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African-American businesspeople, persons involved in the business sector – in particular someone undertaking activities (commercial or industrial) for the purpose of generating cash flow, sales, and revenue by utilizing a combination of human, financial, intellectual and physical capital with a view to fuelling economic development and growth
The Black business boom is evidence of what we can achieve with the right resources and support in place. It’s a reminder of the ongoing need for policies and systems that foster an inclusive ...
Black billionaires are individuals who are of predominantly African ancestry with a net worth of at least US$1 billion. According to the 2025 Forbes ranking of the world's billionaires, Nigerian business magnate Aliko Dangote had a net worth of US$28.3 billion and was the world's richest black man.
In the United States, black-owned businesses (or black businesses), also known as African American businesses, originated in the days of slavery before 1865.Emancipation and civil rights permitted businessmen to operate inside the American legal structure starting in the Reconstruction Era (1863–77) and afterwards.
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Byron Allen, one of America’s most prominent Black businessmen, just reportedly bid $10 billion for broadcasting giant ABC in a bold move that would cap a stunning M&A record Paolo Confino ...
The 100 Black Men of America was founded in 1963 in New York City. The organization has chapters across the US and internationally, and is primarily composed of college-degreed black men. Its primary mission is to improve the quality of life within their communities and enhance educational and economic opportunities for all African-Americans.
On January 31, 2012, the United States Postal Service honored John H. Johnson with a commemorative stamp as the newest addition to its Black Heritage Series. The School of Communications at Howard University was to be named in his honor [15] but instead, the $4 million donation was used to endow a chair in entrepreneurship. [16]