Black Wealth Watch: Uncle Nearest Faces Foreclosure Risk, New Voices Survey Highlights Black Entrepreneurs, And No Black Athletes Make Forbes’ Highest-Paid Winter Olympics List

Tallahassee, FL – MAY 3:Guest Speaker is Fawn Weaver, founder and CEO of Uncle Nearest, Inc. autographs a bottle of Uncle Nearest before the Florida A&M University Commencement Ceremony at Florida A&M University on May 3, 2025 in Tallahassee, Florida. (Photo by Glenn Beil/Florida A&M University via Getty Images) By Kimberly Wilson ·Updated February 6, 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, 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 had us watching one of the most successful Black-owned spirits brands fight for its life in court, confront new data about just how hard Black women have to work for startup capital, and see exactly zero Black athletes on Forbes’ list of highest-paid Winter Olympians. Plus, the return-to-office wars are claiming casualties, and 50 Cent is doing what 50 Cent does best. Let’s get into it!

Uncle Nearest Whiskey Brand Fighting Foreclosure Threat

The whiskey company built around Nathan “Nearest” Green’s story is in serious financial

Kimberly Wilson
Author: Kimberly Wilson

Read the original article on Essence.