REUTERS: The COVID-19 pandemic has hit Black Americans especially hard after decades of social and economic injustices, but it also presents an opportunity for systemic change, said financier Robert Smith, the wealthiest African-American according to Forbes.
The death of George Floyd in May reignited protests in the United States and globally against racism and police brutality. Floyd, an African-American man, died after a Minneapolis police officer knelt on his neck for more than eight minutes. Smith said he has been focused on getting capital to community development financial institutions and minority depository institutions, that serve Black and economically disadvantaged communities.
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