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   Debt to GDP% - 105.2% from 106.1%
   Nat'l Debt - $20.3T from $19.8T

   US Budget Deficit - $688B from $587B
   US Annual Federal Revenue - $3.3T from $2.9T

   US Annual Federal Spending - $4.0T from $3.2T

   Dow - 22,871.72 from 18,332.74
   Nasdaq- - 6,605.80 from 5,193.49

   S&P - 2,553.17 from 2,238.83

   Unemployment Rate: 4.1% from 4.8%
   % Living w/o Insurance: 9.0% from 8.9%
   % Living in Poverty: 12.9% from 13.5%


Trump's Key Economic Indicators Real-Time
(from January 20, 2017 Inauguration - present)


The "quality of life" will always outweigh the "quantity in life"!

Black Economic Inequality Intra-Racial
"Black Exclusivity Rate"!

September 27, 2017; Updated: 10/1/2017
Lewis Eldridge

Economic Inequality is a subject that is usually approached from the perspective of racial inequality, a comparison of White and Black America, how the wealth, net worth, average income, and economic opportunities are radically disproportionate between the races. Essentially, how can there be economic equality that stems not only from opportunity but manifest itself into reality. Consequently, economic inequality has been attacked from every angle except one, ‘Intra-Racial”.

Blacks are being absorbed and consumed into capitalism at rates greater than 20% per decade causing an economic polarization of the race whereby certain key dynamics have become a reality. First, a Black wealthy top 1% has been created. Second, Blacks are polarized economically lending to an intra-racial rich and poor class. Third, this economic intra-racial classism is constantly overlooked ever eclipsed by issues of racism that continues to plague both the country and the African-American people. Fourth, anger is perpetuated as young impressionable Black millennials continue to look at the Black wealthy class and embrace false hopes of similar coveted wealthy lifestyles. Antonio Moore, a leading authority on the subject of economic racial inequality has termed this as the “Decadent Black Veil”. Fifth, since the gateway to wealth among Blacks is overwhelmed by celebrity-accomplished wealth, it limits the perceived career choices in routes to wealth to entertainment opposed to the more prestigious options of law, medicine, business, etc. Finally, the emphasis here is based out of the title of my latest book publication, “Capitalism: The New Segregation” that Blacks are far less divided by historical issues of race opposed to current divisions of intra-racial economic classism.

Immediately, I can eliminate any appearance or belief of attack or indictment upon the Black wealthy class as they are to be commended and celebrated for their celebrity, accomplishments, achievements, and success. Simplistically, I find no reason to hate on the rich because of their riches, that’s not solving the problem nor offering any solutions to this intra-racial economic inequality. We do however suggest that domestic philanthropy is the best approach to bring about economic balance to the Black race or better stated, that ability to reach back and pull forward. As we have already derived a solution, we need only to offer proof and a tracking system of this wealthy Black Top 1%.

Our preferred approach to providing evidence of this Black wealthy “Top 1%” is through a tracking system, something on the likeness of the Dow or S&P 500. The Dow Industrial Averages and the S&P 500 measure the market by taking the top 30 companies of the Dow and the top 500 companies of the S&P, respectively, as a barometer for the market and country’s general economic health. Likewise, we have derived a system via chart that tracks how fast the wealthiest Blacks are consuming wealth and separating themselves from the commoners. The chart above, coined the "Black Exclusivity Rate", is the most accurate barometer and depiction of Black economic exclusion, inclusion, and separatism.

