ฝัง
- เผยแพร่เมื่อ 20 ก.ย. 2024
- In the U.S. today, the average African-American household owns just 6 cents for every $1 of wealth held by the typical white household, and blacks make up just 1.7% of the top 1% of wealthy Americans.
But there are black members of the 1% who are working to change that. Tanzina Vega investigates the historical and contemporary racial barriers to wealth creation in the U.S.
US Black-White inequality in 4 charts
www.cnn.com/20...
3.5 million Black American households have a negative net worth, new study finds
www.cnn.com/20...
Here's how to propel 2 million Black Americans to the middle class
www.cnn.com/20...
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I admire the financial independence of people, But you can live better if you work a little more. After watching this I think there are people out there, on the extreme, who plan to die early just to be able to retire early. To each their own but to me retirement isn't just about not having to work, it's about having the freedom to do whatever you might reasonably want, such as travel, buying things, enjoying life, etc. I don't think I could retire with less than $3m in income-generating investments, maybe $2m at the very minimum. I plan to work until I'm at least 45
Nobody knows anything, you need to create your own process, manage risk and stick to the plan, through thick or thin while also continuously learning from mistakes and improving
Spot on advice. Great job! And yeah, I think we investors overestimate how hard it is to stay in the market when things aren't looking too good. Whenever I'm tempted to either cut losses or capture profits, I remind myself of Fidelity's study of their best performing portfolios; the best performers were either dead or forgot they had an account. So now with directives from my asset manager, I pick assets that can perform similarly in both short and long term. My portfolio has been foolproof so far
Who’s the person guiding you
Her name is “Sonya Lee Mitchell” can't divulge much. Most likely, the internet should have her basic info, you can research if you like
I just checked her out and I have sent her an email. I hope she gets back to me soon.
Wealth doesn't just happen, it's built in time....I'm a retired postal employee but my daughter is in residency to become a doctor....I won't see the results of future generations but I feel I played a role in steering it in a positive direction
Al Howard yes a positive way forward. Has she now passed her exams? i dont know how its works in America.
truth... yes, she graduated this year....she will start her residency in PMR at UC Davis in Sacramento, California...thanks for inquiring.
Sign:
Proud Father
P.S. hope you're enjoying your time in America...not a great time in the
world right now so stay safe and healthy my friend
That's awesome, hope she aspires to have her own practice she can pass down to your grandkids!
Joseph rose - You should get informed. McKenzie Bezos helped build Amazon. She quit her job at a top Wall Street Investment Firm D.E.Shaw to help Jeff build that company.
She was employee #2. She ran the accounting.
@@alhoward4099 congratulations! That sounds like the American dream, which is out of reach for so many. I'm sure your daughter appreciates the sacrifices you and your wife made for her
She basically said you’re Always Black, they will not let you forget it.
Always and dang proud to be. Let me be black in this life and the next and the next.
@@anthonywillis7634 WHY?
WHO,S THEY ! YOU MEAN WE !!
Who wants to forget that their Black? I want to be wealthy, but I love my blackness 😎
SALAM JIHAD: Why not?
I can't wait to experience that very wealthy lonliness because being broke and lonely ain't it
You can make friends with non rich too. Just drop them as friends if they start asking for money
Friends aren't measured by the wealth, but by the heart.
🤣🤣🤣
This was it 😂
Start now by making significant changes in how you view building wealth. Investing in yourself, real estate and stocks are a start
I love seeing wealthy and successful black people.
Yeah
It's mindset
Yeah, me too, but i dont know exactly why...
I just like to see people with the odds stacked against them win. It’s a more genuine appreciation I think.
Doesn't matter it's black or white. They all don't give a shit about us poor people.
I don’t even wanna be in the 1%. I just want to succeed.
Jess Dan all talk, no action. Stop paying attention to this video and pay attention to what they actually are doing
Bless you dear, hope you certainly will....
What does success mean to you?
Jess Dan... Keep at it. You will get there.
Jess Dan OMG me too
I love how truly wealthy ppl don't flaunt their wealth. Simple jewellery, modest but impeccable clothes, natural make up, short nails and very well put together in general.
Ofcourse. Shallow minds are always dazzled by outward trapings, bells and whistles. Shallow minds will sit and blink at these rich people who don't know you exist and don't care. The govt. is the only thing stopping them from buying your life and all you pea brains care about is that they don't _actually_ show you how wealthy they are. It's like you are inviting them to trick you.
HotSkull who is this in reference to? My loved ones and myself are very comfortable, darling. I don't watch other ppl's money or movements. I am just pointing out the irony with regards to how the wealthy appear vs your new money rich folk. It's always those who have never seen money who brag and wear their riches for the world to see and for those who have always known it, they tend to be very modest in how they dress. That's all.
mzChocoSensualHedbob I'm talking directly to you and anyone who liked this post. I am telling you it's just trappings to make themselves seem relatable to the common man.
It's fake.
It's all fake.
Even their modesty is fake.
Mark Zuckerberg, a 32 year old billionaire has been dressing like a broke 20 year old college student for the past 12 years, not because he is humble, but because it's brand, aka his image because _no successful, or not, 30 something still dress like they are college students._ Unless thay are actually poor.
Mark Zuckerberg bought the 4 houses beside his just to bulldoze them just so he would not have to deal with neighbors. Normal people don't do that. He looks like he shops at Marshals, Burlington and Payless but that simply a way to seem relatable, but It's a lie. Pure acting. He lives in a rich bubble just like any other rich person.
HotSkull I know that they are an unsavoury corrupt greedy bunch. I'm not a romanticist. It does take discipline to not want to showcase your riches though in the tacky way a lot if the nouveau rich do. And originally I was referring to the two ladies in the video even though I don't know the least about them personally. At least agree on that. Or not.
hear hear
Being a millionaire will do it for me, I don't even care about billions.
Same
thats what you say now
Dude I just wanna eat tomorrow
@@regann7227 fr :( i rly hope u do get to eat tomorrow. sending love
@@onemillionpercent love aint gonna get him a meal
If black families came together as property and business owners, this is possible for generations.
Let's do something that will change lives
That's messed up...why would you want the black family united to be "property"?! Slavery was abolished so that you would *not* be property anymore!!! You are free!! Have been for over 100 years! :(
@epics7 You got seriously problems!!! The majority of America is white...you don't get an apology for that. If you don't like how white America is, MOVE OUT. Sorry, not sorry. *shrug*
@epics7 Uh no, your jealousy of inheritance isn't justifiable. I'm not playing mind games, so don't you.
@epics7 Deal with what? That you aren't playing games? How is that a bad thing? I like it when people keep it real.
My white statues? They aren't mine. They are your's, and mine, they are America's statues, our history. And you've taken down black statues as well, that are your's and mine.
How is erasing your history going to make things better for you?
Unlike you, I am not entitled, but if you hate standing on 200 years of history that you inherited, you're biting the hand that feeds you, but you are free to go back to your country of origin.
I have nothing against you doing that.
But you will have less than what you have now, if you continue in hatred. That's no way to live.
Find the good in people, not the race in people.
The only 1% I know is Lowfat Milk.
you need to open your eyes then
dying lol
🤣
Nigga comment, this is why yall are where yall are cus of ppl like u. Always want to joke about everything and anything. Go get your likes and be broke nigga
houston smoke I'm white but ok
"Four hundred years later, we buying our own chains."
- Kanye West
lol
Lmao word brah
Mr. Barz damn that's deep... people always trying to make Kanye into a joke or a meme cause he's real💯
Love Trumps Hates I love Kanye! ✨🙌🏾✨💯%❗️...and we're still branding our back sides with their initials and names (👖). Drop the labels and WEAR YOUR OWN name, Family! SelfLOVE ❤️ trumps seeking approval and acceptance from others; ESPECIALLY from those who only seek to exploit and oppress you.
Yeah it's called payday loans and interest
"If you are a person of color, you can have as much money as you want, you are still who you are." That hit me really hard.
Being black isn’t that bad, good lord lol are you a white lib?
@@willpower3317 I thought about ignoring your comment but then realized I am not doing the world any justice by accommodating your ignorance. I don't know if you bothered to watch the video or not but you seem to have missed the context. It is not about the state of being black but rather the treatment that you receive.
In layman terms she was saying, it doesn't matter how much money you have as a black person, you will still get treated as sh*t because of your skin color.
