Forbes has unveiled its highly anticipated 2025 ranking of the World’s Black Billionaires, featuring 23 trailblazers whose combined wealth totals an impressive $96 billion. The list spans industries from entertainment and sports to technology and manufacturing, spotlighting global icons like Oprah Winfrey, Rihanna, Jay-Z, and LeBron James.
But this year, a new name is capturing attention: Dr. Herriot Tabuteau, the Haitian-American founder of Axsome Therapeutics, who makes his debut at #21 with an estimated net worth of $1.1 billion.
A Billion-Dollar Vision in Mental Health Innovation
Dr. Tabuteau’s rise is a testament to the transformative power of pharmaceutical innovation. As the founder, CEO, and chairman of Axsome Therapeutics, he has dedicated his career to tackling unmet needs in mental health and neurological disorders. The New York-based company has pioneered treatments for conditions such as major depressive disorder, migraine, and agitation linked to Alzheimer’s disease.
Since its founding in 2012, Axsome has experienced rapid growth, going public on Nasdaq (AXSM) and earning FDA approval for breakthrough drugs like Auvelity (for major depressive disorder) and Sunosi (for narcolepsy).
From Haiti to the Global Stage
Born in Haiti before immigrating to the United States, Dr. Tabuteau’s story is one of resilience, perseverance, and excellence. He earned his medical degree from Yale University, later combining his expertise in medicine with experience in finance and healthcare investment. His career path eventually led him to entrepreneurship, where he now stands as both a physician-scientist and business leader.
Tabuteau’s name appears on numerous patents, reflecting his hands-on role in drug development beyond boardroom leadership. His success marks a historic momen
t, as he becomes the first Haitian-born individual to appear on Forbes’ global billionaire ranking—a powerful
inspiration for the Haitian diaspora and communities around the world.
A Legacy in the Making
Dr. Tabuteau’s estimated $1.1 billion fortune stems largely from his significant stake in Axsome Therapeutics, a company in which he continues to demonstrate strong long-term confidence by holding onto his shares.
His recognition on the Forbes list not only cements his place among the world’s most successful Black entrepreneurs but also highlights the global impact of Haitian talent and innovation.
![Three of the Haitian music industry’s most recognizable names did not roll on Eastern Parkway for this year’s West Indian American Day Parade. The West Indian American Day Carnival Association says T-Vice, Tony Mix and SakPase Nation were barred because they failed to meet carnival rules. The bands tell a different story. T-Vice says it was not refused and chose to stay off the route. Tony Mix publicly announced he would not take part.
The annual parade stepped off Monday, Sept. 7, along Brooklyn’s Eastern Parkway. Days earlier, The Haitian Times reported that WIADCA had kept the three groups off the official lineup. As of that Thursday, five other Haitian groups had been approved to participate. Haitian flags, mas and music were still on the Parkway. The missing piece was the big konpa trucks that usually stop traffic.
Cecile Ford is WIADCA’s board secretary and chair of the Mas Committee. She said organizers had warned the groups that the rules would be enforced.
“We’ve tried to work with them and each year there was a promise… they just take it as a joke,” Ford said. Ford later pointed to overcrowding on trucks as a safety problem.“We have pictures & photos [they] were not compliant with the number of people they have on their trucks, which is a security issue & safety issue,” she said.
WIADCA’s written rules state only bands with a WIADCA permit can enter the parade. Participants must be costumed. Artist trucks, advertising trucks and “T-shirt bands” are excluded. Band leaders are required to put marshals on the route, keep vehicles insured and stay within height and safety limits set with police and the city. Failure to comply can mean removal from the parade.
T-Vice answered Ford by name. The band said it was not refused. T-Vice said the Parkway absence was its own choice, while the carnival association said the group was barred. Tony Mix also spoke with an official announcement circulated that he would not take part in the 2026 Labor Day carnival. SakPase Nation did not respond.
Haitian mas and music was still on the route, including Lespri Ayiti and RAM among groups carrying the Haitian presence.
#lunionsuite #haitianamerican](https://www.lunionsuite.com/wp-content/uploads/2026/09/809209156_18633930094023307_3630959692441275516_n-512x640.jpg)
![Three of the Haitian music industry’s most recognizable names did not roll on Eastern Parkway for this year’s West Indian American Day Parade. The West Indian American Day Carnival Association says T-Vice, Tony Mix and SakPase Nation were barred because they failed to meet carnival rules. The bands tell a different story. T-Vice says it was not refused and chose to stay off the route. Tony Mix publicly announced he would not take part.
