Music + Audio$17.7B industry revenue · RIAA 2024no listed Black-owned market valueawaiting filingsBeauty + Personal Care$92.0B industry revenue · P&S Intelligence 2023no listed Black-owned market valueawaiting filingsSports + Sports Media$170B industry revenue · Two Circles 2024no listed Black-owned market valueawaiting filingsFashion + Sneakers$314B industry revenue · TechSci Research 2024no listed Black-owned market valueawaiting filingsFilm + Streaming$46.0B industry revenue · MarketLine 2024no listed Black-owned market valueawaiting filingsCreators + Influencer Marketing$250B industry revenue · Goldman Sachs Research 2023no listed Black-owned market valueawaiting filingsFood + Hospitality$1.1T industry revenue · National Restaurant Association 2024no listed Black-owned market valueawaiting filingsGaming + Esports$188B industry revenue · Newzoo 2024no listed Black-owned market valueawaiting filingsAutomotive Culture$52.6B industry revenue · SEMA 2024no listed Black-owned market valueawaiting filingsFitness + Wellness$22.4B industry revenue · Health & Fitness Association 2023no listed Black-owned market valueawaiting filings
Top Earners · The Urban Magnate™

Beauty + Personal Care

Culture profile

Black consumers buy beauty at a rate far above their share of the population, and founder-led brands have proven that shade inclusivity is a category standard rather than a niche.

Market scale
$9.4B Black consumer beauty spend (NIQ, 2023)
Partnership activity
High — retail distribution and celebrity lines
Revenue channels
Direct to consumer product sales · National retail distribution · Salon and professional channel · Licensing and celebrity collaboration
Source year
2017–2025
17companies · ranked by published financial value
CompanyOperationsTickerAmount · fiscal YTDBlack ownershipTie
Files its own numbers
Black-owned and Black-founded companies standing on their own figures. Private ones file nothing public.
Founded and led by Melissa Butler; sold through Target and Walmart
Cosmetics line
Thread Beauty
Retail distribution
The Lip Bar company site
private
not listed
private — not filed
not disclosed
No ownership percentage published
Not disclosed
Black-owned
Founded by Janell Stephens; independent natural hair care
Hair care
Body care
Retail distribution
Camille Rose company site
private
not listed
private — not filed
not disclosed
No ownership percentage published
Not disclosed
Black-owned
Reports through a parent
Brands inside a listed group. The amount is the parent's filing — parents do not break these brands out.
Founded by Rihanna; built with LVMH
Fenty Beauty cosmetics
Fenty Skin
Fenty Hair
Fenty Eau de Parfum
Fenty Beauty brand site
MC.PA
not filed
50%
Joint venture between Rihanna and LVMH, reported as an even split
Forbes reporting on the Fenty Beauty joint venture
Black-founded
Founded by Monique Rodriguez; joined P&G Beauty in 2023
Hair care line
Mielle Cares initiative
P&G acquisition announcement
PG
not filed
not disclosed
Acquired by P&G Beauty; founder continues to lead the brand
P&G acquisition announcement, 2023
Black-founded
Founded by Tristan Walker; acquired by P&G in 2018
Bevel grooming
Form hair care
P&G acquisition announcement
PG
not filed
not disclosed
Walker & Co. acquired in full by P&G
P&G acquisition announcement, 2018
Black-founded
Founded by Lisa Price; acquired by L'Oréal
Hair and skin care line
L'Oréal brand portfolio
OR.PA
not filed
not disclosed
Acquired in full by L'Oréal; its founder stayed on as an executive
L'Oréal acquisition announcement
Black-founded
Founded by Richelieu Dennis; acquired by Unilever in 2017
SheaMoisture
Nubian Heritage
Madam C.J. Walker Beauty Culture
Nyakio
Sundial Brands portfolio at acquisition
UL
not filed
not disclosed
Sundial Brands acquired by Unilever; founder retained a leadership role
Unilever acquisition announcement, 2017
Black-founded
Textured-hair brand, SoftSheen-Carson
L'Oréal · consolidated into Consumer Products
OR.PA
not filed
not disclosed
No ownership percentage published
Not disclosed
Partnership
Professional textured-hair range
L'Oréal · consolidated into Professional Products
OR.PA
not filed
not disclosed
No ownership percentage published
Not disclosed
Partnership
Founded by Edward and Bettiann Gardner
L'Oréal · consolidated into Consumer Products
OR.PA
not filed
not disclosed
No ownership percentage published
Not disclosed
Black-founded
Sundial Brands, Richelieu Dennis
Unilever · consolidated into Beauty & Wellbeing
UL
not filed
not disclosed
No ownership percentage published
Not disclosed
Black-founded
Revived by Sundial Brands
Unilever · consolidated into Beauty & Wellbeing
UL
not filed
not disclosed
No ownership percentage published
Not disclosed
Black-founded
Textured-hair line, CROWN Act backer
Unilever · consolidated into Beauty & Wellbeing
UL
not filed
not disclosed
No ownership percentage published
Not disclosed
Partnership
P&G platform for Black consumers
Procter & Gamble · consolidated into Beauty
PG
not filed
not disclosed
No ownership percentage published
Not disclosed
Partnership
Developed with Black P&G scientists
Procter & Gamble · consolidated into Beauty
PG
not filed
not disclosed
No ownership percentage published
Not disclosed
Partnership
Scalp care for textured hair
Procter & Gamble · consolidated into Beauty
PG
not filed
not disclosed
No ownership percentage published
Not disclosed
Partnership
Rihanna, with Kendo (LVMH)
LVMH · consolidated into Perfumes & Cosmetics
MC.PA
not filed
not disclosed
No ownership percentage published
Not disclosed
Black-founded

Figures are limited to public filings, live market data and revenue published by a named source. A Black ownership percentage is shown only where a company, a filing or a certifying body has published one; everything else reads "not disclosed" rather than being estimated. Private companies file nothing public, so they carry no amount. Prices and filings are read live from a public market feed. Listed companies link out to their market reference page; every other name opens a details window. Every figure here is in US dollars; a company trading or filing in another currency is converted at the live exchange rate and marked with an asterisk.

The Urban Magnate™ · figures are read from public filings and named public sources.