When we look around at the business world, we see Black entrepreneurs building extraordinary things every single day. Companies that span continents. Ideas that reshape industries. Families building the kind of generational wealth that changes destinies. And yet — so few of these stories are told. So few of these journeys are celebrated. So few of these lessons are shared.
That ends today.
BEI Magazine exists for one reason: to make visible the invisible. To celebrate the achievement. To share the knowledge. To create the opportunities. To encourage the collaboration. And to inspire the next generation to dream bigger than they ever thought possible.
In this inaugural issue we begin with a man most of the world has never heard of — yet his fingerprints are on some of the most significant infrastructure assets on the planet. Adebayo Ogunlesi. The man who bought Gatwick. The Nigerian-born financier who proved, quietly and without fanfare, that Black excellence operates at the very highest levels of global finance.
We also celebrate Richard Simpson of Cummin Up — a man who started with a single takeaway in New Cross in 1991 and built something far greater than a restaurant chain. He built a community institution. A family legacy. A living act of love for his neighbourhood.
“We don't need to be told we can. We already are. What we need is a publication that shows us — and the world — just how far we have already come, and how limitless the road ahead truly is.”
— Mark Dalgety, Founder, Black Entrepreneurs InternationalThis is not a magazine about struggle, though struggle is part of every great story. This is a magazine about triumph. About strategy. About wealth. About community. About the future we are building together — one business, one deal, one dream at a time.
Welcome to BEI Magazine. Welcome home.
Adebayo Ogunlesi was born in Nigeria in 1953, the son of a prominent physician. He grew up in a household where education was non-negotiable and ambition was expected. He earned his first degree at the University of Ife in Nigeria, before embarking on an academic journey that would take him to some of the most prestigious institutions in the world.
He studied Philosophy, Politics and Economics at Oxford University. He then earned a law degree and an MBA from Harvard University. He is one of a tiny number of people on the planet to hold degrees from both. After qualifying, he joined Cravath, Swaine & Moore before moving to Credit Suisse First Boston, where he rose to become head of investment banking.
In 2009, amid economic chaos, Global Infrastructure Partners acquired Gatwick Airport from BAA for £1.51 billion. A bold, contrarian bet — buying a major piece of UK infrastructure at the bottom of the market. GIP invested heavily in improving the airport, and when they sold their stake in 2019, Gatwick was valued at approximately £2.9 billion — nearly double what they had paid.
In 2016, GIP also acquired London City Airport. The quiet Nigerian-born financier now held two London airports. In 2024, BlackRock agreed to acquire GIP for approximately $12.5 billion. The Nigerian boy from Ibadan had, by any measure, conquered global finance.
1. The power of contrarian thinking. He looked where others weren't looking and saw value others dismissed.
2. Education as infrastructure. His investment in his own education — Oxford, Harvard, Harvard again — was the foundation on which everything was built.
3. The long game. He spent twenty years learning at the highest levels before he started his own firm.
4. Silence is a strategy. Ogunlesi has never sought fame. He has sought results.
“Most people never knew his name. That was, perhaps, his greatest power. He was building an empire while others were building a profile.”
— BEI MagazineFounded Interswitch, Nigeria's first major fintech, which became Africa's first tech unicorn valued at over $1 billion. Built the infrastructure that powers financial transactions across Africa.
Co-founder of Paystack, acquired by Stripe for over $200 million, making him one of the most celebrated African tech founders of his generation.
“Africa is not waiting to be discovered. Africa is building, funding and scaling world-class businesses right now. The question is not whether Africa will rise. It already has.”
— BEI Magazine, Global SpotlightEvery issue of BEI Magazine will celebrate young Black entrepreneurs who are redefining what is possible. We are actively seeking nominees for our Under 30 features — real people, real stories, real impact.
We are looking for the next generation of Black business builders — the founders, innovators and creators who are quietly building empires before their 30th birthday.
“Every generation of Black entrepreneurs builds a higher floor for the next one. These young founders are not just building businesses — they are building the foundation for the generation that follows them.”
