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_this-black-owned-private-equity-firm-raised-3611-million-now-its-betting-on-luxury-vacation-homes.webp "Calvin Butts, the co-managing partner of East Chop Capital, joins Forbes senior writer Jabari Young at the Nasdaq MarketSite to discuss the private equity firm’s $11 million real estate fund, and reveals where opportunities exist in the sector.<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>0:00 Introduction<br/>0:41 What Stock Investing Advice Has Paid Off For Calvin Butts?<br/>3:50 What Is East Chop Capital's Focus: Luxury Homes Or Apartments<br/>6:23 The State Of Rental Properties In US<br/>10:39 How East Chop Capital Is Creating Jobs<br/>20:32 What Was The Process Like With Starting East Chop Capital?<br/>26:46 What Has Changed For Calvin And East Chop Capital With Success?<br/>32:15 How Do Capital Opportunities For Black And Brown Communities Come About?<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.")
⏲ 37:28 👁 945K
_stoney-creek-in-rapid-city-sd.webp "Elevate Commercial Investment Group")
_introducing-our-latest-acquisition-in-the-beautiful-city-of-rapid-city-south-dakota.webp "Elevate Commercial Investment Group")
⏲ 2 minutes 15 seconds 👁 10
_ceo-pay-continued-to-rise-in-2023-widening-the-income-gap-between-executives-and-workers.webp "CEO Pay Continued to Rise in 2023, , Widening the Income Gap , Between Executives and Workers.<br/>'The Independent' reports that the typical CEO <br/>compensation for S&P companies continues to<br/>increase, outpacing wages for average workers.<br/>The Associated Press released its annual analysis of <br/>CEO pay, which takes into account salaries, bonuses, <br/>perks and other pay components, like stock awards.<br/>According to the data, median CEO pay jumped almost <br/>13% in 2023, over three times more than the 4.1% increase <br/>to wages and benefits for private-sector workers.<br/>The median pay package for CEO's in 2023 <br/>was up 12.6% from 2022, reaching $16.3 million.<br/>With $16.3 million representing the midpoint, approximately half of the S&P 500 CEOs <br/>included in the survey earned even more.<br/>According to the survey, the income gap <br/>was even wider at companies where<br/>workers earn lower wages, like retail.<br/>'The Independent' uses Ross Stores as an example, where <br/>the average worker earning $8,618 would take 2,100 years <br/>to earn as much as CEO Barbara Rentler made in 2023.<br/>'The Independent' uses Ross Stores as an example, where <br/>the average worker earning $8,618 would take 2,100 years <br/>to earn as much as CEO Barbara Rentler made in 2023.<br/>At the top of the AP data was Broadcom Inc. <br/>CEO Hock Tan, who took home a 2023 <br/>pay package worth an estimated $162 million.<br/>At the top of the AP data was Broadcom Inc. <br/>CEO Hock Tan, who took home a 2023 <br/>pay package worth an estimated $162 million.<br/>In addition to the widening gap between <br/>employees and CEOs, the survey also <br/>highlighted the persistence of gender inequality. .<br/>The highest paid female on the list was Lisa Su, <br/>the CEO and chair of the board for Advanced Micro <br/>Devices, with a total compensation of $30.3 million. .<br/>The highest paid female on the list was Lisa Su, <br/>the CEO and chair of the board for Advanced Micro <br/>Devices, with a total compensation of $30.3 million.")
⏲ 1:30 👁 15.7M
_rapid-city-a-boring-place-to-visit-what-we-found-in-south-dakota39s-second-biggest-city.webp "Joe u0026 Nic's Road Trip")
⏲ 30 minutes 44 seconds 👁 68.7K
_invest-in-rapid-city-south-dakota-the-midwest39s-fastest-growing-city.webp "Elevate Commercial Investment Group")
_exciting-investment-opportunity-stoney-creek-a-premier-278-unit-community-located-in-rapid-city-sd.webp "Elevate Commercial Investment Group")
Exciting Investment Opportunity Stoney Creek, a premier 278-unit community located in Rapid City, SD
⏲ 59 seconds 👁 12
_cheyenne-river-ranch-rapid-city-south-dakota.webp "Hall and Hall")
_anytime-auto-sales-rapid-city-sd.webp "Brian Maruska")
_rv-life-police-pulled-us-over-and-you-won39t-believe-why.webp "Liz Amazing")
_live-scanner-soddy-daisy-pd-fire-hcso-fire-rhea-county-sheriff-fire-and-more.webp "Soddy Daisy Underground Radio")
_sioux-falls-how-run-down-is-south-dakota39s-biggest-city-this-is-what-we-found.webp "Joe u0026 Nic's Road Trip")
⏲ 29 minutes 39 seconds 👁 149.3K
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