Thu. May 6th, 2021

BUSINESS

Black Ownership

Black Owned Businesses : Top 10 Highest Earners

Black Owned Businesses Revenue

$187,600,000,000 USD

Created over 1 million jobs in the USA


City with most black owned businesses

NYC



Annual Payroll

$23,900,000,000


Jrue Holiday stresses the importance of supporting Black business (Video)

New Orleans Pelicans point guard/shooting guard, Jrue Holiday, shares the importance of supporting Black businesses in a tweet shared today by the Milwaukee Bucks. Supporting Black businesses is extremely important within the Urban community. Historically, Black businesses were often alienated by the masses. They were burned down, damaged in riots, and looted. Even Black people,…

Black Business Profile: Bridgewater Interiors LLC

Founded 1998 Revenue 2,000,000,000 Employees 2,400 Bridgewater Interiors LLC is a Detroit-based joint venture between privately-held Epsilon Technologies LLC and Adient (NYSE: ADNT). Established in April 1998, Bridgewater is an automotive interiors manufacturing company specializing in just-in-time (JIT) manufacturing, sequencing and delivery of seating, overhead and center console systems. The company assembles seating systems for…

Black Business Profile: The ACT 1 Group

Founded 1978 Revenue 2,800,000,000 Employees 2,600 ActOne Group, Inc. provides employment, workforce management, and procurement solutions to Fortune 500 organizations, local and mid-market companies, and government agencies. ActOne Group companies include AppleOne, All’s Well, AT-Tech, ACT-1 Personnel Services, Agile-1, ACT-1Govt, A-Check Global, which provides personnel and recruiting services to different industries, and DSSI, which provides…

Black Business Profile: World Wide Technology Inc

Founded 1990 Revenue $12,000,000,000 Employees 6,500 World Wide Technology, Inc. (WWT) is a technology service provider founded by David Steward in July 1990. WWT provides technology and supply chain services with a focus on the enterprise commercial, public and telecom service provider sectors. The company provides planning, procurement and deployment of IT products and solution…

Black Business Profile: Vista Equity Partners

Vista Equity Partners (Vista) is an American private equity and venture capital firm focused on financing and forwarding software and technology-enabled startup businesses, as well as passive equity investments. The Firm invests in software and technology enabled businesses. Vista) is one of the best-performing private equity firms of the last 15 years. The firm was…

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.

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. Burns served as CEO of Xerox from 2009 to 2016 and Xerox chairwoman from 2010 to 2017. In 2014, Forbes rated her the 22nd most powerful woman in the world. 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