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‘Melanin Money’ Tops $1B In Community Wealth, Launches $100M HBCU Initiative
['Selena Hill']
Black Enterprise
Melanin Money co-founders George Acheampong and Carter Cofield (Photo Credit: Courtesy of Melanin Money) Money by Selena Hill ‘Melanin Money’ Tops $1B In Community Wealth, Launches $100M HBCU Initiative The wealth-building platform is empowering Black communities and HBCU students with financial education tools and strategies.
Melanin Money, a financial education and wealth-building platform, is one step closer to its goal of closing the racial wealth gap.
“We discovered an article predicting that Black wealth would hit $0 by 2053.
The 35-year-old self-made millionaire added that Melanin Money clients have increased their net worth by over $100 million in just a few years.
Source: (L-R) Chris Sain, Carter Cofield, Terrence J, and George Acheampong at The Melanin Money Awards GalaThe conference culminated with The Melanin Money 100 Awards Gala, which recognized Melanin Money clients who’ve obtained significant net worth milestones ranging from $100,000 to $10 million.