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The $1B vision to close Black Milwaukee's generational wealth gap

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Royal Capital executive vice president Terrell Walter (far right) leads a tour of the ThriveOn Building project on King Drive.
Royal Capital / Facebook
Royal Capital executive vice president Terrell Walter (far right) leads a tour of the ThriveOn Building project on King Drive.

Black and Brown Americans, for many interconnected and systemic reasons, have struggled to keep pace with their White counterparts in building generational wealth. After exploring some of the reasons earlier this season, Tarik Moody and Reggie Jackson use this episode to discuss solutions around another necessary component to build generational wealth: access to capital for entrepreneurs.

Then, Tarik talks with Kevin Newell of Royal Capital, a Milwaukee-based private equity firm pouring millions into developments targeted at closing the racial wealth gap. He shares his $1 billion dollar vision for the city and how his work intersects with community partners. Finally, Ken Robertson of the Greater Milwaukee Foundation explains why representation is so important in this work.

By Every Measure season two is supported by The Argosy Foundation.

If you'd like to continue the conversation, we encourage you to join our By Every Measure discussion group on Radio Milwaukee's Facebook page. Each week, we open a dialogue on the episode's topic with daily conversation prompts and a virtual meet-up to discuss responses and navigate the community conversations collectively.

This season on 'By Every Measure'

  • Episode 1 — Black Brain Drain, Part 1, with nationally touring musicians SistaStrings, and musician and poet Emmitt James.
  • Episode 2 — Black Brain Drain, Part 2, with Corry Joe Biddle, executive director of Fuel Milwaukee; and Ranell Washington, vice president of Social X MKE. 
  • Episode 3 — Black Birth Outcomes with certified nurse midwife LuVerda Martin of Aurora Health Care and Geraud Blanks of Milwaukee Film.
  • Episode 4 — Housing with Greg Wesley of the Medical College of Wisconsin and Ken Robertson of the Greater Milwaukee Foundation.
  • Episode 5 — Generational Wealth with Kevin Newell of Royal Capital.
  • Episode 6 — Black Resilience (March 28).
  • Episode 7 — Critical Race Theory (April 3).
Director of Digital | Radio Milwaukee
HYFIN On-Air Talent | Radio Milwaukee
Director of Digital Content | Radio Milwaukee
Audio Production Manager | Radio Milwaukee