Forbes: The 20 Wealthiest Black Americans

I know 50 has to be on that list. In 2008 there was some article saying 50 was richer than Jay.
 
Originally Posted by ThrowedInDaGame


There needs to be more non-entertainers on that list, but hopefully our generation can change thatl
pimp.gif
. Dudes saying "where 50 is" and other nonsense. Do you seriously want those rappers to represent the top 20 wealthiest Black Americans? We need more non-entertainment businessmen and investors.
agreed.
 
Originally Posted by Gmills23

13)

[h1]Herman J. Russell[/h1]
Net worth: $200 million

Source of wealth: Construction, real estate

Residence: Atlanta

Age: 78
Real estate and construction tycoon learned the building business at an early age; father was a plastering contractor on construction projects. Herman bought a vacant Atlanta lot at age 16; built first property, a duplex. Founded contractor H.J. Russell Plastering Co. in 1953; later renamed H.J. Russell & Co. Helped build Georgia Dome and Turner Field. Annual sales approach $300 million. Family business: son Michael is chief executive, son Jerome is president. Also owns Concessions International; outfit provides food and beverage services to airports. Daughter Donata Russell-Major is vice chair. Largest owner of HUD-related properties in Georgia. Once owned stakes in pro basketball's Atlanta Hawks and hockey's Atlanta Flames. Now retired from day-to-day management; focused on philanthropy.


crazy, thats my homey's grandfather.



Is your homey Russ?
 
Originally Posted by angelzdope

Originally Posted by Gmills23

13)

[h1]Herman J. Russell[/h1]
Net worth: $200 million

Source of wealth: Construction, real estate

Residence: Atlanta

Age: 78
Real estate and construction tycoon learned the building business at an early age; father was a plastering contractor on construction projects. Herman bought a vacant Atlanta lot at age 16; built first property, a duplex. Founded contractor H.J. Russell Plastering Co. in 1953; later renamed H.J. Russell & Co. Helped build Georgia Dome and Turner Field. Annual sales approach $300 million. Family business: son Michael is chief executive, son Jerome is president. Also owns Concessions International; outfit provides food and beverage services to airports. Daughter Donata Russell-Major is vice chair. Largest owner of HUD-related properties in Georgia. Once owned stakes in pro basketball's Atlanta Hawks and hockey's Atlanta Flames. Now retired from day-to-day management; focused on philanthropy.


crazy, thats my homey's grandfather.


Is your homey Russ?

That would be correct
 
Originally Posted by In Yo Nostril

Originally Posted by Skip0011

magic? how is he worth so much? he didn't make a lot in the nba...
starbucks, tgifridays, 24 hour fitness and dirty movie theaters in the hood.
add burger king to the list. Dude bought up a bunch of BKs in the mid 90s.
 
uh...isnt income part of your networth?

net worth= all your assets and cash is part of your assets

you folks do have to consider taxes in the equation, they get tax at least 30% of their income and these people are also very big spenders

if you make the proper adjustments, their net worth should come to that as estimated.
 
Originally Posted by BgL2687

Originally Posted by In Yo Nostril

Originally Posted by Skip0011

magic? how is he worth so much? he didn't make a lot in the nba...
starbucks, tgifridays, 24 hour fitness and dirty movie theaters in the hood.
add burger king to the list. Dude bought up a bunch of BKs in the mid 90s.
I swear some people do not understand the concept of investing or real estate
laugh.gif
.

The guy with the biggest paycheck in the locker room, might not be the richest guy from that team 10-15 years down the road.
 
Originally Posted by ILL LEGAL OPERATION

Lock/Delete if posted.



[h1]Kobe Bryant[/h1]
Net worth: $140 million

Source of wealth: Basketball, endorsements

Residence: Newport Beach, Calif.

Age: 30

Son of former pro basketball player Joe "Jellybean" Bryant skipped college ball; jumped straight from high school to the NBA at age 17 in 1996. Drafted by the Los Angeles Lakers; parents had to co-sign contract. Now is one of the game's premier players; 11-time All-Star and league's 2008 MVP has won three world championships with the Lakers. Endorsement deals pad earnings. Nike launched Zoom Kobe IV earlier this year; company's "lightest basketball shoe ever." Centerpiece of director Spike Lee's latest documentary; crew of "Kobe Doin' Work" used 30 cameras to capture the player's every move during a game last year. Film will air on ESPN in May 2009. Owns a stake in Olimpia Milano, an Italian basketball team his father once played for.



Fail. Drafted by the Charlotte Hornets
 
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