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The New Black Elite: Super-Rich African-Americans | African-American Upper Class | ENDEVR Documentary Poverty in the USA: Being Poor in the World's Richest Country: https://youtu.be/f78ZVLVdO0A While African Americans are more likely to live in poverty than any other ethnic group, America is also home to the biggest group of wealthy, highly successful black people in the world. Now, 1 in 50 African American families are millionaires, forming part of a new ‘black elite’. Property developer Don Peebles is one of the richest and most powerful businessmen in America. He’s been nicknamed the “Black Trump” and has estimated net worth of 700 million dollars. In Georgia, Atlanta this black bourgeoisie has seized power. In Texas, Psyche Terry and her husband have created a cosmetic empire and are invited to every social event in Dallas. At the same time, the “buy black” movement encourages community business and even has its own black Amazon. ▬▬▬▬▬▬▬▬▬ Subscribe ENDEVR for free: https://bit.ly/3e9YRRG Facebook: https://bit.ly/2QfRxbG Instagram: https://www.instagram.com/endevrdocs/ ▬▬▬▬▬▬▬▬▬ #FreeDocumentary #ENDEVR #blackelite ▬▬▬▬▬▬▬▬▬ ENDEVR explains the world we live in through high-class documentaries, special investigations, explainers videos and animations. We cover topics related to business, economics, geopolitics, social issues and everything in between that we think are interesting.