“People who were 100-plus years old, who if that had never happened they would have grown up with such prosperity, but they didn’t,” Harper, who is donating $1 million to the cause, said.
Harper’s The Black Wall Street app, launching today, will donate his funds toward the project with an overall goal of improving financial literacy and accessibility to all.
“The money and wealth that was lost, there were people there who were millionaires who died broke, never recaptured,” said Rev. Horace Sheffield, chairman of Restore Black Wall Street Project in the article. “They estimated over $2.5 million lost in that year, is probably $200 million now.”
Sheffield, over Detroit-based New Destiny Christian Fellowship Church, is also making plans, including raising money, to reinstitute historic buildings, boost Black entrepreneurship and more.
The local and national leaders notice the obvious ties to Tulsa and Detroit — even though locally there was not a massacre, the primarily Black city did experience “an attack on Black wealth,” according to the article. In the late 1950s, Paradise Valley, a thriving Black business community, was demolition during the construction of I-375.
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