Is the average single black woman really worth just $5?

By Talia Whyte

theGrio

Most of us have already known about the wealth gap along racial and gender lines, but now a very disturbing new study actually puts a bright spotlight on the problem. The new report by the Insight Center for Community Economic Development, formerly the National Economic Development and Law Center (NEDLC) called Lifting as We Climb: Women of Color, Wealth and America’s Future shows that while women of all races earn less income and have less wealth than their male counterparts, black women are severely at a disadvantage.

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Interview with Lee Daniels

Acclaimed filmmaker Lee Daniels spoke before a group of aspiring Hollywood hopefuls at Emerson College on Feb. 23, where he discussed his own journey in the film world and success behind his latest work Precious. I had a chance to talk to him more in-depth about his films following the discussion.

With only $7 in his pocket, Daniels, a Philadelphia native, dropped out of college and took a bus to Los Angeles with a dream to make it in the entertainment world. After a brief stint running his own health care agency, he got his first break in Hollywood when he worked with legendary rocker Prince on some of his music videos. In the following years, Daniels mainly worked on the business side of Hollywood, doing casting and management for other actors before taking the helm at the director’s seat.

Watch the video here

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