The annual parade stepped off Monday, Sept. 7, along Brooklyn’s Eastern Parkway. Days earlier, The Haitian Times reported that WIADCA had kept the three groups off the official lineup. As of that Thursday, five other Haitian groups had been approved to participate. Haitian flags, mas and music were still on the Parkway. The missing piece was the big konpa trucks that usually stop traffic.
Cecile Ford is WIADCA’s board secretary and chair of the Mas Committee. She said organizers had warned the groups that the rules would be enforced.
“We’ve tried to work with them and each year there was a promise… they just take it as a joke,” Ford said. Ford later pointed to overcrowding on trucks as a safety problem.“We have pictures & photos [they] were not compliant with the number of people they have on their trucks, which is a security issue & safety issue,” she said.
WIADCA’s written rules state only bands with a WIADCA permit can enter the parade. Participants must be costumed. Artist trucks, advertising trucks and “T-shirt bands” are excluded. Band leaders are required to put marshals on the route, keep vehicles insured and stay within height and safety limits set with police and the city. Failure to comply can mean removal from the parade.
T-Vice answered Ford by name. The band said it was not refused. T-Vice said the Parkway absence was its own choice, while the carnival association said the group was barred. Tony Mix also spoke with an official announcement circulated that he would not take part in the 2026 Labor Day carnival. SakPase Nation did not respond.
Haitian mas and music was still on the route, including Lespri Ayiti and RAM among groups carrying the Haitian presence.
#lunionsuite #haitianamerican](https://scontent-yyz1-1.cdninstagram.com/v/t51.82787-15/809209156_18633930094023307_3630959692441275516_n.jpg?stp=dst-jpg_e35_tt6&_nc_cat=108&ccb=7-5&_nc_sid=18de74&efg=eyJlZmdfdGFnIjoiQ0FST1VTRUxfSVRFTS5iZXN0X2ltYWdlX3VybGdlbi5DMyJ9&_nc_ohc=x34GLS09I-MQ7kNvwFqHCNl&_nc_oc=AdowqDCN9YT1Ab6Xr9C2sg7ga-9vqDxpgpSPQVu_SMkTWY4MV-DSZ2lzrsiKmJkeEI4&_nc_zt=23&_nc_ht=scontent-yyz1-1.cdninstagram.com&edm=ANo9K5cEAAAA&_nc_gid=qlB1vP6V_eDQg1o7FGdtOg&_nc_tpa=Q5bMBQL-bKN_EHZ9Gzp5Rk9r2OzSJ1HKHdYF3wRo8SXze8kPvQ696AO-fQX8qH2durYArOjcy2b3tYRb&oh=00_AQJYJ5-vca4WTXW0SF8NeZC34lm9RovgQb3DXZk0AlsT0Q&oe=6AB0ECDD)
![Three of the Haitian music industry’s most recognizable names did not roll on Eastern Parkway for this year’s West Indian American Day Parade. The West Indian American Day Carnival Association says T-Vice, Tony Mix and SakPase Nation were barred because they failed to meet carnival rules. The bands tell a different story. T-Vice says it was not refused and chose to stay off the route. Tony Mix publicly announced he would not take part.
The annual parade stepped off Monday, Sept. 7, along Brooklyn’s Eastern Parkway. Days earlier, The Haitian Times reported that WIADCA had kept the three groups off the official lineup. As of that Thursday, five other Haitian groups had been approved to participate. Haitian flags, mas and music were still on the Parkway. The missing piece was the big konpa trucks that usually stop traffic.
Cecile Ford is WIADCA’s board secretary and chair of the Mas Committee. She said organizers had warned the groups that the rules would be enforced.
“We’ve tried to work with them and each year there was a promise… they just take it as a joke,” Ford said. Ford later pointed to overcrowding on trucks as a safety problem.“We have pictures & photos [they] were not compliant with the number of people they have on their trucks, which is a security issue & safety issue,” she said.
WIADCA’s written rules state only bands with a WIADCA permit can enter the parade. Participants must be costumed. Artist trucks, advertising trucks and “T-shirt bands” are excluded. Band leaders are required to put marshals on the route, keep vehicles insured and stay within height and safety limits set with police and the city. Failure to comply can mean removal from the parade.
T-Vice answered Ford by name. The band said it was not refused. T-Vice said the Parkway absence was its own choice, while the carnival association said the group was barred. Tony Mix also spoke with an official announcement circulated that he would not take part in the 2026 Labor Day carnival. SakPase Nation did not respond.
Haitian mas and music was still on the route, including Lespri Ayiti and RAM among groups carrying the Haitian presence.
