Black People : Black Excellence:5 Black-Owned Companies You've Never Heard of That Make $500 Million or More A Yea

Discussion in 'Black People Open Forum' started by Black Phoenix, Aug 10, 2015.

  1. Black Phoenix

    Black Phoenix Well-Known Member MEMBER

    United States
    Jul 30, 2015
    Likes Received:
    +146 / -0
    Friday, April 24, 2015

    There are more than 2 million businesses in the United States that are owned by African Americans, but most are small operations with very few employees. However, there are many Black-owned businesses that employ hundreds or thousands of people, and generate annual revenues of $100 million or more - some even generate billions.

    Here are 5 of them that you probably never heard of:

    #1 - World Wide Technology Inc: Based in Maryland Heights, Missouri, this is a global IT company that serves the technology needs of large public and private organizations. Founded by David L. Steward, this company has long been the largest Black-owned business and has grown to more than $6.7 billion in annual revenue with more than 3,000 employees. Even more, they have more than 2 million square feet of warehousing, distribution and integration space. And yes, they are Black-owned!

    #2 - ACT-1 Group: Based in Torrance, California, this company provides staffing, human resources and management solutions to Fortune 500 companies in industries from entertainment to technology, and finance to biotech. Founded by Janice Bryant Howroyd, this company generates more than $2.2 billion a year! Not just Black-owned, also woman-owned!

    Read more: