Black Business

Forbes Confirms That This Black Woman Entrepreneur is Worth Almost $500 Million

Fawn Weaver

Fawn Weaver, the founder of Uncle Nearest, the fast-growing Black-owned whiskey brand, has been recognized by Forbes as one of the wealthiest self-made women in the United States, boasting a net worth nearing $500 million.

According to Forbes, her wealth is estimated at approximately $480 million, securing her the 68th spot on Forbes‘ Richest Self-Made Women list.

The journey began in 2017 when Weaver and her husband, Keith, made a bold move. They sold all their property on the West Coast, including their dream home in Old Agoura, California, and two Mini Coopers, as reported by Forbes.

Despite the substantial risks involved, including damaged credit scores, Weaver stayed true to her vision.

“The right money will find you if you’re turning down the wrong money,” Weaver told Essence.

Indeed, in under a decade, Uncle Nearest has surged to a valuation exceeding $1.1 billion, with projected revenues of over $100 million for this year alone.

Be sure to follow Fawn Weaver on Instagram @Fawn.Weaver

Learn more about her brand via its official website

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