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So Money with Farnoosh Torabi

1054: Black Wealth Matters: Queen Latifah

So Money with Farnoosh Torabi

Farnoosh Torabi

Entrepreneurship, Business

4.71.9K Ratings

🗓️ 10 June 2020

⏱️ 24 minutes

🧾️ Download transcript

Summary

Queen Latifah made her first big splash onto the music scene at age 19, with the release of her hit rap single “Ladies, First.” For the next three decades, the Newark, New Jersey native would go on to build a multi-faceted and dynamic career as a musician, actress, producer and philanthropist, blazing a trail for other Black female artists. I recently sat down with Queen during her press tour for The Queen Collective, her latest endeavor which provides opportunities for women of color in film to tell stories from their viewpoint. The mentoring and development program, in collaboration with Tribeca Studios and Procter and Gamble, selected two winners this year and their projects will premiere on BET Networks, Saturday, June 13th at 9:00 p.m. ET. In our conversation, she shared some of the financial lessons experienced while growing up and building her business, as well as her ideas on how we can promote more equality in the workplace and close the racial wealth gap. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

So Money episode 1054, our Black Wealth Matter series continues.

0:04.4

Today, the one and only Queen Latifah.

0:07.1

You're listening to So Money, with award-winning money guru Farnuosh Tarabi.

0:13.0

Each day get a 30 minute dose of financial inspiration

0:16.0

from the world's top business minds, authors, influencers,

0:20.0

and from Farnuish herself.

0:22.0

Looking for ways to save on gas or double your double coupons?

0:26.0

Sorry, you're in the wrong place.

0:28.0

Seeking profound ways to live a richer, happier life.

0:31.0

Welcome to So Money.

0:34.0

I remember my bank book and my mom opening a savings account for my brother and I has kids

0:40.0

and we got to put a little bit in that bank book and look at what was in our savings account.

0:44.8

And then you grow up and you realize, wait, that's not the account that we should have had this money in.

0:49.2

You know, we should have had it in a different account that was earning interest, so we should have maybe been investing.

0:54.3

Welcome to So Money, everybody. I'm your host, Farnush Tarabi. I have been dying to release this interview.

1:00.3

I connected with Queen Latifah about a week and a half ago and honored her

1:05.7

team's wishes to hold on to the interview until today. Queen was on the press

1:10.8

tour for the Queen Collective, her latest endeavor which provides

1:13.8

opportunities for women of color and film to tell stories from their

1:17.7

viewpoint. The Mentoring and Development Program is in collaboration with

1:21.7

Tribeca Studios, Procter and Gamble.

1:24.0

They selected two winners this year and their projects will

...

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