Episode 28

Why High Income Earners Still Go Broke

Why do so many athletes, entertainers, and six-figure earners still end up broke?

On this episode of Black Men Sundays, Corie Sylvester Murray sits down with Richard McWhorter, Managing Partner at SRM Private Wealth, who oversees over $2 billion in assets, to expose the real reason high-income earners lose it all.

We break down:

  1. The #1 mistake that destroys wealth
  2. How to turn short-term success into generational wealth
  3. Smart investing vs. gambling (crypto, betting apps & market hype)
  4. Estate planning secrets most people ignore
  5. Wealth preservation strategies for your 40s, 50s, and beyond

If you’re serious about building wealth, protecting your assets, and avoiding financial disaster in 2026 and beyond — this episode is a must-watch.

💰 High income doesn’t guarantee wealth. Discipline does.

About the Podcast

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Black Men Sundays
This podcast offers professional techniques for building generational wealth and general finance tips aided by weekly guest speakers who are professionals in finance.

About your host

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Corie Murray

Emmy Award Winning News Photojournalist of over 20 years that has covered major trials, hurricanes, and all major news stories happening around the United States and Central Florida. A native of Brooklyn, NYC and educated in Newport News and Hampton, Virginia. Graduate of the FAMU School of Journalism with emphasis on the science of Broadcast Journalism. Interests include buying stocks to increase portfolio, property ownership, and learning to be more financially sound, and is an avid investor in African American businesses.

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