Draft:Tiffany James (investor)
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 | This article contains promotional content. (October 2024) |
Tiffany James | |
|---|---|
 James in 2022 | |
| Born | November 25, 1994 Brooklyn, New York, U.S. |
| Nationality | American |
| Alma mater | Rutgers University |
| Occupation(s) | Investor, entrepreneur |
| Title |
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Tiffany Monique James (born November 25, 1994) is an American investor and entrepreneur. She is the founder and CEO of Modern Blk Girl. She is most notable for turning her initial investment of $10,000 into more than $2 million by adding several long-term growth companies, semiconductor chip stocks, and other investments.[1]
Early life
[edit]A daughter of Jamaican and Haitian immigrants. Her father drove taxis and owned a taxi company until Uber cannibalized his business, and her mother worked in childcare.[2] James is a graduate of Rutgers University, where she earned a degree in computer science.[3]
In 2019, James was working in the fashion and hospitality industries in New York City when she first opened a brokerage account.[4]
Business career
[edit]Modern Blk Girl
[edit]In 2020, the platform first launched on Clubhouse with 500 users but that number has since climbed to over 200,000.[5] James and COO, Sharlea Brookes found social refuge in the audio-only app, Clubhouse. The two investors weren’t strangers for long after learning they shared the same hometown.[6] Modern Blk Girl grew into a stand-alone wealth building platform for women of color with a mission to educate women about how money works and help close the wealth gap amongst genders across the globe.[7] James created Teen University, a four-week, accelerated financial literacy program for young women ages 14 to 19, teaches how to invest in and navigate the stock market.[8] MBG has already helped women of color earn more than $3.5 million in the stock market.[9]
Investments
[edit]In 2015, James learned about the earning potential of the stock market after attending a conference with her mom, but she didn’t have the funds or the knowledge to make any significant investments. By 2016, as she started her career, she used money from her salary in events and hospitality to make small investments.[10]
In 2019, James followed a friend’s advice to invest in Tesla stock. When the brand’s valuation skyrocketed in 2020, James’ $10,000 investment grew to over $2 million. James had planned to use some of those earnings to start a candle brand.[11] James added a mix of long-term growth companies, S&P SPDR exchange-traded funds and semiconductor chip stocks among other investments (she still owns some Tesla).[12] James has also continued to grow her personal investments, pulling in $4.3 million in a bear market.[13]
Awards and honors
[edit]In 2022, James was named the recipient of the Rising Star Award for The Motley Fool’s Women in Investing.[14]
References
[edit]- ^ "From $10,000 to $2M: How Tesla Helped This 27-Year-Old Black Entrepreneur". POCIT. Telling the stories and thoughts of people of color in tech. May 25, 2022. Retrieved October 22, 2024.
- ^ "Meet the 27-year-old investor who is teaching Black Gen Z girls about financial literacy". Fast Company. March 24, 2022.
- ^ Lufrano, Angie. "Investors Like Me: Tiffany James". The Motley Fool. Retrieved October 22, 2024.
- ^ CEPF, Leo Aquino. "A 26-year-old investor who's teaching other Black women to build wealth used 4 strategies to make her first million". Business Insider. Retrieved October 22, 2024.
- ^ "This 27 Year Old Turned $10K Into $2M Through Stocks And Is Passing The Baton To Black Youth". Yahoo Finance. April 14, 2022. Retrieved October 22, 2024.
- ^ Spencer, Alexa Imani (November 22, 2021). "Modern BLK Girl: From Clubhouse To Business Partners, These Two Black Women Are On A Mission To Get 500K Women Into The Investment Market". Black Enterprise. Retrieved October 22, 2024.
- ^ "Modern BLK Girl: From Clubhouse To Business Partners, These Two Black Women Are On A Mission To Get 500K Women Into The Investment Market". Yahoo Finance. November 20, 2021. Retrieved October 22, 2024.
- ^ Nance-Nash, Sheryl. "A 26-year-old who's helped women of color earn more than $3.5 million in the stock market answers the 2 most common investing questions she gets". Business Insider. Retrieved October 22, 2024.
- ^ "Tiffany James". AfroTech. Retrieved October 22, 2024.
- ^ Reid, Pauleanna. "Tiffany James, Founder Of Modernblkgirl, Is Making The World Of Trading And Investment Accessible To Women Of Color". Forbes. Retrieved October 22, 2024.
- ^ "27-Year-Old Black Woman Entrepreneur Who Turned $10K into $2M Now Teaching Others". Black Enterprise.
- ^ Dickler, Jessica (April 28, 2022). "From $10,000 to $2 million: This 27-year-old entrepreneur shares how she did it". CNBC. Retrieved October 22, 2024.
- ^ Miller, Rosemarie. "This Entrepreneur Made $7 Million Investing, Now She Teaches Other Women How To Do It Too". Forbes. Retrieved October 22, 2024.
- ^ Lufrano, Angie. "Investors Like Me: Tiffany James". The Motley Fool. Retrieved October 22, 2024.
External links
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