What are rich black people doing to help black people?
 

Rich athletes taking a knee claiming racist treatment of blacks. How many of these multi millionaire athletes have used some of their money to back a black entrepreneur to establish a business in a black area? A business that would provide jobs in these areas for the people living there. Besides Oprah Winfrey how many other rich blacks are helping out fellow blacks with their riches? If there are any why isn't the media championing these individuals?

I used to live near Ft. Campbell, KY. As with any area around a military base there are foreign born spouses that married a military person. There is a large group of Koreans in that area and they help each other, a very tight group. If one of them wants to borrow money they do not go to a bank, there are people in the group that will lend the money to them. They help each other when starting a business by patronizing that business or working for the new business owner. When one gets sick someone steps in and helps them out where ever necessary.

Instead of taking a knee put your money where your mouth is and do something that will really help fellow blacks. Just like the Hollywood types that emcee a charity fund raising event. I remember one was asked how much they donated and the response was they were donating their time to emcee the show. Can't part with that money, it's mine.

Just A Partial List (click here)

And not a one of them assisting black entrepreneurs in starting or expanding a business that will go much farther in assisting poor blacks to succeed. People need jobs, not charity that doesn't create any jobs.

I'd like to add to my earlier statement. A job makes a person feel good about themselves. Charity handouts insults a person who wants go get ahead on their own. We know you can't do it on your own so take this pittance and thank us. When people feel good about their accomplishments they will take pride in their neighborhood and encourage their family to improve themselves.

I actually believe that there are many black athletes, black people in the entertainment industry (Oprah and Tyler Perry come to mind) and wealthy black businessmen that contribute a lot of money to poor communities. I know there are some great stories...

You are missing my point. Charities don't create jobs, they create dependence. Plus a donation to a charity is tax deductible, backing an aspiring business person puts your money at risk and no tax deduction.

Well, he cannot help personally anymore but Kobe Bryant did a lot for charities he supported and was well liked by all. Honor Kobe Bryant's legacy through the charities he supported

Kanye West does a lot. Kanye West: Charity Work & Causes - Look to the Stars

Here are a few black athletes that are trying to help underprivileged children achieve a better life:

Tiger Woods Foundation provides money for deserving but impoverished students who want to go to college. It awards dozens of grants to improve under-privileged children’s health. Millions of young people have benefitted from his generosity.
The foundation has doled out over $30 million in grants, scholarships and internships. It also provides specialized education on such courses as graphic design, marine biology, and aerospace engineering so that these students have a meaningful career upon graduation.

Derek Jeter launched the Turn 2 Foundation. Its goal is to “create and support signature programs and activities that motivate young people to turn away from drugs and alcohol and ‘TURN 2’ healthy lifestyles”. Over the last 20 years, the foundation has donated approximately $1 million annually to its cause.

The Lebron James Family Foundation gave $2.5 million and 1,000 new computers to the Boys and Girls Club of America, and James himself gave $2.5 million to the Smithsonian National Museum of African-American History and Culture. His foundation has raised $40 million for the After-School All-Stars and his I Promise program provides mentors, supplies, support and programs for 1,400 Akron students — much of which comes from James’ own donations.

Charity is nothing but a handout to people that are receiving other handouts while the contributor is getting part of their money right back!

lower income blacks and whites give a higher percentage of their discretionary income than the middle class or rich and to charities focused on social services. The rich give a lower percentage and mainly to charities such as the arts and universities although to social services also. However their dollar amount from the rich is 70 percent of total charitable giving. The middle class gives the lowest percentage.

One of the guys on shark tank (black fellow cannot think of his name right now) does help entrepreneurs succeed.

If you want to give your money away, good for you. But, in my opinion, the best thing the Government could do is to eliminate all tax deductions for charities. Most charities are created to gain prestige, or worse yet, to make money for the people who set them up. The IRS rules for charities are so loose that you can create a charity, raise millions of dollars, and spend pennies on the people who you claim to be helping. Most charities are scams, and the taxpayers end up being ripped off.

Sure, at a whopping 30 - 45% of the NEW Company earnings, your man their is a "Loan Shark"! :yuck:

I give people credit if they are trying to do something to help the underprivileged achieve a better life. I don't care if it's charity. I don't care if they get part of their money back. They're doing SOMETHING. They are trying to have a positive impact on underprivileged people.
In a previous post, I listed a number of black leaders who funded programs that provide scholarships and aim to get kids to reject drugs. I have no idea how successful any of these programs are. But at least there's an effort to try to affect change. They're trying to make an impact.
Give them credit for at least making an effort. You don't know how successful these programs have been...

So doing something even if it accomplishes nothing is good? As I keep saying, create jobs for people, that requires more effort than just writing a check to a charity to make you feel good because you did "something".