Zero Hedge
By Tyler Durden – November 29, 2022
You may know billionaire Robert F. Smith, 59, founder of private equity giant Vista Equity, as the richest black man in the U.S with a net worth of $8 billion.
You may also know him for his escapades with the US Treasury which accused him of hiding tens of millions in income from the IRS and then using the untaxed money to buy up expensive homes in California, Colorado and France as well as putting his girlfriend up in an expensive Manhattan pad. He is also the same philanthropist who previously donated some $34 million (in more untaxed income) to pay off the student debt of black students at Morehouse College.