Search results for Robert F. Smith

Robert F. Smith Talks ‘XCEL Summit For Men’ And The Unique Role Black People Play In Our Own Future

Robert F. Smith, founder, chairman, and CEO of Vista Equity Partners, says each Black American has a role in the success of other Black people around the world. To Smith,...

Why Robert F. Smith’s Morehouse surprise donation mattered even more after graduation day

Robert F. Smith's 2019 Morehouse College commencement gift stunned graduates by erasing all their student debt, a move that also covered parents' financial burdens. This $34 millio...

BET Founder Robert L. Johnson To Receive XCEL Honors At BLACK ENTERPRISE’s 2026 XCEL Summit For Men

Black Enterprise announced this recognition this week ahead of the annual summit.

Robert Smith Joins AeroVironment as Executive VP, Chief Operating Officer

AeroVironment has tapped Robert “Rob” Smith as executive vice president and chief operating officer. Smith’s appointment, which will become official April 13, underscores AV’s focu...

This billionaire is capping his kids’ inheritance at 8 figures—like Bill Gates, he thinks generational wealth is bad for...

Voyager founder Dylan Taylor says his kids will inherit millions, not billions—he'd rather fund philanthropy than future generations he'll never meet.

Rev. Dr. W. Franklyn Richardson Drops A Word On Transgenerational Wealth

It took Rev. Dr. W. Franklyn Richardson 30 seconds to inspire a little more than 700 Black men at the 2025 XCEL Summit for Men. Rev. Richardson, the senior pastor...

Founder of Collapsed MFS Faces 1.3 Billion Creditor Claim

Founder of Collapsed MFS Faces 1.3 Billion Creditor Claim

British Billionaire Chris Rokos Makes Largest Modern-Era Gift to Cambridge

Hedge fund billionaire Chris Rokos is pledging £190 million to launch a new school of government at Cambridge in what marks the largest modern gift to a U.K. university.

Meet all 37 White House ballroom donors funding the $400 million build, including Silicon Valley tech giants, crypto bro...

The list, reviewed by Fortune, did not mention specific dollar amounts offered by each contributor.

From the Streets to the C-Suites

At the 2025 XCEL Summit for Men, honoree John Hope Bryant, founder, chairman, and CEO of Operation Hope, rallied the audience to draw lessons from the past, using Frederick Douglas...

GOP megadonor, WeatherTech founder sells mansion for $34M after massive price drop

David MacNeil, a Republican megadonor and the billionaire founder of WeatherTech, sold a waterfront mansion in Fort Lauderdale for $34 million. The price marks a 32 percent price c...

$4.2 Million and Counting: Atlanta HBCU Scholarship Initiative Powers First Spring Graduates

Less than a year into the 10-year program, the Arthur M. Blank Family Foundation grant is helping students overcome financial barriers.

He Built a Multibillion-Dollar Tech Giant. Now He’s Running for Mayor to Fix a ‘Broken’ City Using a Founder’s Playbook

Cornerstone OnDemand founder Adam Miller turned ADP and Workday—two companies that should have been his fiercest competitors—into his best strategic partners.

OpenAI president discloses his stake in the company is worth $30B

Greg Brockman, OpenAI's president and CEO Sam Altman's top lieutenant, disclosed in court Monday that his stake in the artificial intelligence company is worth nearly $30 billion.

Red Light Management Founder Coran Capshaw to Be Honored at T.J. Martell Foundation’s NY Gala

Capshaw personally manages Dave Matthews Band, Phish, Chris Stapleton and The Strokes, among others. 

Billionaire Michael Dell started his company in his University of Texas dorm room. Now, he’s betting on AI with a $750 m...

This gift pushes the Dells’ donations to UT Austin over $1 billion.

Frederick Cortez Lee Jr: From East St. Louis to Multi-State Business Leadership

Frederick Cortez Lee Jr is an American entrepreneur and founder of Debt Elimination Group, Inc., a company he launched in 1998 in Fayetteville, North Carolina. His career has been...

David MacNeil sells another Fort Lauderdale mansion for $26M

David MacNeil, the billionaire founder of the car mats maker WeatherTech, just sold a beachfront Fort Lauderdale mansion –– again.  MacNeil sold the mansion at 3052 North Atlantic...

OpenAI co-founder discloses nearly $30 billion stake, financial ties to Altman

Greg Brockman Defends $30B OpenAI Stake: ‘Blood, Sweat, and Tears’

OpenAI’s cofounder and president revealed in federal court on Monday that he’s one of the largest individual stakeholders in the AI lab.

MacKenzie Scott Has Donated Over $1 Billion To HBCUs — And She’s Not Slowing Down

MacKenzie Scott has completely changed how people think about funding for historically Black colleges and universities. Her total donations to HBCUs now range between $1.1 billion...

Detroit Native Marcel Smith Opens Chick-Fil-A Near His Childhood Neighborhood

The restaurant officially opened on April 2 and is expected to provide about 120 jobs in the Downriver community

Civil rights attorney Ben Crump, LL Cool J team up to close wealth gap through financial platform DreamFi

DreamFi is designed to meet people where they are by helping unbanked and underbanked Americans with the financial tools they

Famous Amos Continues The Legacy Of Founder Wally Amos With Initiative To Fund Black Entrepreneurs

Baby Boomer retirements are creating a massive wealth-transfer moment — and an unexpected opportunity for Black entrepreneurship.