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When it comes to show business families, few — if any — have had the impact of the Gordy family. Under the tutelage of Berry Gordy, Motown Records produced some of the biggest hits of the Golden Age of Music. From a former boxer to creating “The Sound of America” — according to The Motown Museum — Berry Gordy has certainly created a lasting empire. According to Celebrity Net Worth, in fact, Berry Gordy’s net worth even after he sold Motown Records in 1988 is a gob-smacking $400 million. And the Gordy family continues to be relevant in both music and business. Whether it’s by blood or by marriage, chances are that you’re currently enjoying music, movies, television shows, and more from this show business legacy family. Believe it or not, too, there are some members of the Gordy family that are nowhere near the entertainment industry. Did you know that one of the most prominent Gordys went into politics — going so far as to become one of America’s presidents? In short, members of this...
Financial education in the Black community is often a concept that’s not grasped until adulthood. Even then, many young adults struggle to manage their personal finances because they’ve never received a solid foundation in saving and investing. When former Nickelodeon executive and Goalsetter founder Tanya Van Court set out to create her financial literacy platform, she understood that she had a higher calling to close the wealth gap between Black and brown families in America and educate Black youth all across the country. The idea for her revolutionary platform came from her then eight-year-old daughter who asked for enough money to start an investment account for her ninth birthday. Van Court knew that if she could combine her knack for understanding the language of kids as well as her personal connection to financial education, she could create something powerful to better equip Black America’s youth to take charge of their finances. “I didn’t want to be an entrepreneur. It’s...
Over the last few months, Black people have proven to be resilient in the face of adversities, especially when it comes to working together to better our communities. The work to improve our economy starts within our own communities as we strive to progress under systems that weren’t initially designed for us to succeed. To rewrite our narratives, 19 Black families banned together to recreate what has the potential to be the new Black Wall Street in Toomsboro, Georgia, according to Because of Them We Can . View this post on Instagram A post shared by The Freedom Georgia Initiative (@freedomga2020) Seeing the lack of safe and secure spaces for Black people inspired these families to develop a viable solution to having more self-sustaining communities where businesses, consumers, and entrepreneurs can all flourish. Reports from BOTWC stated that realtor Ashley Scott — a native of Stonecrest, Georgia — was fed up with the country’s conditions after witnessing the murder of Ahmaud...
Black communities across the United States who have been fighting to stay afloat are now faced with another massive threat — mass evictions. Last month, 32 percent of U.S. households were unable to cover their rent or mortgage payments, according to CNBC . The latest round of stimulus packages presented by GOP leaders excludes rent relief that many families need during this time, especially in the Black community. WhoseYourLandlord — a Black-owned mobile platform that empowers and informs the rental community through landlord reviews and housing literacy content — is taking action on behalf of Black families across the country to provide grants and resources to help renters cover housing payments. Photo Credit: WhoseYourLandlord This week, the platform launched its new WYL Rent Relief Package , which both distributes rent relief funds and micro-focuses on assisting Black families, as they’re the most neglected group in the U.S. population. Among other detrimental factors, COVID-19...