Now I hope that clears things up. FYI. I am not white.
@@corvusglaive5769 I understand the context my friend, and that is what bothers me, that is, the idea that all black Americans are “treated” a certain way based on our skin color ALONE. I just don’t like one factor explanations for complex issues and it seems that successful black Americans engage in this more than any other group. It’s almost as if to say, ‘don’t bother doing what I’ve done because people will still look at you as a ____’. It also suggests that highly successful people from other groups don’t deal with life’s challenges. I imagine you might say that they are just being honest, but I’ve observed (in my humble 30 years of living) that contemporary blacks often exaggerate their racist experiences to prove a point, so, there’s that, for whatever it’s worth.
@@aavantibeauty What point are you making?
Please TH-cam SGI Buddhist movement an introduction full length version. Peace and NammyohorengekyO !!!!🙏
In my opinion i dont need millions of dollars to live a happy meaningful life , I realized that I am already rich in numerous ways. I have the love of my family, true friends and the force we call God. I am talented, I am healthy, I love nature, animals and eating healthy food. I enjoy yoga,massage,spirituality,riding my bike,rollerblading,swimming,singing,dancing, good sex,anime,videogames,movies,learning, making authentic connections, uplifting and helping people where I can. How many zeros in a bank computer or green gold certificates do i need to accomplish this?
Excuse my grammar and sentence structure lol
eric evans
I love this comment! especially "the force we call God" statement. =D
I totally agree. Money isn't everything. As long as your happy and enjoying the life that God gave you. Life is temporary anyways. When you die you cant take the millions with you.
Someone like You can do even greater wonders for society having millions of dollars.
You know it was their humbleness that was the most appealing !
They had to actually work to where they are and EARN what they got. Unlike some of these... other families who have had generational wealth handed down over the years. Wealth that was built by slavery.
Where's the humbleness? All I hear is anti-white bitterness.
Mr. White Wow, so because they got rich and aren't kissing the white mans ass you're mad?? Sad.
+Artista_Montoya I never said anything about kissing ass, idiot. How about they quit whining about being a victim and enjoy their success?
Mr. White They shared their story from rags to riches to encourage others and offer insight into their world. It's not everyday you see people of color on the top and these folks seem like their trying to help others instead of hoarding and keeping it exclusively theirs. Nothing wrong with that. Put yourself in other people's shoes, for once, dude.
The gap is there because most white one percenters had ancestors that started early in the game.
Katie Zinno that's not how it works. 80 percent of millionare are SELF MADE. That means they made something out of nothing.
Yes correct. That was stated in the first few frames.
No
Those white one percenters' ancestors were able to "start early in the game" because the same opportunity to "start early in the game" was denied to black people. Slavery, Jim Crow, redlining, separate but not equal, remember?
@@CloudDayLight they may be self-made but they still had the monetary resources to start-up their own businesses etc
I love how he said people make that statement but doesn’t realize some people don’t even have the boots! True
Don't* realize
Doesn’t mean it makes sense lol
Wealthy Black communities all over America - Past, present and both:
Oak Bluffs: www.townandcountrymag.com/society/tradition/a6668/oak-bluffs-african-american-community/
Olympia Fields: www.olympia-fields.com/CivicAlerts.aspx?AID=77
Sag Harbor: en.wikipedia.org/wiki/Sag_Harbor_Hills,_Azurest,_and_Ninevah_Beach_Subdivisions_Historic_District
www.nytimes.com/2020/10/01/t-magazine/sag-harbor.amp.html
th-cam.com/video/QoniFMtSXcw/w-d-xo.html
th-cam.com/video/lWwPy8i9gfg/w-d-xo.html
Highland Beach: en.wikipedia.org/wiki/Highland_Beach,_Maryland
www.highlandbeachmd.org/?mobile=false
www.nytimes.com/2009/09/04/greathomesanddestinations/04Highland.html
whatsupmag.com/news/highland-beach-chesapeake-bay-maryland-s-first-african-american-incorporated-town/
Palmers Wood: www.google.com/amp/s/amp.theatlantic.com/amp/article/308403/
th-cam.com/video/3RIBLh7MQLE/w-d-xo.html
th-cam.com/video/DHWzzolsMUE/w-d-xo.html
palmerwoods.org/
www.niche.com/places-to-live/n/palmer-woods-detroit-mi/residents/
statisticalatlas.com/neighborhood/Michigan/Detroit/Palmer-Woods/Race-and-Ethnicity
www.niche.com/places-to-live/n/palmer-woods-detroit-mi/
www.addressreport.com/report/neighborhood/detroit-wayne-county-mi/palmer-woods-detroit-wayne-county-mi/?display=true
www.areavibes.com/detroit-mi/palmer+woods/crime/
Mound Bayou: Historical Background: mississippiencyclopedia.org/entries/charles-banks/
www.blackpast.org/african-american-history/mound-bayou-1887/
blackthen.com/mound-bayou-mississippis-jewel-delta-largest-black-town-u-s/
mississippitoday.org/2018/05/19/mound-bayous-history-a-magical-kingdom-residents-fight-to-preserve/
www.mississippifolklife.org/articles/a-place-apart-mound-bayou
www.onlyinyourstate.com/mississippi/unusual-story-behind-mound-bayou-ms/amp/
www.google.com/amp/s/misspreservation.com/2011/07/12/the-jewel-of-the-delta-mound-bayou-mississippi/amp/
medium.com/@cathrynstout/love-letter-to-mound-bayou-ms-and-all-historically-black-towns-eaae7183948d
en.wikipedia.org/wiki/Mound_Bayou,_Mississippi
www.npr.org/2017/03/08/515814287/heres-whats-become-of-a-historic-all-black-town-in-the-mississippi-delta
hptfamily.files.wordpress.com/2013/03/the-voice-vol-4-duplicate2.pdf
Sweet Auburn: en.m.wikipedia.org/wiki/Sweet_Auburn
'The Black Beverly Hills' - Ladera Heights, Baldwin Hills, View Park and Winslow Hills: www.google.com/amp/s/abc7.com/amp/black-beverly-hills-baldwin-ladera-heights-real-estate/7222331
www.latimes.com/business/realestate/hot-property/la-fi-hp-neighborhood-spotlight-ladera-heights-20180707-story.html
www.latimes.com/local/la-me-adv-view-park-20150719-story.html
www.latimes.com/business/realestate/hot-property/la-fi-hp-neighborhood-spotlight-baldwin-hills-crenshaw-20170429-story.html
DeSoto: www.google.com/amp/s/www.nbcdfw.com/news/local/affluent-african-americans-flocking-to-desoto/132513/%3famp
Prince George County: en.wikipedia.org/wiki/Prince_George%27s_County,_Maryland
Bronzeville: www.urbanjuncture.com/community
www.chicagomag.com/Chicago-Magazine/September-2015/Margo-Jefferson-Negroland/
Idlewild: en.wikipedia.org/wiki/Idlewild,_Michigan
Sugar Hill, Jacksonville, FL: www.thejaxsonmag.com/article/americas-lost-towns-of-black-affluence/
www.thejaxsonmag.com/article/vintage-photos-sugar-hill/
Sugar Hill, NYC: above110.com/harlem-nyc/sugar-hill-nyc/
www.google.com/amp/s/ephemeralnewyork.wordpress.com/2013/01/28/sugar-hill-once-harlems-most-glamorous-enclave/amp/
Durham, NC: en.wikipedia.org/wiki/Black_Wall_Street_(Durham,_North_Carolina)
There are many more but these are a good start...
“We bought this building and then the next one and THEN the one next door”
WAKANDA FOREVER!!!
Zod Sinclair
Tchalla did buy the building where his uncle was killed by his father.
Yeah man! thats what I was celebrating, that in reality, there are black business owners, getting theirs, and hopefully trying to be their brothers keeper, fighting the divisive teachings of slavery, i.e. divide & conquer, pitting African tribes against each other to divide! Unite instead!
It's called using a 10-31 exchange. Make the money make you more money.
@@zodsinclair8500 Most blacks don't even have african roots.... it's all social engineering you all bought it.
Yeah I'm Black!... And I'm a member of the other 99%
you part of the bottom caste.
@@sandyanderson5698 Thank u for the Reminder 🖕
...another reason...why i still put ...other on...JOB...application..!!
The 1 % dont really deal with us type blacks come to Newark nj .build us some shools and shelters that we own!
