black wealth
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Hats Off to Black Excellence: How the Trifecta Gala Became the Kentucky Derby’s Best Party
Three siblings, “the most exciting two minutes in sports,” and one major philanthropic event. Now entering its third year, the Trifecta Gala has been named the “Best Derby Party” by Kentucky’s Louisville Voice-Tribune—and by all appearances, also by the celebs and well-heeled guests who flock to the annual festivities. “I always tell people that it…
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After Living in 21 Different Homes, I Finally Have My Own House
During the first 18 years of my life, my parents and I lived at seven different addresses. There was (in chronological order) my mom’s mom’s (Nana’s) house. Then an apartment in East Liberty in Pittsburgh. Then a house in Lincoln-Lemington. Then a house in Verona. Then another house in Verona a block away from the…
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The Richest Black People in the World, Ranked
Every year Forbes releases its annual ranking of the world’s billionaires, and this year, like every year, I woke up, checked the list of the richest people in the world and decided I’d better go to work. Amazon.com’s Jeff Bezos sits atop the list, passing Bill Gates, which makes sense because if you’re reading this…
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Wait Till I Get My Money Right: The Budgetnista’s Anti-Broke Cure for 2018
Tiffany Aliche, aka “the Budgetnista,” lives an all-cash life: Houses, cars, vacations—all paid for in cash. This preschool teacher-turned-women’s financial educator knows that everything you need to know about how to manage your money, you did not learn in kindergarten. She is the author of the Amazon No. 1 best-selling book The One Week Budget:…
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New Study Suggests Black Middle-Class Families May Have Zero Wealth in a Few Decades
Because of legalized segregation, job discrimination and racist housing policies, it’s not surprising that black and Latinx families haven’t had the same opportunities to amass wealth as white families have. But a new study—and an accompanying op-ed by one of its researchers—reveal that black and Latinx families have actually lost wealth over the last 30…