The traditional veneration of the corporate plantation as a source of income, has blurred the already nebulous fine line of what real wealth is amongst black community worldwide. Continue reading Blog 76: The Mirage Of Black Middle Class By Anne Helen Petersen.
A very interesting research on how kids from poor upbringing end up becoming (by far) more materialistic than those who are born rich. Continue reading Blog 76: Poverty and Materialism- A Look at Impoverished Versus Affluent Children.
First of all, who are we to comment on how a billionaire conducts her business. But there is one thing that is plain to see, there is more than meets the eye. Someone who is reported to be worth almost $3 billion would not give up control of her flagship business. Most importantly, not for $36 million. Continue reading Blog 76: Oprah Sells Off Oprah Winfrey Network For Pennies On The Dollar.
Patrick Bet-David is an Iranian American financier and entrepreneur. Born in Iran in 1978 and migrated to the United States 1990, PBD was not wealthy at birth and had to work immensely hard for $150 million he is supposedly worth today. Continue reading Blog 76: The Rules Of Money As Explained By Patrick Bet-David
The Covid-19 pandemic awoke the consciousness of many who were programmed by design, to think having a job, no matter how “secure” it is perceived to be, is ebbing its way to extinction. Continue reading Blog 76: Our Community Seek Job Opportunity More Than Creating One.
The poor, middle class and rich are three different state of mind that are engineered by the system, which is then taught and passed down through family generation. Continue reading Blog 76: The Middle Class Is The New Poor- A Class To Avoid If You Can.
According to an extensive research published by the Financial Times article, the average white household in Britain has a net worth of £282,000. Indian household peaked at £266,000 and the black Caribbean’s are currently at £89,000, while Black Africans and Bangladesh households are at the bottom of the list on £24,000 and £22,000 respectively. So why is this? Continue reading Blog 76: Ethnic Wealth Gap In United Kingdom Is Astronomical
The South African tech wunderkind has etched his name in history again, surpassing Bill Gates to become the second richest man on earth, Continue reading Blog 76: Elon Musk Becomes The First CEO In History To Earn $100 Billion In 8,760 Hours
John Stith Pemberton
The moral of this article is the importance of generational wealth building (and financial literacy) which is severely lacking in black community, mainly due to the traditional “job” culture that have been passed down through generations. Typically when the breadwinner dies in a black family, posterity starts all over. Continue reading Blog 76: Coca-Cola Now Worth $230bn Was Started By A Drug Addicted Pharmacist & Slave Owner.
The misconception surrounding how capital and income are interpreted could not be more evident, especially when it relates to the increasing wealth divide pandemic between the rich and the average joe. Continue reading Blog 76: The Difference Between Capital and Income