Tony Gman And who have you given assistant?
Im glad Mr. Eddie Brown kept his black wife when he came up.
This needs to be reworded. Mrs. Brown kept Mr. Brown. Michelle kept Obama. Beyoncé kept Jay-Z. Jada kept Will. And the list continues of fabulous black women who kept their good men. At the end of the day, love is love, but from what I have seen, behind these strong black men are stronger black women. This ought to be the focus.
@@sophien5416 , Youre right there. She is keeping him. But that's not what I mean. The focus is on these men letting go of their strong black women who held them down. Lets not pretend that these men are not out here replacing their strong fabulous black women for younger, newer, *fairer complexion* models. I am happy that he is a real one who appreciates and kept his fabulous boo and didnt try to join the club. He knows what he has at home is priceless and that's what im talking about. I support it.
@@ichi8017 yes she is. I sense her classiness through the screen. He knows better.
@@HughMadBro Yeeeepppppp. That's the point I was trying to make.
@@cocochanel1029 This is the dumbest comment in the history of life on the planet. You are the true dummy saying such non-sense.
I have undying respect for African Americans. 😢
Thank you for your Allyship.
@@AshleighJessicaTaylor omg I was just watching and commenting on your video lmao!
Ashleigh Jessica Taylor yes truly. We are waking up to who you really are and the richness of your heritage in Africa. We are praying for our dear African American brothers and sisters!😊 th-cam.com/video/SufT6Rdk17w/w-d-xo.html
respect those who live life respectably not because of the color of their skin.
@@marilynwillett804 Nah, Blacks deserve respect.
I think the moral of the story is to create your own. That woman's father worked hard to become a Neurosurgeon and they still turned him down and even if they didn't I'm sure they would pay him less, cause he's still an employee. If you create your own business then you are the boss and you create your wage.
meikoblock i agree with you. but to make money you need to already have money. so if you dont get an oppurtunity its incredibly difficult to branch out on your own because how many banks are gonna give you loans?
Krischeal Gomez yes I agree it is difficult but today there are so many options if you seek them. For example you do not have to go to a bank you can seek out private investors. Creating your own business is kind of uncharted territory because society and all through school they are teaching people to be good employees.
+Krischeal Gomez Absolutely agree.
+meikoblock Absolutely correct. I'm currently in school finishing my degree in marketing next year. The thing is I want to use this degree for my own ventures/personal enrichment not for someone else to profit from. I'll be investing my money soon to launch my firm next year. What I learn in my curriculum should benefit me. Not someone else's. Not saying you shouldn't start working for someone and get that hands on training but at this point in my life, I'm ready to take charge and pursue my goals.
correct, the only person stopping you from achieving great things is you!
I love that quote "some people don't have boots". That's a great way of putting it.
No boots high enough for this shit.
The homeless don't have feet!
HateGovernment And political traps! Don't forget those. If you can navigate those you might get some place. Don't let the politics push you to the edge where you commit a mass killing and try to keep your mental state as healthy as possible. I know some people might be thinking if you do decide to do a mass killing just don't get caught.
Minerva Ojeda By 'boots' they likely mean- Initiative. You can use the initiative working for some other assholes or by working in your own company.
Plenty of opportunity! And then you turn 55 and no opportunity!
I moved to Florida some years ago. I started working at a Hospital there and found out a white girl with no experience fresh out of school made more then Me with My ten years experience, this is sickening and pure evil.
Deplorably Not Dependant typical stereotype you have of black people.
Deplorably Not Dependant I don't get it, how is the person lazy if they had 10+ years of experience?
Mary kai You've just watched a short account of how black people had to fight in a system that looks down on them, yet, you still refuse to accept white people are to blame for a lot of the hurdles blacks face in becoming wealthy. YOU JUST WACTHED 7MINS....JUST 7MINS OF THE SHIT AND HERE YOU ARE WITH YOURBULLSHIT!
Don't be surprised, always expect the unexpected, be upset at yourself for thinking "it" will stop for a second.
SoundScientist1 Facts!
As a half-black Physician Assistant, I'm on track to become a multimillionaire and my goal will be to give back to humanity some how.
If you're giving back you shouldn't be a multimillionaire.
this will be me soon
Edit: 09/15/2020 For all you wondering, I've made alot of progress. I used to work for minimum wage and taught myself to code. I became a software developer. I'm building my own software and I'm looking to launch it by the middle of next year.
So I'm still working at it. I hope to own a tech start up. I will get there.
I hope you get there very soon
Good luck :)
My girl. I love your attitude. I'll be right there with you :)
Simone Anthony I'll check back in about 10 years and I guarantee you'll still be poor.
Tuts Cafe Nope, just one of those "privileged" Asians.
I have nothing negative to say about these people. Just want to ask for financial advice that I didn't have growing up! Throw your girl a pair of boots!
Start reading
Claude Anderson
Contact me on Instagram, I can help you, anything related finances: @the_douala_wolf
SACRED JASMINE same here.
I swear I've never figured out why most African Americans don't teach their children the power of building wealth, credit, etc.
" . . . many people don't have boots."
That's keepin it 100
De Stressfrlyf I agree. But many wouldn’t take them or use them. I’ve seen this first hand
I agree. Deep ...
De Stressfrlyf. its the hand your dealt in life...But remember everyone has a gift a talent a mind for something creative to get out there....jb
Ml
ppl act like there arent ppl giving already even when they have almost nothing to give like BOOTS and yet the problem is that all the money is in the hands of a few who lets be honest dont care who they rip off white or black like these ppl here who lets be honest could be giving alot more then they are instead of asking more ppl to help each other out which we all do anyways with not alot of money
I truly enjoyed this documentary. I know it was posted several years ago, but it was meant for me to see it today in 2022. It's inspiring. Blessings to everyone here. May your hopes and dreams come true.💖
Same here... Watching in 2023 for the first time. Wish you all the best too.
Poor people buy goods from companies
Rich people buy shares in companies
No way, really?
Exactly, I also recommend monthly dividend paying REITs.
@tag line use a money market account to buy shares of monthly dividend paying REITs like AGNC or ARR. Then use those dividends to buy more shares or put that money in a mutual fund.
True That!!!!!!!!
Wealthy people create goods and form companies.
It's nice to see people of color do well and still be humble. All wealthy black people aren't flashing bling and changing their car every week like French or Chris brown.
Sylvia had butlers tho. You go girl💪🏾💪🏾
The truly wealthy are smart with their money ;3
Not always, you can get rich by just investing in shares again and again, and you can lose it any minute.
I remember when I was attending Med School. I had discrimination everyday. But when I moved to Atlanta. I can tell you this. So many doors opened for me. I met woman that were so successful n ambitious n independent. I learned so much. I am so glad to see us as minorities doing well in so many countries. But we never see that on TV.
Congrats.
Jazzy j what kind of TV shows do you watch? And I hope you learn much more considering you can't spell "and"
Its not like theyre writing a thesis or anything. Calm the fuck down.
AyyLmao Boii it's not like I was giving him constructive criticism CALM THE FUCK DOWN, but thanks for not even addressing my point. Just tell me to calm down lmao
@Jazzy j....I'm glad to read your comment. As much bad things I hear about Atlanta, the great fact is many African Americans do well there.
Mrs Stella mark is legit and her method works like magic I keep on earning every single week with her new strategy
Wow I' m just shock someone mentioned expert Mrs Stella I thought I' m the only one trading with her
She helped me recover what I lost trying to trade my self
Yes I'm also a living testimony of expert Mrs Stella mark
Mrs Stella Mark has changed my financial status for the best.all thanks to my aunty who introduced her to me
Mrs Stella Mark is obviously the best, I invested $3,000 and she made profit of $28,000 for me just in 15 days
and people still don't think discrimination exists.... smh
Buzz Zu It isnt about race but education.
??? The video? Or discrimination in general?
Buzz Zu year ago I went to job interview they called all the white people first then the brown and at last all the black I was laughing my ass off.
the president is black
And he was totally judged and blocked by Congress.....
This was a good mini docu-series..look forward to more..These wealthy people of color are inspirational to people like me who come from the mud with NOTHING....
rico .warren exactly. same here. what white people have a hard time understanding is that most blacks come from absolutely nothing. a lot of us were born into nothing so i love seeing blacks break that wall down and create a wonderful life for themselves and their families.
