Category: Black Wealth

Less Than 1% of Hotel Owners Are Black Women. This 34-Year-Old Is Changing the Game | TIME

African American Wealth, Black Wealth

  —  BY, ANNE-LYSE WEALTH Davonne Reaves is not your typical 34-year-old.  Last year, Reaves and her former college roommate turned business partner, Jessica Myers, brokered a historic $8.3 million deal to acquire a Hilton hotel. Through this deal, Reaves says they became the youngest Black women to co-own a hotel under a major hotel chain. […]

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Solutions of the Year: 3 Responses to the Nation’s Reckoning on Racial Injustice | Next City

African American Wealth, Black Wealth

  — Event By, Next City Tuesday, December 8, 2020 3:00PM – 4:00PM EST We are nine months into a deadly pandemic that has disproportionately struck Black and Brown communities. We are centuries into the equally pernicious plague of police violence toward unarmed Black Americans. Both realities are grounded in structural white supremacy. Both have […]

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JPMorgan Chase is making massive $30 billion investment in racial equity in the US | The Hill

Black Wealth

The financial giant recently pledged similar funding to alleviating climate change. — Alexandra Kelley, The Hill Days after announcing a major financial climate initiative, financial leader JPMorgan said it will commit $30 billion over the next five years that will be specifically allocated toward Black and Latino communities. The funding, which follows Black Lives Matter protests’ calls for […]

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