#lunionsuite #haitianamerican](https://scontent-yyz1-1.cdninstagram.com/v/t51.82787-15/788924694_18633930097023307_3043638025784358712_n.jpg?stp=dst-jpg_e35_tt6&_nc_cat=110&ccb=7-5&_nc_sid=18de74&efg=eyJlZmdfdGFnIjoiQ0FST1VTRUxfSVRFTS5iZXN0X2ltYWdlX3VybGdlbi5DMyJ9&_nc_ohc=2C7Wl-aKuL0Q7kNvwF0SU-y&_nc_oc=AdqS67UJ5kM67AfhglIGf79iRqaHlSsnp0FyZd7KoG7qEtb5unEgcDoOFORhGwog7BI&_nc_zt=23&_nc_ht=scontent-yyz1-1.cdninstagram.com&edm=ANo9K5cEAAAA&_nc_gid=qlB1vP6V_eDQg1o7FGdtOg&_nc_tpa=Q5bMBQI1s5GYu7aaG0jgGZVu2P_IvMpC7yCMPrTtiZ2LtWYnNCEmUty78rNy79sBQ_qp9X6J5aHzHWdC&oh=00_AQK3KjdJkhVDxEBGidExGQ1pLdOoLIK8fADPc03fJDf3Qw&oe=6AB11186)
![Three of the Haitian music industry’s most recognizable names did not roll on Eastern Parkway for this year’s West Indian American Day Parade. The West Indian American Day Carnival Association says T-Vice, Tony Mix and SakPase Nation were barred because they failed to meet carnival rules. The bands tell a different story. T-Vice says it was not refused and chose to stay off the route. Tony Mix publicly announced he would not take part.
The annual parade stepped off Monday, Sept. 7, along Brooklyn’s Eastern Parkway. Days earlier, The Haitian Times reported that WIADCA had kept the three groups off the official lineup. As of that Thursday, five other Haitian groups had been approved to participate. Haitian flags, mas and music were still on the Parkway. The missing piece was the big konpa trucks that usually stop traffic.
Cecile Ford is WIADCA’s board secretary and chair of the Mas Committee. She said organizers had warned the groups that the rules would be enforced.
“We’ve tried to work with them and each year there was a promise… they just take it as a joke,” Ford said. Ford later pointed to overcrowding on trucks as a safety problem.“We have pictures & photos [they] were not compliant with the number of people they have on their trucks, which is a security issue & safety issue,” she said.
WIADCA’s written rules state only bands with a WIADCA permit can enter the parade. Participants must be costumed. Artist trucks, advertising trucks and “T-shirt bands” are excluded. Band leaders are required to put marshals on the route, keep vehicles insured and stay within height and safety limits set with police and the city. Failure to comply can mean removal from the parade.
T-Vice answered Ford by name. The band said it was not refused. T-Vice said the Parkway absence was its own choice, while the carnival association said the group was barred. Tony Mix also spoke with an official announcement circulated that he would not take part in the 2026 Labor Day carnival. SakPase Nation did not respond.
Haitian mas and music was still on the route, including Lespri Ayiti and RAM among groups carrying the Haitian presence.
#lunionsuite #haitianamerican](https://scontent-yyz1-1.cdninstagram.com/v/t51.82787-15/793639979_18633930061023307_6775081790007234048_n.jpg?stp=dst-jpg_e35_tt6&_nc_cat=103&ccb=7-5&_nc_sid=18de74&efg=eyJlZmdfdGFnIjoiQ0FST1VTRUxfSVRFTS5iZXN0X2ltYWdlX3VybGdlbi5DMyJ9&_nc_ohc=959UMb3qNvsQ7kNvwH6rJK5&_nc_oc=AdoHvjiCVJ4RZCft2Zf1MqTKYnS3MeeZCdOl2uaqrtKnTljvUZTVU0tPPq5vVVaaMfI&_nc_zt=23&_nc_ht=scontent-yyz1-1.cdninstagram.com&edm=ANo9K5cEAAAA&_nc_gid=qlB1vP6V_eDQg1o7FGdtOg&_nc_tpa=Q5bMBQJuKAOOqNEZULTIo3TOU9IrwMHYGLHExT5GjSty82rbVDg_9gbh6qQsnzQt5aMQKF1r9IDzgiW-&oh=00_AQJe7TmB5PkTL0Pbh2hAhL-9hDCcoVKJqd7Dv665B4RI2A&oe=6AB0F2D4)
![Three of the Haitian music industry’s most recognizable names did not roll on Eastern Parkway for this year’s West Indian American Day Parade. The West Indian American Day Carnival Association says T-Vice, Tony Mix and SakPase Nation were barred because they failed to meet carnival rules. The bands tell a different story. T-Vice says it was not refused and chose to stay off the route. Tony Mix publicly announced he would not take part.
