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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]
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 ...
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. [1] Other billionaires of African descent on the 2021 Forbes list included Nigerian businessman Mike Adenuga with $6.1 billion, American investor Robert Smith with ...
In recent years, Black-owned businesses have grown at the fastest pace in over 30 years, marking a pivotal moment in the journey to economic equity. And while the recent surge in Black-owned ...
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 League included Negro small- business owners, doctors, farmers, other professionals, and craftsmen. Its goal was to allow business to put economic development at the forefront of getting African-American equality in the United States. Business was the main concern, but civil rights came next. A meeting in Louisville, Kentucky, on August 18 ...
1865 First Annual Meeting of the National Equal Rights League, Cleveland, Ohio; the "John Brown Song" was sung at the meeting (page 11) [36] 1867 Illinois State Convention of Colored Men, Galesburg, Illinois [37] 1869 National Convention of Colored Men of America, Washington, D.C. [14] [38] 1870 Colored Labor Convention, Saratoga Springs, New York
Most of the African-Americans in business were men, however, women played a major role especially in the area of beauty. Standards of beauty were different for whites and blacks, and the black community developed its own standards, with an emphasis on hair care. Beauticians could work out of their own homes and did not need storefronts.