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Robert F. Smith Did Something Incredible; For That We Applaud Him

AFRICANGLOBE - Robert F. Smith may not be as well-known as his fellow American Black billionaires Oprah Winfrey ($3.5 billion) and Michael Jordan ($1.7 billion), but that might be changing soon! For those who don't know, Robert F. Smith is a financier who has a net worth of $5 billion thanks to his private equity firm Vista Equity Partners. For many years he trailed Oprah as the richest Black person in America. By March 2018 his $4.5 billion finally overtook Oprah's $3.3 billion, giving him the crown of richest Black person in America. As of this writing, Robert's $5 billion makes him the second-richest Black person in the world behind Nigerian oil magnate Aliko Dangote. Robert F. Smith was delivering the commencement speech for Morehouse College in Atlanta. During his speech he did something that stunned the graduating class and likely changed the commencement speech game forever.

Byron Allen Part Of A $10 Billion Media Acquisition From Disney

AFRICANGLOBE - Disney has finalized its deal to sell 21 Fox regional sports networks to Sinclair Broadcast Group in a transaction valued at $10.6 billion. Byron Allen, the entrepreneur behind Entertainment Studios and the owner of the Weather Channel, has teamed with Sinclair as an equity and content partner in the newly formed Diamond Holding Group.

Britain: Police Investigate Viral Video Of Officer Beating Man

AFRICANGLOBE - West Midlands Police has referred itself to the Independent Office for Police Conduct over footage of a man being repeatedly hit by a police officer. In the clip, which is only eight seconds long, one officer can be seen repeatedly striking the man on his head and holding his left arm, while another holds his right.

Black Votes Could Decide Everything In 2020 Election

AFRICANGLOBE - There's nothing unusual about a politician courting Black voters at the Alpha Kappa Alpha Pink Ice Gala, an annual fundraiser organized by a chapter of the national Black sorority. But when Sen. Kamala Harris, D-Calif., took the stage, she brought something no presidential contender has before: Membership.