The top 10 wealthiest Blacks have a combined net worth of $13B. Pew Research places the average net worth for Black families at $4,900. The US Census Bureau has defined the size of a family within a developed country, America being one, as 2.36 persons making the average net worth for each individual Black person at $2,076. If we were to take into consideration only the net worth of the top 10 wealthiest Blacks at $13B, how many Black individuals at $2,076 would it take to match the net worth of these top 10 elites? 6.3 million Black individuals! This comprises 16% of the 39 million total Blacks who make up African-American population. Again, the wealth of just the top 10 wealthiest Blacks has a combined net worth of $13B equal to the net worth of 6.3 million Blacks or 16% of the entire ethnicity. The top 49 wealthy Black Americans own $24B equivalent to 11.6M Blacks practically doubling the wealth percentage to 30%. The top 500 wealthiest Blacks own 50% of the ethnic wealth, $40.5B equivalent to the net worth of 20 million overall Blacks. The “Black Exclusivity Rate” is highest at 10 being 16%, second highest at 49 being 14%, & third highest at 200 & 500 being 8% reducing to 1% at 800 and .5% at 1700.

39 million is the total Black population. 3.9 million is 10% of 39 million. 390,000 is 1% of 39 million. 39,000 is one, one-tenth of 39 million. 3,900 is one, one-hundredth of 39 million, a true elitist class comprising the wealthiest top 1%, 60% of the entire cultural net worth, $45B, 23 million total Blacks. Of the remaining 40%, 16M Blacks, Pew Research states, “35% have zero to negative net worth.” This leaves a mere 5% of the total cultural population that provides us with the ‘Black Middle Class’. In our latest publication, Capitalism: The New Segregation, we were able to list 2100 of the wealthiest Blacks of the 1/100th 3900 wealthy Blacks. From there, we were able to post below on this very web page the 50 wealthiest Blacks according to the top five career categories thus providing us hard data for our conclusions.

As millions of dollars are added to the Black culture, it is far more likely that the top wealthiest Black 1% will create wealth faster than additional Black millionaires are created. In short, an existing wealthy Black millionaire is far more likely to create an additional million dollars of wealth for him or herself before one additional Black millionaire is created. Thus, Black capitalistic assimilation and acculturation, i.e., the Black elitist class, are consuming wealth at a rate whereby the Black Wealthiest Top 1% will soon own 99% of the entire cultural wealth mirroring the American capitalistic culture. Projections derived within the research of our work, Capitalism: The New Segregation predicts complete capitalistic assimilation in the year 2026.

The problem is that racial divisions will continue in America. However, intra-racial economic divisions between the Black Wealthy Top 1% will divide Blacks from the lowest impoverished 35% at a faster more costly rate than the inter-racial divisions of Black and White America. Unfortunately, issues, episodes, and experiences of racism will continue to distract and eclipse this ethnicity from the realities of economic intra-racism that by the time this dynamic is realized, economic division will have already polarized all of Black America.

