On June 1st, 2018 history was made when the first black owned real estate crowdfund was launched. A black owned SEC approved real estate crowd fund platform called “Tulsa Real Estate Fund” raised over 5 million dollars in 24 hours.
My definition of the black 2 percent is defined as, “a black household that has a networth of above one million dollars". Only 2 percent of black american households have a networth of greater than a million dollars. The black 2 percent primarily have a networth that is greater than 98 percent of other Black Americans.