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“Now, some readers might know about Madam C.J. Walker from the Netflix series, Self Made, starring Octavia Spencer. That was very much about her wealth accumulation. It’s a fascinating life story. She made her money in cosmetics and was the first female Black millionaire. She’s an incredible character. What Tyrone does is tell you about her wealth distribution, or how her philanthropy and her activism permeated her life…She supports all kinds of different causes, whether it’s schools for African American children, or paying the legal defence of African Americans who are wrongly charged with murder or serious crimes. She pays off the last $500 of the mortgage on Cedar Hill, the house of Frederick Douglass, the abolitionist and statesman, so it could stay in the family and become a memorial. She got to burn the mortgage papers at a public meeting. Great PR stunt!” Read more...
