Terms
the ability to understand and effectively use various financial skills
What is financial literacy
What percent of Black business owners are women?
What is 35%
This Black woman owns a beauty brand and a lingerie brand worth over one billion dollars total.
Who is Rihanna (Fenty Beauty & SavageXFenty)
This organization created the FIRST, Black-owned, woman-led, sorority-based, digital banking financial institution in the history of the United States.
What is Alpha Kappa Alpha Sorority, Incorporated?
This is the overall percentage consumption of Black Americans
What is 10 percent of overall consumption?
White Americans hold 84 percent of total U.S. wealth but make up only 60 percent of the population—while Black Americans hold 4 percent of the wealth and make up 13 percent of the population.
What is Racial Wealth Gap
Where in the US has the highest percentage of Black-owned businesses?
What is Washington DC
Who was the first female African-American self-made millionaire and business owner in the United States
Who is Madam CJ Walker (A.K.A Sarah Breedlove)
This multimillion-dollar company sells natural feminine care products that range from natural washes, wipes, tampons, panty sprays, pads, lubricants and other herbal products.
What is Honey Pot
What place was the location of one of the most prosperous African-American communities in the United States known as Black Wall Street?
What is Greenwood in Tulsa, Oklahoma
What is Alpha Kappa Alphas program for supporting Black-owned businesses called?
What is Black Dollar Days
What percent of Black business owners obtain business loans in their first year?
What is 1%
This Black woman is now a majority owner of a new multi-million dollar Film/Television studio in Atlanta.
Who is Tammy Williams?
This is the amount of Black owned beauty supply store in the United States.
What is 3,000?
Financially literacy in the Black community is greatest among these groups
What is men, older individuals, those with more formal education, and those with higher incomes?
items your company owns that can provide future economic benefit.
What is Assets
What percent of start-ups are founded by Black women?
What is 4%
What is the name of the first Black woman to become the CEO of a Fortune 500 company?
Who is Ursula M. Burns
This individual owns the the largest film production studio in the United States.
Who is Tyler Perry?
What percent of businesses in Washington, DC are Black-owned?
What is 28%
This is a core principle of investing, diversification spreads investments over different assets with varied risk potential.
What is diversification?
What percent of Black-owned business owners are happy with their business?
What is 70%
This woman was the first Black female billionaire
Who is Sheila Johnson
What is the largest Black-owned business in the country?
What is World Wide Technology
As of 2020 Black people have an estimated $1.3 trillion gross national income, what percent is recirculated back into the Black community?
What is 2%