Ronald Read passed away June 14th 2014 as a janitor in a local JC Penny at the ripe age of 92. Friends and family were astounded he bequeathed a little over $5 million to a local hospital and over $3 million to his family. Continue reading Blog 76: How Ronald Read Amassed $8 Million Net Worth As A Cleaner.
Many are under a fallacy that owning just one home is an asset, this cannot be farther from the truth and as a matter of fact could be one of the biggest liabilities ever if your financial obligations are not in order. Continue reading Blog 76: Why Owning A Home Is Not Really An Asset But A Liability.
Robert Kiyosaki clearly differentiates rich people as having a lots of money, while the wealthy don’t really have to worry about money. After a little bit of research, I find it to be quite possibly true. Continue reading Blog 76: Rich People Talk, Wealthy People Whisper.
What makes this article interesting is not because of the usual mundane celebrity hoopla. It is very informative for those who inspire to one day quit active labour where we sell our time for money to a more passive one where our assets work for us. Continue reading Blog 76: Kanye West Leverages Passive Income To Become The Highest Paid Black Celebrity Of 2019.
The Xenophobic attack reported in South Africa last week has propelled foreigners who were mostly Nigerians to leave South Africa for good, some of whom have lived there for more than three decades. Continue reading Blog 76: Hundreds of Nigerians Repatriated From South Africa After Xenophobic Attack.
Patricia Spottedcrow (L), Brooke Richardson (R)
Discrimination is everywhere. But, Anyone who is well travelled or at least watch the news regularly will understand that the most racially domineering country on this planet has to be between United States of America or South Africa. Continue reading Blog 76: Travesty Of Justice or A System Plagued with Racism?
$5, 475,000 on cocaine is a lot of money even as a seller’s capital, but sniffing that amount of drugs through your nose or wherever is surprising how one of Hip Hop’s legend is still alive. Continue reading Blog 76: Flavor Flav Spent $2,500 On Crack Cocaine Everyday For Six Years Straight.
It is a common knowledge to most people that raising a child is empirically one of the toughest, perhaps the most challenging jobs and all your child (or children) really owe you is to do well later in life or else the years of labour and sacrifice in nurturing could be interpreted as a waste of time. Continue reading Blog 76: Florida Teenager Stole Parents Money, Attempted Using Funds to Hire Hitmen to Murder Them.
Bill Gates at Fatima Dangote’s Wedding in Nigeria.
Generational wealth is simply quantified by the number of assets passed down from one generation to another. Why it is imperative to talk about it is the same reason blacks don’t own anything of significance today. Centuries of head start were passed down to whites descendants, thanks to the days of slavery. Continue reading Blog 76: Generational Wealth. What Does It Really Mean In Our Community?
He is the chairman and chief executive officer of Louis Vuitton Moet and Hennessy (LVMH), recently named the second richest man on earth with a net worth of $100.8 billion. Continue reading Blog 76: Bernard Arnault Is Now The Third Human Being to Reach Twelve Figures Net Worth.