. raciiiiiissttt oooommmmggggggg hate crimmeee hate speeeaaachhhhh
Nadia Baz Oh darling but I don't feel like my red organs are racist and should be transformed in white 😂😂😂😂😂
But it's ok at least I know some black guys like me hence not all black ppl are like you, racists towards whites!
. No problem I guess we are not each other's targets ☺
The reason people are poor because it was set up that way... you can work hard but will that sky rocket you out ? no!!! You have to know someone that knows someone who knows everything that's worth knowing
Kiing milli that varies significantly
Not necessarily, if you fight hard and play smart you can overcome the odds. We need to employ ourselves and build our own businesses. Not expect the white man to admire our hard work and hire us. It's an uphill battle but it's possible.
yeah, you keep on making excuses for not going after what you want.
Anthony Will it's how this stuff works.... you can put yourself in play to set up whatever you think that will help you... if that's how you see it for you, then do it.... but the key factor is building relationships with people that are in positions that can help you further a idea...ex. most Caucasians go to college to meet the people who are going to set them up and help them get to the next level, they don't go and just get a degree...but most blacks go to college with the notion of getting the degree and can't find a job...we are under the notion that'll help us get a good job not matter what and that's false..that is also why college graduates find them selves doing something different, then what they spend 4 to 6 years of their lives studying at a institution. As a society, a culture, as a people, we lost those basic instructions that were needed to push a household.. now is the time to be smarter than what we have previously showed the world.. believe me I'm not making any excuses for myself. Im just looking at this stuff at different angle and from my prospective.
Networking and knowing the right people will help you, i agree, but if you tell yourself that you can't make in whatever you are doing because you "don't know the right people", then its on you and no one else. You have 2 choices, either you keep on complaining or you work towards what you want. And btw, no offence, but i can tell that you have an "employee mindest". Maybe you should focus on building something for yourself instead of putting all of your energy on working for someone else.
Loved this but it could've been longer and delved into deeper. I hope they make this a series. Please educate those who don't know the details of why Black wealth isn't where it should be. I think this was a great start. Please keep it going.
Your answer: m.th-cam.com/video/lHxDj9RnXgE/w-d-xo.html
Love that comment "Many people don't have boots".
Eminem said the same shit. “Where the fuck are the boots?”
And some people don't have feet.
Especially in Texas lol
Like wise
@@rezzo_6fn659 Eminem didn't say that though fuckboy. That is actually a quote from Dr. Martin Luther King Jr.
Keia, I’d rather be rich, sad and depressed than be poor, sad and depressed. All things being equal, money is nearly right up there with oxygen.
Money is not everything
Hey! To thine own self be true, I feel you.
Wow! Really???? Come on of course not. But, it is the bottom line though.
Same
Swear people don't be understanding this shit; talking about money doesn't buy happiness. If I'm depressed as fuck without money, having hella money will only make me happier. I don't give a fuck what anyone else says. The shit that makes me unhappy the most is that I have to spend so much time doing shit I need to rather than shit I want to. Money would change that, then I'd be happy. If I'm not happy, I'll donate my money and go somewhere remote and just chill til death.
I need to surround myself with people of this mindset.
These people's wealth is an anomaly when it's comes to the top 1%! Read the "New Jim Crow" by Michelle Alexander and "The Color of Law" by Richard Rothstein...this will help you to understand and also study your true African American history. Look up Sandy Darity too! God bless you .
Areta Foster YOU are already surrounded by someone with this mindset.
TheMsLady4Real YES..thank you for sharing.
Areta Foster You are who you surround yourself with. Old adage still holds true today.
Social climber?
Oppression and white supremacy can't hold us down. We ALWAYS OVERCOME! When we unify my black people and we reach back to help then that's when we will over overcome 1 day at a time.
#blackpower
Ajunte Burns We ALWAYS overcome. Always.
Amen. Bless you! th-cam.com/video/SufT6Rdk17w/w-d-xo.html
Don't let imaginary things ever hold you down.
Amber Slahlize it isn’t imaginary.
@@xav96 Sure it is.
Congratulations CNN for finally admitting blacks are put at a disadvantage...
The aim should be to break the cycle of poverty over all and redistribute wealth, not diversify the 1%. The 1% shouldn't be a thing in the first place.
Mate , it's trickle down economics. If you have more coloureds in the 1% then they are in a position of power to help their own kind. The Rockafellars, Trumps, Goldmans, are all old white money, helping and building an America for white people. Sure, grass roots need attention but attention requires money and no one's gonna give it to you if you're black. The system was designed that way.
LittleDrummerChic You are correct!!
LittleDrummerChic In a perfect world.
YES.
LittleDrummerChic if the 1% weren't a thing we'd have no jobs...
Seems as though most commenters, I wont say who, came to argue and deny the narrative instead of listening to understand their point of view. I guess small brains still wont allow some people to comprehend anything outside the bubble you call your life.
Well said.
people are biased so it may always be that way..
👏👏👏👏👏 couldn't have "said" it better myself
Won't say who? Funny how you're able to tell race from behind a screen. Maybe you should stop assuming that no AA could criticize this video racist.
Lap TV did he say that, or are you just looking foolish?
I truly appreciate these people for their accomplishments!! So inspiring😍😍
ACCOMPLISHMENTS ? !! LOL
My goal in life is to be a black 1%er I'm 18 I've got a lot of hard work and hard decisions to make
If that's your goal. You gotta shake the bums around you and focus on your work and dreams!
Remember your network determines your networth!
Roelof Hetsen exactly
AlphaWolf- Gaming whats wrong with a pic of a black dude smiling?
you can't be rich if you are not serious, you cant be rich and have a picture representing yourself like a reggae singer that just smoked some pot...
HoLDoN4Sec you are assuming all that cuz its a black dude. hes smiling for chrissakss
I am working on something that will make me a self made millionaire. Thank you for this story.
...yep...LET This...marinate...for a second...www.WiLLIAMBLAIRFUNDS.com... that''s michael-jordan'
's ...chicago-BULLS-...and...BNiKE...sneaker''s...$$$ and ...counting ...THANK YOU very ...much..!!
@Esmour Mayne One of my favorite books! Read it cover to cover when I picked it up in a bookstore. Couldn't put it down. I cherish my copy. Life changing book!!!
Go go go!!!!!👏👏👏👏👏👏👏
GOOD! GO FOR IT AND DON'T TELL YOUR SECRET UNTILL IT HAS BEEN PUBLISHED! BLESSINGS! 🙏
How far have you come? Have u made progress yet?
Being black myself i have recognized that there are two reasons why black people have less income. One reason is the racial aspect mentioned in the video, and another reason is most black people are more focused on other useless things rather than working hard in school and in life. Using myself as an example i recently started college being only 16 years old, and many of my black peers have told me that i'm not a "real black person" or they've told me that i "talk so white", it's that type of mentality along with centuries of racial discrimination that holds black people from reaching their true potential.
You two are going to do well because while you recognize discrimination happens, you aren't obsessed with it and are willing to do what you need to for success.
So PROUD of you my young Man.You are who you are meant to be. You are a positive in out negative race. ( as others see us). I am proud to be black and proud of your success. Congrats to your patents
Yes true facts. I never personally ( friends of friends ) made black friends because of that reason, I was told "I'm too white" all the time and its so frustrating.
As you get older, those blacks that make fun of you are going to kiss your butt in the near future when financial wealthy and there broke, poor, or on welfare, or in jail.
I totally agree with you. Of course, racial discrimination is a reason for this, nobody can disagree and that yes, most black are focused on other things than succeeding. In my class, there are 2 black people who are very smart and are focused on their future. The others are showing off how rich they are and say they want to be rappers. There are girls who literally go on Instagram during lecture time. There are 9th graders who talk about how they vape and drink. My school is dominantly black (85%) and this is what I face every day. They probably don't think about the fact that they might be homeless, squatting at their parents home in the future. This is not black people only, but since there are many black people in school, I can say it's from experience.
I came here to learn how to invest after listening to a guy on radio talk about the importance of investing and how he made $460,000 in 4 months from $160k, somehow this video has helped shed light on some things, but I'm still confused, I'm a newbie and I'm open to ideas.
Investing in stocks is a good idea, a good trading system would put you through many days of success.
All you need as a beginner to make good profit from crypto currency is a professional trader who will trade on your behalf else may make losses
It is possible to produce superior performance provided you do something different from the majority. However most of us tend to pay more attention to the shiniest position in the market to the cost of proper diversification.
