Black History Month Day 1

Dated: February 2 2019

Views: 105

Robert Smith #163 on Forbes List

The first day of Black History month in 2019 and I am bringing it in with Forbes List #163 Robert Smith. With a current net worth of $4.4B this investor has all of the qualities of an African American role model and in our capitalistic society, he has the net worth to prove it! Smith is my first choice not because of what he has done as African American in terms of political change or inventions of the past but simply because he is a picture of what our country is focused on today. Smith founded private equity firm Vista Equity Partners in 2000 and it focuses solely on investing in software companies.

As a college student, Smith landed an internship at Bell Labs after calling them every week for five months. His tenacity at Cornell University was probably not the beginning but it definitely propelled him to becoming the first African American to sign the Giving Pledge, which is a commitment to contribute the majority of his wealth to philanthropic causes. Cornell University has also received a $50M pledge in 2016. His work at Cornell earned him engineering jobs at Kraft Foods and Goodyear Tire before he got his MBA at Columbia University. Back to his current status though, Vista Equity Partners has over $30B in assets and is one of the best-performing private equity firms, posting annualized returns of 22% for almost 20 years running.

In summary, Robert Smith is an American man to look up to in terms of merit. As a 56 year old self made billionaire currently residing in Austin, Texas on the Forbes List, he has amassed wealth and he does not hold it all to himself. He is exactly what the America needs more of and exactly what people like Martin Luther King dreamed about. I look forward to researching this month and bringing out some of the best in America this Black History Month.

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Roderick Johnson Jr., NCREA CREIPS

As a real estate broker, instructor and yoga teacher, this world traveler is prepared to be apart of making the world a better place through real estate development and personal empowerment. eXp Realt....

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