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White people become extremely violent towards black people and their businesses. In 1906 in Atlanta, white people attacked black business owners and looted their companies, causing their businesses to have to be shut down. Twenty licenses for black-owned restaurants were taken away and thirty-three licenses were inspected for suspension. [76]
Reginald Francis Lewis (December 7, 1942 – January 19, 1993), was an American businessman. He was one of the richest Black American men in the 1980s, and the first African-American to build a billion-dollar company: TLC Beatrice International Holdings Inc. [1]
Maggie Lena Draper was born on July 15, 1864, the daughter of Elizabeth Draper and Eccles Cuthbert. [4] [5] [a] Her mother, a former slave, was an assistant cook at the Van Lew estate in Church Hill of Richmond, Virginia, where she met Cuthbert, an Irish American journalist for the New York Herald, based in Virginia.
[2] [3] He also founded RLJ Companies, a holding company that invests in various business sectors. [3] [7] Johnson is the former majority owner of the Charlotte Bobcats (now Charlotte Hornets). [8] He became the first black American billionaire in 2001.
Mason, an entrepreneur at heart, was also a philanthropist, helping to found an elementary school for Black children and the First African Methodist Episcopal Church, L.A.'s first and oldest Black ...
He was the first African American to own and operate a car manufacturing company. [9] After producing somewhere between 30 and 150 vehicles, he had difficulty getting financing for expansion, Patterson decided to change his business rather than compete head on with the major Detroit industry. [9]
Multiple sources mention that although other women (like Mary Ellen Pleasant) might have been the first, their wealth is not as well-documented. [1] [2] [3] Walker made her fortune by developing and marketing a line of cosmetics and hair care products for black women through the business she founded, Madam C. J. Walker Manufacturing Company ...
Atlanta Life's business thrived, and they expanded their business into Florida, Kansas, Kentucky, Missouri, Tennessee, and Texas. [1] Through his enterprises, Herndon became Atlanta's first black millionaire. Herndon was featured in The Crisis Magazine ' s “Men of the Month” in March 1921. The article emphasizes his competence and success ...