Diddy headlined InvestFest in Atlanta on Friday, where he announced his $1 million investment fund in partnership with Earn Your Leisure and its founders, Rashad Bilal and Troy Millings. The 53-year-old had a day full of giving back to his fellow Black community. According to People, The fund will go toward financial literacy efforts and economic empowerment.
“I’m thrilled to join forces with Earn Your Leisure,” Combs said in a press release. “We’re going beyond discussing finances and taking action to demystify the world of investing for our community.”
An Invest Fest moment in history. Invest Fest #investfest pic.twitter.com/2czLkUdVbC
— Earn Your Leisure (@EarnYourLeisure) August 27, 2023
“I’m thrilled to join forces with Earn Your Leisure,” Combs said in a press release. “We’re going beyond discussing finances and taking action to demystify the world of investing for our community.”
“I’m thrilled to join forces with Earn Your Leisure,” Combs said in a press release. “We’re going beyond discussing finances and taking action to demystify the world of investing for our community.”
“I’m thrilled to join forces with Earn Your Leisure,” Combs said in a press release. “We’re going beyond discussing finances and taking action to demystify the world of investing for our community.”
The $1 million proceeds will go toward his three Capital Preparatory charter schools in New York boroughs, Harlem and Connecticut. The program “gives rise to emerging and established content creators from the world of business, finance and entrepreneurship whose perspective, expertise and in-depth insight has been undervalued and overlooked,” Earn Your Leisure’s website reads.
After InvestFest, he attended the South Carolina State versus Jackson State University football game. Following the game, the REVOLT owner donated $1 million to Jackson’s football team. In a press release, he noted his contributions to Earn Your Leisure and Jackson were “geared towards fostering economic empowerment and upholding the legacies of historically Black institutions.”
“Supporting historically Black colleges and universities is crucial to preserving their legacy and ensuring they continue to change lives,” he said in the statement. “This donation to Jackson State is not just a financial contribution, it’s an investment in the future of our culture.”
During his alum Howard University’s recent football game, Diddy told ESPN that he is here to assist undersourced HBCUs in any way that he can.
“If it wasn’t for HBCUs, I wouldn’t be here; supporting HBCUs is not just my honor, it’s my responsibility,” he told ESPN at a Howard game. “You know, my grandmother raised me to make sure I sow my seed in my community, and that’s what I’m going to continue to do.”