The Top Ten Wealthiest Black Americans

Robert F. Smith
Net Worth: $3.3B

Oprah Winfrey
Net Worth: $3.2B

Michael Jordan
Net Worth: $1.2B

Jay-Z
Net Worth: $900M

Diddy
Net Worth: $820M

Dr. Dre
Net Worth: $810M

Shelia Johnson
Net Worth: $750M

Tiger Woods
Net Worth: $740M

R. Donahue Pebbles
Net Worth: $700M

Janice Bryant Howroyd
Net Worth: $610M

The Top Ten Wealthiest Black American Executives

Robert F. Smith
Net Worth: $3.3B

Oprah Winfrey
Net Worth: $3.2B

Shelia Johnson
Net Worth: $750M

R. Donahue Pebbles
Net Worth: $700M

Janice Bryant Howroyd
Net Worth: $610M

Ulysses Bridgeman Jr.
Net Worth: $600M

Robert Johnson
Net Worth: $550M

Byron Allen
Net Worth: $400M

Quintin Primo III
Net Worth: $300M

Daymond John
Net Worth: $300M

The Top Ten Wealthiest Black American Athletes

Tiger Woods
Net Worth: $740M

Magic Johnson
Net Worth: $600M

Floyd Mayweather
Net Worth: $560M

Michael Jordan
Net Worth: $1.2B

LeBron James
Net Worth: $400M

Shaquille O'Neal
Net Worth: $400M

Kobe Bryant
Net Worth: $350M

George Foreman
Net Worth: $300M

Kevin Garnett
Net Worth: $190M

Serena Williams
Net Worth: $180M

The Top Ten Wealthiest Black American Musicians

Mariah Carey
Net Worth: $520M

Beyonce
Net Worth: $450M

Quincey Jones
Net Worth: $400M

Berry Gordy
Net Worth: $345M

Russell Simmons
Net Worth: $340M

Diana Ross
Net Worth: $250M

Tina Turner
Net Worth: $250M

Lionel Richie
Net Worth: $200M

Usher
Net Worth: $180M

Janet Jackson
Net Worth: $175M

The Top Ten Wealthiest Black American Hip Hop Artist

Jay-Z
Net Worth: $900M

Diddy
Net Worth: $820M

Dr. Dre
Net Worth: $810M

Master P
Net Worth: $250M

Rihanna
Net Worth: $230M

Kayne West
Net Worth: $160M

Lil Wayne
Net Worth: $150M

Ice Cube
Net Worth: $140M

Snoop
Net Worth: $135M

LL Cool J
Net Worth: $110M

The Top Ten Wealthiest Black American Actors/Actresses

Tyler Perry
Net Worth: $600M

Bill Cosby
Net Worth: $400M

Will Smith
Net Worth: $260M

Samuel L. Jackson
Net Worth: $200M

Denzel Washington
Net Worth: $200M

Morgan Freeman
Net Worth: $200M

Jaime Foxx
Net Worth: $100M

Halle Berry
Net Worth: $80M

Wendy Williams
Net Worth: $60M

Phylicia Rashad
Net Worth: $55M

The Top Ten Wealthiest Black American Comedians

Steve Harvey
Net Worth: $140M

Kevin Hart
Net Worth: $120M

Chris Rock
Net Worth: $100M

Eddie Murphy
Net Worth: $85M

Martin Lawrence
Net Worth: $110M

Keenan Wayans
Net Worth: $65M

Tracey Morgan
Net Worth: $50M

Marlon Wayans
Net Worth: $40M

Shawn Wayans
Net Worth: $30M

MoNique
Net Worth: $13M

Source: Capitalism: The New Segregation; Celebrity Net Worth.com

A BLACK WOMAN'S WORLD
September 28, 2017
While opportunity allowed us to place Serena Williams (bottom left) and MoNique (Bottom right) into the categories of athletics and comedy, respectively, we were not as fortunate with Nicki Minaj (top left) and Monica Von Neumann (top right). Although there were other men who have more net worth wealth than these classy ladies, their rightful place among the wealthiest had and has to be noted as their achievments are to great and grand to be overlooked. Derek Jeter ($185m) and Grant Hill ($180) have net worths that surpass and/or equivalent to Serena ($180m), the "Queen of Sports". Cedric the Entertainer ($15m) has slightly more wealth than MoNique ($13M), the "Queen of Comedy". Rihanna ($230m) stands alone as the only Black woman and "Princess of Hip Hop" among the richest Hip Hop Artist, however, Nicki Minaj ($70m), the "Queen of Hip Hop", has to be included. Finally, Monica Von Neumann ($100m), the great Baroness of Switzerland, has to be listed among the successful Black Business Executives. This is a Black Woman's World and we salute & celebrate the success of these Black women!

Billionaire
Bob Smith
Bumps the Original Billionaire
Bob Johnson!


August 28, 2017
One Bob, Robert F. Smith (left), bumps another Bob, Robert Johnson (right) from the top 10 wealthiest Blacks. Robert Smith is the wealthiest Black at a net worth of $3.3B, so also being one of three Black billionaires along with Oprah Winfrey ($3.2B net worth) and Michael Jordan ($1.2B net worth) excluding the first Black billionaire, Robert Johnson ($550M) from the top 10 wealthiest Black list.

