National Black Leaders to Hold Black Wealth Builders Summit in Detroit

The Black Business School and Strather Academy are hosting the Black Wealth Builder Summit Friday, July 29, through Sunday, July 31 at the DoubleTree Suites By Hilton Detroit Downtown – Fort Shelby.

The event will be streamed live to a national audience. Herb Strather, Chairman of Strather Academy with students over the country and in Detroit said, “we’re challenging Black people to wake up and seek financial freedom by harnessing our $1.6 trillion economy to develop our own businesses and communities rather than be totally leveraged by other ethnic groups. Detroiters are the most leverage group in America both financially and politically, the city is booming but blacks have  75% of the population and 10% of the economic participation.” 

Presenting at the event will be the Harvest Institute, National Business League, The 10K Project, and successful Black entrepreneurs. Dr Claud Anderson, Founder, Harvest Institute said, “Black American people are the poorest, sickest, and most locked up group of people in the USA.” Concurrently, Black Americans are a huge loyal consumer base spending more money, per capita, on high end goods than any other group and they spend it mostly with other groups.  A study by the Selig Center for Economic Growth found that money circulates one time in the African American community, six times in the Latino community, and nine times in the Asian community. In white neighborhoods, money circulates nearly an unlimited number of times. In part, this explains the wealth gap for Black communities. 

Dr.Boyce Watkins, President of The Black Business School with more than 300,000 online students calls this event earth shattering. “A must attend. The beginning of Black folks coming together in Detroit and across the country.” 

Strather Academy’s mission is to train the next generation of urban real estate entrepreneurs. Strather who has closed $2Billion in real estate transactions, philosophy is to teach by doing. When a student closes a deal, they learn through experience rather than theory. 

The Summit will honor the legacy of Dr. Claud Anderson, Founder, Harvest Institute. Everyone will be encouraged to read his two best-selling books, BLACK LABOR, WHITE WEALTH and POWERNOMICS. “We’re dedicated to becoming a united front and engaging in activities that will help make Black America become self-sufficient economically, politically and … competitive as a group” says Dr. Anderson. 

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