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in the united states there are more and more african-american millionaires their number has doubled over the past 25 years today one in 50 black families are millionaires part of a new black upper class in the country five thousand dollars i mean we built the company to be a multi-million dollar business today black people make up the second largest group of millionaires in the u.s behind white americans but the country carries a long history of slavery segregation and discrimination for the general public the most well-known wealthy african americans are athletes politicians and entertainers uh african-american queens thats a fact but far away from los angeles and its hollywood stars theres a different black elite and its on the rise an upper class that makes up three percent of the african-american population this may not seem like much but its nearly one and a half million people city brings black excellence period so how is this new black bourgeoisie faring whats the secret t