The Black Wall Street Community has reopened membership after six years, unveiling an economic ecosystem built around 28 mobile applications designed to connect Africans to jobs, contracts, capital and business opportunities. Charles Lambert, CEO and founder Black Wall Street, said the closure was used to develop its systems, platforms, intellectual property and community structures.
What now stands behind its reopened doors, it said, is a claimed $1 trillion intellectual property portfolio, a money-sharing community, 100 economic programs and a network of Pan-African centres intended to drive wealth creation across the continent. At the core of the reopened model is a one-time membership structure. Instead of annual dues, individuals gain entry by purchasing a Black Wall Street Portrait for $250.
Lambert said members receive 20 portraits, 200 Investment Points and two corporate-sharing slots valued at $100 each. According to him, the two slots provide $200 per month for life and the potential to cash out up to $30,000 after about three years, subject to terms and conditions. Membership can also be extended to family members, and individuals may buy multiple entries to help fund the rollout of the 28 apps.
The initiative draws its name from the historic Greenwood district in Tulsa, Oklahoma, once known as Black Wall Street for its thriving Black-owned businesses before the 1921 Tulsa Race Massacre. He said the vow to rebuild that model was made in 2002 by entrepreneur King Charles Nwabuikwu Lambert and was marked publicly in 2021 during the Resurrection of the Black Wall Street event on the 100th anniversary of the massacre.
It said the resurrection is now taking place in Africa, not Tulsa. He described its approach as “Compassionate Capitalism,” built on three principles: Educate, Trap and Invest. “Educate centers knowledge as the foundation of development. Trap involves redirecting economic activity into