America has long been a melting pot of different cultures, ethnicities, religions, and creeds. And with African-Americans historically being underrepresented in centers of power due to years of oppression, a celebration of African-American business people is warranted. One of the most diverse groups in terms of methods of accruing wealth, here you'll find the ten most successful African-American CEOs of all time.
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With her aptly acronymed television network, Oprah, in a word, OWNs. America's most beloved talk-show host, book club president, actress, producer, magazine owner, satellite radio station owner, philanthropist, lifestyle guru, and single-handed president picker, Oprah was raised being taunted for having to wear potato-sack dresses because of her poverty. Now, if she sneezes, the market moves. Not only the best businesswoman and alpha-female in the entire world, Oprah revolutionizes every industry that she touches, including politics — her unwavering support of President Obama absolutely helped to influence his 2008 election. People everywhere know her truth: if Oprah likes it, it's good.
How much does Oprah Winfrey make?
Media mogul Oprah Winfrey just became one of the 500 richest people in the world. Since January 1, her net worth has grown by over $420 million and now totals $4.02 billion, according to the Bloomberg Billionaires Index.Jun 21, 2018 more
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Here's something good to come out of Penn State: Kenneth Frazier, CEO of Merck & Co., Inc. He's the first African-American CEO of a pharmaceutical company, and only the second lawyer to become a CEO of big pharma. A champion of innovation and an all-around good guy, Frazier is also a successful pro bono lawyer, and the man responsible for the release of a wrongly accused Alabama man from death row. While at Penn State, he worked in a local aquarium, selling newts and tadpoles; now he's in charge of one of the distributors of birth control and tetanus shots. All in all, not a bad move.
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Women have it hard. African-American women have it harder. African-American businesswomen have it triple tough, and that's just the truth. A first-generation American citizen and raised in the housing projects of New York City, Ursula Burns defied many odds and, as of 2009, is the CEO of paper and copy giant Xerox. Ranked as the 14th most powerful woman in the world, Ursula Burns is no stranger to back-breaking work as a means of rising through the ranks — she began her tenure with Xerox as a summer intern in 1980. Contrasting fearlessness with recklessness, she is passionately focused on growth for the company. more
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