Black Wealth Watch: Adwoa Beauty Could Shut Down, Rashaun Williams Builds $450M Sports Fund, Taye Diggs Expands Into Media Ownership

Essence Magazine:

NEW YORK, NEW YORK – OCTOBER 22: Taye Diggs attends the American Ballet Theatre 2025 Fall Gala at David Geffen Hall on October 22, 2025 in New York City. (Photo by Theo Wargo/Getty Images) By Kimberly Wilson ·Updated May 2, 2026 Getting your Trinity Audio player ready…

Welcome to Black Wealth Watch, where we round up the biggest stories in Black business and economic news each week — the wins,

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