Black Wealth Watch: Will Smith Joins WNBA Ownership Group, Issa Rae Moves Into TikTok And Kevin Durant Expands Into Real Estate
Welcome to Black Wealth Watch, where we round up the biggest stories in Black business and economic news each week — the wins, the setbacks, the deals getting done, and the conversations we should be having about money, power, and who actually gets a seat at the table.
This week, we’ve got an awkward Black girl going back to her digital roots, a Black-led venture fund closing out an oversubscribed round with millions in institutional backing, Kevin Durant buying up land back home in PG County, a Philly legend (or should we say, a fresh prince?) investing in the city’s first-ever WNBA franchise, and a former entertainment exec betting on women as consumers. Is this thing on?
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