Self-made black multimillionaires PDF Print E-mail
Written by StreetTeam on Monday, 20 July 2009 00:00   

ABOUT THE SHOW It's an American success story. Self-made black multimillionaires, many of whom grew up poor, have made vast fortunes in the sports, entertainment and media industries.


The new moguls made their millions under the age of 40, primarily by taking more ownership and control over their brands than their predecessors. Collectively, black athletes in the NFL, NBA, and in Major League Baseball earned nearly $4 billion last year and the nation's 20 highest-paid hip-hop entrepreneurs brought in more than $500 million. Now, with their newfound wealth come responsibilities to their family, friends, and community.


Based on Lee Hawkins' forthcoming book of the same title, NEWBOs: The Rise of America's New Black Overclass examines the growing responsibilities of black celebrities in the Obama age. The project features personal stories and interviews with some of the biggest names in sports and entertainment.It's an inside look into how each successful NEWBO surmounted challenges to achieve the American Dream.


Features NBA Star LeBron James, NFL Star Terrell "T.O." Owens, The Williams Brothers of Cash Money Records & Lil Wayne, Entrepreneurs and BET Founder Bob Johnson, Major League All-Star Torii Hunter, & Gospel Artist Kirk Franklin


Editor's Note: This is a very inspirational video to all those young black individuals who think all is lost. There is a way forward, with a little effort and trusting friends and family, anyone can make it in life.


 

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