For Mellody Hobson, it’s all the time been about breaking financial barriers. Along with her latest move, the Ariel Investments co-CEO is proving she’s continuing to blaze that trail.
It was recently announced that a gaggle headed by Walmart heir Rob Walton is planning to purchase the Denver Broncos for $4.65 billion.
With Walton as the bulk owner and his members of the family as minority owners, it was interesting news that Hobson was planning to hitch the ownership group. Black prospective buyers have largely been unsuccesful in gaining any real ownership in NFL teams.
“Seven out of 10 players within the league are Black. Just three of 32 coaches are Black or bi-racial. There has never been a Black owner within...
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