It Pays to Give: How Philanthropy Can Fuel Generational Wealth
On the road to wealth, giving away money does not immediately come to mind as a part of that journey. President & CEO of Alexander Legacy Private Wealth Management, Jacqueline Campbell, says that should not be the case.“Most of your major philanthropists talk about giving. If billionaires are talking about it, why aren’t we? You don’t amass your wealth that way, but you attract it when you are a giver.” Campbell has more than 25 years of experience in the wealth management industry. She managed an investment team
Wealth gap over last two decades costs $2.7 trillion in Black income
Wealth gap costs over last two decades: $2.7 trillion in Black income, $16 trillion to U.S. economy By Charlene Crowell America’s persistent racial income and the wealth gap reality are the result of four intertwined factors: housing, education, business ownership and access to credit. Closing these gaps would facilitate inter-generational wealth creation for Black America and also expand the nation’s economy by $5 trillion over the next five years. These findings come from an extensive report newly-released by a major bank. According to Closing the Racial Inequality Gaps: the Economic