Knocking on Black's Billionaire Door

September 4, 2017
The current Black Billionaire Club is a mere three, Robert F. Smith holding a net worth of $3.3B, Oprah Winfrey at $3.2B, and Michael Jordan at $1.2B. There are differences from various sources as to holds more wealth, Smith or Winfrey. Five more individuals will soon join the aforementioned three, all coming from the coporate sector thus lending to minimal publicity as did Robert F. Smith, an extremely successful non-successful businessman along with the following persons; Shelia Johnson ($750M), R. Donahue Pebbles ($700M), Janice Bryant Howroyd ($610M), Ulysses Bridgeman Jr. ($600M), and Robert Johnson ($550M).

The elegant and classy Shelia Johnson has held her head up very high since her divorce from America's first Black Billionaire, Robert Johnson, adding an additional $250M to her nupitaled fortune through philanthropy and wise investments. R. Donahue Pebbles is Founder, Chairman, and CEO of the Peebles Corporation, the largest Black owned real estate developer in America. Ulysses Bridgeman Jr., came from an NBA base and amassed his fortune from fast food as he is the second largest owner of Wendy's franchises in the world. Janice Bryant Howroyd is Founder and CEO of The ACT-1 Group, the largest privately held, woman owned, workforce solutions company founded in the U.S. Robert Johnson is the man behind Black Entertainment Television (BET). His namesake and current Billionaire replacement, Robert F. Smith, is the Founder, Chairman, and CEO of the private equity firm Vista Equity Partners, holding a degree in chemical engineering from Cornell University and investment banking from Columbia, he formerly worked as an Engineering Investment Banker at Goldman Sachs.

There are eight names that are 'Knocking On The (all-exclusive-ten-figure) Black Billionaire Club' from the celebrity world. Jay-Z holds a current net worth of ($900M), Diddy ($820M), Dr Dre ($810M), Tiger Woods ($740M), Magic Johnson ($600M), Tyler Perry ($600M), Floyd Mayweather ($520M), and LeBron James ($400M).

These first three names are the undisputed world's most successful Black music moguls and innovators. All three are founders of major record labels with Jay-Z creating Def Jam Records and Rock-A-Fella Records and Diddy, Bad Boy Entertainment. Jay Z's 40/40 New York Clubs are hot and his Rocawear clothing line is Jordanesque. As both Jay-Z and Diddy are uniquely gifted in finding the best musical talent and producing award-winning music, Jay-Z's overall investments appears to be accelerating slightly more than his decades old friend and colleague due largely to his investment in Roc Nation, one of the leading companies in sport's agency. Dr Dre's name is already written into the infamy of Hip Hop music as being the initial successful artist of Death Dow Records and the creator of AfterMath Records. He also appears to be enjoying the fruit of his labor from the largest music deal in American history via his sale of Dre Beats to Google for $3B in stock options which Dre exercised those options immediately on the exchange transferring them to liquid cash. Tiger Woods is yet another example that one does not have to be on top of their game nor currently popular in order to increase wealth. To own a professional sport's team as Jordan's basketball Charlotte Hornets is one thing but to be the majority stakeholder of the legendary Los Angeles Dodgers was/is the most lucrative sport's investment in American history for Earvin "Magic" Johnson. Win, loss, or draw, America's Pastime, professional baseball, will always yield soaring profits. We somehow always knew it, Michael and Magic! Tyler Perry's unusual gift of capturing and captivating the Black cultural experience via art and film, especially those of the upwardly mobile class, causes him to be a billionaire inevitable. Although Floyd will most likely never fight again, his precision in the ring appears to be just as skillful as a businessman as it is a boxer. At the current rate of Mayweather's income doubling every two years, he too is destined for the Black Billionaire Club. Finally, LeBron James, in his ability to freeze an entire free agency and league (NBA), proved him to be the most shrewd businessman within the Black community. No one made a move, trade, or decision until LeBron made his public announcement. Add this to his dominance on the court and his heirness as the king of endorsements, Billionairism is certain for King James.