Atlanta Falcons have announced the addition of four new limited partners to their ownership group: Rosalind Brewer, Dominique Dawes, Will Packer, and Rashaun Williams. This landmark decision was approved by the NFL’s full ownership during the league meetings in Nashville, and it represents a significant step forward in

OBWS

18 Jun 24 3 min read

News

Mattel Is Honoring Venus Williams With Her Own Barbie Doll

In celebration of its 65th anniversary, Barbie is honoring nine trailblazing woman athletes with one-of-a-kind dolls in their likeness, including the legendary tennis star Venus Williams. This initiative by Mattel not only commemorates Barbie’s legacy but also aims to empower young girls by showcasing real-life role models who have

OBWS

17 Jun 24 2 min read

News

Oklahoma Supreme Court Dismisses Reparations Lawsuit by Tulsa Race Massacre Survivors

The Oklahoma Supreme Court has dismissed a lawsuit filed by the last known living survivors of the 1921 Tulsa Race Massacre. The case, initiated by Lessie Benningfield Randle, 109, and Viola Fletcher, 110, sought reparations for the devastating attack on the Greenwood district, historically known as "Black Wall Street.

OBWS

17 Jun 24 3 min read

News

Beauty Founder Makes History As The First Creator to Hit $1 Million In Sales In One TikTok Live Session

Stormi Steele, the visionary founder and CEO of Canvas Beauty, recently made history by becoming the first creator on TikTok to earn over $1 million during a single live session. This achievement, realized Saturday, June 8, 2024, underscores Steele’s drive, innovative spirit, and commitment to her brand's

OBWS

14 Jun 24 2 min read

News

Meet the Black Entrepreneurs Transforming Shipping Containers into Affordable Homes

Jessica Lewis and Ibrahim Smith are not only disrupting traditional building methods but also pioneering an innovative approach to affordable housing. As the founders of MOBU Enterprises, they are transforming shipping containers into disaster-resistant, sustainable homes, marking a significant milestone for Black-owned businesses in the construction sector. The inception of

OBWS

13 Jun 24 2 min read

Black Excellence

Chicago Teen Makes History as The Youngest Person in The US to Earn a Doctoral Degree

On May 6, 2024, Dr. Dorothy Jean Tillman II walked across the stage at Arizona State University, marking a significant milestone as the youngest person in the United States to earn a doctoral degree. This remarkable achievement is the latest chapter in the educational journey of this extraordinary Chicago native,

OBWS

12 Jun 24 2 min read

News

This 1-Year-Old Set The Guinness World Record as The Youngest Male Artist In The World

In a remarkable feat that has captured the world’s attention, Ace-Liam Nana Sam Ankrah, a one-year-old from Ghana, has been recognized by Guinness World Records as the world’s youngest male artist. This extraordinary achievement sets a new benchmark for toddler prodigies and highlights the profound impact of nurturing

OBWS

06 Jun 24 2 min read

News

Federal Appeals Court Blocks Fearless Fund from Issuing Grants to Black Women Entrepreneurs

In a devastating ruling, the U.S. Court of Appeals for the 11th Circuit has temporarily halted the Fearless Fund, a Black-owned venture capitalist firm, from awarding grants exclusively to Black women entrepreneurs. This decision arises from a lawsuit challenging the legality of the fund's racial criteria for

OBWS

05 Jun 24 3 min read

Black Excellence

The WNBA's Angel Reese Becomes Co-Owner of Professional Soccer Club

Angel Reese, the former LSU women’s basketball standout and current WNBA rookie with the Chicago Sky, is making waves both on and off the court. Reese, who was selected seventh overall in the 2024 WNBA Draft, has now ventured into the world of professional soccer by becoming a co-owner

OBWS

04 Jun 24 2 min read

Listicles

30 Black-Owned Brands You Can Shop at Target

When Black-owned brands make their way onto the shelves of big box retailers, it’s time for us to show up and show out. While it is important to support these brands through their own avenues, showing up at stores like Target sends a different message. It says, yes, we