And this is the perfect time to invest in crypto currency because of the rise in crypto currency
I will recommend my current trader Mrs Wilson Jane a regulated broker in USA and her strategies are earning a lot of profits for me.
These people are my greatest inspiration! I REFUSE to allow my skin color/race to limit me. I will not do it- I will die before I allow it.
Patricia-Bianca Calavera refuse to allow the PEOPLE who view you as a skin color limit you!!
Will Moffett yesss but this is 2018. Believe & achieve it. May work?
How do i get a black 1% to fund my start up?
Patricia-Bianca Calavera but If you die first, u cant do shit
I’m always called a drunk because I’m Russian, and I don’t let that “limit me”, I just sock them in their face
Simple.
Sylvia Brown looks very elegant and sophisticated, but in an understated way.
Please watch th-cam.com/video/qoNAMvKlX78/w-d-xo.html
Generational wealth is what I'm striving for. My uncle had it and now that he's deceased it passed down to his sisters and son. He had so many investments that we didn't know about until he passed away. He was retired but silently moving and investing and he spent frivolously to throw us off...(he had this saying that if your money sits quietly too long then the man starts a knocking)! I assume he was talking about Sam! My uncle would appear to look like an old bum but he always told me that when you dress flashy you'll become a target....when we had family functions where he had to dress up, he cleaned up real nice! He told me why he didn't believe in buying high end after an experience of going into the store with a friend that was also wealthy but was stereotyped because of the way they dressed upon entering the store!
go for it.....nobody is stopping you...…….personally as a taxpaying white man its about time you blacks got JOBS, a bit of self reliance..etc so I don't have to keep being taxed to death and subsidising your asses!..maybe we can finally balance the books.
Do you honestly think I enjoy paying tax!?...also did you know that Trump is the BEST president for black unemployment? (and this is the man that constantly keeps getting called "racist" by the left..oh..and btw..Republicans ended slavery, not Democrats).
Im just surprised its taken you blacks so long to realise how to create wealth.(but I get a sneaking suspicious 90% of blacks WONT do this and will continue playing the victim and voting Democrat) and expect OTHERS to hand them something...………"one of these days,,one of these days we will have a leader to give us equity"......pfff….don't count on it!
Notice that whites don't RELY on Government...in fact they are more self reliant and individualistic (usually SKEPTICAL of leftist politics and big government and in favour of a STRONG FAMILY UNIT with conservative values)….
if you rely on Government or the "collective"..you are NOT in control of your own fate/destiny(and this is why blacks, who vote Democrat and expect Government to sort out the mess, are their own worst fucking enemies!)
You are your own worst enemies. And the whole "victim mentality" "chip on your shoulder" attitude doesn't help.
Blaming the "white man" for all your flaws doesn't help either(and will only divide the nation and deflect individual responsibility).
Everette Moore Then what? Run away?
@@plorin3015 Good one...bbbuuutt I was thinking more along the lines of you all watching them as they grow and identify as African American on all their important information thus again creating more "BLACKS" again thanks paw paw
Mr Hole your comment is very ignorant and worthless
But part of having sustainable generational wealth is educating the younger generations how to manage their wealth. So, although your uncle kept quiet about his finances, I hope that he at least instilled money management onto his kids and grandchildren.
It's real messed up how they're billionaires but still keep those white images in their homes. I can't believe I saw pictures of what appeared to be Thomas Jefferson in Ms. Johnson's home......smh.
Who
Hello there, let me clarify. Dr. Maya chose to interview her at a hotel she owns in Virginia. She owns 5 massive resorts and minority state in 3 sports teams. Those pictures are on the walls of her horse themed property. That’s not her private residence.
It could also be prized art... whether white or not, it still accrues to her benefit and win.
SO !!! THEY HAVE PICTURES OF JEFFERSON !! THEY CANT HAVE PICTURES ON THE WALLS ?
@@marcustyson217 she owns the property . She could up a picture of Malcolm x looking out the window with a gun
More people need to see this
Fishcraft123 4 😂😂😂😂
“No matter how tall your grandfather was, you must do your own growing”
“The past is behind, learn from it. The future is ahead, prepare for it. The present is now, enjoy it!”
@J H ....I personally know many well off people. Many had a father who was self employed in the trades. Sure enough, they "chose" the same career out of hundreds of other choices. Why? You should know. I also know people working in the company their father built. They too "chose" to take 100% job security in daddy's business. Daddy rarely promotes other non related employees in these businesses over family members, unless the lazy family member prefers to keep their low level job with daddy's company. I knew a kid I played with since about 6th grade. He did so little at his fathers large flooring business. But he owned a beautiful 3 bedroom home in an upper middle class neighborhood despite constantly being a screw up and even lost his license due to never outgrowing reckless driving and even while drinking. But daddy still kept him employed. This nepotism is everywhere. Open your eyes to the real facts of nepotism, which results in probably over 40 million adults much much easier paths in life. They never refuse huge inheritance money either. Family owned restaurants alone have easily 3 million relatives working in them, often as managerial type family employees. My college friend was in restaurant mgmt because his father owned 5 McDonalds locations. Guess who he chose to work for among all other restaurants hiring college grad mgmt. grads? I worked as a busboy when I was in high school. The family owned restaurant handed the business to their son when they decided it was time to step aside. This old couple still sat at a table many days per week while officially retired. The old lady was so stupid too...but wealthy! She would sift through buspans filled with dirty plates, glasses, silverware, and leftover food ....and pick out rolls not eaten! Typical behavior of a "successful" business owner! You all keep lying about reality....it's what entitled people so often do. Hell, they can't even debate properly. The proof is everywhere in comment sections.
J H HAHAHAHA
( But I'll choose to forget it at certain times when I want to blame someone for their ancestors actions.)You should get a patent for what you just said. @J H
Please watch, th-cam.com/video/qoNAMvKlX78/w-d-xo.html
@@jusayenso8186 let them be themselves.Search for your own version of success.Theirs is none of your business!
I feel like this missed the point. It's not about making the 1% more diverse its about destroying a system which allows a tiny group of people to own a huge percentage of the country's wealth. Stop normalising this!
Megan Reid well handled
So you want to put an end to capitalism?
Keep dreaming then lol the American dream is alive and well thanks to it. Anyone can make it.
It sucks if you're lazy lol
You mean the ones who are grateful for a job?
I love these stories. It’s appalling that the the permits for the house took 10 to acquire. The library is absolutely beautiful.
Its her hotel, not her home.
@@chs75 source?
@@midapita Look it up, it's the Salamander Resort and Spa in Middleburg, Virginia.
I love what the Browns are doing for their community.
Term-B Phillip what is that exactly? Buying buildings and hiding that they are black to sell homes? Doesn’t sound to proud
Yes. Don't be blindsighted. The people in this video had help too. Sheila got a big divorce settlement from BET Founder Bob Johnson and she got lineage and network connects. Somehow the Browns have been allowed to play ball in the capital game. Not sure how though. Those devils keep eyes on anyone trying to get in the million-plus arena.
"Who's to blame for that? White people? " Yup. 1,000 percent, 360 degrees, 365 days a year, 24 hours a day. You don't know enough history for me to explain to you. I can tell by your reply you only have knowledge from the media- that includes tv, school/ college, your family and friends, the History Channel... LOL.
Claim that its the past where we have seen race has been systematic against blacks whether you want to agree or not play into today...where banks raise interest or dont give loans due to your skin...and the police called on you just cause...what we need to do as a race is circulate the black dollar and stop investing in people who dont want us in their facilities...you know like Tulsa
That is a stupid reply. Go to bed.
I wish this was longer but still very inspirational.
I agree. Everyone can change their circumstances with the right mindset. Having a millionaire mindset means doing what millionaires do. Investing in self, real estate and stocks. Then make sure you reach back and help others!
If you want to be successful, don't ever let someone make you feel less than you deserve, because it's JUST about your attitude.
