Ever hear of Robert F. Smith? We hadn’t. But he’s in the news lately
since appearing on Forbes’ 2015 list of billionaires. He ranks at number
268 on the annual list of the richest Americans, has a personal fortune
of $2.5 billion and is counted as the second richest African American
person in the nation after Oprah Winfrey.
The owner of Grand Central Terminal has filed a $1.13 billion lawsuit accusing New York City of taking away his air rights over the landmark train station and giving them to the developer SL Green Realty Corp to build a giant skyscraper.
Yesterday, Wells Fargo announced plans to invest $1.2M in the U.S. Black Chambers Inc. and
other organizations for small business development to include
micro-grants, a leadership training impact study and the expansion of
the Chamber Training Institute.