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Millionaire Mindsets

What Do Black People Own? The Harsh Truth From a $50 Million Family Office

Millionaire Mindsets

Xavier Miller

Entertainment News, Entrepreneurship, Society & Culture, Business, News

4.81.5K Ratings

🗓️ 18 June 2025

⏱️ 75 minutes

🧾️ Download transcript

Summary

In this episode Xavier sits down with LaVonne Idlette, Olympic Hurdler, Attorney and Entrepreneur to discuss a hard topic—what do Black people actually own?

We go beyond surface-level discussions and dive into the real numbers behind land ownership, business equity, and generational wealth in the Black community. This episode exposes the difference between perceived success and actual asset control, and what it will take to shift from consumer status to true ownership.

Whether you're an aspiring entrepreneur, investor, or just want the raw truth about legacy building, this conversation will challenge your mindset and inspire long-term strategy.

📺 Watch the full episode on YouTube:

https://youtu.be/yZsZvNHYHHo



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Transcript

Click on a timestamp to play from that location

0:00.0

The weather. Tomorrow, expect a biting cold front. Hmm, how naughty. I wonder what I'll be

0:06.8

wearing or taking off. The night will be wild and untamed. Expect heavy, lashing rain

0:13.0

that'll soak you to the skin. By Monday, temperatures will rise slowly but surely reaching

0:18.7

their peak in the afternoon.

0:23.0

Not in the mood for miserable weather.

0:25.8

Fly cheaply to Turkey with Sun Express.

0:28.7

Sun Express, nonstop sunshine.

0:30.7

Yo, what's up, everybody?

0:33.2

Welcome back to the greatest show on NIRF, the Millionet Minds podcast.

0:34.7

I'm your host, Xavier Millen.

0:37.1

Today, I got another great episode for y'all.

0:38.1

This will be part two.

0:41.7

But before we get started, I would like to advise listeners to watch us, hit that like button,

0:45.3

subscribe, leave that five star rating, review, do all those things.

0:47.8

We were greatly appreciated and getting right to it.

0:49.9

Like I said, this is part two with my good sister's Lala.

0:50.5

Welcome back.

0:55.5

And let's get straight to it so i want to yesterday we was talking this is off camera and we was talking about you said something that that that's been that's that's been on my

1:00.6

mind since you said it but i want you to elaborate more and had this discussion on camera and you

1:04.9

were saying how you met a guy that uh if i'm not mistaken i think you say he was Korean and he

1:09.7

was saying how each ethnicity has their thing and their industry.

1:13.3

But do you mind just breaking down what it was?

...

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