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Black Fortunes

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Release : 2018-01-30
Genre : History
Kind : eBook
Book Rating : 542/5 ( reviews)

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Book Synopsis Black Fortunes by : Shomari Wills

Download or read book Black Fortunes written by Shomari Wills. This book was released on 2018-01-30. Available in PDF, EPUB and Kindle. Book excerpt: “By telling the little-known stories of six pioneering African American entrepreneurs, Black Fortunes makes a worthy contribution to black history, to business history, and to American history.”—Margot Lee Shetterly, New York Times Bestselling author of Hidden Figures Between the years of 1830 and 1927, as the last generation of blacks born into slavery was reaching maturity, a small group of industrious, tenacious, and daring men and women broke new ground to attain the highest levels of financial success. Mary Ellen Pleasant, used her Gold Rush wealth to further the cause of abolitionist John Brown. Robert Reed Church, became the largest landowner in Tennessee. Hannah Elias, the mistress of a New York City millionaire, used the land her lover gave her to build an empire in Harlem. Orphan and self-taught chemist Annie Turnbo-Malone, developed the first national brand of hair care products. Mississippi school teacher O. W. Gurley, developed a piece of Tulsa, Oklahoma, into a “town” for wealthy black professionals and craftsmen that would become known as “the Black Wall Street.” Although Madam C. J Walker was given the title of America’s first female black millionaire, she was not. She was the first, however, to flaunt and openly claim her wealth—a dangerous and revolutionary act. Nearly all the unforgettable personalities in this amazing collection were often attacked, demonized, or swindled out of their wealth. Black Fortunes illuminates as never before the birth of the black business titan.

Black Titan

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Release : 2009-04-02
Genre : Biography & Autobiography
Kind : eBook
Book Rating : 544/5 ( reviews)

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Book Synopsis Black Titan by : Carol Jenkins

Download or read book Black Titan written by Carol Jenkins. This book was released on 2009-04-02. Available in PDF, EPUB and Kindle. Book excerpt: The grandson of slaves, born into poverty in 1892 in the Deep South, A. G. Gaston died more than a century later with a fortune worth well over $130 million and a business empire spanning communications, real estate, and insurance. Gaston was, by any measure, a heroic figure whose wealth and influence bore comparison to J. P. Morgan and Andrew Carnegie. Here, for the first time, is the story of the life of this extraordinary pioneer, told by his niece and grandniece, the award-winning television journalist Carol Jenkins and her daughter Elizabeth Gardner Hines. Born at a time when the bitter legacy of slavery and Reconstruction still poisoned the lives of black Americans, Gaston was determined to make a difference for himself and his people. His first job, after serving in the celebrated all-black regiment during World War I, bound him to the near-slavery of an Alabama coal mine—but even here Gaston saw not only hope but opportunity. He launched a business selling lunches to fellow miners, soon established a rudimentary bank—and from then on there was no stopping him. A kind of black Horatio Alger, Gaston let a single, powerful question be his guide: What do our people need now? His success flowed from an uncanny genius for knowing the answer. Combining rich family lore with a deep knowledge of American social and economic history, Carol Jenkins and Elizabeth Hines unfold Gaston’s success story against the backdrop of a century of crushing racial hatred and bigotry. Gaston not only survived the hardships of being black during the Depression, he flourished, and by the 1950s he was ruling a Birmingham-based business empire. When the movement for civil rights swept through the South in the late 1950s and early 1960s, Gaston provided critical financial support to many activists. At the time of his death in 1996, A. G. Gaston was one of the wealthiest black men in America, if not the wealthiest. But his legacy extended far beyond the monetary. He was a man who had proved it was possible to overcome staggering odds and make a place for himself as a leader, a captain of industry, and a far-sighted philanthropist. Writing with grace and power, Jenkins and Hines bring their distinguished ancestor fully to life in the pages of this book. Black Titan is the story of a man who created his own future—and in the process, blazed a future for all black businesspeople in America.

