Jay-Z recently became the first billionaire rapper.
Sure, his music is profitable. But his investments were more so, and he’s just getting started. In his song, “The Story of OJ,” Jay-Z talks about financial literacy to show African American youth how it works.
For many African Americans, financial illiteracy is a function of several factors, all of which revolve around the lack of wealth, including institutionalized racism and perennial low wages.
Today on All Sides, a look at the history of wealth and financial literacy in African American communities and what’s being done to change the trajectory.