ROBERT F. SMITH: The Hidden Cost of Being Black in America.

Video Description

Order Robert F. Smith Book Here: https://bookshop.org/a/20190/9781400244102 Order Baldwin & Co. Merch Here: https://shop.baldwinandcobooks.com Learn more about Baldwin & Co. Foundation: https://bcofoundation.org In this powerful and deeply personal conversation, billionaire investor Robert F. Smith and former White House senior advisor Cedric Richmond sit down to unravel the stories, sacrifices, and defining moments that built their sense of mission—and their lifelong commitment to Black communities. Robert Smith reflects on the now-legendary day he wiped out the student debt of an entire Morehouse graduating class. But here, for the first time, he reveals what he saw, what he learned, and what pushed him to make the decision in real time. It wasn’t just generosity—it was strategy, history, and responsibility. From there, the dialogue widens into an unforgettable journey: • The hidden cost of being Black in America—student debt consuming 65% of Black wealth • The decimation of Black businesses after the 1984 World’s Fair • Why no Black contractors rebuilt New Orleans schools after Katrina • How Tulsa’s legacy still shapes Black economics today • Why every role—teacher, custodian, coach, entrepreneur—builds the “beloved community” • How one neighborhood bus route changed the future of an entire generation • The mentors who demanded excellence and shaped identity • The personal calling that led Cedric Richmond from coaching kids to Congress • The moment he walked away from the White House to coach his son This is a conversation about legacy, leadership, and the work every generation must do to lift the next one. It is intimate, inspiring, brutally honest, and overflowing with stories that anchor the Black American experience across decades. If you care about community, policy, economic justice, or the quiet heroes who shape our futures, this is a video you cannot skip. #robertfsmith #billionaire #cedricrichmond #uscongress #kamalaharris #presidentbiden #capital #vistaequitypartners Welcome to Baldwin & Co. Author Dialogues, the official podcast of Baldwin & Co. coffee + bookstore—a sanctuary for literature, creativity, and community. Sponsored by Baldwin & Co. Foundation 501(c)3. This podcast is your front-row seat to the world of books, ideas, and thought-provoking conversations with some of the most brilliant minds and celebrated authors of our time. At Baldwin & Co., we believe that stories have the power to inspire, connect, and transform. Through this podcast, we bring the pages of bestselling novels, memoirs, and groundbreaking works of nonfiction to life. Whether you’re an avid reader, aspiring writer, or simply someone who enjoys meaningful discussions, Baldwin & Co. Author Dialogues is here to ignite your curiosity and enrich your understanding of the world. Located in the heart of New Orleans, Baldwin & Co. is more than just a bookstore—it’s a community-driven space where books, coffee, and culture converge. Known for its artful design, close partnerships with non-profits, and dedication to literacy, Baldwin & Co. is a haven for readers and thinkers alike. Through Baldwin & Co. podcast, we aim to bring this unique experience to listeners everywhere. Featured Guests and Events Our episodes feature authors whose works resonate with the spirit of Baldwin & Co., including: Bestselling novelists who redefine storytelling. Poets and essayists who illuminate the human experience. Non-fiction authors who explore history, politics, and culture. Local voices and global icons, all united by their passion for sharing ideas. From deep dives into groundbreaking works to candid discussions about the writing life, Baldwin & Co. podcast captures the essence of intellectual and creative excellence. #HiddenCosts #RacialEquity #SystemicRacism #BlackInAmerica #EconomicJustice #SocialInequality #WealthGap #CivilRights #TheBlackTax #CulturalAwareness #JusticeAndEquality #SystemicChange #FinancialDisparity #BlackExcellence #ImplicitBias #HumanRights #Advocacy #TruthToPower #EconomicEmpowerment #SocialJusticeReform