OBWS

22 May 24 13 min read

News

Slutty Vegan Founder Pinky Cole Hayes Gifts $8.9M To Savannah State University Graduates

Savannah State University’s class of 2024 received a remarkable graduation gift, setting them up for success in the entrepreneurial world. Pinky Cole Hayes, the founder of Slutty Vegan and Bar Vegan, announced during her commencement speech that she would be gifting $8.9 million to the Georgia Historically Black

OBWS

13 May 24 2 min read

News

Ashanti And Nelly Become Co-Owners of At-Home Fertility and Hormone Testing Company, Proov

Music icons Ashanti and Nelly have announced their engagement and the impending arrival of their first child together. But amidst the excitement of expanding their family, the power couple has also unveiled a new venture they're embarking on: co-ownership of Proov, an at-home fertility and hormone testing company.

OBWS

26 Apr 24 2 min read

News

Black-Woman-Owned Beauty Brand Acquired by West Lane Capital Partners

In a significant move within the beauty industry, Mented Cosmetics, a pioneering Black woman-owned beauty brand, has been acquired by West Lane Capital Partners. The acquisition marks a new chapter for Mented Cosmetics, known for its inclusive range of makeup products catering to women of all complexions. Co-founded in 2017

OBWS

25 Apr 24 2 min read

News

This Black Woman-Owned Electric Company Secured Six-Figure Deal with Utility Giant

Detroit Voltage, a pioneering Black woman-owned electrical contracting firm based in Detroit, has achieved a significant milestone by securing a six-figure deal with DTE Energy, the largest electric utility company in Michigan. This deal not only signifies a momentous achievement for the company but also highlights the entrepreneurial spirit and

OBWS

23 Apr 24 2 min read

News

Richelieu Dennis’ Sundial Media Group Acquires Refinery29: Expanding Cultural Reach in Media

In a significant move that underscores the ever-evolving landscape of media and entertainment, Richelieu Dennis' Sundial Media Group (SMG) has recently acquired Refinery29 (R29), a prominent digital media platform focusing on multigenerational women. The acquisition, which adds another powerhouse to SMG's growing portfolio, marks a pivotal moment

OBWS

22 Apr 24 2 min read

News

Tatyana Ali Launches 'Baby Yams' Quilt Line To Support Black Maternal Health

Amidst the buzz of Black Maternal Health Week, actress and singer Tatyana Ali unveiled a heartfelt surprise for her fans – the launch of her new line of baby quilts, affectionately named "Baby Yams." The limited-edition collection, a testament to Ali's creative talents and her commitment to

OBWS

17 Apr 24 2 min read

News

Jamie Foxx Unveils New Whiskey Brand With Partner

Academy Award-winning actor, comedian, and musician Jamie Foxx has joined forces with spirits incubator WES Brands to introduce a new whiskey brand: Brown Sugar Blend (BSB). BSB Whiskey is not just another spirit on the shelf; it's a labor of love that took over two years of meticulous

OBWS

15 Apr 24 2 min read

Black Owned Businesses

27 Black-Owned Health & Wellness Brands to Get Your Life Right

What do you think of when you hear “health and wellness?” Most probably think of physical fitness, and while that is essential, it goes beyond that. It spans to mental health. It includes feminine and internal health. Several Black-owned brands are emphasizing health and wellness and creating safe spaces for

OBWS

10 Apr 24 7 min read

Entrepreneur Spotlight

Haitian-American Entrepreneur Promotes Health & Wellness with Alkemy Superfoods

For 29-year-old Haitian American entrepreneur, Jamaal Mondesir, the launch of Alkemy Superfoods in the summer of 2020 served as the introduction of his passion and goal of providing not only a health and wellness brand but also a lifestyle platform full of education, research, and awareness. As his very first

