a lot of these people who are featured aren't doing that well... 
This shyt was so fraudulent lowkey
This shyt was so fraudulent lowkey
Documentary on America’s black upper class
ORDER_66
I dont care anymore 2026
I'd say your plans are a hail mary as is.
Hopefully they come through, tho.
If I was you I'd be tryna come up with a plan that's more in my control as opposed to luck
You're smart as hell. No reason you can't game the system and level up a bit.
We don't even gotta be millionaires. I'm not. We can be good, tho
its nice to be positive but we need to face facts
1 in 50 doesnt mean shyt
Treeshaz
Banned
There more black millionaires than Asians in America breh
nobody should be happy with this ratio
Meanwhile you have Asians/Cacs beating us by long numbers
But you got it chief
1 in 50 not a bad number that's actually a better number than the UAE and even most of EU
KFBF
Superstar
A society of temporarily embarrassed millionaires.
I mean its nice a few of us is prosperous but the wealth gap, homelessness and despair of our future is real
MoveForward
Veteran
It doesn’t have to be though. I’m guilty of not having a nuclear family but that’s really all it takes. If you take two people that make 50k/year and that isn’t hard to do at all and they work together instead of working as two separate entities under the same roof, they can be worth a million in a little over a decade. Focus on paying off the family home, using equity properly to invest into a rental property or two and it’s totally possible.
I’m not even a boot strap type of dude but black people are literally trying to fight everyone with both hands tied behind our back. A lot of it is our own doing because we don’t see the value in family structure.
What would you say for brehs in their 30's?
*Paper Millionaire. The money's not liquid
MoveForward
Veteran
Most millionaires regardless of race don’t have a million liquid. Jeff Bezos doesn’t have $187 Billion cash that he can reach out and touch.
why da hell does anyone need 1mm liquid? If you do and don’t have an immediate investment ready (like 2-3 days) you’re losing tons of money.
That statement is a misrepresentation of reality.
Only 2% of Black Families Have a Net Worth Above $1 Million, According to New Study
-The families are not millionaires, they have a net worth of at least a million dollars
-In contrast, 1 in 7 white families have a million net worth
Only 2% of Black Families Have a Net Worth Above $1 Million, According to New Study
-The families are not millionaires, they have a net worth of at least a million dollars
-In contrast, 1 in 7 white families have a million net worth
Basically, it means most of your wealth is tied up in the value of your home.
Racism -- like covid -- is over. Great work, OP.
strongly disagree. whole life is an insurance industry scam unless you’re tucking away wealth that might trigger the estate tax (at least 12 million). otherwise that money is better in the market than the 5-7% a whole life will return. buy a 1mm term in your 20s for 10-20/month. buy another in your 30s for 50-60/month. buy another in your 40s for 200/month. make sure to take advantage of any policies offered by your employer as well. invest as much as possible in low cost index funds.
you can be illiquid without having most of your wealth tied up in your home. and even if it is tied up in your home, why is that a bad thing?
