Amidst shocking cuts to DEI initiatives, entrepreneur and cultural icon Sean “Diddy” Combs made an impactful statement in Atlanta within just 24 hours. He revealed two significant initiatives, both geared towards fostering economic empowerment and upholding the legacies of historically Black institutions.
In his first stop at Invest Fest, Combs announced a $1 million investment fund in partnership with ‘Earn Your Leisure’ (EYL) founders Rashad Bilal and Troy Millings. The fund will put the investment strategies discussed on EYL into action, providing a practical model for economic empowerment.
“I’m thrilled to join forces with Earn Your Leisure. We’re going beyond discussing finances and taking action to demystify the world of investing for our community,” said Combs. The mogul also committed that any profits from the fund would support his three Capital Preparatory charter schools in New York and Connecticut.”
Combs and Combs Global committed to working closely with Bilal and Millings to demystify the complex world of investing and provide tangible, real-time examples of wealth.
Combs’ rounds in Atlanta didn’t stop there. At the Cricket MEAC-SWAC Challenge Kickoff, the entrepreneur presented a $1 million donation from Sean Combs Foundation to Jackson State University Football. The pledge, made during Combs’ acceptance speech for the Lifetime Achievement Award at the 2022 BET Awards, will be delivered in installments over the next several years.
“Supporting historically Black colleges and universities is crucial to preserving their legacy and ensuring they continue to change lives,” Combs said. “This donation to Jackson State is not just a financial contribution, it’s an investment in the future of our culture.”
Combs’ dual announcements in Atlanta yesterday underscore his commitment to supporting economic empowerment and the preservation of HBCU historically Black institutions. Through his actions, he continues to set a powerful example for other entrepreneurs and leaders.
About Combs Global
Combs Global is the portfolio of businesses and investments built and cultivated by music legend and entrepreneur Sean “Diddy” Combs. Led by a diverse team of experienced executives and industry leaders, Combs Global has established a track record of excellence by building some of the most innovative and successful brands in the world across music, fashion, fragrance, spirits, television, film, media, cannabis, and more. Founded in 2013, the Combs Global portfolio includes: Bad Boy Entertainment, Love Records, REVOLT Media & Television, DeLeón Tequila, Aquahydrate, Sean John, Combs Investments, Empower Global, Our Fair Share, Capital Prep Charter Schools, and Sean Combs Foundation. Combs Global is internationally known for award- winning marketing campaigns, best-in-class products, and immeasurable cultural impact that has continuously driven historic success.
About Earn Your Leisure
At Earn Your Leisure, our mission is to empower individuals with the knowledge and tools they need to take control of their financial futures. We believe that everyone deserves access to financial education and opportunities for wealth creation. Through our diverse range of content and resources, we aim to bridge the gap between financial literacy and practical application, enabling our community to make informed decisions and achieve their financial goals.
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