Shaq to his kids: "We not rich, IM rich. Im not giving you nothing"

[DaPresident]

Nothing wrong with instilling a work hard mentality in your children…but our community could use more “passed down” wealth.

Make your children responsible and respect what it took to get you (the successful one) there. Let them know that this is for them, but only if they respect it…it can be gone, honestly, in an instant…

Why embarrass and dog them out in such a way?

 

[Matt504]

I have to disagree here. That’s the exact problem. We should be preparing them to be owners and not workers. Their name should not be a determining factor.

I appreciate the article you posted but that mentality is part of the problem. If you manage to beat the odds and become black and wealthy, you should prepare your children to take over your assets.

If you’re more concerned with their hire-ability then you’ve already gone into the mindset of failure. Passing down jobs is passing down poverty. Our children should be inheriting property, tangible assets, stocks.

That’s why Rhianna can name her child RZA and it won’t affect his future prospects because that boy shouldn’t be writing a resume at any point of his life.

While I appreciate your point about mindsets, I don't think mindsets are causing the extreme disparities you're seeing in that article. It's racism.

I do, however, agree that we should be putting our children in the best possible positions to create the best outcomes, for some that may mean ownership, for others it may mean becoming doctors or engineers. Wealth alone isn't enough to shield Black folk from systemic racism.

 

[ThrobbingHood]

While I appreciate your point about mindsets, I don't think mindsets are causing the extreme disparities you're seeing in that article. It's racism.

I do, however, agree that we should be putting our children in the best possible positions to create the best outcomes, for some that may mean ownership, for others it may mean becoming doctors or engineers. Wealth alone isn't enough to shield Black folk from systemic racism.

Oh absolutely. I’m not ignoring the obstacles of keeping black wealth in black hands.

We’ve all seen children inherit land/property and lose it for not taking care of it or paying taxes. And many just aren’t taught financial literacy.

And you’re right, money alone won’t protect our children from systematic and institutional racism.

But it all does start with the mindset. That’s what other communities instill: “work Hard enough to become owners.”

Whilst a lot of us instill in our children: “work hard enough to become the overseer of the plantation.”

 

[Sohh_lifted]

But Shaq tricks off his sidepieces by buying them cars, houses, etc.

 

[get these nets]

No, it's not. The rate at which Black children born into wealth fall out of being wealthy is more than concerning. It's why I shake my head seeing the children of Black celebrity trying to get into the entertainment industry instead of going to college and becoming a doctor or some shyt.

I want to make clear that I do not encourage or support respectability politics, but being a child of a millionaire doesn't mean you won't have to seek a job in the dominant society.

Extensive Data Shows Punishing Reach of Racism for Black Boys (Published 2018)

A study of 20 million children shows the fragility of the American Dream.

www.nytimes.com

The thing is, it seems as if if you are the child of a show business star, that you grew up seeing all of the BUSINESS and the show, and how stable one side is versus the other side.
You have all the connections in the industry, and can plug into or create lanes in the nonglamorous positions. Chasing the glamour positions for fame and chance of fortune is a longshot.

 

[ThrobbingHood]

But Shaq tricks off his sidepieces by buying them cars, houses, etc.

He ain’t tricking. He’s financing them through college.

 

[RickyDiBiase]

Nothing wrong with instilling a work hard mentality in your children…but our community could use more “passed down” wealth.

Make your children responsible and respect what it took to get you (the successful one) there. Let them know that this is for them, but only if they respect it…it can be gone, honestly, in an instant…

Why embarrass and dog them out in such a way?

They’ll be aight. Tough love.

 

[MoshpitMazi]

They’ll be aight. Tough love.

hope u being ironic breh.

 

[RickyDiBiase]

hope u being ironic breh.

Rich Kids don’t get no pity from me

 

[CrimsonTider]

But Shaq tricks off his sidepieces by buying them cars, houses, etc.

that’s his money

 

[TheAnointedOne]

I guarantee these wealthy black men/women money/assets come with extreme stipulations. Notice how the majority of their money/possessions never get handed down to their family without ultimate obstacles if at all.

Oprah not having any children is a real tragedy. When she dies all of that money is going right back to white people.

 

[Sohh_lifted]

that’s his money

It is. But obviously Shaw would rather invest in Hos than his kids.

 

[CrimsonTider]

It is. But obviously Shaw would rather invest in Hos than his kids.

He’s invested in his kids.

They need to generate their own money to spend. Not spend his

 

[IsThatBrothaMouzone?]

He’s invested in his kids.

They need to generate their own money to spend. Not spend his

Shaq's sidepieces should do the same . Instead of having some broad live off HIS money, maybe get a woman with her own bread.