Reality show stars come and go. But the winner of season four of “The Apprentice,” Dr. Randal Pinkett, has proven to have staying power. Pinkett, who is chairman and CEO of national consulting firm BCT Partners, has just landed two billion-dollar contracts.
Archive for the ‘Black Wealth’ Category
Idris Ayodeji Bello calls himself “Afropreneur.” And the term, coined by the 33-year-old Nigerian entrepreneur, is catching on. Bello is a self-made tech innovator, and, in fact, has founded various tech initiatives with the goal of encouraging entrepreneurship and empowering communities across Africa. He co-founded the Wennovation Hub in Lagos, Nigeria, sort of a technology think tank that encourages entrepreneurs to develop their ideas into businesses.
Many people know actor Dennis Haysbert from his role as the President of The United States in the mega popular, long-running series “24.” Or as the handsome philanderer in the hit film “Waiting To Exhale.” But besides these and the countless other film and TV roles he has under his belt, Haysbert is dividing his time between acting, producing and launching his golf and yoga apparel brand, DH6 Gear.
It may seem like a stereotype but women do love shoes. Just look at the stats: The footwear business is a $48 billion business. Samanta Joseph, CEO of Samanta Shoes, is carving out a niche with her company. It specializes in stylish large-sized shoes. Launched in 2003, the company reportedly grossed approximately $1 million in 2010.
The latest U.S. Census report on black-owned businesses shows a growth rate three times the national average. The 10 black-owned companies listed here are excellent models for those who aspire to economic independence.
Who is the first Black person that comes to your mind when you think of wealth? Probably 99 out of 100 of us think of Oprah Winfrey, followed by Bob Johnson and his ex-wife, Sheila Johnson, and then on down the line with the likes of Michael Jordan, Earvin “Magic” Johnson, and Tiger Woods. Let’s not forget about P Diddy (or whatever his name is these days), Jay Z and Beyoncé, Tyler Perry, and Bill Cosby. Sadly, we’d probably leave Dr. Michael Lee-Chin and the Roberts brothers, Michael and Steven, off the list because they choose not to be as visible and flamboyant as the others.
When Joe Parker was a young, newly married public-school administrator who wanted to buy a home in 1974, he didn’t even think about leaving Prince George’s County, Maryland. It was where he and his parents had grown up. But when Parker first tried to bid on a house in a new development in Mitchellville, a small farming community that was sprouting ranch and split-level homes on old plantation lands, the real-estate agent demurred, claiming there were other buyers. In truth, the development had been built to lure white, middle-class families to the county, which sits just east of Washington, D.C. Parker never told the agent that he served on a new county commission to enforce laws forbidding housing discrimination. He just persisted, he says, until he and his wife were able to bid. “My wife kept saying, ‘Why don’t you tell him?’” Parker recalls, but he refused to pull rank. “I said no, because what does the next black man do?”
Born on December 4, 1973, in Inglewood, California, Tyra Banks was a leading international fashion model, becoming the first black woman to land the cover of the Sports Illustratedswimsuit issue. She later tried her hand at acting before creating and hosting her own reality TV show, Project Runway, followed by her own daytime talk show, for which she’s won an Emmy Award.
A multi-talented performer, Harry Belafonte was born on March 1, 1927, in New York City. As a youth, he struggled with poverty and a turbulent family life. Belafonte’s career took off with the film Carmen Jones (1954). Soon after, he had several hits—”The Banana Boat Song (Day-O)” and “Jamaica Farewell.” In addition to his acting and singing career, Belafonte worked as a champion for many social and political causes.
Bob Marley was born on February 6, 1945, in St. Ann Parish, Jamaica. In 1963, Marley and his friends formed the Wailing Wailers. The Wailers’ big break came in 1972, when they landed a contract with Island Records. Marley went on to sell more than 20 million records throughout his career, making him the first international superstar to emerge from the so-called Third World. He died in Miami, Florida, on May 11, 1981.
“Emancipate yourselves from mental slavery; none but ourselves can free our minds.”