Black Wallstreet 2.0
The original Black Wall Street may be no more but in this generation we are seeing a great shift and a “new” black wall street being developed.
- According to the U.S. Census Bureau, In 2019, there were 134,567 Black-owned employer businesses, up 8% from 2018.
- These businesses weren’t twiddling their thumbs–they had $133.7 billion in annual receipts, 1.3 million employees and about $40.5 billion in annual payroll. Yep. As Black and as magical as it gets.
- Black women currently account for 2.7 million business owners nationwide
These numbers show we’re taking ownership, taking up more space, and hopefully that will translate to building more wealth.
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About the Host
Rianka R. Dorsainvil
Rianka R. Dorsainvil, CFP®️ is the Co-Founder and Co-CEO of 2050 Wealth Partners a virtual, fee-only comprehensive financial planning firm dedicated to serving first-generation wealth-builders, entrepreneurs, and thriving professionals. Rianka also hosts 2050 TrailBlazers, a podcast aimed to address the lack of diversity in the financial planning profession by engaging industry experts and leaders in conversation.
As an award winning successful, millennial Certified Financial Planner professional, Rianka offers a unique perspective not only on the current state of the financial service industry, but on how to stay relevant in an ever-changing world.
Rianka serves as a member of CNBC’s Digital Financial Advisor Council and CFP Board’s Diversity Advisory Group, is a Forbes Personal Finance Contributor, and has been recognized for her accomplishments and leadership within the industry by leading publications and organizations such as Investment News’ inaugural 2017 Women to Watch Rising Star and Wealth Management’s Ten to Watch in 2018. She has been published in PBS NewsHour, Forbes, USA Today, Black Enterprise, CNBC, Women’s Health, and more.