Commentary

COMMENTARY: Something to sing about

FLORIDA COURIER — Robert F. Smith’s gift of paying off the student loans of Morehouse College’s 2019 graduating class stunned the school’s students and faculty, but it was just the latest act of philanthropy by the quiet billionaire tech investment executive who is concerned that economic opportunities for African-Americans have narrowed.

Published

7 years ago

May 30, 2019

Oakland Post

By Wire Reports

WHO IS THIS MAN? A HUMBLE BUT ‘WOKE’ BLACK BILLIONAIRE

ATLANTA – Robert F. Smith’s gift of paying off the student loans of Morehouse College’s 2019 graduating class stunned the school’s students and faculty, but it was just the latest act of philanthropy by the quiet billionaire tech investment executive who is concerned that economic opportunities for African-Americans have narrowed.

“My family is going to create a grant to eliminate your student loans!” Smith told the graduates during his commencement address. “You great Morehouse men are bound only by the limits of your own conviction and creativity.”

MILLIONS IN DEBT ELIMINATED

Smith made the surprise announcement Sunday while giving the college’s commencement address. His gift is estimated at $40 million-plus.

Smith, 56, is the nation’s richest African-American – ahead of Oprah Winfrey–with a net worth of $5 billion, according to Forbes. He amassed his wealth as chief executive of Vista Equity Partners, a private equity firm in Austin, Texas, that he founded in 2000.

Vista Equity buys, grows and sells companies in the software and other technology fields. It manages $46 billion in investments with a portfolio of more than 50 companies that employ more than 60,000 people, according to the firm’s website.

TOP BLACK COMPANY

His company is No. 1 on the BE100s (Black Enterprise magazine’s annual list of the most successful Black-owned companies) Private Equity list with $14 billion in capital under management. His company has been named to the BE 100s list for about a decade. Vista Equity Partners was BE’s 2013 Financial Services Company of the Year.

Smith seldom gives interviews and operated in relative obscurity until a few years ago. His profile began growing in step with his philanthropy, much of which is aimed at supporting the African-American community, and with more public appearances.

Speaking at the Milken Institute Global Conference in Beverly Hills, Calif., this month, Smith warned that educational and economic opportunities for African-Americans had narrowed since the time he and other Denver children were bused to recently desegregated schools in the area.

‘Great public schools’

“There is only one of those folks that were on that bus that actually got incarcerated,” he said. “We have doctors. We have lawyers. We have politicians. We have investors – all because we had the opportunity to get into a great public school.

“That dynamic lived in my neighborhood. It doesn’t live in that neighborhood today as much as it did then. The economic opportunity that was afforded me, I think, has changed. It has shrunk.”

Smith said African-American communities are as segregated today as in the 1950s, subjecting them to “economic underdevelopment” that doesn’t allow them to fully participate in the economy.

He called for companies to invest in the problem, including by offering internships to underprivileged students who may not even be aware of the job opportunities created by the tech revolution.

Constantly giving

Months before saying he’d wipe out the student loans of this year’s graduating class, Smith announced a $1.5 million gift to Morehouse. He also has donated $20 million to the Smithsonian’s National Museum of African-American History and Culture in Washington, and he and his foundation have given $50 million to Cornell University, his alma mater.

In 2016, Smith became the first African-American to be named chairman of Carnegie Hall. He had served on the celebrated New York concert venue’s board and was a donor, and hall officials cited his passion for music and his desire to help undeserved communities connect with the arts.

At a gala last fall for the City of Hope – the cancer hospital and research center in Duarte, Calif. – Smith was the largest individual donor, with a gift of $500,000 that was earmarked for prostate cancer treatment for Black men and breast cancer research for Black women.

Smith also signed on to the Giving Pledge, a commitment by the world’s wealthiest individuals and families to dedicate a majority of their wealth to philanthropy. The concept was formed by Bill and Melinda Gates and Warren Buffett.

Living large

The Colorado native also enjoys the fruits of his success. He owns a $59 million penthouse in Manhattan and a $19.5 million mansion in Malibu, Calif., among other properties, according to media reports.