OBWS

08 Apr 24 4 min read

News

Serena Williams Launches Inclusive Make Up Line: Wyn Beauty

Serena Williams, renowned as the queen of the tennis court, is now making strides in the beauty industry with the launch of her inclusive makeup line, Wyn Beauty. Inspired by her passion for both victory and beauty, Williams introduces a range that embodies her ethos of empowerment and inclusivity. With

OBWS

03 Apr 24 2 min read

News

This 14-Year-Old Created A Watch To Detect The Signs Of Stroke

14-year-old Naya Ellis has had a passion for science since childhood, driven by her aspiration to make a meaningful difference in the medical realm. Her journey traces back to the age of 7 when she tended to her mother, battling breast cancer, diligently changing bandages in a gesture of love

OBWS

02 Apr 24 2 min read

Listicles

25 Black-Hosted Podcasts for Embracing the Black Experience

Let’s keep it real. We have all had those days where we can’t stand any TV show or movie that comes across our screen. Instead of wasting time trying to find something to watch, subscribe to a podcast. Whether you are using them for education, relaxation, or comedy,

OBWS

01 Apr 24 6 min read

Listicles

17 Lingerie Brands Made By and For Black Women

Everyone wants to get sexy from time to time. There’s something about lingerie that makes us feel good about ourselves. And whether you’re putting it on for yourself or a significant other, you should feel good when you wear it. Some of the most popular lingerie brands feel

OBWS

29 Mar 24 9 min read

What's New

Meet The Black-Owned Brand Bringing Luxury & Sustainability To Your Work Bag

Life in corporate America can be challenging, especially for Black professionals. When you’re not faced with career politicking, you’re often left with making sure your natural appearance is “appropriate” for the workplace. While we’ve thankfully gotten away from made up issues surrounding Black hair, T|W Tote

OBWS

28 Mar 24 10 min read

What's New

ATL's The Beverly Elevates Black Excellence With Cuisine, Cocktails, & Culture

Episode three of the Black-Owned Series takes us down to Atlanta, Georgia, where host Michelle Blue visits the new restaurant and sports lounge, The Beverly. Since opening, they’ve quickly become a favorite for their unique food, delicious cocktails, live music, and our particular favorite, a lit brunch. The restaurant

OBWS

27 Mar 24 1 min read

Business Tips

10 Ways to Educate Yourself in Business Without Going Back to School

Higher education used to be looked upon as a necessity for career opportunities and opened doors. While that continues to be true, there is another association that higher education has - debt. Undergraduate, graduate, and postgraduate degrees are often synonymous with thousands of dollars, and many of us don’t

OBWS

26 Mar 24 5 min read

What's New

Tubi's Acquisition By Fox And The Concerning Impact on The Black Community

Four years ago on March 17th, 2020, Fox Corporation acquired Tubi for an estimated $440M. The acquisition has since sparked discussions about the potential implications for Black viewers and content representation within the streaming platform. The platform has seen a near 60% growth in 2023 thanks to a rise in

OBWS

25 Mar 24 3 min read

What's New

Meet Sandra Douglass Morgan, The NFL’s First Black Female President

In 2020, Jason Wright became the first Black team President in NFL history. Since then, there has been a notable increase in Black NFL team presidents, with the New York Times analysing that currently, more than 15% of the league’s presidents are Black. In July 2022, Sandra Douglass Morgan,

OBWS

21 Mar 24 1 min read

What's New

Meet The 20-Year-Old Artist, Athlete, And Student Who Built a Lucrative Creative Empire

Gabby Anderson is not only a Division 1 athlete and Ivy League student, but she is also an artist and successful entrepreneur with many corporate and celebrity clients (including several NBA and WNBA stars) and viral moments under her belt. Gabby's venture into the world of custom shoe

OBWS

20 Mar 24 1 min read

What's New

Master P and Snoop Dogg File Lawsuit Against Walmart And Post Foods Over Cereal Venture

