08.01.24

Celtics’ Jaylen Brown Aims To Revive Black Wall Street in Boston

by: Randall Williams

Jaylen Brown, a player with the NBA's Boston Celtics, is launching Boston XChange, a nonprofit organization that plans to build generational wealth and cultural innovation in Black and Brown communities in Boston. Brown is partnering with Harvard Business School, Roxbury Community College, MIT Entrepreneurship Center and teammate Jrue Holiday’s JLH Fund to offer up to $250,000 in total grant investment. As part of the offer, grantees will receive three years of coaching and mentorship. Brown has said that he wants to use his platform to create a modern-day version of Black Wall Street, a Black community in Tulsa, Oklahoma, that was one of the country’s wealthiest in the early 20th century before it was burned down.

Read the full article on Bloomberg