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Inside the real estate purchase turmoil of BLM co-founder Patrisse Khan-Cullors

So Protests took place nationwide In The name of Black Lives MatterAccording to real estate records, the group’s co-founders made a fuss about buying real estate and got four luxury homes for $ 3.2 million in the United States alone.

Post learned that Patrice Khan Colors, 37, is also paying attention to the Bahamas real estate, a super-luxury resort where both Justin Timberlake and Tiger Woods live. Luxury condos and townhouses at the beachfront Albany Resort on the outskirts of Nasso range from $ 5 million to $ 20 million, according to local agents.

Last month’s self-proclaimed Marxist I bought a $ 1.4 million home A secluded road just a short drive from Malibu, Los Angeles. Reportedly.. The 2,370-square-foot site has “rise ceilings, skylights, and plenty of windows” with views of the canyon. Topanga Canyon homes have two homes on a quarter acre and are only one of the three Khan Colors-owned homes in the Los Angeles area, official records show.

Some fellow activists were surprised at the real estate exposure.

Hawk Newsam, head of Black Lives Matter Greater New York City, called for an “independent investigation” to find out how the global network is spending its money.

“If you call yourself a socialist, you have to ask how much of her own personal money is spent on charitable purposes,” he said. “It’s really sad because it makes people question the legitimacy of the movement and overlooks the fact that it is the people who carry this movement.”

Last year, Khan Colors and his spouse Janaya Khan went to Georgia to acquire a fourth home. A “custom ranch” in the 3.2-acre countryside of Conyers, on which is a studio condominium with a 2,500-foot private plane hangar. A “paved / grass” community runway that can accommodate small planes.

Janaya Khan, co-founder of Black Lives Matter Canada, will be attending the Gurls Talk Festival in Industry City on March 11, 2018, in collaboration with coaches and Teen Vogue.
Patrice Khan-Spouse of Colors and co-founder of BLM Canada Janaya Khan.
COACH Cindiode / Getty Images

According to the real estate list, the three-bedroom, two-bathroom home about 30 minutes from Atlanta has an indoor swimming pool and a separate “RV shop” that can handle mobile homes and small plane repairs.

The Peach State Retreat was purchased in January 2020 for $ 415,000, two years after Khan Colors’ best-selling memoirs were published.When they call you a terrorist.. “

In October, activists signed “multi-platform” Transactions with Warner Brothers Television Group She said in a statement to assist in the production of content for the “historically marginalized black voice.”

In both transactions, the amount Khan Colors received as compensation is unknown.

Khan-Cullors began purchasing in Los Angeles in 2016. A few years after the civil rights movement, she started with the hashtag #blacklivesmatter, and activists Alicia Garza and Opal Tometi began to gain worldwide attention.

That year she bought a three-bedroom, 1.5-bathroom home in Inglewood for $ 510,000. It’s now worth nearly $ 800,000. Last year, Khan-Cullors added his wife, co-founder of Canada’s Black Lives Movement, to a family trust certificate. The couple got married in 2016.

Two years later, in 2018, Khan Colors bought a four-bedroom home in the multi-ethnic neighborhood of South Los Angeles. According to official records, Khan-Cullors paid $ 590,000 for a 1,725-square-foot house, after which the price rose to $ 720,000.

According to public records quoted by the real estate blog Dirt, which first reported the purchase on March 30, three homes were purchased under the name Khan Colors, and Topanga Canyon’s real estate was owned by her limited liability company. Purchased below. ..

Last year, Khan Colors and Khan were discovered in the Bahamas and were looking for a unit in Albany. Real estate sources who don’t want to be identified told the post. The Elite Enclave is located on the “600 acres of oceanside” and features a private marina and a designer golf course. The homes for sale today include a 6-bedroom townhouse of approximately 8,000 square feet with media room and marina views. Prices are only available on request, According to the resort website..

“People who buy in Albany are buying a fourth or fifth home,” said a resort worker who didn’t want to be identified. “This is not a villa. It’s a very high end and people are here for complete and complete privacy.”

It’s not clear if Khan-Cullors bought real estate for the ultra-rich in the island’s hideout, but her mere interest is Van Nuys in LA’s Hard Scrabble, where she spent her childhood with her two brothers. It shows how far you are from the district. sister.

In her memoirs, Khan Colors explains that she grew up in a housing project less than 1.6 km (1 mile) from the wealthy, nearly white district of Sherman Oaks, a large lawn and pool community. She writes that the four children were raised primarily by single mothers who worked 16 hours a day to support their families.

A newly planned community in Albany, The Bahamas.
Albany’s dwelling, as seen by Khan Colors, is reportedly 600 acres on the beach.

Growing up, Khan Colors lived in a “two-story yellow-brown building where the paint had come off, the gates didn’t close properly, and the intercom system didn’t work.” “The only place to buy groceries with my food is Seven-Eleven.”

Khan-Cullors embraced activism and Marxism from an early age. “It started in the year I was twelve,” she writes. “That year I knew that being poor in black defined me more than being bright, hopeful and ready.”

However, she did not become nationally famous until 2013, when she and two other activists protested the acquittal of George Zimmerman, who shot dead. Trayvon Martin, Florida’s demilitarized black teenager.

Black Lives Matter Protest erupted again 2020 after the May killing of George Floyd, who died after a Minneapolis police officer knelt on his neck during his arrest.

Patrisse Cullors poses for a portrait to promote the film at the Sundance Film Festival in Park City, Utah.
Patrice Khan-Colors at the Sundance Film Festival in Park City, Utah.
Taylor Jewel / Invision / AP

At that point, donations and pledges from businesses and individuals were poured into the movement. The BLM non-profit organization co-founded by Khan-Cullors in February AP They received $ 90 million in 2020 and promised $ 21.7 million to fund and support 30 black-led groups across the country.

According to AP reports, Black Lives Matter leaders did not identify how much money they received from prominent donors.

Also, it is not clear how much salary Khan Colors has earned as one of the leaders of the movement since its finances. Divided into both non-profit and commercial organizations Difficult to track.

Founded by Khan-Cullors and another activist, Kailee Scales, the Oakland, California-based non-profit BLM Global Network Foundation was founded in 2017 and has branches in the United States, United Kingdom, and Canada. It claims to have a mission to “eradicate”. Build supremeism and the power to intervene in the violence inflicted on the black community. There is no federal tax exemption for this group, and donations are filtered by two nonprofits that manage cash, ActBlue Charity and Thousand Current.

At the same time that Khan-Cullors founded a non-profit organization, she founded a BLM global network of similar name. This is a non-profit organization that does not need to disclose spending or payments to executives.

Some criticize the lack of transparency.

An overview of the house purchased by Khan-Cullors.
An overview of the house that Khan-Cullors bought or saw.

A newcomer to NYC’s BLM said: He added that his group did not receive financial support from the BLM Global Network.

Neither Khan-Cullors nor the BLM Global Network Foundation returned a request for comment.

Inside the real estate purchase turmoil of BLM co-founder Patrisse Khan-Cullors

Source link Inside the real estate purchase turmoil of BLM co-founder Patrisse Khan-Cullors

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