Diddy Donates $2 Million Over 24 Hours to Support Black Initiatives

Diddy opened up his pockets this weekend to bolster Black entrepreneurs and creatives whereas within the Atlanta space — and he did it with a 7-figure quantity that is positive to have a big impact.

The media mogul was on the town this weekend, first stopping off at an occasion referred to as Invest Fest — hosted by the Earn Your Leisure community, which gives a platform to up-and-coming Black creators and enterprise capitalists — the place Diddy was entrance and heart fielding questions.

While there, he made an enormous announcement … Diddy’s launching an funding fund with EYL brass — founders Rashad Bilal/Troy Millings — to kick-start monetary methods instantly … which can undoubtedly assist their rising person base and sprawling roster of expertise.

Diddy says, “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.” He additionally mentioned any earnings from this may go towards his 3 constitution faculties on the East Coast.

Like we mentioned, the fund goes to pay for academic instruments and sources that educate younger Black buyers how to correctly diversify their portfolios, and the way to get their companies off the bottom … so, an important trigger. Diddy did not cease there, although … he donated one other mil.

He additionally stopped off on the Cricket MEAC-SWAC Challenge Kickoff within the ATL, and adopted by way of on a pledge he made final yr … donating 1,000,000 bucks to Jackson State University Football, which will probably be doled out over time in common installments.