While reports of Black Lives Matters (BLM) co-founders using BLM funds to purchase multi-million-dollar homes in the United States and abroad has gained some media attention in recent weeks, we should keep in mind that BLM’s shady financial dealings likely go much further than these questionable purchases.
In fact, over the past few years, BLM and its affiliated groups have raised a whopping $10.6 billion according to a December 2021 report from The Economist.
Although it is practically impossible to track where and how that $10.6 billion has been spent, we do know that Black Lives Matter Global Network Foundation (BLMGNF) certainly has some explaining to do concerning how it has spent (or not spent, for that matter) tens of millions of dollars it raised.
As multiple media outlets have been reporting, BLMGNF, which is at the center of the lavish home purchases, raised a reported $90 million in 2020 alone. Interestingly, the organization has chosen to hold on to much of that giant sum, $60 million to be exact, rather than using the funds for the betterment of the very people it claims to serve.
Even more interestingly, Patrisse Kahn Cullors, the self-described “trained Marxist” who ran BLM during its mammoth fundraising effort, conveniently resigned from her BLMGNF position once word of her mansion buying spree and other dubious dealings came to light.