America’s First Black Billionaire Urges US to Pay Reparations for Descendants of Slaves

  • Date: 01-Jul-2021
  • Source: Al Bawaba
  • Sector:Economy
  • Country:Jordan
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America’s First Black Billionaire Urges US to Pay Reparations for Descendants of Slaves

America's first black billionaire says recent talk of Critical Race Theory and Black Lives Matter protests aren't enough to make up for past injustices against black people: He's reiterating his call for $14 trillion in payments to the descendants of slaves - including himself.  

Robert Johnson, 75, who started Black Entertainment Television in 1980, would give 40 million black descendants of slaves direct cash payments of $350,000 each - meted out at $10,000 to $11,000 a year over a 30-year period, even for billionaires like him.     

'If you're a successful black business, the idea is you've had enough,' Johnson told Vice in a recent interview. But no one would ever say that to a wealthy white business owner, he said.