The Wealth Choice

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Release : 2013-02-19
Genre : Business & Economics
Kind : eBook
Book Rating : 139/5 ( reviews)

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Book Synopsis The Wealth Choice by : Dennis Kimbro

Download or read book The Wealth Choice written by Dennis Kimbro. This book was released on 2013-02-19. Available in PDF, EPUB and Kindle. Book excerpt: It's no secret that these hard times have been even harder for the Black community. Approximately 35 percent of African Americans had no measurable assets in 2009, and 24 percent of these same households had only a motor vehicle. Dennis Kimbro, observing how the weight of the continuing housing and credit crises disproportionately impacts the African-American community, takes a sharp look at a carefully cultivated group of individuals who've scaled the heights of success and how others can emulate them. Based on a seven year study of 1,000 of the wealthiest African Americans, The Wealth Choice offers a trove of sound and surprising advice about climbing the economic ladder, even when the odds seem stacked against you. Readers will learn about how business leaders, entrepreneurs, and celebrities like Bob Johnson, Spike Lee, L. A. Reid, Herman Cain, T. D. Jakes and Tyrese Gibson found their paths to wealth; what they did or didn't learn about money early on; what they had to sacrifice to get to the top; and the role of discipline in managing their success. Through these stories, which include men and women at every stage of life and in every industry, Dennis Kimbro shows readers how to: · Develop a wealth-generating mindset and habits · Commit to lifelong learning · Craft goals that match your passion · Make short-term sacrifices for long-term gain · Take calculated risks when opportunity presents itself

Prince of Darkness

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Release : 2015-10-13
Genre : Biography & Autobiography
Kind : eBook
Book Rating : 716/5 ( reviews)

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Book Synopsis Prince of Darkness by : Shane White

Download or read book Prince of Darkness written by Shane White. This book was released on 2015-10-13. Available in PDF, EPUB and Kindle. Book excerpt: In the middle decades of the nineteenth century Jeremiah G. Hamilton was a well-known figure on Wall Street. Cornelius Vanderbilt, America's first tycoon, came to respect, grudgingly, his one-time opponent. The day after Vanderbilt's death on January 4, 1877, an almost full-page obituary on the front of the National Republican acknowledged that, in the context of his Wall Street share transactions, "There was only one man who ever fought the Commodore to the end, and that was Jeremiah Hamilton." What Vanderbilt's obituary failed to mention, perhaps as contemporaries already knew it well, was that Hamilton was African American. Hamilton, although his origins were lowly, possibly slave, was reportedly the richest colored man in the United States, possessing a fortune of $2 million, or in excess of two hundred and $50 million in today's currency. In Prince of Darkness, a groundbreaking and vivid account, eminent historian Shane White reveals the larger than life story of a man who defied every convention of his time. He wheeled and dealed in the lily white business world, he married a white woman, he bought a mansion in rural New Jersey, he owned railroad stock on trains he was not legally allowed to ride, and generally set his white contemporaries teeth on edge when he wasn't just plain outsmarting them. An important contribution to American history, Hamilton's life offers a way into considering, from the unusual perspective of a black man, subjects that are usually seen as being quintessentially white, totally segregated from the African American past.

Madam C. J. Walker

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Release : 2021-01-29
Genre : History
Kind : eBook
Book Rating : 394/5 ( reviews)

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Book Synopsis Madam C. J. Walker by : Erica L. Ball

Download or read book Madam C. J. Walker written by Erica L. Ball. This book was released on 2021-01-29. Available in PDF, EPUB and Kindle. Book excerpt: "[An] exhaustively detailed account of the life of Madam C.J. Walker." Booklist, Starred Review Madam C. J. Walker—reputed to be America’s first self-made woman millionaire—has long been celebrated for her rags-to-riches story. Born to former slaves in the Louisiana Delta in the aftermath of the Civil War, married at fourteen, and widowed at twenty, Walker spent the first decades of her life as a laundress, laboring in conditions that paralleled the lives of countless poor and working-class African American women. By the time of her death in 1919, however, Walker had refashioned herself into one of the most famous African American figures in the nation: the owner and president of a hair-care empire and a philanthropist wealthy enough to own a country estate near the Rockefellers in the prestigious New York town of Irvington-on-Hudson. In this biography, Erica Ball places this remarkable and largely forgotten life story in the context of Walker’s times. Ball analyzes Walker’s remarkable acts of self-fashioning, and explores the ways that Walker (and the Walker brand) enabled a new generation of African Americans to bridge the gap between a nineteenth-century agrarian past and a twentieth-century future as urban-dwelling consumers.

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