shomari wills This is a topic that many people are looking for. khurak.net is a channel providing useful information about learning, life, digital marketing and online courses …. it will help you have an overview and solid multi-faceted knowledge . Today, khurak.net would like to introduce to you Interview with Author of Black Fortunes J.P. Morgan Reading List J.P. Morgan. Following along are instructions in the video below:
“I m darin oduyoye. From. Jp morgan and welcome to our. Jp morgan summer reading reading list series now in its 19th.
Year our jp. Morgan summer. Reading list is curated collection of books that are submitted by our clients. And by our bankers from around the world.
The topics range from everything from digital innovation to entrepreneurship to philanthropy current events. And more one of the selections from this year s summer. Reading list is which explores the untold stories of six of the first black millionaires in america our own sekou kaalund caught up with the book s author shomari wills to learn more about these stories of personal triumphs of grit and of leadership. Here s a look at that interview sekou.
Hello i m sekou kaalund from jp. Morgan and head of advancing black pathways..
A program. My firm has developed to build stronger paths towards economic success for black individuals families and communities today. I m joined by shomari wills author of book explores the story of six african americans who escaped slavery to become. Millionaires it s featured on the jp.
Morgan summer reading list as one of our top books to read this year. This story of pioneering entrepreneurs. Overcoming all odds is truly inspirational thank you for joining us shomari tell us what inspired you to write this book on these six remarkable entrepreneurs shomari well. I think i was partially inspired by my own family s history.
My great great uncle. John mac. Drew was one of the first black millionaires in the history of philadelphia. He owned a trolley line.
Which was later purchased by septa he had a negro league baseball team. And he was a wall street investor as well so i heard about the stories about rich uncle johnny throughout my entire childhood so that was always rattling around inside..
My head and so eventually that brought me to the stories of the individuals in this book and kind of trying to tell the unknown stories or the untold stories of the first generation of african american millionaires sekou. What do you think is the common thread that links these individuals ability to to achieve success against all odds shomari. I think they were fearless because the antebellum era and the era right after slavery was very dangerous time for african americans let alone an african american decided to become high profile and wealthy so they were just fearless they didn t cower they were never intimidated one story that comes to mind is a story of robert reed church. Who was one of the first black business owners in memphis after emancipation and in 1866.
There was a terrible race riot you know dozens of people were killed hundreds were injured there were millions of dollars of property destruction. And he was attacked by a race mob during this riot shot in the head and left for dead and he came back from that he survived the gunshot wound and he built a multi million dollar empire in real estate. So just the fearlessness and the inability to intimidate these folks for anything is really something that i think stuck out sekou. You said more than the biggest challenges of writing.
This book was the lack of information for african americans. At that time how do you overcome that shomari. So the way. I overcame that is that the records for african americans really get better after emancipation.
They re pretty much non existent before emancipation and most of those records. You know in the 1860s 1870s after emancipation they backdate a lot of events like births and marriages and deaths..
So i was able to get around it by finding the documents that were available from later on. But it s just really sad to see that you ve had this large group of people that were not counted in any meaningful way sekou. What advice do you have for african americans. Today who aspire to be entrepreneurs.
What can they learn from this history shomari. I think they can learn the value of just being aware of what s going on around you in the business environment. Even if you re not necessarily participating. In it a lot of the folks in this book were not allowed to participate in the business environment.
Whether they were involved in entertainment transportation. Extractive resources. Whatever it may be they still pay to paid attention to what was going on around them on an economic level. And so when their opportunity came they were able to leverage that knowledge to empower themselves and to enrich themselves so i think even if you can t participate in you know necessarily what s going on around you you can always learn from it and prepare yourself for a future time when you will be able to participate sekou your book shatters.
Some of the stereotypes that people have about black wealth in your mind. What does the future state of black wealth look like in america shomari well you know hopefully..
It s broader and more inclusive. You know the state of black wealth is much more nuanced than people think. I think we think of we have a very large almost ubiquitous black underclass and then you have a few athletes and entertainers when the reality is that there are african americans that are doing really well in a number of industries. And there is an you know they re a very large of african american who are battling with disparities.
Economically and there s a lot of folks in the middle. So just through that understanding to just have a more nuanced and intelligent response to the needs and to the disparities and to the opportunities that exist for african americans going forward sekou. How do you feel your book fits into the conversation of race today in america shomari. Well.
I think history is important in terms of the racial conversation for example understanding the history of disenfranchisement and grandfather clauses is important to understanding you know issues with voting you know today in the same way what happened to a lot of these characters and a lot of african americans. Where you had destruction of wealth you had the intimidation of african americans who were high profile and you had in a lot of times the plunder of wealth from early african american investors and monied folks. I think it s important to understand that as we try to understand racial wealth disparity today sekou thanks for tuning in to learn more about shomari s book and other top books on jp. Morgan summer reading lists follow us on social ” .
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