Black Lives Matter Founder Patrisse Khan- Culors real estate spending spree

NY Post Story By Isabel Vincent

Black Lives Matter co-founder Patrisse Khan-Cullors has gone on a real-estate buying binge in recent years, snagging four high-end homes for $3.2 million in the US alone, according to property records.


As protests broke out across the country in the name of Black Lives Matter, the group’s co-founder went on a real estate-buying binge, snagging four high-end homes for $3.2 million in the US alone, according to property records.


Patrisse Khan-Cullors, 37, also eyed property in the Bahamas at an ultra-exclusive resort where Justin Timberlake and Tiger Woods both have homes, The Post has learned. Luxury apartments and townhouses at the beachfront Albany resort outside Nassau are priced between $5 million and $20 million, according to a local agent.


The self-described Marxist last month purchased a $1.4 million home on a secluded road a short drive from Malibu in Los Angeles, according to a report. The 2,370 square-foot property features “soaring ceilings, skylights and plenty of windows” with canyon views. The Topanga Canyon homestead, which includes two houses on a quarter acre, is just one of three homes Khan-Cullors owns in the Los Angeles area, public records show.


Some fellow activists were taken aback by the real estate revelations.

Hawk Newsome, the head of Black Lives Matter Greater New York City, called for “an independent investigation” to find out how the global network spends its money.


The "custom ranch" Patrisse Khan-Cullors owns in Georgia.Realtor.com


“If you go around calling yourself a socialist, you have to ask how much of her own personal money is going to charitable causes,” he said. “It’s really sad because it makes people doubt the validity of the movement and overlook the fact that it’s the people that carry this movement.”

Last year, Khan-Cullors and spouse Janaya Khan ventured to Georgia to acquire a fourth home — a “custom ranch” on 3.2 rural acres in Conyers featuring a private airplane hangar with a studio apartment above it, and the use of a 2,500-foot “paved/grass” community runway that can accommodate small airplanes.

The three-bedroom, two-bath house, about 30 minutes from Atlanta, has an indoor swimming pool and a separate “RV shop” that can accommodate the repair of a mobile

home or small aircraft, according to the real estate listing.


The Peach State retreat was purchased in January 2020 for $415,000, two years after the publication of Khan-Cullors’ best-selling memoir, “When They Call You a Terrorist.”


In October, the activist signed “a multi-platform” deal with Warner Bros. Television Group to help produce content for “black voices who have been historically marginalized,” she said in a statement.


It is not known how much Khan-Cullors received in compensation in either deal.

Khan-Cullors began her buying spree in L.A. in 2016, a few years after the civil rights movement she started from a hashtag — #blacklivesmatter — with fellow activists Alicia Garza and Opal Tometi began to gain traction around the world.


That year, she bought a three-bedroom, 1.5-bathroom home in Inglewood for $510,000. It is now worth nearly $800,000. Khan-Cullors added her wife, the co-founder of Black Lives Movement in Canada, to the deed in a family trust last year. The couple married in 2016.



Khan-Cullors' home in Inglewood, Calif., is now worth $800,000.Realtor.com


Two years later, in 2018, Khan-Cullors purchased a four-bedroom home in South Los Angeles, a multi-ethnic neighborhood. Khan-Cullors paid $590,000 for the 1,725 square-foot home, although the price has since climbed to $720,000, according to public records.


Three of the homes were bought in Khan-Cullors’ name, and the Topanga Canyon property was purchased under a limited liability company that she controls, according to public records cited by “Dirt,” the real estate blog that first reported the March 30 purchase.


Last year, Khan-Cullors and Khan were spotted in the Bahamas looking for a unit at the Albany, a real estate source who did not want to be identified told The Post. The elite enclave is laid out on “600 oceanside acres” and features a private marina and designer golf course. Current homes for sale include a nearly 8,000 square-foot, six-bedroom townhouse with a media room and marina views. The price is only available upon request, according to the resort’s website.

Khan-Cullors paid $590,000 for this South Los Angeles home.Realtor.com


“People who buy at the Albany are buying their fourth or fifth home,” said a resort worker who did not want to be identified. “This is not a second-home residence. It’s extremely high-end, and people are coming here for complete and total privacy.”


While it’s not clear if Khan-Cullors purchased a property at the island retreat for the super-rich, her mere interest shows just how far she has come from the hard-scrabble Van Nuys neighborhood in L.A. where she spent her childhood with two brothers and a younger sister.


In her memoir, Khan-Cullors describes growing up in a housing project less than a mile from the affluent and largely white neighborhood of Sherman Oaks, a community of wide lawns and pools where “there is nothing that does not appear beautiful and well kept.” The four kids were mostly raised by her single mother who worked 16 hours a day to support the family, she writes.



The Albany residence Khan-Cullors reportedly looked at is on 600 oceanside acres.

Credit:Handout


Growing up, Khan-Cullors lived in “a two-story, tan-colored building where the paint is peeling and where there is a gate that does not close properly and an intercom system that never works,” she writes. “The only place in my hood to buy groceries is a 7-Eleven.”


Khan-Cullors embraced activism and Marxism at a young age. “It started the year I turned twelve,” she writes. “That was the year that I learned that being black and poor defined me more than being bright and hopeful and ready.”


But she didn’t rise to national prominence until 2013, when she and two other activists protested the not-guilty verdict against George Zimmerman, who shot dead Trayvon Martin, an unarmed black teenager in Florida.


Black Lives Matter protests erupted again in 2020 after the May killing of George Floyd, who died after a Minneapolis police officer knelt on his neck during his arrest.

Patrisse Khan-Cullors at the Sundance Film Festival in Park City, Utah. Taylor Jewell/Invision/AP


Donations and pledges from corporations and individuals poured into the movement at that point. In February, the BLM non-profit co-founded by Khan-Cullors told the AP that they took in $90 million in 2020, with $21.7 million committed to grant funding and helping 30 black-led groups across the country.


Black Lives Matter leaders would not specify how much money they took in from prominent donors, according to the AP report.


It’s also not clear how much Khan-Cullors makes in salary as one of the leaders of the movement, since its finances are split among both non-profit and for-profit entities and difficult to trace.



Patrisse Khan-Cullors' Topanga Canyon property was bought under an LLC

Realtor.com


Founded by Khan-Cullors and another activist, Kailee Scales, the non-profit Oakland, Calif.-based BLM Global Network Foundation was incorporated in 2017 and claims to have chapters throughout the US, UK and Canada, and a mission “to eradicate White supremacy and build power to intervene in violence inflicted on Black communities.” The group does not have a federal tax exemption and donations are filtered through ActBlue Charities and Thousand Currents, two non-profits that manage the cash.


At the same time that the Khan-Cullors incorporated the non-profit, she also set up the similarly named BLM Global Network, a for-profit which is not required to disclose how much it spends or pays its executives.


Some have criticized the lack of transparency.


An overview of the homes bought or looked at by Khan-Cullors.


Newsome of NYC’s BLM said, “We need black firms and black accountants to go in there and find out where the money is going. He added that his group does not receive any financial support from the BLM Global Network.


Neither Khan-Cullors nor BLM Global Network Foundation returned requests for comment.

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