Jay-Z recently became the first billionaire rapper.
Sure, his music is profitable. But his investments were more so, and he鈥檚 just getting started. In his song, 鈥淭he Story of OJ,鈥� Jay-Z talks about financial literacy to show African American youth how it works.
For many African Americans, financial illiteracy is a function of several factors, all of which revolve around the lack of wealth, including institutionalized racism and perennial low wages.
Today on All Sides, a look at the history of wealth and financial literacy in African American communities and what鈥檚 being done to change the trajectory.
Guests:
- 鈥婰awrence Funderburke, certified financial planner, alumnus of the Ohio State University men鈥檚 basketball team, former NBA player
- Rhonda Gaines, Lead Counselor of Housing Department, (S);
- Kimber Moehrman, teacher,
- Nan J. Morrison,
- Calvin Schermerhorn, School of Historical, Philosophical, and Religious Studies, Arizona State University