So where did that attitude get you in life? I sure hope you not working for anyone saying this 😂
And treat u less*
@@QueenDivineLove ITS TRUE !! FINACIAL RACISM IS FROM ANY ONE RACE. MANY BLACKS OR ASIANS WONT RENT TO BLACKS OR LEND MONEY ECT.. WE KEEP BLAMING OTHERS FOR OUR PROBLEM !! MANY PEOPLE DONT HAVE TIME TO INDIVIDUALIZE EACH PERSON SO THEY/WE JUST GO BY WHAT WE SEE GENERALLY. AND THATS NEWS/GANGSTA RAP/ TV SHOWS ECT WHY WOULDNT THEY GO FOR WHAT THEY PERCEIVE ? YES ITS TECHNICALLY RACISM BUT WE ARE ALL RACIST / PREJUDICE IN ONE WAY OR ANOTHER . BE THE BEST PERSON YOU CAN BE AND HOPEFULLY OTHERS WILL SEE YOU AS YOU REALLY ARE . WHITE ,BLACK,ASIAN ,INDIAN ECT WE CANT JUST LOOK AT A RICH WHITE PERSON AND THINK NEGETIVE BUT THEN LOOK AT A RICH BLACK PERSON AND THINK POSITIVE BECAUSE IF YOU DO YOU ARE AS RACIST AS YOU PERCEIVE THEM TO BE !!
GET RID OF ATTITUDE, attitude is ignorance, attitude is weakness unless you're a male lion.
Attitude and $1.00 still won’t get you a cup of coffee, soul bro.
My father was dirt poor, I am a poor man's son. My mother died young and dirt poor, I am a poor woman's son.
I struggled through undergraduate school, I did much better in graduate school, but I am proud of being a poor man's son. Success is the best revenge.
DONT LIVE FOR REVENGE SON !!! IF WE STOP FOCUSSING ON WEALTH BEING MONEY AND FOCUSS ON WEALTH BEING THE THE MORALS OF FAMILY AND HOW WE BRING UP OUR KIDS WE WOULDNT CARE WHO HAS MORE MONEY !! SINGLE MOTHERS IS THE NUMBER ONE DESTROYER OF YOUNG BLACK MEN ! WE MUST STOP SEX BEFORE MARRIAGE .STOP OUR CHILDREN FROM QUITTING SCHOOL, OUR MALE ROLE MODELS MUST BE OUR FATHERS AND NOT RAPPERS AND SPORT FIGURES. THIS VIDEO DOES NOTHING TO HELP US FOCUS ON THE REAL PROBLEM..
Way to become the 1%. Start a bank and loan out money you don't actually have and tell them to pay interest.
Loan out money you dont have is a crime that only the super rich can get away with, Good luck getting a licenses to lend money, you have to be real good at economics to understand banking
jason4275 thus inflation. More money is being made than there actually is and banks only fuck us by giving out loans with money that doesn't exist.
Hatim Abdur You are trying to teach something to someone else and you can't spell correctly yourself.
Jesse Lee exactly
then I guess you're already billionaire Jesse Lee
Things like this motivates me as a college student. I do not want to repeat the cycle I want to start a new level of wealth & ownership in my family
The comments on my page may guide you
that is not the needs of your family, you need to be grounded, aware of the system you are ensnared within, with knowledge comes power, and then empoweredment, with accumulation of space and privilege comes ignorance, arrogance, entitlement, and finally full blown affluent yuppies who are pure narcissists
same.
Awesome! Having the mindset is the start of you making changes to become a millionaire and being generational wealth. Investing in yourself, real estate and stocks to start. Then reach back and help others when you get to the top!
Yes indeed
I wonder what happened to Madam C.J Walkers Wealth and did it get passed down to the next generations in her family.
For the most part it was, but the depression put a big dent in their business.
Wow really?
Priscilla Walker Great question, I often wonder about a lot of black people wealth from the past, especially Mansa Musa.
I think after CJ walkers daughter passed on there wasn't any heir to her bussiness so it died out
***** Actually, A'Lelia Walker (Madam's daughter) had adopted a daughter named Mae who took control of the company after her mother died. Mae's daughter A'Lelia Perry Bundles took over after Mae died and was the last member of the family to control the company before it was sold.
The company still exists and I believe you can still purchase products through Sephora.
Also, both CJ Walker and her daughter A'Lelia were both extremely charitable during their lifetimes and in their wills. Giving tons of money the arts, schools, charities, orphanages, the NAACP, and other organizations and individuals. A'Lelia while very charitable (being a well known patron of the Harlem Renaissance) she also liked to spend money, and was known for her lavish lifestyle. So between Spending money on themselves, charities, and the great depression - it all put a dent into what was left to heirs. Though they are still doing well today. CJ's great-granddaughter A'Lelia, is her biographer and director of the family and business archives.
It was too short but I learned a lot. He's right, I don't have any boots to pull up the bootstraps! 💯
Moral of the story : if ppl don’t recognize your intelligence, you have to put your situation in your own total control.
Wow! 12 thumbs up to a comment that proves the writer is in denial about thinking "just try harder" works well enough. Ever see a high profile rich person hire a cheap lawyer? Not one in ten thousand have done this. Do the math about this reality. Why not save all those high fees and tell your cheap lawyer to just "try harder"? That's just one example off the top of my head. Better yet, hire a cheap black lawyer...Hmmm...put your money (and jail time) where your mouth is. It's such a no brainer that so many non blacks have absolutely no ability to think objectively. They actually think opinionating is an accurate way to problem solve.
@J H ...What do you think about this comment about others who don't recognize intelligence?
The best thing black families can do is create wealth for our children.
This was great! As an African American woman, I am inspired.
You just called yourself an African American woman, that was your first mistake. LUL!
Sieva Leavelle same! I just wish i could stop being so lazy minded and learn more
TranscendentalMental shut up
California flow. Not defending TM
but there is a point there...There is no such as Africa or African American...That land was conquered by Publius Cornelius Scipio Africanus whom dfeated Hannibal and named it after himself....The original name was
Eden Kemet Havilah-gold Cush Ethiopia see genesis chap 2
also check out dvds Hidden Colors
#1 - # 4 especially #1 will break it down for ya...so TM should not shut up..Not defending TM
jb
John Benjamin im looking for that
This was a very informative video. It was a nice way to hear some of the experiences that African Americans in the 1% have. Thanks for creating this
Excellent documentary, thanks
Wealthy Black communities all over America - Past, present and both:
Oak Bluffs: www.townandcountrymag.com/society/tradition/a6668/oak-bluffs-african-american-community/
Olympia Fields: www.olympia-fields.com/CivicAlerts.aspx?AID=77
Sag Harbor: en.wikipedia.org/wiki/Sag_Harbor_Hills,_Azurest,_and_Ninevah_Beach_Subdivisions_Historic_District
www.nytimes.com/2020/10/01/t-magazine/sag-harbor.amp.html
th-cam.com/video/QoniFMtSXcw/w-d-xo.html
th-cam.com/video/lWwPy8i9gfg/w-d-xo.html
Highland Beach: en.wikipedia.org/wiki/Highland_Beach,_Maryland
www.highlandbeachmd.org/?mobile=false
www.nytimes.com/2009/09/04/greathomesanddestinations/04Highland.html
whatsupmag.com/news/highland-beach-chesapeake-bay-maryland-s-first-african-american-incorporated-town/
Palmers Wood: www.google.com/amp/s/amp.theatlantic.com/amp/article/308403/
th-cam.com/video/3RIBLh7MQLE/w-d-xo.html
th-cam.com/video/DHWzzolsMUE/w-d-xo.html
palmerwoods.org/
www.niche.com/places-to-live/n/palmer-woods-detroit-mi/residents/
statisticalatlas.com/neighborhood/Michigan/Detroit/Palmer-Woods/Race-and-Ethnicity
www.niche.com/places-to-live/n/palmer-woods-detroit-mi/
www.addressreport.com/report/neighborhood/detroit-wayne-county-mi/palmer-woods-detroit-wayne-county-mi/?display=true
www.areavibes.com/detroit-mi/palmer+woods/crime/
Mound Bayou: Historical Background: mississippiencyclopedia.org/entries/charles-banks/
www.blackpast.org/african-american-history/mound-bayou-1887/
blackthen.com/mound-bayou-mississippis-jewel-delta-largest-black-town-u-s/
mississippitoday.org/2018/05/19/mound-bayous-history-a-magical-kingdom-residents-fight-to-preserve/
www.mississippifolklife.org/articles/a-place-apart-mound-bayou
www.onlyinyourstate.com/mississippi/unusual-story-behind-mound-bayou-ms/amp/
www.google.com/amp/s/misspreservation.com/2011/07/12/the-jewel-of-the-delta-mound-bayou-mississippi/amp/
medium.com/@cathrynstout/love-letter-to-mound-bayou-ms-and-all-historically-black-towns-eaae7183948d
en.wikipedia.org/wiki/Mound_Bayou,_Mississippi
www.npr.org/2017/03/08/515814287/heres-whats-become-of-a-historic-all-black-town-in-the-mississippi-delta
hptfamily.files.wordpress.com/2013/03/the-voice-vol-4-duplicate2.pdf
Sweet Auburn: en.m.wikipedia.org/wiki/Sweet_Auburn
'The Black Beverly Hills' - Ladera Heights, Baldwin Hills, View Park and Winslow Hills: www.google.com/amp/s/abc7.com/amp/black-beverly-hills-baldwin-ladera-heights-real-estate/7222331
www.latimes.com/business/realestate/hot-property/la-fi-hp-neighborhood-spotlight-ladera-heights-20180707-story.html
www.latimes.com/local/la-me-adv-view-park-20150719-story.html
www.latimes.com/business/realestate/hot-property/la-fi-hp-neighborhood-spotlight-baldwin-hills-crenshaw-20170429-story.html
DeSoto: www.google.com/amp/s/www.nbcdfw.com/news/local/affluent-african-americans-flocking-to-desoto/132513/%3famp
Prince George County: en.wikipedia.org/wiki/Prince_George%27s_County,_Maryland
Bronzeville: www.urbanjuncture.com/community
www.chicagomag.com/Chicago-Magazine/September-2015/Margo-Jefferson-Negroland/
Idlewild: en.wikipedia.org/wiki/Idlewild,_Michigan
Sugar Hill, Jacksonville, FL: www.thejaxsonmag.com/article/americas-lost-towns-of-black-affluence/
www.thejaxsonmag.com/article/vintage-photos-sugar-hill/
Sugar Hill, NYC: above110.com/harlem-nyc/sugar-hill-nyc/
www.google.com/amp/s/ephemeralnewyork.wordpress.com/2013/01/28/sugar-hill-once-harlems-most-glamorous-enclave/amp/
Durham, NC: en.wikipedia.org/wiki/Black_Wall_Street_(Durham,_North_Carolina)
There are many more but these are a good start...
