Black Celebrities Aren’t Really Billionaires

lib123

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Black celebs lying to the public about ownership when they basically have endorsement deals and don’t own shyt bothers me

Exactly. We’re supposed to believe Rihanna owns 50% of Fenty when LVMH put up the startup capital, manufacturing, marketing and distribution. She probably owns 50% of the trademark.
 

BlackJesus

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Most “celebrity billionaires” aren’t actual billionaires. Has nothing to do with black folks unless you’re a c00n that wants to single us out for the same thing cac celebs can be called out for. If fame was the catalyst to being a billionaire then trust that it’s most likely bullshyt. Black, white, Asian… whatever.

Man shut up :what:
 
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"They list Black billionaires to keep Black people from challenging the system"

Straight foolish shyt to believe or repeat.

It is not completely false. Black people don't own the means of production and are largely consumers, and then distributors in some areas—all while being among the biggest consumers of media and entertainment (a major source of escapism and also a major source of Black wealth). All of this was INTENTIONALLY designed: from agricultural lands being confiscated, to successful businesses being overrun by highways, higher taxes, no access to loans, etc.

Furthermore, how many times have we seen these Black billionaires paraded as a group whose wealth can be added up but also taken away the moment they don't behave as expected?

So, it’s not foolish to question how media narratives shape perception. Highlighting a few Black billionaires can create the illusion that the system is fair, when in reality, most systemic barriers remain intact. It gives comfort—> the idea that everything is secure and safe, that this system with its flaws is still the best you can achieve and that in the end, if you just accept a lot of discomfort, you’ll eventually make it too. These success stories are often used to promote individual aspiration over collective change, which can distract from deeper issues.

P.S. My comment is not about denying black success. These Black individuals worked hard. My point is simply to recognize how those stories are framed and why.

Seriously, some of you have seen how the American system props up ignorant Black entertainers as “Black voices” to say, “See, it’s not me saying it, it’s a Black person doing that.” But then struggle to see how Black billionaires could be weaponized against the majority?

“If this country has so many systemic barriers, then why is Michael Jordan so loved and wealthier than most whites? How come my wife and her sisters used to watch Oprah all the time? How come my mom couldn't sleep without listening to Whitney Houston? How come my parents used to dress me like Michael Jackson? My business role model is Robert F. Smith. So that’s bullshyt, just stop complaining and work harder:hhh:"
 
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lib123

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It is not completely false. Black people don't own the means of production and are largely consumers, and then distributors in some areas—all while being among the biggest consumers of media and entertainment (a major source of escapism and also a major source of Black wealth). All of this was INTENTIONALLY designed: from agricultural lands being confiscated, to successful businesses being overrun by highways, higher taxes, no access to loans, etc.

Furthermore, how many times have we seen these Black billionaires paraded as a group whose wealth can be added up but also taken away the moment they don't behave as expected?

So, it’s not foolish to question how media narratives shape perception. Highlighting a few Black billionaires can create the illusion that the system is fair, when in reality, most systemic barriers remain intact. It gives comfort—> the idea that everything is secure and safe, that this system with its flaws is still the best you can achieve and that in the end, if you just accept a lot of discomfort, you’ll eventually make it too. These success stories are often used to promote individual aspiration over collective change, which can distract from deeper issues.

P.S. My comment is not about denying black success. These Black individuals worked hard. My point is simply to recognize how those stories are framed and why.

Seriously, some of you have seen how the American system props up ignorant Black entertainers as “Black voices” to say, “See, it’s not me saying it, it’s a Black person doing that.” But then struggle to see how Black billionaires could be weaponized against the majority?

“If this country has so many systemic barriers, then why is Michael Jordan so loved and wealthier than most whites? How come my wife and her sisters used to watch Oprah all the time? How come my mom couldn't sleep without listening to Whitney Houston? How come my parents used to dress me like Michael Jackson? My business role model is Robert F. Smith. So that’s bullshyt, just stop complaining and work harder:hhh:"

 
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