Billionaire Family Courts Worlds Rich for Black Hollywood Bet

The family behind one of the US’s biggest Black fortunes is targeting other members of the world’s super-rich to boost efforts for creating racially diverse film and television content.

Lion Forge Animation, an Oscar-winning production studio founded by the son of US technology billionaire David Steward, is looking to raise as much as $50 million from the investment companies of wealthy families, as well as some institutional firms, according to a person familiar with the plans.

ncG1vNJzZmivp6x7o7jOqKSbnaKce6S7zGilnq%2BjZK6zwMico56rX2d9c3%2BMaWhmamVkr6q4y6Kmp5mZp7JussCmoKWxXZi8tr7TrGSwp6KhsW6%2FjKugnKBdm7yzecGlmJyjXZ28rbjYsKaonF2XsrU%3D