World
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

By Black Business Review Editorial Team

There are entrepreneurs.
There are executives.
And then there are architects.

Architects don’t just run companies.
They design ecosystems.
They bend capital.
They shift culture.
They move markets.

The EL10 — Executive Leadership 10 — recognizes ten Black leaders whose influence extends beyond profit margins and into legacy, governance, ownership, and institutional control.

This is not about popularity.
This is about power.


1. Aliko Dangote

Industry: Industrial Conglomerates

https://images.openai.com/static-rsc-3/MwVlSOouGpcHNwx6SZfnKoSm8cVE1oJAyX_bYTKi9osXxaVLbbDPIAhuq2jYECE-SRJPwClgHs12igcaaGAtLFRMKgpqVcMHdm1D-tZ0KZc?purpose=fullsize&v=1
https://s7d1.scene7.com/is/image/CENODS/Nigeria-s-huge-Dangote-refinery-and-polypropylene-plant---289998-1%3AWidescreen?%24responsive%24=&fmt=webp&qlt=90%2C0&resMode=sharp2
https://www.enr.com/ext/resources/News/2016/April/Obajana_Plant_Nigeria_e.jpg?height=418&t=1461085334&width=800
 

Dangote did what most thought was impossible — he industrialized at scale in Africa. Cement. Sugar. Salt. And now one of the largest oil refineries on the continent.

He didn’t just build wealth.
He built supply chain dominance.

Lesson: Control production. Control the margins. Control the future.


2. David Steward

Industry: Technology Infrastructure

https://imageio.forbes.com/specials-images/imageserve/67605d074446df854f71c662/0x0.jpg?crop=1362%2C1363%2Cx135%2Cy191%2Csafe&fit=bounds&format=jpg&height=416&width=416
https://www.wwt.com/api-new/attachments/65525caf80600ccd5da2c23d/img
https://www.racksolutions.com/news//app/uploads/AdobeStock_87909563.jpg
 

Founder of World Wide Technology, Steward quietly built a multi-billion-dollar enterprise in enterprise IT — without media theatrics.

He mastered relationships, contracts, and long-term execution.

Lesson: Billion-dollar empires are often built in silence.


3. Robert F. Smith

Industry: Private Equity

https://images.squarespace-cdn.com/content/v1/67b1eccf1b69c13c066a63fc/3ba2d48e-7c86-42fd-b35e-9a19d0c35dbd/Robert%2BF.%2BSmith.png
https://images.squarespace-cdn.com/content/v1/5728dc31c2ea515918b114f6/1462918200261-93PMN7B6UOSK4KSIMPZU/HIPAU_VistaEquityPartnersSF_Reception_150506._smjpg?format=2500w
https://media.licdn.com/dms/image/v2/C4E12AQGU917d_t0OfA/article-cover_image-shrink_720_1280/article-cover_image-shrink_720_1280/0/1527516010092?e=2147483647&t=3_eI8hct2hXnu0Ndz82yUwJ6jFDnFD0RVr5ECNVgzaQ&v=beta
4

Private equity is the real engine room of wealth. Smith understood this early.

Vista Equity Partners reshaped enterprise software investing — disciplined acquisitions, operational efficiency, scale.

Lesson: Own cash-flowing assets. Stack recurring revenue. Multiply.


4. Tope Awotona

Industry: SaaS Technology

https://imageio.forbes.com/specials-images/imageserve/62449077d0f3d5647c31a3b8/0x0.jpg?crop=1677%2C1679%2Cx0%2Cy262%2Csafe&fit=bounds&format=jpg&height=416&width=416
https://images.ctfassets.net/k0lk9kiuza3o/h2lS6lw3W8nv1EgLXZTCM/4e7efa1e76ff5b1c639c02af29f113ab/calendly_io.png?fm=webp&q=85
https://blog.spacematrix.com/sites/default/files/styles/resp_large_breakpoints_theme_archi_dark_wide_1x/public/blog/Resized%20Images-05%20%285%29.jpg
 

Bootstrapped. No flashy Silicon Valley narrative.
Calendly became essential infrastructure for modern scheduling.

Lesson: Solve a small problem globally. Scale digitally.


