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Monday 26 April 2021

BLM co-founder spent $3.2 million on four homes since 2016

BLM co-founder spent $3.2 million on four homes since 2016

BLM co-founder spent $3.2 million on four homes since 2016

Black Lives Matter co-founder Patrisse Khan-Cullors made headlines last week after it was revealed that she purchased a $1.4 million home in a wealthy Bohemian neighbourhood west of Los Angeles. Now, the New York Post has discovered that the large compound purchased by Khan-Cullors was not the only piece of real estate she has invested in in recent years. The activist, who comes from a modest upbringing, has spent over $3.2 million on four properties across the United States since 2016. In 2016, Khan-Cullors purchased a $510,000 home in Inglewood, another suburb of Los Angeles.

The three bedroom, 1.5 bathroom home has since increased in value by more than 50 percent to $800,000. Two years later, in 2018, Khan-Cullors purchased a second home in Los Angeles County, this time in the city itself. Originally priced at $590,000, the price of the home has since risen to $720,000. After another two years, Khan-Cullor and her wife, who is also a BLM activist, purchased another home in rural Georgia.

Taking up 3.2 acres, the home was worth $415,000 when it was purchased. The United States is not the only country where Khan-Cullors has considered real estate ventures either. Black Lives Matter has received over $90 million in donations in 2020 alone, with many wondering how that money was being spent. It is unclear how much of this money went to Khan-Cullors.

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Source: Noah David Alter | The Post Millennial

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