If you can identify one African American or black citizen in America who’s rich or wealthy, and their bank accounts and opulence are not ultimately monitored and controlled by a white man, and I’ll show you a distortion of the truth. This assertion is not made to enrage or divide the citizens of America. However, it is provided to underscore a historical financial fact, and people of all races should be concerned about 1) its implications on the society in which they live, 2) how they may be affected by it, and 3) what it will take to change the circumstances so that all ethnic stakeholders are guaranteed some greater level of success about who manages their money, which ultimately boils down to who controls their livelihoods.
This may also interest you: “Black and Hispanic Americans Prefer to Take More Control Over Their Investments and are Driven by Purpose, New J.P. Morgan Wealth Management Study Finds”
Header Photo By: Cerqueira on Unsplash
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