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18 Tremendous Profitable Black Entrepreneurs

Through the years, we’ve seen some superb entrepreneurial journeys emerge. Man entrepreneurs who failed earlier than they succeeded are actually main profitable empires with their Black-owned companies, rising from humble beginnings to now empowering the black group. There have many trailblazers within the Black enterprise group, and their journeys are genuinely inspirational.

18 Most Profitable Black Entrepreneurs

We’re just some of essentially the most profitable black entrepreneurs through the years and their thriving companies from historical past and up to date years. That is in no way an exhaustive record, however a small showcase of among the superb enterprise ventures created by black entrepreneurs and extra about their journey. Ensure that to take a look at Black entrepreneur quotes for much more inspiration on entrepreneurship.

1. Sean Johnson Combs

Sean Johnson Combs, also referred to as P.Diddy and Puff Daddy, is likely one of the most profitable African People within the leisure business. Following his music profession, Sean Johnson Combs can be the founding father of the file label Dangerous Boy Leisure. Asides from operating his personal label, Combs additionally has investments within the meals and beverage industries.

2. Sheila Johnson

Sheila Johnson is a co-founder of the media empire Black Leisure Tv channel, alongside her husband, Robert Johnson. BET was the primary TV channel to air on a TV community focusing solely on Black leisure and continues to be a number one channel. She can be the founding father of Salamander Resorts & Resorts, a enterprise capital agency, and is the primary African American girl to succeed in a web value of $1 billion.

3. Michael Jordan

Michael Jordan isn’t simply the world’s most recognizable basketball participant, however he’s additionally a really profitable entrepreneur. He’s the world’s highest paid athlete and has been operating companies ranging from a younger age, together with the well-known Nike’s Air Jordan line. He additionally owns a minority stake within the Charlotte Hornets basketball group.

4. Sarah Breedlove

Madam C.J Walker, born Sarah Breedlove, is likely one of the most profitable Black girl entrepreneurs in historical past and the primary self-made feminine millionaire in American historical past. Madam C.J Walker’s firm, Walker Manufacturing Firm, discovered its success by creating magnificence and hair merchandise for black girls and continues to function immediately.

5. Jay-Z and Beyonce

Each Jay-Z and Beyonce run profitable black enterprises in their very own proper and as a pair. Jay-Z is a musician turned businessman and owns Roc Nation label, Roca Put on attire firm, Tidal streaming service, and his personal eating places. Alongside together with her profitable music profession, Beyonce is the founding father of the profitable fitness center model and athleisure model Ivy Park. Their estimated web value is considered $1.9 billion.

6. Oprah Winfrey

Oprah Winfrey is likely one of the most profitable American girls in latest historical past. Beginning together with her personal present, her entrepreneurial journey has gone from profitable daytime tv discuss present to operating her personal model, Harpo Inc., a media conglomerate spanning tv and publishing. She can be a model ambassador for different firms.

8. John H. Johnson

John H. Johnson is the founding father of Johnson Publishing Firm, which is the corporate behind famed Black publications reminiscent of Ebony and JET. John H. Johnson was one of many first African American entrepreneurs to seek out success within the publishing discipline.

9. Aliko Dangote

Nigerian enterprise magnate Aliko Dangote is considered among the many high richest Black entrepreneurs. He’s the chairman and CEO of the Dangote Group, which operates in industries together with sugar, freight, meals processing, cement manufacturing, and different areas. Dangote Teams’ annual income is estimated to be $14.1 billion.

10. George Foreman

George Foreman isn’t simply recognized for his esteemed boxing profession but in addition for his entrepreneurship. Whereas he was well-known within the sport professionally, he additionally invented the George Foreman grill, which made cooking on grills quicker, simpler, and more healthy. He’s additionally a motivational speaker alongside his enterprise actions.

11. Janice Bryant Howroyd

Janice Bryant Howroyd is likely one of the trailblazers for black girls entrepreneurs, beginning with a small enterprise, employment company ActOne that turned a nationwide big. She is the primary African American girl to construct and personal a billion greenback non-public firm.

12. Tyra Banks

Tyra Banks is thought for her iconic modeling profession, however her profession has additionally spanned many enterprise ventures. She is at the moment the CEO of her manufacturing firm Bankable Productions, which was behind high TV reveals reminiscent of America’s Subsequent Prime Mannequin and The Tyra Banks Present. Tyra Banks has additionally launched books, a make-up line, and different companies.

13. Kenneth Frazier

Kenneth Frazier is the chief chairman and former CEO of pharmaceutical big Merck & Co. He joined Merck as Basic Counsel, main the corporate’s protection in high-profile litigation fits earlier than taking up the CEO position. He retired from the CEO place in 2021 however stays government chairman of Merck.

14. Rihanna

Rihanna is likely one of the newer younger Black entrepreneurs, going from music to a multimillion greenback magnificence line, Fenty Magnificence and lingerie trend line, Fenty X Savage. Her model Fenty Magnificence was acquired by luxurious magnificence big LVMH, however Rihanna stays CEO of each manufacturers. Her web value is estimated to be $1.7 billion.

15. Cathy Hughes

Cathy Hughes is the founding father of RadioOne, a media firm, after buying a radio station in 1979. RadioOne went public in 1999, making Cathy Hughes the primary African American girl to guide a publicly traded company.

16. Shonda Rhimes

Shonda Rhimes is a tv producer, screenwriter, and writer behind many widespread TV reveals, together with Grey’s Anatomy, Scandal, How To Get Away With Homicide, and extra. She heads her personal manufacturing firm, ShondaLand, and is at the moment engaged in a multimillion-dollar manufacturing take care of Netflix.

17. Daymond John

Daymond John is behind the style attire model FUBU, which stands for For Us By Us, which he began at an early age. He’s additionally recognized for his position on the favored TV present Shark Tank as one of many traders throughout the Shark group. FUBU has expanded into different areas and is at the moment concerned in supporting black enterprise the place attainable.

18. Chris Gardner

Chris Gardner is a businessman and motivational speaker. Gardner struggled with homelessness throughout his early profession however finally turned a stockbroker and based his personal agency in 1987. After finally promoting his minority stake, he wrote a memoir, which was a film, The Pursuit of Happyness, the place he was performed by Will Smith.

Who’s essentially the most well-known black entrepreneur?

Probably the most well-known black entrepreneur is Oprah Winfrey, who has been a family identify for many years since her daytime discuss present debuted. Oprah now runs her personal media firm, Harpo Inc.

Who’s the richest black entrepreneur?

The richest black entrepreneur is Nigerian businessman Aliko Dangote. He has a web value of 14.1 billion USD.

What’s the largest black owned enterprise within the US?

There are a lot of contenders for the biggest black owned enterprise within the US, however one of many high ones could be staffing company ActOne Group, run by Janice Bryant Howroyd with over 2 million {dollars} in income and greater than 2000 staff.

Picture: Depositphotos



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