Smith has five children, three from his first marriage and two with wife Hope Dworaczyk, a former Playboy model he married in 2015.

The son of two high school principals with doctorate degrees, Smith grew up in a mostly Black middle-class neighborhood. In a Washington Post interview, he recalled that his father made sure music filled the house and that as they went to bed, the recordings of African-American opera star Leontyne Price played on the stereo.

STEM, then business

According to Black Enterprise, “Smith started his early life out as a computer geek and even interned at Bell Labs. Although he worked in the STEM (science, technology, engineering and math) field for some time after earning a degree in chemical engineering from Cornell, the financial world beckoned.”

Smith earned a bachelor’s degree in chemical engineering from Cornell, followed by an MBA from Columbia Business School and a stint at Kraft General Foods. He switched to tech investment banking in 1994 when he joined Goldman Sachs, where he worked on mergers and acquisitions in Silicon Valley and elsewhere, then stepped out on his own and started Vista Equity.

‘I can do that’

As his success and wealth grew, Smith maintained a low profile and shied away from being photographed. But now he’s more comfortable with his public profile in part because he wants young African-Americans to see what he’s accomplishing, Smith told the Post.

“Now I want people to say, ‘If Robert Smith can do it, I can do that and more,’” he said. “I could just live off my money. It might be a good life, though it wouldn’t be a fulfilled life.”

‘Love your community’

According to Black Enterprise, at an event last year at the Oakland, Calif., home of business strategist Carl Hackney, Smith spoke with a gathering of mostly Black politicians, venture capitalists, tech entrepreneurs, and philanthropists. He weighed in on the importance of investing in communities and his advice for future generations.

“Love your community by voting,” he said. “Love your community by taking care of your community. Love your community by actually doing something wherever you can.

“Think about what is it that you uniquely bring to a community that changes that community. Sometimes, it is words of inspiration. Most of the time it’s acts of inspiration. It is doing something, it is leading, it is taking advantage of what it is you have to provide.

“Sometimes what you have to provide is walking a child home every night so they feel safe. Sometimes it’s making sure a child is read to at night because their parent is at work. Sometimes it’s a scholarship. Sometimes it’s the encouragement to go dream big, go take the test, go try something different, go get an internship.

“Or it’s creating an internship, like the internship I got at Bell Labs when I was 17 years old, that allows them to stretch their imaginations,” he said.

Information from James F. Peltz and Laurence Darmiento of the Los Angeles Times/TNS and Samara Lynn, Caroline Clarke and Selena Hill of Black Enterprise was used to prepare this report.

This article originally appeared in the Florida Courier.

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Commentary

COMMENTARY: Oakland’s Black Students Have Gained Ground: We Shouldn’t Stop Now

New state data reveals that Black students in the Oakland Unified School District are making academic gains in reading and math at rates significantly faster than their peers statewide. These improvements follow a 2023 decision by board leadership to cancel school closures and instead invest in the Black Thriving Community Schools program. While the district continues to address budget challenges, proponents argue that maintaining these targeted resources is essential to narrowing long-standing achievement gaps. Read more about the specific policies driving these results.

Published

1 week ago

November 3, 2026

Post News Group

By Walter Riley

Oakland’s Black students are making faster gains in reading and math than Black students statewide, according to state data released Oct. 15.

Those gains followed decisions by school board President Jennifer Brouhard and Vice President Valarie Bachelor to keep schools open, invest in Black students and support teachers.

Since 2023, Black students in Oakland Unified School District have gained about 31 points in English and math on the California School Dashboard — roughly three times the statewide English gain and more than twice the math gain. Our students still trail their statewide peers, but they have narrowed that gap by about a third.

In 2022, the previous board voted to close or reduce grades at 11 schools, mostly serving Black and Brown families. A state civil rights investigation later found the plan would have unlawfully discriminated against Black, low-income and disabled students. Brouhard and Bachelor opposed those closures and, after winning election, voted to cancel remaining plans in January 2023.