5. Oprah Winfrey

Industry: Media & Ownership

https://sothebys-com.brightspotcdn.com/dims4/default/cc7b758/2147483647/strip/false/crop/1663x1663%2B0%2B8/resize/900x900%21/quality/90/?url=http%3A%2F%2Fsothebys-brightspot.s3.amazonaws.com%2Fdotcom%2F50%2F4c%2F096641df445580c6ddf909d4ca12%2Fsmg1903-artofgiving-brandnewhires-240n10041-xxxxx.jpg
https://gt-website.transforms.svdcdn.com/production/cloud/Projects1/Oprah-Winfrey-Networks/OWN-2.jpg?dm=1742223728&fit=crop&h=630&q=82&s=d93912b34ae8c29512637b1e0a8480ee&w=1200
https://static.oprah.com/2016/02/201603-omag-wikfs-2-949x534.jpg
 

Oprah transitioned from talent to owner. From personality to platform.

She mastered the pivot: visibility → equity → institutional control.

Lesson: Fame is rented. Ownership is permanent.


6. Jay-Z

Industry: Investment & Brand Strategy

https://images.openai.com/static-rsc-3/_O5OkdvjbKGvnP3Y5p-oBPvcRh4uqiXUQlTrq7H0PiWlr6nwgGvrLa5GAXR-GtCpW4zvJop5S6EJiIZItUT1NvZ1_rj8sPBPmGRjBax-4BY?purpose=fullsize&v=1
https://i.insider.com/5fadb3ff4652d4001974421b?width=700
https://cdn11.bigcommerce.com/s-9hu30/images/stencil/2048x2048/products/394/3230/armand_de_brignac_brut_gold_3l_jeroboam__17018.1662135823.jpg?c=2
 

From music to venture investing, Jay-Z built a diversified portfolio — spirits, tech, sports management.

Lesson: Build cultural leverage. Convert it into capital.


7. Strive Masiyiwa

Industry: Telecommunications

https://s22.q4cdn.com/959853165/files/images/board/TOMTER_0215_masiyiwa_1384.jpg
https://www.pwc.com/gx/en/brand-simplified/hero-images-1600/communications/damil-gettyimages-155429141-1600.jpg
https://www.bio-invest.be/files/BIO-invest/Projects/Africa/Africa_Ugada-TOA/_2200x942_crop_center-center_82_line/DJI_0374-scaled.jpg

Masiyiwa fought regulatory barriers and built telecom infrastructure across Africa.

Lesson: Persistence + policy navigation = continental scale.


8. Sheila Johnson

Industry: Hospitality & Sports Ownership

https://upload.wikimedia.org/wikipedia/commons/f/fc/Sheila_Johnson_at_the_2008_Tribeca_Film_Festival.JPG
https://salamanderresort.com/images/hero/partial/Aerial-3.jpg
https://images.axios.com/iuAiQbsEqWYh1D-Ry8BAeVAXgc4%3D/1920x1920/smart/2021/03/01/1614608914126.png
 
Co-founder of BET, later pivoted into luxury hospitality and sports ownership.

Lesson: Diversify. Exit smart. Reinvest strategically.


9. Michael Jordan

Industry: Sports & Brand Equity

Jordan didn’t just dominate basketball. He built one of the most powerful athlete-owned brands in history.

Lesson: Equity deals > endorsement checks.


10. Janice Bryant Howroyd

Industry: Workforce & Staffing

https://media.heragenda.com/brand-img/15881/0x0/her-agenda-website-featured-image-44-1673840232435.png
https://www.actonegroup.com/images/home/chairs2a.jpg
https://s3-prod.staffingindustry.com/public/styles/media_component_16_9_sm/public/2024-08/workforceecosystem_editorial.png?h=a955cd85
 

Started with $1,500. Built a global workforce solutions empire.

Lesson: Start small. Think global. Execute relentlessly.


Why EL10 Matters

The EL10 isn’t about celebrity.

It’s about:

  • Asset control

  • Institutional ownership

  • Infrastructure dominance

  • Capital allocation power

  • Multi-generational strategy

Black economic power will not be built through consumption.
It will be built through control.

Control of land.
Control of systems.
Control of capital.

And leadership that thinks beyond quarterly earnings — toward generational permanence.