BUSINESS

Black Owned Businesses : Top 10 Highest Earners

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Black Owned Businesses Revenue

$187,600,000,000 USD

Creates over 1 million jobs in the USA


City with most black owned businesses

NYC



Annual Payroll

$23,900,000,000


Growth.

Black owned businesses in the United States increased 34.5% between 2007 and 2012 totaling 2.6 million Black firms. More than 95% of these businesses are mostly sole proprietorship or partnerships which have no paid employees.

About 4 in 10 black-owned businesses (1.1 Million) in 2012 operated in the health care, social assistance; and other services such as repair, maintenance, personal and laundry services sectors.

“If you don’t like something, change it. If you can’t change it, change your attitude. Don’t complain.”

Maya Angelou

Featured Executive: Ursula Burns

In 2009, Burns became CEO of Xerox, the first among black women to be a CEO of a Fortune 500 company, and the first woman to succeed another as head of a Fortune 500 company.[9][10] Burns served as CEO of Xerox from 2009 to 2016 and Xerox chairwoman from 2010 to 2017.[11][12] In 2014, Forbes rated her the 22nd most powerful woman in the world.[13] Among other civic positions, she was a leader of the STEM program of the White House from 2009 to 2016, and head of the President’s Export Council from 2015 until 2016