BLM leader steps down amid backlash over multimillion-dollar real estate purchases

The Black Lives Matter movement has received criticism on multiple fronts, but its co-founder Patrisse Cullors earned particular backlash over revelations that she had purchased real estate properties worth millions.

In a statement this week, Cullors confirmed that the “time is right” for her to step down from her apparently lucrative position as leader of the Black Lives Matter Global Network Foundation, USA Today reported.

“Those were right-wing attacks”

Over her five years at the helm, Cullors has clearly become wealthy. Meanwhile, her foundation has attracted allegations that it offered little direct benefit to Black communities.

When news broke that Cullors spent lavishly on real estate, the outrage was swift and intense. Now, she appears poised to step down with her fortune intact while she works on a project for Warner Bros.

To her critics, Cullors is the ultimate example of turning oppression into a moneymaking scheme.

In Thursday’s announcement, she referenced the ongoing controversy surrounding her stint as executive director, unsurprisingly attempting to blame conservatives in the process.

“Those were right-wing attacks that tried to discredit my character, and I don’t operate off of what the right thinks of me,” Cullors said.

“Little to no financial support”

Of course, the outrage aimed in her direction extends well beyond right-wing circles.

One of the most vocal advocates for a probe into Cullors is Hawk Newsome, who leads Black Lives Matter Greater New York City. He called for an “independent investigation” after her purchases were exposed.

The New York Post first reported on the matter after discovering that Cullors bought four homes worth a combined $3.2 million. Claims of hypocrisy were further amplified by the fact that she refers to herself as a Marxist.

Black Lives Matter has come under scrutiny after receiving a reported $90 million in donations last year with little to show for it — except for Cullors’ real estate, of course. Several local chapters and split off from the main organization due to a lack of transparency about where the money went.

In a statement, 10 regional BLM groups wrote: “To the best of our knowledge, most chapters have received little to no financial support from BLMGN since the launch in 2013.”

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