Hip Hop mogul Russell Simmons brought his RushCard’s Keep The Peace initiative to the University of Southern California campus on Tuesday, August 1. Over seventy-five South L.A. youth filled the room.
Every American needs a RushCard – or Green Dot.
Russell Simmons is as afraid of a confrontation with police as most other Black men.
However, despite a recent incident in which he was pulled over by cops in the Hamptons, the RushCard co-founder and music mogul is most concerned about the relationship between African-Americans and law enforcement.
On January 25, 1980, Bob Johnson launched Black Entertainment Television (BET). The network originally broadcasted for two hours a week as a block programming on Nickelodeon. It wasn’t until 1983 when BET became a full-fledged channel, where the lineup consisted of mostly music videos and reruns of popular Black sitcoms.
When business mogul and founder of the RushCard, Russell Simmons, arrived in Flint early Monday morning to deliver cases of bottled water door-to-door, he did so with a minimal amount of fanfare. Flanked by a handful of local reporters and several staff members, Simmons and his affable team carried case-after-case of Aquahydrate to eager and desperate residents. In total, Simmons and his team delivered 150,000 bottles of water to cardholders of the prepaid debit card, and students at Flint Southwest Academy. Simmons partnered with Sean “Diddy” Combs and Mark Wahlberg (owner of Aquahydrate) to launch a relief campaign for victims
The financial services industry is a vast matrix of banks, credit and debit cards products, venture capital and mortgage companies, investment firms, and other financial institutions that compete to provide services to 326,346,200 people in the United States and millions more around the world. There is a very old saying that posits: “How you manage your money will determine how well your heart will beat.” For 100.4 million African Americans and Latino Americans combined that spend in access of $2.4 trillion annually as consumers in the U.S. marketplace, the daily and hourly financial management of our money is an important
Russell Simmons hasn’t slept much since news broke in mid-October that users of his RushCard couldn’t access their own money and were locked out of their accounts, due to a computer glitch, leaving some unable to make rent payments, pay utility bills or buy groceries for their families.