— BEI MagazineProperty remains the most accessible and most proven route to wealth creation for Black entrepreneurs in the UK. The combination of rental income, capital appreciation and leverage makes property uniquely powerful. Yet the Black community remains significantly underrepresented among property investors.
The BEI approach: Start with your own home if possible. Then consider buy-to-let in areas of strong rental demand. Look at HMOs for higher yields. Consider commercial property as your business grows. Think about property in your ancestral homeland as a long-term asset.
One of the most underused wealth-building strategies in the Black community is acquiring existing businesses rather than starting new ones. An established business with proven revenue and existing customers can often be acquired for less than starting from scratch — and generates income from day one.
“Wealth is not what you earn. Wealth is what you keep, what you grow, and what you leave behind. The time to start building it is right now, with whatever you have.”
— BEI Magazine“I built what didn't exist for women who looked like me. A lingerie brand that actually fits, that actually supports, that actually celebrates. Shop. Feel. Empower. Be You.”
“Every client's situation is unique. My job is not to sell them a product — it is to understand their life and protect their future. Financial planning is an act of care.”
“Most people know the brands, the artists, the products — but not the man behind them. That's exactly how I built it.”
“Black women are not just participating in entrepreneurship — they are leading it. When Black women decide to build, what they build is extraordinary.”
— BEI Magazine, Women in BusinessIn plain English: AI is software that can learn from data and make decisions or create content in ways that previously required human intelligence. Tools like ChatGPT, Claude and Gemini can write marketing copy, answer customer queries, analyse data and generate ideas — in seconds, for near-zero cost.
What this means for your business: Tasks that once required a marketing team or customer service department can now be handled — at least in part — by AI tools that cost less than your monthly phone bill. The playing field is being levelled. The question is who picks up the advantage first.
Every Black-owned business with a physical product should have an e-commerce presence. Platforms like Shopify, WooCommerce and Amazon allow any business to sell to any customer, anywhere in the world, at minimal cost. The BEI community has products the world wants — the world just doesn't know about them yet.
“The entrepreneurs who will lead the next decade are not the ones who fear technology. They are the ones who master it first.”
— BEI Magazine“Business is not separate from community. Business IS community. The moment you forget that, you start building something smaller than what you could have built.”
— Richard Simpson, Cummin Up est. 1991
For over twelve years, Richard and Sharon Simpson have provided approximately 150 free Christmas meals to people in need in Lewisham. In January 2026, they catered the 45th anniversary memorial service for the New Cross Fire, attended by Sir Steve McQueen and Baroness Floella Benjamin. In 2024, Richard received the Lewisham Legacy Award from Mayor Brenda Dacres.
Leon Berry's Safe Place 2 Talk provides confidential, non-judgemental mental health support for individuals, families and communities. In a community where mental health remains heavily stigmatised, the work Leon is doing is lifesaving.
Mark Dalgety — 2024 Black British Business Awards Entrepreneurs Senior Leader — founded BEI not to build a directory, but to create a real movement for trade and change. 673+ members. 6 continents. 6 years. A community that is genuinely impacting lives.
“The measure of a business is not only what it earns. It is what it gives. The entrepreneurs who give most generously are, almost without exception, also the most successful.”
— BEI Magazine“The money exists. The programmes exist. The opportunities exist. What has been missing is someone to tell us about them clearly, in plain language, in a publication built for us.”
— BEI Magazine, The Opportunity Hub“The most important meeting of your business life is one you haven't attended yet. Show up. Introduce yourself. Be genuinely curious about the person in front of you.”
— BEI MagazineBEI hosts regular networking events — virtual and in-person — for its 673+ member community. Amplify & Attract members receive access to bi-monthly networking events as part of their membership.
BEI Magazine reaches a highly engaged community of Black entrepreneurs, business owners and investors across the UK and internationally. Our readers are decision-makers, buyers, investors and collaborators — exactly the audience your business needs.
Also in Issue 02: Global Spotlight — Ghana · Women in Business feature · The Blueprint · Wealth & Investment deep dive · New BEI member profiles