This Is Sad! Wells Fargo Abruptly Closes 12-Year-Old Black CEO’s Business Account

In a shocking and abrupt move, Wells Fargo has closed and zeroed out the business accounts of Beautiful Curly Me, a thriving Black-owned company led by 12-year-old CEO Zoe Oli and her mother, Evana Oli.

The sudden action has left the family-run business without access to its funds for up to 15 days, creating serious financial strain.

Zoe, who founded Beautiful Curly Me at just 7 years old, created the brand to inspire young Black and brown girls through confidence-boosting dolls, books, and accessories.

The company has garnered national attention, having been featured on Good Morning America, Black Enterprise, People Magazine, and more.

The account closures came without warning, and Wells Fargo cited an address discrepancy, despite the company’s office being in a legitimate Atlanta office building.

After reaching out to customer service, Zoe and Evana were told there was nothing to be done, and they would have to wait for a cashier’s check to arrive by mail.

“This is really disheartening and unacceptable,” Zoe expressed in an emotional Instagram video. “We have vendors and bills to pay constantly. Why should Wells Fargo close our accounts and hold our money?”

Beautiful Curly Me has been empowering young girls for over five years, offering products that promote self-love and confidence.

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For every doll sold, the company donates one to a child in need, amplifying its impact within the Black community.

How to Support

To help Beautiful Curly Me navigate this difficult time, supporters are encouraged to shop directly from their website, using the promo code SUPPORT20 at checkout for 20% off their purchase.

Every sale helps keep this inspiring Black-owned business thriving.