In May, he pledged to pay off $34 million of loans for its graduating class. [mc4wp_form id=”6042″] His commencement address in May offered the usual inspirational platitudes and advice to serve the common good. But then Smith—whose personal worth is about $6 billion, according to Bloomberg data, which makes him the wealthiest black American—followed up […]
View MoreTag: Robert F Smith
Could black philanthropy help solve the black student debt crisis? | The Conversation
Mako Fitts Ward, The Conversation Left to Right: Jay-Z, Robert F. Smith and LeBron James. Featured Image [dropcap]When[/dropcap] billionaire Robert E. Smith decided to pay off the student loans of the graduating class of 2019 at Morehouse College, he suggested that others follow his lead. [mc4wp_form id=”6042″] “Let’s make sure every class has the same […]
View MoreNow the Richest Black American, He’s Also One of America’s Biggest Philanthropists | Inside Philanthropy
Ade Adeniji, Inside Philanthropy [dropcap]Throughout[/dropcap] most of my (still relatively) young writer’s lifetime, Oprah Winfrey loomed large as the pinnacle of black American financial success. The 64-year-old Oprah recently denied presidential bid rumors on the heels of a rousing speech, and stars in the new Disney film A Wrinkle in Time, opening this week. Oprah […]
View MoreBlack Philanthropy! Billionaire Robert F. Smith Donates $1.5 Mil to Morehouse College | The Network Journal
Billionaire Robert F. Smith has donated a cool $1.5 million to the preservation and programs of the beloved Morehouse College, a fixture in the HBCU community located in Atlanta, Georgia.
View MoreBlack 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.
View MoreAt Carnegie Hall, a New Leader With a Son Named Hendrix
Robert F. Smith, the private equity titan who was named the richest African-American man by Forbes last year after making a fortune in software, also has a quirky musical side.
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