The board then expanded support through Black Thriving Community Schools, providing additional resources where Black enrollment exceeds 40%, and funded teachers dedicated to Black students and families. Its reparations policy requires schools to develop plans for Black student achievement.

Meanwhile, the district reduced a $100 million budget shortfall to about $30 million without closing schools, cut central office positions and approved its first balanced budget in 22 years. More than 99% of teaching positions were filled when this school year began.

These investments must grow. Black Thriving Community Schools still reach only some students who need them. Every Oakland child deserves a safe, racially just neighborhood school staffed by qualified teachers who can afford to stay.

The opposing slate argues closures should remain an option to address budget pressures. But a Stanford study found closures do not improve district finances because departing families take student funding with them. Other research links closures to lower college attendance and adult earnings. Majority-Black schools nationally are more than three times as likely to close.

Oakland knows the consequences. There is another path. Brouhard and Bachelor have begun moving Oakland in that direction, protecting classroom investments while confronting financial pressures.

Progress deserves continued public support. We cannot afford to reverse course.

About the Author

Walter Riley is a civil rights attorney and longtime community organizer in Oakland.

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Black History

From Backyard Grilling to Jack London Square: Jamale Carlyle’s Chicken Wing Success Story

Jamale Carlyle turned a backyard hobby into a flourishing business after using grilling to cope with the loss of his mother and sister. The former corporate executive and CPA transitioned from a twenty-year career in the power industry to selling chicken wings at farmers’ markets in Tracy and Oakland. Following immediate success and viral social media attention, Carlyle opened two permanent storefronts and established a charitable partnership to support local youth. His journey highlights a unique path from internal auditing to community entrepreneurship. Read more.

Published

1 week ago

November 3, 2026

Post News Group

Jamale Carlyle had a long career working for power companies before embarking making his grilling hobby into a business. Courtesy photo.

By Tanya Dennis

For Jamale Carlyle, what began as a way to cope with personal loss has grown into a thriving chicken wing business with locations in Tracy and Oakland’s Jack London Square.

Raised in Los Angeles, Carlyle remains a southern kid at heart, guided by the values and principles instilled in him growing up. In 2020, he lost his sister, and two months later, his mother passed away. The losses left him grieving half of his immediate family and searching for a way forward.

He turned to God, and to two favorite pastimes: grilling chicken wings and deep sea fishing. Friends who gathered in his backyard encouraged him to turn his chicken wings into a business.

Carlyle had built a successful corporate career before becoming an entrepreneur. An economics graduate of the University of California, Irvine, he earned a master’s degree in accounting from the University of Southern California and became a certified public accountant (CPA).

He spent more than 20 years in the power industry, including working for Edison International in Los Angeles and Boston. He later joined JP Energy Partners in Dallas, helping its team take the company public.

After moving to San Francisco in 2016, Carlyle spent 10 years with Pattern Energy, a wind energy company, where he served as vice president of Internal Audit and took on numerous corporate responsibilities.

But in 2025, grilling became more than a hobby. Carlyle began selling his wings at farmers’ markets, initially dedicating four hours every Saturday. Nervous about his first outing in Tracy, he wondered whether his friends had simply been encouraging. Instead, he sold out on opening day.

He later brought his business to Jack London Square’s Farmers Market, where he again sold out on his first day. As demand grew, he expanded into catering before opening his Tracy storefront in May 2026 and his Jack London Square location in July.

Social media helped fuel the momentum. In Tracy, enthusiastic reviews on the community’s Rants and Raves Facebook page brought customers through the door. His Jack London Square debut also gained traction online, generating approximately 100,000 views on social media on his on opening day.

Still processing the rapid growth, Carlyle describes the business as something that began in his backyard as a stress reliever and became an unexpected calling, and a way of giving back.

“Giving back” has led to a partnership with Mike Jenkins, owner of Oakland Strong, a nonprofit gym known for Olympic style weight lifting and developing national and international champions. After Jenkins visited Carlyle’s store with members of his team, Carlyle returned the visit, and the two began discussing ways to partner to support the community.

“I’m really big on charity. I believe in giving back to the community,” Carlyle said. “I knew before I opened my store, I’d be doing something like this, this is what God wants me to do.”

