Black Lives Matter Founder Net Worth: Who Owns The Organization?

Latest News Black Lives Matter Founder Net Worth

Black Lives Matter Founder Net Worth provides the details about the founders of the BLM organisation and the recent acquisitions.

Are you a person who is against the social evil called discrimination? Do you know about the Black Lives Matter movement? It was a political movement to raise the voices of all black people in the United States. And they have evolved itself into the Black Life Matter Global Network, so here in this article, we will discuss the founders and Black Lives Matter Founder Net Worth.

The global network

The Black Lives Matter movement was jointly founded by three socially enthusiastic black people in 2013. The net worth of the BLM founders is trending on the internet due to allegations that the Patrisse Cullors used the organization’s funds to purchase homes and property in California and Georgia. 

Patrisse is one of the co-founders of the BLM organization. According to online sources, officials doubt that Cullors used the organization’s money to pay her family’s worth of $2 million. And cullors’ net worth is estimated to be around 5 million. Another two co-founders Net worth,

  • Opal Tometi: $4 million.
  • Alicia Garza: $5 million.

Who Is the Owner of Blacklivesmatter?

The Black Lives Matter Global Network was started as an online social movement to save the rights of black people. Patrisse Cullors, Opal Tometi, and Alicia Garza are co-founders of the organization. They started a movement to condemn George Zimmerman, the murderer who shot Trayvon Martin, a black teenager, in 2012. The culprit remained free. Then this movement got him arrested. 

In this way, this social movement reached the hearts of many people. But currently, many officials have complained about the misuse of funds by the co-founder, Cullors, so she has resigned from that position and stepped down to the executive director.

The allegations

Black Lives Matter Founder Net Worth is around millions, and tax officials were suspicious of their net worth. And the George Floyd incident became very popular and reached every part of the world, so the BLM organization received about 90 million fund after that incident. This organization is classified as an NGO, and its mission is to distribute grants to black people for purposes such as education, charity, or compensation. 

Right-wing conservatives alleged that the founders were using the organization’s money. But cullors have strongly condemned the allegations and shared the organization’s financial statements.

The organization

Black Lives Matter Founder Net Worth and the stepping down incident created a black mark on the founders’ work. They have appointed two new interns, Monifa and Makani Themba. In response to the allegations, the founder team issued an official statement stating that because the BLM organization is a 501(c)(3) non-profit organization, the money cannot be used for personal gain.

Conclusion

They started this global network from scratch, and it has developed into a big organization. Recently, they have created a collection of chapters called BLM Grassroots. Apart from the acquisitions and rumours, this global network has emerged as one of the identities of black people. 

This network doesn’t represent the 3 Black Lives Matter Founder Net Worth alone; it represents the voice of millions of black people. Read more information here. 

Does their article seem interesting? Tell us your views on discrimination in the comments below.

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