Kanye West Richest Black Man Status Exposes A Huge Racial Gap in Wealth

Kanye West Richest Black Man Status Exposes A Huge Racial Gap in Wealth

At 6.6 billion dollars, Kanye West becomes the richest black man in America. In 2016, Kanye West was sitting on a $50 million debt, and within the space of 5years, he is not just debt-free but the richest black-American. This is a huge feat for the rapper and owner of the Yeezy brand. Kanye has…

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How to Handle Black Tax

How to Handle Black Tax

In the previous post, the system of black tax was explained as a tradition common among black people, where individuals are bestowed with the responsibility of taking care of the needs of their parents, siblings, and even members of their extended family. Therefore, when budgeting, they are expected to budget for the needs of others….

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Black Tax

Black Tax

If you are Nigerian or African, the concept of black tax is not alien to you. Even African Americans go through this process daily. However, most people are unaware that their situation is called Black Tax. This situation is tagged black tax because it is common among black people. What is Black Tax This a…

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EXPLAINER: How Elon Musk took away Jeff Bezos’ position to become world’s richest man.

EXPLAINER: How Elon Musk took away Jeff Bezos’ position to become world’s richest man.

On Wednesday, January 6th, the co-founder of Tesla, Elon Musk overtook Amazon’s Jeff Bezos’ to become world’s richest man. The 49-year old business tycoon, became world’s richest man at exactly 10:15am in New York on Wednesday when his total net worth surged up to $186bn(£136bn). This made Elon Musk $1.5bn richer than Bezos who had…

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10 States In Nigeria That May Survive Without Receiving Monthly Allocations From Federal Government.

10 States In Nigeria That May Survive Without Receiving Monthly Allocations From Federal Government.

The three tiers of government In Nigeria namely: The federal government, state government and local government have the responsibility of carrying out their specific duties for the good of the public. These tiers have managed to survive financially from the revenue that comes from the sales of crude oil in the country. Although the federal…

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SEE WHO BOUGHT WORLD’S MOST EXPENSIVE SHEEP FOR OVER N190 MILLION.

SEE WHO BOUGHT WORLD’S MOST EXPENSIVE SHEEP FOR OVER N190 MILLION.

World most expensive sheep named, Double Diamond, was finally sold by breeder, Charlie Boden, in an auction held in the Scottish National Texel Sale in Lanark, on Thursday, August 27th, 2020. The Auction which initially started with a bid of (£10000) which is approximately (N5,172,997.8), dramatically continued, with the initial price escalating into higher bids,…

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INVESTING IN REAL ESTATE

INVESTING IN REAL ESTATE

Someone once said; ‘it is not about getting rich, it is about creating wealth instead’. Wealth creation saves you from financial crisis in the nearest future. One best way to create wealth is through investment and one lucrative form of investment is investment in real estate. Basically, real estates are properties consisting of lands and…

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