Legendary Black Entrepreneurs
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America’s Black population faces barriers to success in numerous arenas—from racial wage and racial wealth gaps, which limit their earnings and ability to accumulate wealth, to higher amounts of student loan debt and racial bias in medical care, which can have long-lasting effects on financial and physical well-being.
The 11 Black entrepreneurs profiled here have triumphed over the odds, thanks to their determination, perseverance, intelligence, talent, and skill—among other qualities. They are among the most successful Black entrepreneurs in American history. All are legendary, not just for their business success, but also because of the barriers they’ve had to overcome to achieve it.
Key Takeaways
Robert L. Johnson became the first Black billionaire, and Oprah is the richest Black woman in the U.S. with a $3 billion net worth.
Entrepreneurs like Oprah Winfrey and Michael Jordan overcame racial and financial challenges to achieve success.
Several entrepreneurs, like Madam C.J. Walker and Robert L. Johnson, significantly contributed to their communities through charitable efforts and social advocacy.
These entrepreneurs have made lasting impacts across various sectors, including media, fashion, sports, technology, and food.
Oprah Winfrey
It’s traditional to start a list like this one with Oprah because she is arguably the most...
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