Steph Curry has plans to help close the racial wealth gap.
The NBA superstar will join forces with the nonprofit NinetyToZero in an effort to close the wealth gap that is currently plaguing America.
According to NinetyToZero, closing the racial wealth gap could increase the economic growth of the U.S. by $1.5 trillion over the next decade. They also report that Duke University research revealed that the wealth gap between Black and white Americans is between $11 trillion and $13.5 trillion.
“Uncovering solutions and creating opportunities is something I’m profoundly committed to,” said Curry in an official press release. “Bridging the racial wealth gap is one of the biggest challenges of our generation. We are setting a concrete approach that every organization can take to initiate meaningful progress now.”
Other partners include the American Civil Liberties Union, Dean of the Harvard T.H. Chan School of Public Health, Michelle Williams, and President and CEO of the Urban League, Marc Morial.
“Green Thumb is proud to be the first cannabis company to walk the walk in our commitment to closing the racial wealth gap that has been exacerbated by the failed ‘war on drugs,'” said Green Thumb Industries chairman and CEO Ben Kovler. “Black Americans are 3.6 times more likely to be arrested for marijuana infractions than white Americans, and over 40,000 cannabis prisoners are still incarcerated while regulated companies continue to grow and thrive.”
NinetyToZero was formed in April by companies and organizations which include Goldman Sachs, the Robin Hood Foundation, and Starbucks — all of who have been a driving force in the organization’s current initiative.
The nonprofit has created a strategic plan for companies and organizations to push change now that focuses specifically on Black talent and businesses.
Its name alone is significant and represents the ideology that white Americans have 90 percent more wealth than Black Americans thanks to socioeconomic disparities.
Click here to learn more about NinetyToZero.