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The Breakfast Club

INTERVIEW: Byron Allen Talks Ownership, Building Black Wealth, Economic Inclusion + More

The Breakfast Club

The Black Effect Podcast Network and iHeartPodcasts

Comedy

4.414.4K Ratings

🗓️ 20 May 2026

⏱️ 99 minutes

🧾️ Download transcript

Summary

Today on The Breakfast Club,Byron Allen Talks Ownership, Building Black Wealth, Economic Inclusion. Listen For More!

YouTube: https://www.youtube.com/@BreakfastClubPower1051FM

See omnystudio.com/listener for privacy information.

Transcript

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0:00.0

This is an I-Heart podcast.

0:02.6

Guaranteed Human.

0:21.8

Every day I wake up, wake your ass up. The Breakfast Club. You're all finished or y'all is done. Morning, everybody, is DJ NV. Jess Hilarious. Sholomey and the Guy. We are the Breakfast Club. Law & Lawn LaRose is here as well. We got a special guest in the building. One of my favorite people to talk to, man. Byron out, ladies gentleman.

0:22.8

Welcome back.

0:23.3

How you feeling?

0:24.3

Oh, my God.

1:27.5

I feel great. And this is one of my favorite places to be. So thank you for having me back. I really appreciate you. And congratulations on all of your success. Did I hear something about the number one show on Netflix? We are. We are. Oh, podcasting, because Netflix got into the podcasting game, so we make up 44% of all podcast viewing on Netflix. Yes. There it is. Because you bring the truth. Real, authentic. You're bringing it. All right. Do our best. No, you're doing it. I love talking to you, man, on and off air. I like getting you on air, though, because I get longer time. I feel like I'm bothering you when I call home. No, you never bother me. You never bother me. I never say no to you. And remember that. Absolutely. You know, because I really love and appreciate you. I really love and appreciate you. I borrow a billion? A billion? Yeah. All right, what's your Vimaud? You got to say that there was VINMO, boy. Even VIMO will be like, what just happened? You've had some very, very impressive announcements lately. Like, you're buying everything. Well, you know, this is- You bought Stars? You bought BuzzFeed?

1:29.7

Or 10% of Stars?

1:30.7

Yeah, yeah, yeah.

1:34.2

We bought just under 11%, 10.7%. I like Stars.

1:36.1

You know, Stars says that they're going after the underserved.

1:39.8

That's cold for Black.

1:41.1

Don't tell anybody.

1:43.1

Right.

1:44.7

So if you're going to go after us, maybe we should own it.

1:49.1

All right?

1:49.4

So if you're chasing us, we should own it.

1:51.8

So Steve Mnuchin used to be my banker before he got into politics.

1:56.5

He was a Treasury Secretary.

1:58.5

And I saw that he owned 11%, just under 11%. And I called him up and I said,

2:04.7

hey, do you want to own this stake in Stars? It's publicly traded. And he said, you know,

2:11.2

because I said, are you willing to sell it? He said, not at these prices. And I said, well, I didn't

...

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