In a recent announcement, it has come to light that Master P and Snoop Dogg, known not only for their rap careers but also for their business ventures, are encountering obstacles in their cereal business due to alleged actions by major industry players. The duo has reportedly taken legal action,

OBWS

19 Mar 24 2 min read

What's New

The Richest Black Communities in the United States

What do you imagine when you think of Black communities? Society and entertainment still shape Black communities to solely mirror “ghettos.” It’s the 2020s. There is more to Black communities than what you see on TV and film. While shows and movies are showing poverty and crime, that’s

OBWS

18 Mar 24 6 min read

What's New

Black-Owned Wineries To Add To Your 2024 Wine Trail

When we think of wineries, we hardly give much consideration to the ownership; however, the reality reveals a significant lack of diversity within the industry. According to the Association of African American Vintners, of more than 1,000 wineries within the United States, less than 1% are Black owned. There

OBWS

15 Mar 24 3 min read

Business Tips

10 Tips for Starting Your Business Right Now | Advice from 6 Black Business Owners

It's never too late to start. If you’re a budding entrepreneur with dreams and a vision, now is the time to start your business. While this can seem daunting, thousands of successful business owners have started where you are now, with an idea and the hopes of

OBWS

14 Mar 24 7 min read

News

Kai Cenat Becomes First Streamer To Partner With Global Shoe Giant, Nike

Whether you’re a Twitch user or not, if you are on social media, you’ve surely come across viral clips of Kai Cenat. Named one of Rolling Stone’s 20 most influential creators in 2023, the 22-year-old won the Streamer of the Year Award at the 2023 Streamer Awards,

OBWS

13 Mar 24 1 min read

Black Owned Businesses

Inside Rihanna's Reign: From Island Gyal To Self-Made Billionaire

When Rihanna said “that Rihanna reign just won’t let up”, we hope you listened, because she’s proven it time and time again. One of the most influential artists of the 21st century, Rihanna can boast a range of accomplishments and accolades. Not only is she the 11th national

OBWS

12 Mar 24 4 min read

Entrepreneur Spotlight

How Souadou Niang Went From Housekeeping To Owning A 5-Star Luxury Boutique Hotel

In 1993, at age 18, Souadou Niang emigrated from her home in Dakar, Senegal, to New York to further her education. Four years later, she moved to Washington, D.C., where she attended Nova Community College, Virginia, for liberal arts and communication studies. There, she came across the Ritz Carlton.

OBWS

11 Mar 24 1 min read

Black Owned Businesses

10 Black-Owned Clothing Brands From Around The World To Have On Your Radar

Although New York Fashion Week is now long over, and we still have a few months to go before Summer, let’s be real – is there ever a wrong time to indulge our shopping habit? (hint: the answer is no!) As we celebrate Women's History Month, off the

OBWS

09 Mar 24 3 min read

What's New

A Timeline of Beyoncé’s Many Wins (and Fails) In Business

With an estimated net worth of $800 million, Beyoncé Giselle Knowles-Carter is undoubtedly a multi-generational cultural icon who dominates off the stage as well (just ask the Beyhive). Having recently launched her haircare brand, Cécred (pronounced sacred), she’s fulfilling one of her lifelong dreams of creating hair products that

OBWS

08 Mar 24 4 min read

News

Black-Woman Owned Firm Selected To Develop And Operate NYC’s $25 Million Innovation Hub For Black And Woman-Owned Businesses

According to a 2022 report by McKinsey & Company on Black Representation in the Beauty Industry, Black consumers are responsible for 11.1% of total beauty spending; yet, Black brands make up a mere 2.5% of revenue in the industry. While Black consumers possess a penchant for Black brands,

OBWS

07 Mar 24 2 min read

Black Excellence

How Issa Rae Went From Awkward Black Girl To Serial Entrepreneur

Issa Rae can confidently boast about her multiple nominations, awards, and accolades, including her Emmy and Peabody Trailblazer Awards, her contribution to one of 2023’s most hyped films, Barbie, and her recent recognition by Time Magazine as one of the leaders working to close the racial wealth gap. We