I'm going to be the next Shelia Johnson! Living the fab life in my 50's!! 🤑😎😘✊🏿✊🏾✊🏽✊🏿
It's very true, the market discriminates. My white mother who's a realtor, says despite discrimination training, she sees a lot of racial preference in predominately white home neighborhoods.
Your mother's a self hating moron probably...
J0k3r4U You're kidding, right? She's very smart and sharp. She's shocked by the stupidity of it all. It's ignorant. We live in Washington DC. No matter the color of your skin, many people here are degreed with professional jobs. So why is a black family still denied equal opportunity to look at homes in an area they like? Just 10 miles north west of Washington DC, and there is racial preference. It's ridiculous.
J0k3r4U oh and please. She hates herself? She respects anyone who has successful careers, it's pretty shallow. She'd easily call whites trailor trash if they didn't go to college. My mother values money, and that's how I know it's a fact and not sentimental thoughts or opinions.
Outermost_Owl
The racists are not going to acknowledge, what has happened in the past and what is still happening today. I am also biracial(half white, half white). The unfairness the black community or any minority is going through is sadening.
Swami Anesthesia
Please do not get me started on this. I am half white, half black and consider myself to be both. I want the whole world to mix so we can no longer judge someone by the color of their skin, I want this racism non sens and unfairness to stop.
And it is happening, slowly but surely.
Do you research, realise what the root of a problem is. Stop lying to yourself and stop looking for excuses to stay racist.
I came to this country as an adult with nothing . Today I am considered a middle class.Generational wealth had nothing to do with it.
Why were there more self-made black millionaires in the 1930's than in the 1970's?
Why were there more stable 2-parent black homes in the 1930's than in the 1970's?
Why were black professionals looked up to the black communities in the 1930's, but called names and derided in the 1970's and later?
Why aren't the people in this video glorified, seen as models in all black communities?
Because if the war on drugs, excessive prison sentencing. Which greatly affected black males leaving the families with one income. And please do your research welfare was created for white Americans and they are still the largest number of recipients despite the wealth gap and privilege as compared to their black counterparts.
I'll tell you why: the moral decline in the black community trying to emulate a certain part of white culture in this country. We had community, pride and purpose and were united before free love, the women's movement, integration and abortion became the norm. Government, social programs, Hollywood and the prison systems grew in the process and got filthy rich. That's what produced more poverty than anything for black folks in America. These things took away our independence and the influence the church, neighborhood schools and family had on the black community. As a result, our young people are still "doing their own thing" instead of listening to wisdom from those that are truly woke and see what has really been going on.
...it GOT ...even...worst after ...spare...the...ROD...spoil...The...child..!!
@@FancyFallon
Actually, it all started Lyndon Baines Johnson and the War On Poverty and No-man-in-the-house welfare. Much of what has ailed Black people for the last 55 years was under Democrat leadership.
@@sonyawood3978
The Democrat Party destroyed the Black community.
they got a 400 year head start lets. stop the bs
The name of the game here BLACK people is: S.S.I.= Save, Spend and Invest.
@Proven reality *65 is never to late. Keep going regardless of age.
I'd cut out the saving and spending part though. Just INVEST. Savings accounts pay very little interest. INVEST in dividend bearing index funds and in RE. THAT is the way to go! Do NOT spend if you can help it. Live BELOW your means so that You can put that money into INTEREST YIELDING INVESTMENTS.
I’d love to talk with this lady some more. She is so realistic and humble. She has class and she’s brilliant!
Ms. Johnson confirmed, it is Lonely at the top....
It's sad, as she even say, no matter how much you have; you are still who you are. At top you are still a black person. that reminded me Oprah's experience in Switzerland!!!
It is lonely at the top but it's a clear view.
Because racists are all up there..... the AMERICAN 1 %
L C hi pretty, I want to talk with you
I bet she can cry about it in her Mercedes.
Wasn't the first female millionair a black woman Madam CJ Walker?
Thomas P Green 100%Correct.
Thomas P Green
First Self made millionaire. That is an important distinction
Thomas P Green
I think you mean the first black female to become a millionaire, not the first female.
JAHSHIFT the first selfmade female period of any other race
Jahshift , The first female millionaire who was self made.
White women were rich based on their husbands exploits....
These people appear to be goal driven. My goals this weekend is to get drunk and laid. I guess that's why I'm stuck with a regular job.
PS4&Beer lol
PS4&Beer The coolest thing I see as a resident of Atlanta is this rare breed of black men who start and grow really successful engineering, construction and IT services businesses. They are so motivated because they take themselves seriously. We also have a lot of emotionally dysfunctional males here who only want to play games olbecause they only feel like they’re winning when they’re getting over on someone. But if they could just see these brothers, these movers and shakers, they’d see that nothing is impossible For those who believe in the Lord God.
Your goals are such because you want self satisfaction which boils down to the want to be loved
Give dont take and you will be successful
You don’t have the entrepreneurial spirit
And that’s ok
Punch your clock
And take your measly salary
Ignorance is not limited to the poor, it is a condition that plagues both the poor and the wealthy. The point of this is that the gap between the 1% and the poor is growing wider, flushing out the middle class, thus upsetting the balance of power.
This just shows that there is more than one black experience
Exactly... black folk aren't monolithic.
Only a black person from the 1% would admit that you need some sort of help to get to that kind of success. I loved his response to people saying "this is America, pull your laces up". How can you if you don't have boots? Most rich people will never admit this truth because they're full of ego and denial. They don't want to deal with the guilt of hoarding money at the detriment of the world.
Yeah, most people who are rich had some sort of help. They won't admit it. The BET lady said her dad was a neurosurgeon so she wasn't short of money.
Say that to all the asian immigrants that is getting the highest paying jobs all across America, even above white people.
Are you saying that you've conducted a study and found that the Asians getting jobs higher then white people are from the slums? Are you saying that you know they are not from prominent Asian families back in Asia? Or is this your humble opinion? Or do you know all the Asians personally? You sound like a dumb ass.
@@Danuxsy Have you ever asked an asian Americans how they came to America at the first place, they are the most talented and wealthiest that are even allowed in your skewed capitalist society.
Looks like the lighter your skin is, the better are the chances to be part of that "special 1%".
