Читать книгу Financial Adulting - Ashley Feinstein Gerstley - Страница 30

Tulsa Race Massacre of 1921

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In 1921, a very segregated Tulsa had a thriving business district that was often called Black Wall Street. Kevin Matthews II, founder of BuildingBread and a Tulsa native, shares: “A white mob burned and bombed the nation's wealthiest Black neighborhood, killing an estimated 300 Black people, leaving 9,000 people homeless, destroying 1,200 businesses and causing between $50 and $100 million in property damage, all in 24 hours. The city then passed laws preventing people from building on land that was burned as a result of the massacre. Insurance companies labeled it a ‘riot’ to deny payments to Black people despite the fact that there were at least six airplanes used in the attack.”

Financial Adulting

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