OBWS

05 Mar 24 3 min read

Black Excellence

Cheers To Uncle Nearest, The Black Woman-Owned Premium Whiskey Valued At Almost $1 Billion

Fawn Weaver is the CEO and founder of Uncle Nearest, a Black woman-owned premium whiskey brand that has become the fastest-growing American whiskey brand in U.S history, one of the top-selling Black-owned spirits, and the most award-winning American whiskey of 2019 and 2020. Uncle Nearest Premium Whiskey, which was

OBWS

04 Mar 24 1 min read

Black Excellence

Meet Dr. Iman Abuzeid: At The Helm of A Unicorn Startup

In 2017, Iman Abuzeid founded Incredible Health in an attempt to address the nursing shortage faced by American hospitals, which has resulted in burnout, frustration, and stress among healthcare professionals. Through Incredible Health, she is connecting qualified nurses with hospitals and cutting the hiring process down from the 90-day national

OBWS

29 Feb 24 1 min read

Black Excellence

Soaring To New Heights: Zoey Williams Becomes Air Canada’s First Black Female Pilot To Fly A Boeing 777

“If you have a burning desire to do something, don’t bury it. Keep your focus, build your networks, share your goals and show your passion in everything you do.” – Zoey Williams We love witnessing Black History in the making and 27-year-old Zoey Williams keeps hitting milestone after milestone. In

OBWS

28 Feb 24 1 min read

black history month

Museums And Sites To Visit During Black History Month And Beyond

Black History Month is all about celebrating Black people, Black culture and Black achievements and contributions to society. However, we can’t do this without a proper appreciation for Black history, which informs much of the Black experience today. Museums have always provided an excellent space to expand our minds

OBWS

24 Feb 24 5 min read

Black History

16 Wealthy Black Americans from Black History

Curated by Irene Smalls, MBA What do a scoundrel, a lady of the evening, a slave owner, an explorer, and businessmen have in common? They all became rich Black figures in American History. From the early days of struggle against slavery to the present era of groundbreaking achievements, Black individuals

OBWS

23 Feb 24 6 min read

Black Owned Businesses

Black-Owned Wine Brands Owned By Your Favorite Celebrities

Last year, our Insecure Queen, Issa Rae, launched Viarae, her own line of Prosecco intended to help everyone celebrate La Dolce Vita. Described as a bright, crisp, lively and refreshingly refined take on the classic Italian sparkling wine, Viarae is a sliver of nostalgia for those of us who still

OBWS

22 Feb 24 3 min read

What's New

Black-Owned Nonprofit Announces Plans To Purchase Skid Row Grocery Store

Black-led nonprofit, Creating Justice LA, recently announced its plans to purchase the Skid Row People’s Market. Located at 5th and San Pedro Streets, Downtown LA, the Market has been an enduring community hub for this Los Angeles neighborhood. The previous owner, Danny Park, took over the business from his

OBWS

18 Feb 24 1 min read

Black History

6 Must-Read Books By Black Authors

Standing imposingly along West Africa’s Gold Coast are two of approximately 40 castles originally constructed in Ghana for European traders - Cape Coast and Elmina. Powerful symbols of the Transatlantic slave trade, they are relics of a harrowing past, whose legacy continues to reverberate. Engraved on their walls are

OBWS

17 Feb 24 4 min read

Black Owned Businesses

Black-Owned Haircare Brands Making Life A Tad Bit Easier

Over the years, the natural hair movement has been reenergized, blossoming into not just a potent force for empowerment, but also a necessary one that has challenged societal norms and stereotypes. Transcending a mere phenomenon, the movement has been a vital catalyst for broader conversations on the importance of representation,

OBWS

16 Feb 24 3 min read

Black Excellence

A Portfolio Of 20 Airport Restaurants Results In $50M In Revenue For This Entrepreneur

