Solange Knowles made an exciting announcement this week that will have a huge impact on the #BlackLivesMatter movement.
The 30-year-old singer and style icon took to Instagram to say that she is on her way to becoming a member of a Black-owned bank and that's where she'll invest her money.
"While I realize this is a very personal decision and thing to share, I'm proud to say I made that step today," she told her 1.4 million followers. "Time to literally put my money where my mouth is."
In her post, Knowles included an HBCU Money article that included a list of 21 Black-owned banks that control approximately $4.7 billion in assets, presumably to help point her followers in the right direction if they should want to follow suit.
Also.... While I realize this is a very personal decision and thing to share, I'm proud to say I made that step today. Time to literally put my money where my mouth is. I can not vouch for any of these institutions, but if you are interested in the information, @saintheron has posted the list (via hbcu money)...www.saintheron.com
Knowles is surely not the first Black celebrity to invest in Black-owned banks. In February, Usher, Killer Mike and Jermaine Dupri joined the Atlanta-based Citizens Trust Bank, encouraging fans to support Black-owned institutions and businesses as well.
Usher told RollingOut, "We're here supporting Citizens Trust as a Black bank, but it also stands for the supports of all the Black businesses that they support. It's all about supporting our own."
Looks like Solange took those words to heart.
(Photo: David M. Benett/Dave Benett/Getty Images for Michael Kors)
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