Bridging that chasm is part of the mission for Known, an organization that Casselberry co-founded in 2021 with a team of Black, Indigenous, Hispanic and Asian-American co-founders.
Veteran portfolio manager Jim Casselberry is trying to do something about that, using his four decades of investing experience to help bridge the gap for people of color and the Indigenous population. Celebrated Monday in the U.S., Juneteenth has been considered a national holiday for two years. It marks the day that Major General Gordon Granger proclaimed freedom for slaves in Texas.
Houston resident Prescylia Mae sings during a re-enactment march of the emancipation proclamation celebrations outside of Reedy Chapel in Galveston, Texas, June 19, 2021.By now the numbers are painfully familiar: Black people constitute 13% of the population but hold just 4% of the wealth. The richest 400 Americans have wealth equal to that of the entire Black populace.