In 2023, CEO of H&H Hospitality, Randy Hazelton, was on track to earn $50M in revenue, and is expected to reach $100M by 2025. Originally founded in 2007, H&H is one of Hartfield Jackson Airport’s biggest food vendors; however, to achieve this milestone, Hazelton had

OBWS

15 Feb 24 1 min read

What's New

Monique's Controversial Journey From Comedy Queen to Serial Entrepreneur

Mo’Nique, known for her comedic genius, captivating performances, and more controversial moments, has left an undeniable mark on the entertainment industry. From her breakout roles in film and television to her stand-up comedy specials, Mo'Nique's professional career has been defined by her boldness, and willingness

OBWS

14 Feb 24 1 min read

What's New

Meet Jeremiah Fennell: The 11-Year-Old Reporter Living His Dream

Recently, young journalist, Jeremiah Fennell, captured the hearts of NFL players and fans. In the lead up to the Super Bowl, all eyes were on him in Las Vegas as he conducted interviews with charm and confidence. At the tender age of 11, Jeremiah had 49ers George Kittle asking “Goodness

OBWS

14 Feb 24 2 min read

News

Issa Rae Is Launching A Studio To Create Opportunities For Creators

Issa Rae is expanding her business portfolio with a new up and coming venture. In a recent conversation with Time Magazine, the multifaceted actress and producer unveiled an array of new projects and ventures coming down the pipeline. Issa Rae is emphatically signaling that she's far from reaching

OBWS

13 Feb 24 1 min read

News

Social Media Reacts to Black-Founded Brand The Honey Pot Being Acquired

Did you know that The Honey Pot, a popular Black-founded feminine care company, was recently acquired? Well you’ve come to the right place. We’re here to give you all of the details including what people online have to say about the acquisition. While the acquisition has led to

OBWS

08 Feb 24 1 min read

News

Black Woman-Owned Eyewear Brand Makes History With Major Distribution Deal in 900 Retail Stores

Founded in 2019 to address the need for better-fitting, vibrant eyewear, Vontélle Eyewear has become more than just a brand – it's a movement. And now, the brand is also making history. The Black and woman-owned brand kicked off Black History Month with a history-making collaboration between National Vision,

OBWS

07 Feb 24 2 min read

News

Byron Allen Submits Bid To Purchase Paramount Global For $14.3B

According to The Hollywood Reporter, Allen Media Group extended a $14.3 billion offer to acquire the remaining shares of Paramount Global. If green-lit, this deal would encompass Paramount's debt, estimated at around $15 billion. According to the outlet, a statement indicated, "Mr. Byron Allen submitted a

OBWS

01 Feb 24 1 min read

Black Owned Businesses

18 Black-Owned Wine Brands To Support Today

Did you know that less than 1% of winemakers are Black? Yes, you heard correctly. That’s why we’re excited to bring you this round up of Black-owned brands you can support! But first… Welcome back to Official Black Wall Street, the largest app and digital platform connecting you

OBWS

29 Jan 24 1 min read

Entrepreneur Spotlight

The 10 Wealthiest Black Entrepreneurs in America

In this video we're going to discuss the 10 wealthiest Black entrepreneurs in America today. These individuals have built successful businesses and have amassed impressive fortunes along the way. Get ready to be inspired by their incredible journeys and the impact they have made in their respective industries.

OBWS

24 Jan 24 1 min read

What's New

3 Tips to Get Your Small Business Through Tax Season

Tax filing season is here. Most founders would prefer to focus on their business rather than dive into the minutiae of tax forms and filing deadlines. Fortunately, there are a few steps you can take to get your startup’s taxes completed on time and with as little disruption to

OBWS

15 Jan 24 2 min read

Business Tips

3 Ways to Make the Best Connection With Customers

No matter how amazing a company’s products or services are, it’s impossible to survive without customers. Whether it’s a steady stream of new customers or a revolving door of loyal ones, forming a strong connection with your clientele is the best way to keep them invested in

OBWS

02 Jan 24 4 min read

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