Flashmag! Issue 140 April 2023 Flashmag! Numéro 140 Avril 2023 | Page 16

In 2021 Forbes magazine published the list of the 50 highest paid athletes in the world and in this list 33 were black . From Dak Prescott , NFL player for the Dallas Cowboys , 107 million dollars , to Lewis Hamilton , great Formula 1 champion , 82 million dollars , the article which quoted Naomi Osaka 60 million , or Kylian Mbappe with 40 million to the time , admitted that that year athletes received over $ 2.8 billion in 12 months . On the side of the entertainment industry , the fortunes of artists of African origin or descent are even more insolent , 4 of the 7 African American billionaires come from the entertainment industry . Many have estimated that if out of 2640 billionaires in the world , there were only 14 blacks including 7 African Americans and 7 Africans , then this underrepresentation was linked to systemic racism , which undermines the system of distribution of wealth in the world . However , it must be admitted that if racism is not a view of the mind , the reality is linked to the atypical behavior of the members of the black upper class who , very selfishly , do not know how to open the way to others . Contrary , in the list of 2460 billionaires , there are several non-black billionaires whose fortune is directly derived from their business partnership with other billionaires , when they were not yet billionaires . Among blacks it does not exist or almost , people who have become billionaires in partnership with billionaires of their own race . A fact that explains a lot . Either black billionaires don ' t have control over their wealth , and necessarily can ' t decide who to do business with , or they don ' t want to venture into business partnerships with other black people , for good reasons . from the risk to the facies , because the black community in spite of its financial miseducation , drags a reputation of lack of seriousness , which makes that the capital is often not easily allocated to blacks in the perspectives of building businesses . A lack of access to credit which always makes the di erence between those who have and those who do not have . In the end , the conclusion is clear and unequivocal . In the West since the 90s , the sports and entertainment industry has generated billions of dollars that it has paid out to black personalities , who are often very well represented in these areas . Why this financial windfall didn ’ t help lift black people out of poverty ? The answer , because the black bourgeoisie , has never had the slightest reflex of development of other less well-o blacks . Ditto for those of the black bourgeois who made their fortune elsewhere . In the same vein , it should also be noted that the often-modest origins of the superrich blacks gives them an understandable phobia of those who are less well o , because it reminds them with horror their precarious situation of yesteryear . To change the situation , the rest of the black population must no longer be those poor people who only have their labor to sell , to the State , or to the richest , who shamelessly exploit them . It is time for the latter to create businesses to seek access to credit to become humans who count , and not simply to be counted as humans . Get numbers don ’ t be a number .
Hubert Marlin Elingui Jr . Journalist .

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Flashmag ! issue 140 April 2023