Baller Alert
  • Home
    • News
    • Entertainment
    • The Baller Alert Show
    • Baller Alert Lists
    • Baller Alert Exclusives
    • Let Me Liv
    • Ballerific Music
    • That’s Baller
    • Fashion
    • Metaverse
    • Tech
    • Lifestyle
    • Sports
    • Op-Ed
    • Travel
    • Health
  • EVENTS
  • Videos
  • Shop
  • About
  • Political News
  • en español
No Result
View All Result
  • Home
    • News
    • Entertainment
    • The Baller Alert Show
    • Baller Alert Lists
    • Baller Alert Exclusives
    • Let Me Liv
    • Ballerific Music
    • That’s Baller
    • Fashion
    • Metaverse
    • Tech
    • Lifestyle
    • Sports
    • Op-Ed
    • Travel
    • Health
  • EVENTS
  • Videos
  • Shop
  • About
  • Political News
  • en español
No Result
View All Result
Baller Alert
No Result
View All Result

America’s First Black Billionaire, Robert Johnson, Pushes for $14 Trillion in Reparations

by Regan
June 30, 2021
Reading Time: 2 mins read
0
Bob Johnson

Drew Angerer/Getty Images)

Share on FacebookShare on Twitter

Robert L. Johnson, the founder of BET is pushing a $14 trillion reparations proposal that he believes would potentially close the giant wealth gap between Black and white people.

According to Vice, the 75-year-old businessman and first black billionaire wants the United States government to give Black Americans a check and an apology for slavery, Jim Crow, and hundreds of years of racism.

While the media magnate reveals that he’s doubtful that a check will ever come, he sees a new kind of reparations offer already emerging and being called by a different name so as not be “divisive” or “controversial”.

According to Johnson, the new “reparations” is critical race theory education, a housing grant program in Evanston, Illinois, the $5 billion dollar debt relief plan for Black farmers and the $50 billion in corporate pledges offered in the wake of George Floyd’s murder to combat systemic racism and inequality. (Even though Vice reports only $250 million, or 0.5% of it, has actually materialized so far.)

“That’s what’s happening to the reparations—it’s been cut up into small pieces of things that look and feel like, ‘We want to end systemic racism, we want to end police brutality and shootings and to provide financing to Black small business owners,’” Johnson told VICE News.

“Reparations had two components: The first was atonement, and the other was monetary,” he adds. “With no doubt whatsoever, it was supposed to come from the government representing the people of the country. It was reimbursement, or recompense if you will, for the harm,” Johnson said.

Share this:

  • Click to share on X (Opens in new window) X
  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on Mastodon (Opens in new window) Mastodon
  • Click to share on Reddit (Opens in new window) Reddit
  • Click to share on X (Opens in new window) X
  • Click to share on WhatsApp (Opens in new window) WhatsApp
  • Click to share on Tumblr (Opens in new window) Tumblr
  • Click to email a link to a friend (Opens in new window) Email
  • Click to share on Pinterest (Opens in new window) Pinterest

Like this:

Like Loading...

Discover more from Baller Alert

Subscribe to get the latest posts sent to your email.

Tags: Robert L. Johnson

Related Posts

Baseball Star Wander Franco Found Guilty of Sexually Abusing a Minor in the Dominican Republic
News

Baseball Star Wander Franco Found Guilty of Sexually Abusing a Minor in the Dominican Republic

June 26, 2025

Tampa Bay Rays infielder Wander Franco, 24, was found guilty on Thursday, June 26th, in the Dominican Republic for engaging in...

Another Child Dies in Fast-Growing Texas Measles Outbreak
News

North Carolina Confirms First Measles Case of 2025—Unvaccinated Child Triggers Health Scare

June 26, 2025

North Carolina health authorities are warning residents after the state confirmed its first measles case of 2025. The case involves...

Dwight Howard Mourns Beloved Dog Sunday After Alleged Hit-and-Run: “I Need Answers"
News

Dwight Howard Mourns Beloved Dog Sunday After Alleged Hit-and-Run: “I Need Answers”

June 26, 2025

Dwight Howard is grieving the tragic loss of his dog, Sunday, who was reportedly killed in an alleged hit-and-run incident...

Planned Parenthood Faces Major Federal Funding Cuts as Trump Administration Pulls Support Starting This Week
News

Supreme Court Just Gave States the Green Light to Block Planned Parenthood—Even If Patients Suffer

June 26, 2025

The U.S. Supreme Court just handed a big win to Republican-led states like South Carolina, ruling that Medicaid patients can’t...

Next Post
Lewis Matthews

Florida Man Gets Life Sentence For Molesting Girlfriend's Daughter And Pouring Bleach On Her

Leave a ReplyCancel reply

Baller News

Subscribe To Our Newsletter

* indicates required

Follow Us

Subscribe to Blog

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

© Copyright 2024, Baller Alert Inc. All Rights Reserved

No Result
View All Result
  • Home
    • News
    • Entertainment
    • The Baller Alert Show
    • Baller Alert Lists
    • Baller Alert Exclusives
    • Let Me Liv
    • Ballerific Music
    • That’s Baller
    • Fashion
    • Metaverse
    • Tech
    • Lifestyle
    • Sports
    • Op-Ed
    • Travel
    • Health
  • EVENTS
  • Videos
  • Shop
  • About
  • Political News
  • en español
%d