The annual parade stepped off Monday, Sept. 7, along Brooklyn’s Eastern Parkway. Days earlier, The Haitian Times reported that WIADCA had kept the three groups off the official lineup. As of that Thursday, five other Haitian groups had been approved to participate. Haitian flags, mas and music were still on the Parkway. The missing piece was the big konpa trucks that usually stop traffic.
Cecile Ford is WIADCA’s board secretary and chair of the Mas Committee. She said organizers had warned the groups that the rules would be enforced.
“We’ve tried to work with them and each year there was a promise… they just take it as a joke,” Ford said. Ford later pointed to overcrowding on trucks as a safety problem.“We have pictures & photos [they] were not compliant with the number of people they have on their trucks, which is a security issue & safety issue,” she said.
WIADCA’s written rules state only bands with a WIADCA permit can enter the parade. Participants must be costumed. Artist trucks, advertising trucks and “T-shirt bands” are excluded. Band leaders are required to put marshals on the route, keep vehicles insured and stay within height and safety limits set with police and the city. Failure to comply can mean removal from the parade.
T-Vice answered Ford by name. The band said it was not refused. T-Vice said the Parkway absence was its own choice, while the carnival association said the group was barred. Tony Mix also spoke with an official announcement circulated that he would not take part in the 2026 Labor Day carnival. SakPase Nation did not respond.
Haitian mas and music was still on the route, including Lespri Ayiti and RAM among groups carrying the Haitian presence.
#lunionsuite #haitianamerican](https://scontent-yyz1-1.cdninstagram.com/v/t51.82787-15/809209149_18633930070023307_3587221757907574561_n.jpg?stp=dst-jpg_e35_tt6&_nc_cat=107&ccb=7-5&_nc_sid=18de74&efg=eyJlZmdfdGFnIjoiQ0FST1VTRUxfSVRFTS5iZXN0X2ltYWdlX3VybGdlbi5DMyJ9&_nc_ohc=sYH5oewDRocQ7kNvwFk8Eq8&_nc_oc=Adpwz3K5sapCkiMCDx4LctPqoIenB0Nce8S0xMHw-b-HP0E3OWmHWtHLSPU4-nwMh-c&_nc_zt=23&_nc_ht=scontent-yyz1-1.cdninstagram.com&edm=ANo9K5cEAAAA&_nc_gid=qlB1vP6V_eDQg1o7FGdtOg&_nc_tpa=Q5bMBQK6ob3lrLwMAQUwWe15FVuiP24U-2z13S8BEnVPFPVZCM35oUsLdUBbPdqIBx8XyeMe5WlWrjvK&oh=00_AQJNgEuvmCjMtKeDfeDv1XnisQ2E5TyN0BAilBjf9UmU0A&oe=6AB0E8FE)
![Three of the Haitian music industry’s most recognizable names did not roll on Eastern Parkway for this year’s West Indian American Day Parade. The West Indian American Day Carnival Association says T-Vice, Tony Mix and SakPase Nation were barred because they failed to meet carnival rules. The bands tell a different story. T-Vice says it was not refused and chose to stay off the route. Tony Mix publicly announced he would not take part.
The annual parade stepped off Monday, Sept. 7, along Brooklyn’s Eastern Parkway. Days earlier, The Haitian Times reported that WIADCA had kept the three groups off the official lineup. As of that Thursday, five other Haitian groups had been approved to participate. Haitian flags, mas and music were still on the Parkway. The missing piece was the big konpa trucks that usually stop traffic.
Cecile Ford is WIADCA’s board secretary and chair of the Mas Committee. She said organizers had warned the groups that the rules would be enforced.
“We’ve tried to work with them and each year there was a promise… they just take it as a joke,” Ford said. Ford later pointed to overcrowding on trucks as a safety problem.“We have pictures & photos [they] were not compliant with the number of people they have on their trucks, which is a security issue & safety issue,” she said.
WIADCA’s written rules state only bands with a WIADCA permit can enter the parade. Participants must be costumed. Artist trucks, advertising trucks and “T-shirt bands” are excluded. Band leaders are required to put marshals on the route, keep vehicles insured and stay within height and safety limits set with police and the city. Failure to comply can mean removal from the parade.
T-Vice answered Ford by name. The band said it was not refused. T-Vice said the Parkway absence was its own choice, while the carnival association said the group was barred. Tony Mix also spoke with an official announcement circulated that he would not take part in the 2026 Labor Day carnival. SakPase Nation did not respond.
