Meet The Two Women And Two Ventures Tackling The Same Mission Of Building Black Wealth

“One of the key tenants of our mission is to build Black wealth and to build equity for our community, especially for Black women, or the CEOs of home, culture, and community,” Pauline Malcolm-Thornton, chief revenue officer at Essence Ventures, said. “So you’ll see that permeated, not just through the festival, but through our content. You go to the marketplace, and there are over 250 Black-owned businesses that make the majority of their revenue in these three days at the Essence Festival, for the entire year. So, closing that wealth and pay gap is at the epicenter of our mission and super-serving the Black audience we’ve been serving for over 50 years.”