America's First African American Billionaire Demands $14T In Reparations...
Robert L. Johnson, the founder of Black Entertainment Television LLC, better known as BET Networks, says it’s time for America to “atone” for its sins of the past by “paying black people of all stripes — the rich ones, the poor ones, and the middle — out of our pocket.”
And by “of all stripes,” America’s first black billionaire includes himself on the list.
As reported by Vice on Tuesday, Johnson, the 75-year-old media magnate, who owns several homes, heads an asset management firm and was the first Black person to own a majority stake in an NBA team, in addition to a hefty price tag of $14 trillion, also wants an apology for slavery, Jim Crow, and “hundreds of years of racism.”
“Reparations would require the entire country to … admit that the result of slavery has been 200 years of systemic racism. And for that reason, black folks have been denied $13-15 trillion of wealth and therefore we as a country now must atone by paying black people of all stripes — the rich ones, the poor ones, and the middle — out of our pocket.”Our latest stories...