Posts tagged as:

minority wealth

How Much Musicians Really Make in the Industry Part I

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In the music industry, numbers are the name of the game. While your favorite artists may flaunt the fast life vigorously, there’s a 98% chance that they’re even making bank from their record sales. Despite the cars, jewelry, fashion, etc., the likelihood of these same artists being able to afford the lifestyle portrayed in their [...]

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Black Families Far from Wealth Equality with White Families

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It’s the year 2010, and the US has historically elected its first black president. Race relations surely have made great strides over the previous decades. However, statistics suggest something different. Black wealth in comparison to their white counterparts is dismal. It’s a report that we wish we’d never have to state, but it must be [...]

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Inspirational Video: The Savvy 14 Year Old Investor

This video clip featured on World Star Hip Hop was awesome because it featured a savvy fourteen-year-old kid by the name of Damon Williams. The kid knows his stuff and has amassed over $50,000 in worth. Our highlights: • He’s a bright young black male. • He goes around teaching investing knowledge to other young [...]

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Minorities Sidestep Banks: What Are We Afraid of?

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Whilst minorities work within the systems of society, they largely remain distrustful of them. While they go to work and earn paychecks, only a portion of those will deposit their checks with a banking system. USA Today revealed an alarming statistic that 53% of African American homes and 43 % of Hispanic homes resort to [...]

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Encouraging Black Wealth

Towards the end of July, Black Enterprise began a series called “Establishing a Legacy of Wealth”. It tackled a lot of prominent issues. The truth is that people are migrating to this country from other countries and racking in the dough. They’re sending their kids to Ivy League schools and helping their children start their [...]

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