What I learned from talking to more than 70 of my peers — and trying to buy a house.
View MoreTag: Black Wealth
Homeowners have lost $156 billion by living in a ‘black neighborhood’ | CNN Business
Homes of similar quality in neighborhoods with similar amenities are worth 23% less in majority-black neighborhoods, compared to those with very few or no black residents.
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Meet the Only Black Woman in the U.S. Who Owns Her Own Bank | Black Business.Org
48-year old Kiko Davis is the majority stockholder of Detroit-based First Independence Bank, one of the top 10 largest Black-owned banks in the United States. This makes her the only Black woman in the country who owns a bank.
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Africa’s youngest billionaire is free 9 days after gunmen seized him | CNN
Tanzanian billionaire Mohammed Dewji, who was seized by gunmen outside a luxury hotel nine days ago, is home safe after his kidnappers freed him, police said.
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Black Billionaire Robert F. Smith, Just Made Another $3 Billion with Sell to Adobe | Black Enterprise
Vista Equity, the private equity firm launched by black billionaire and engineer Robert F. Smith, announced it is selling a cloud-service company it purchased in 2016, Marketo, to Adobe, for $4.7 billion.
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Octavia Spencer-Led Series on Madam C.J. Walker Coming to Netflix | Colorlines
The beauty mogul built a hair care empire and became the first Black female millionaire.
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The Most Successful Ethnic Group in the U.S. May Surprise You | OZY
“Many [Americans] get their understanding of ’the motherland’ through our experiences and stories…”
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The Other Black Wall Streets | The Root
Between the Civil War and the end of Reconstruction, there were many black communities that thrived economically solely based on the black dollar.
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African Americans Have Lost Untold Acres of Land Over the Last Century | The Nation
An obscure legal loophole is often to blame.
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READ: How America Criminalizes Impoverished People of Color | Colorlines
The New Republic breaks down how policy and practice punish the least resourced among us.
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