MathildeSyrup always has been that way.
So, you didn't see the first couple??
you dont get picked to be in the 1% you have to work all the people in the 1% either got money from their parents (their parents still worked their asses off) or worked their ass off
No, with smart work and dedication you have a better chance.
More like the harder you work, race has very little to do with it lol. People like you need to stop blaming black people being poor on white people
As a realtor its is usually best to take down pictures in a home to make the new home owners feel like it's there home..,BUT I have no idea why would the realtor say u have to take it down so that the next home owners won't know this home is owned by blacks. That's ridiculous and it is also taught in our class we take. She could have lost her license for that.
yeah I agree my aunt she was selling her condo and she had to do the same thing take down the photos and try and make it look like it wasn't her home so people that come in to see it can Envision it like their home but what the realtor did was wrong it doesn't matter if you're white black Asian there's no need to be rude about it it's like yeah I'm black so I'm human I don't know it's all about what you say and how you say it
I disagree. I'm not a realtor. But it does make sense. If you're selling an expensive home, the buyers will likely be white. Seeing as how most of the country has a subconscious belief that black is synonymous with poor, it makes sense that pictures of a black family would make the buyer feel as if the home is worth less. It's an unfortunate moral dilemma for the seller. But the realtor was being straight as an arrow with that advice.
gemini2633 it’s really common sense to us because we see the world for what it is. Whites don’t wanna feel like they live amongst blacks or share a neighborhood w blacks. You can feel superior in a exclusively white neighborhood
@@ballwizz23 n, these comments r proof again that peoole would rather beg 4 poison if it tasted like sugar. #TruthHurts
Yes, thank you. I was told that too when selling my home. It helps the prospective buyer to see themselves in the space.
They are so humble. I love it ✊🏾💯✨✨✨
honestly, every time I see a video or article about this race thing in the states I get so confused. is it really so hard for a country that's supposedly developed to get rid of something that is undeniably backwards? gosh.
JaeLafayette Have you ever heard of Charles Manson?
PrivateInvestigator672 so you believe that this mentality is gone what about jim crow and civil rights movement , black panthers, Toyota just got exposed and few other banks for having higher interest rates to blacks , chinese, mexicans. Then got police brutality thats been a problem before smart phones you just choose to not notice because its not a problem for you. Also donald pulled those old south will rise again people to the light. Racism still exist the KKK still exist.
*****
The race war, otherwise known as "Helter Skelter", was predicted by Charles Manson.
PrivateInvestigator672 how was the black panthers racist and terrorist and if you think they bad what about kkk they actually killed people and got away with it countless times blowing up churches and seting fire to home with children in it. While the black panthers didnt kill not one person and they had breakfast dinner for starving children in the community they was they to protect from police brutality that was way worse then now and was easily sweeped under the rug
PrivateInvestigator672 Exactly the media is using this stuff to make us even more divided than in the past ten years. Media's propaganda is making this country worse.
This video makes the fact that having a one percent is acceptable?! wtf?
I don't need to be in the 1%. I just need to make enough where I don't need to think about the price of everything I buy
So proud of these guys , they’re such an inspiration
Its like unearthing a dead body with all the signs of foul play, but never questioning the existence of a murder weapon or the very circumstances by which it got there. . . Instead, the conversation picks up with how lucky, smart and blessed the observers are to be standing and breathing.
Yes!
Damn. You told it.
Thank you. I'm tired of all these poor ignorant souls with misplaced hatred complaining about "victimhood" I can understand in a way where they could be coming from, but that is NO excuse to want to alienate yourself from a community in need and turn your back just because you've been brainwashed into believing in the dehumanizing, fundamentally flawed, capitalist, nightmarish, unattainable "American Dream."
How about we have the *40% and 60%,* while there is no 1% ultra rich who have the 90% of everything.
There will always be a 1% kinda how stats work. What CNN wants you to believe is that its 99% poor as hell and 1% super rich. That's not how it works. The top 40% are still worth over 160 thousand. That's net worth not income.
Showcase the Latino 1% here in the states.
MatthewJ Reyes latino is not a race
Sienna Barlow neither is black, white or asian. Race used to be a term for different 'human species'
adonai yah well it's not anymore. language evolves. black, white and asian are races but latino is an ethnicity.
Sienna Barlow It's all arbitrary made up concepts
nitrologly true but that doesn't mean it doesn't exist. race is recognized in our society which means it exists. you can't just say "race is a social construct" and pretend it doesn't affect people because it does. lots of things are social constructs but they still exist. for example countries. am i no longer american because countries are social constructs? should "mexicans" be able to cross the "american" border illegally because the idea of separate countries is a social construct?
They should show these people more instead of shoving jay z in peoples face
I will not give up 💪🏾💯🙏🏾
What are u working on?
NEVER GIVE UP
Street raised McDonald
that is exactly the thinking that enslaves you 200 years after the union sold us all into bondage
@Harris Brandon Never give up man. Jehoshaphat said “Fear Not! The fight is YHWH's not yours.” . Please don't give up, you do not realise just how close you are to a breakthrough. I will say a prayer for you🙏
This video speaks volume! I worked for an organization that invested in the community and offered program and services for free. The founder of the organization was well off and funded it. Despite community events, programs, and services, only a handful of people took advantage of the organization. Even after the program was recognized by national organizations and leaders, people still refused to participate. I believe the 1% are people who saw an opportunity and acted on it. Too many people want something for nothing and commitment is a rare trait. It's possible to join the 1% club.
To be in the 1% you don't even have to be a millionare LOL
Oikawa Tooru yes, yes you do
LeNerdGirlYT not true, you have to make more than 500k a year. After taxes idk how much that is but with food spending and such you're considered in the top 1% for a few years before you're a millionaire.
Oikawa Tooru $500,000 a year is just a comfortable salary but it's not wealth. If you paid attention the video starts out by showing wealth begins by having at least $7.4 million in assets. Until then no one is wealthy
Robertking1996 I'm just telling you what the 1% makes in America. 7.4 million dollars is like 0.01%
LeNerdGirlYT no. Oikawa is right. If you're a millionaire you'd be in the 0.01%. To be in the 1% you only need to make a modest 6 figure salary.
This is inspirational! Let's make it %5 !
But just because you don't have wealth that's passed down through your family doesn't mean you have to kill each other, abuse women, do drugs, and drop out of school.
caleb hunter U must not be black. It's no point of trying to explaining that every fucking racist does that not just black people so get the fuck outta here
I'm proud just to see their success ~
i feel though that nowadays, it'll be even harder for anyone to breakthrough into that 1%.. not only because of discrimination,, but due to things like general competition.. there are even more ambitious people now than there were before.. and the government have come up with even more ways to make debt a common thing.
not to mention, most black people dont have the numerous amount of wealth to inherit.
then theres things like, there are so many other options out there, how will my business idea be №1...
like starting a hotel chain now, would require some serious magic to make it stand out.. especially with things like air bnb...
the worlds become so simplistic yet so complex at the same time ... -_-
But since you want to become one of the 1%, why not go an work, all day and night.
You wont reach anything whit out working for it.
It has nothing to do with discrimination, but everything to do with you.
Judge lol i don't want to become part of the 1% personally.. i'm just saying that getting into the 1% will be harder for those that do want to.
but yes discrimination in workplaces still exist and therefore will still make it hard for certain people to get there in comparison to those who have natural privileges .
and FYI how you earn money isn't 100% about the person.. there's multiple factors that would affect it, and not to mention, you can try and work as hard as you want, but some people just can't "keep" the money they're earning..
Judge GTFOH with that pull yourself up by your bootstraps mentality. I'm not saying hardwork is not important but sometimes life and circumstances stop even the hardest working people in their tracks.
RohemaWitten
No it wont, if the person is determinded to get to somewhere.
He will do it.
But he wont say the reason why something didn't work out, isnt his own fault.
Some people where in the most hardest circumstances in there life, but in the end they reached what they wanted.
I've got a better question for you: why does this 1% holds most of the country's wealth while so many people are homeless and cannot afford health care? What is wrong with you people??
well this is america 🤡🤡
Well said...
It took her TEN YEARS to get approvals to build what she wanted to build on her OWN LAND!
Imagine "never being more afraid for your life" than the time you tried to use your hard earned money to build what you wanted to build. The way she felt the need to whisper it made me so sad😔