Their collaboration will introduce the “Oakland Strong Bowl,” featuring 10 dry-rub Cajun wings and a vegetable-rice bowl for $17.99, with $2 from each purchase donated to the Oakland Strong Foundation. The initiative is expected to launch in early November.

“This builds community in Oakland and Jack London Square,” Carlyle said.

Looking ahead, Carlyle plans to expand the menu with chicken thighs, chicken tacos and additional sides. He is also pursuing a liquor license to create a destination where customers can enjoy wings while watching sports.

For now, he is focused on growing his two locations. But with customers embracing his food and his commitment to giving back, Carlyle sees the possibility of bringing his chicken wings to more communities throughout the Bay Area.

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Commentary

OPINION: We Can Restore Checks and Balances on Trump

With the presidential administration facing criticism over its handling of healthcare, inflation, and government spending, political observers are shifting their focus toward the upcoming congressional elections to restore institutional checks and balances. Recent data suggests Democrats are within reach of the 218 seats needed for a House majority, while specific Senate races in states like Texas and Michigan remain pivotal. The outcome of these contests will determine the legislative branch’s ability to challenge executive policies on tariffs, taxes, and military engagement. Click to read more.

Published

1 week ago

November 3, 2026

Post News Group

By Emil Amok Guillermo

Rapper Nikki Minaj is the latest high profile political tool of Donald Trump. The president recently remarked on the Afro-Trinidadian singer’s backside, praising her “beautiful ass.”

Is this what passes as an appeal for the Black vote? But Trump is an equal opportunity offender.

At recent rallies, Trump made homo-erotic comments about Republican men and their butts, like when he referred to Ohio Senator John Husted’s as a “pile of muscle.” But shouldn’t Trump be talking about the real issues?

Gas prices are now higher than they were under former President Joe Biden. Inflation is higher than when Trump took office, while he has redecorated the White House and already spent over $200 million on gold filigree. At least 3 million people have been kicked off of Medicaid or Obamacare because of Trump-backed legislation in Congress.

The country needs a change in how Trump does business. We need a strong independent Congress in both the House and Senate that will be our voice to stand up to ideas like a ‘forever war.’ Or tariffs against friend and foe.

This is the important math of the day: Democrats need 218 seats for a majority. Four more needed than their current 214. The latest Cook Report shows Democrats could gain 12-22 House seats.

But you still need the Senate, where Republicans have 53 members and the Dems have 47.

To have control, Dems would need to beat the tie breaker vote cast by VP J.D. Vance. Democrats need to get to 51 and that means four Senate victories on Nov. 3.

Of the key states politicos are watching, North Carolina and Georgia look blue. Can they get two more from toss-up states like Alaska (Mary Peltola?), Maine (Troy Jackson?), or Ohio (Sherrod Brown)? Observers are talking about two races in particular: Texas and Michigan.

In Texas the Talarico/Paxton race is fascinating. State legislator James Talarico is a choir boy compared to Texas Attorney General Ken Paxton—whose rhetoric and record suggest he would be more amoral than Trump.

Then there’s Michigan, where Abdul El-Sayed is running against Mike Rogers.

The Black vote has wavered there, with some high-level Black pols coming out against El-Sayed on Fox News. Trump has also called El-Sayed a “jihadist and a terrorist.”

Born in the U.S., El-Sayed is a highly educated Rhodes Scholar, and a physician. The “model minority” is a terrorist? But like all people of color, he gets othered. Assumptions get made. His skin color and his religion make him a terrorist.

What about local issues like the billionaire tax in California. Prop. 40? I hate direct legislation by propositions because the proposals are usually flawed and can’t be worked out easily—like if legislators actually did their job in the state house.

But taxing billionaires more has to happen on the state and federal level. Prop 40 is a start. Even if it’s one time and goes mostly to health care. It’s a start toward fairness.

Whatever you say. Just vote. Now. Early. Don’t wait.

About the Author

Emil Amok Guillermo is a journalist, commentator and comic monologist. See him on his micro talk show: YouTube.com/@emilamok1