Haitian mas and music was still on the route, including Lespri Ayiti and RAM among groups carrying the Haitian presence.
#lunionsuite #haitianamerican](https://scontent-yyz1-1.cdninstagram.com/v/t51.82787-15/806298814_18633930079023307_5240743489890819950_n.jpg?stp=dst-jpg_e35_tt6&_nc_cat=110&ccb=7-5&_nc_sid=18de74&efg=eyJlZmdfdGFnIjoiQ0FST1VTRUxfSVRFTS5iZXN0X2ltYWdlX3VybGdlbi5DMyJ9&_nc_ohc=JU6IDP_NkRAQ7kNvwGfn0dr&_nc_oc=AdodvcfcPm44koOpzSTOCErsPDONaFZ_QLfgYMtozzJNRqpTvybWCeMMsYnm2J9cuiU&_nc_zt=23&_nc_ht=scontent-yyz1-1.cdninstagram.com&edm=ANo9K5cEAAAA&_nc_gid=qlB1vP6V_eDQg1o7FGdtOg&_nc_tpa=Q5bMBQKUafMnB1Ijgdy2xv-tORivQEi4eK_iP68XuZLjZqma1eMBZs3fos9KKkcroJ925w8rpv8LCaQ4&oh=00_AQIh7G-bKCYVSEzSZCHZumDOwvS_ms5If9v7EJJouDRzsQ&oe=6AB0FAB9)
![Three of the Haitian music industry’s most recognizable names did not roll on Eastern Parkway for this year’s West Indian American Day Parade. The West Indian American Day Carnival Association says T-Vice, Tony Mix and SakPase Nation were barred because they failed to meet carnival rules. The bands tell a different story. T-Vice says it was not refused and chose to stay off the route. Tony Mix publicly announced he would not take part.
The annual parade stepped off Monday, Sept. 7, along Brooklyn’s Eastern Parkway. Days earlier, The Haitian Times reported that WIADCA had kept the three groups off the official lineup. As of that Thursday, five other Haitian groups had been approved to participate. Haitian flags, mas and music were still on the Parkway. The missing piece was the big konpa trucks that usually stop traffic.
Cecile Ford is WIADCA’s board secretary and chair of the Mas Committee. She said organizers had warned the groups that the rules would be enforced.
“We’ve tried to work with them and each year there was a promise… they just take it as a joke,” Ford said. Ford later pointed to overcrowding on trucks as a safety problem.“We have pictures & photos [they] were not compliant with the number of people they have on their trucks, which is a security issue & safety issue,” she said.
WIADCA’s written rules state only bands with a WIADCA permit can enter the parade. Participants must be costumed. Artist trucks, advertising trucks and “T-shirt bands” are excluded. Band leaders are required to put marshals on the route, keep vehicles insured and stay within height and safety limits set with police and the city. Failure to comply can mean removal from the parade.
T-Vice answered Ford by name. The band said it was not refused. T-Vice said the Parkway absence was its own choice, while the carnival association said the group was barred. Tony Mix also spoke with an official announcement circulated that he would not take part in the 2026 Labor Day carnival. SakPase Nation did not respond.
Haitian mas and music was still on the route, including Lespri Ayiti and RAM among groups carrying the Haitian presence.
#lunionsuite #haitianamerican](https://scontent-yyz1-1.cdninstagram.com/v/t51.82787-15/806298829_18633930142023307_1624406619840916561_n.jpg?stp=dst-jpg_e35_tt6&_nc_cat=107&ccb=7-5&_nc_sid=18de74&efg=eyJlZmdfdGFnIjoiQ0FST1VTRUxfSVRFTS5iZXN0X2ltYWdlX3VybGdlbi5DMyJ9&_nc_ohc=sKWnTcy_VlAQ7kNvwGCmhxy&_nc_oc=AdqvFfjX_kn-mTDnUKIP8dtT-baGWOg-iCYo3fFbWLtRf5RE118QJG9tBiT0-lgJU_Q&_nc_zt=23&_nc_ht=scontent-yyz1-1.cdninstagram.com&edm=ANo9K5cEAAAA&_nc_gid=qlB1vP6V_eDQg1o7FGdtOg&_nc_tpa=Q5bMBQKhvaor3bRStWf3w6477576MuNa2LVCyqjwTGKuzdVq5fN9uy16KTuuj0oRxi_NkYb7M4ZW7jKk&oh=00_AQIClBxZmws_BVVC4dFXOIReLmTjks3tiAYOEUwKXTEmaw&oe=6AB0FCB2)
