25 Incredible Black-Owned Businesses To Support In Atlanta (2023)

FAQs

How many Black-owned businesses are in Atlanta Georgia? ›

Business. The first black-owned office building in Atlanta was the Rucker Building (see above) at the corner of Auburn and Piedmont, constructed in 1904 by businessman and politician Henry A. Rucker.

RLJ Lodging Trust, one of the largest publicly owned Black businesses, reported total assets of $5.92 billion in June 2020.

With an 92 percent African American population, South Fulton, Georgia is officially the Blackest City in America. The City of South Fulton was shaped by a race to cityhood that swept through the Atlanta metropolitan area in recent years.

Founded by entrepreneur John T. Ward in 1881, E.E. Ward Moving & Storage Co. is the oldest Black-owned business in the United States.

Mandy Bowman - Founder & CEO - Official Black Wall Street | LinkedIn.

The real-estate investment trust company RLJ Lodging Trust is one of the largest Black-owned public businesses in America, with assets of $5.92 billion as of June 2020. Other notable big businesses include World Wide Technology, a global tech consulting firm; Salamander Resort & Spa, which is owned by Sheila C.

Ward, E.E. Ward Moving & Storage Co. is reportedly the oldest African-American-owned business in the United States. John T. Ward was born in Virginia and came to Ohio in 1828.

Who's the first richest black man in America? ›

Jeremiah Hamilton. Jeremiah Hamilton (1806-1875), "Wall Street's first Black trader," made his fortune in New York in the 19th century.

Alonzo Herndon, a former slave born in 1858 in Social Circle, sought to better himself and ultimately became Atlanta's first African-American millionaire.

According to the latest data from the Census Bureau, there are over 3 million Black-owned businesses in the U.S., with 140,918 of those being Black-owned employer firms.

There are more than 2 million Black-owned businesses in the United States. According to the most recent available Census data, there are more than two million Black-owned businesses in America.

51% Black Owned means an Entity in which : Black People hold at least 51% of the exercisable voting rights as determined under indicator 2.1.1 of Code series 100 Black People hold at least 51% of the economic interest as determined under indicator 2.1.1 of Code series 100; and (c) Has earned all the points for Net ...

The most common ethnicity among business owners is White, which makes up 67.0% of all business owners.

In fact, according to BlackBusiness.com, New York state has the most (regardless of the gender of the owner) Black-owned businesses—-204,093—which is 10.6% of the businesses in the state, followed by Georgia, Florida, and Texas.

The Buckhead neighborhood is the richest and whitest part of Atlanta. For the last couple years, some residents there have been pushing for it to become its own separate city.

Upperclass Black Americans also reside in Eastern Atlanta in Dekalb County which is the second richest predominantly black county in the country.

Located in the heart of downtown Atlanta, is the teeming slum of Buttermilk Bottom. This unfrequented area of downtown Atlanta has witnessed virtually no improvement in the last 50 years. Over 16,000 people live in the Bottom on a median family income of below $2,500 a year.

What is the All Black bank in Atlanta? ›

Citizens Trust Bank is a Black-owned Bank in Atlanta, Georgia. The bank was founded in 1921 by Herman Perry and has been thriving since. Some pros of banking with Citizens trust include a variety of checking account options, low-interest rates, waivers for monthly fees, and more.

Citizens Trust Company became the first African-American owned bank in the United States to become a member of the Federal Deposit Insurance Corporation (FDIC).

Petersen Archive: C.R. Patterson & Sons - the First Black Owned Car Company.

Jones Bar-B-Q Diner is widely considered the oldest Black-owned restaurant in the country, with roots that date back to 1910. The story goes that the original owners marinated smoked meat in a bathtub before opening an eatery in a single-family home in 1964. That location is still open today!

In 1921, the Greenwood section of Tulsa contained 108 Black-owned businesses, including 41 grocery and meat markets, 30 restaurants, 11 boarding and rooming houses, nine billiard halls and five hotels.

Owner Fred Milani is an Iranian-born real estate developer who came to the United States in 1979, the year the shah left Iran. His replica of the White House has become a landmark, loved or reviled by those who live in the area.

Amazon's Black Business Accelerator (BBA) is dedicated to helping build sustainable growth for Black-owned businesses by explicitly targeting barriers to access, opportunity, and advancement.

What are 3 black-owned farms? ›

In 1991, BET became the first black-owned company to be traded on the New York Stock Exchange, according to CNN Money.

Patrice Motsepe, the founder and chairman of African Rainbow Minerals, became a billionaire in 2008 - the first black African on the Forbes list.

Lily Adeleye made history as the youngest Black CEO to have products on the shelves at Walmart when she landed her first deal in 2021 at just 6-years-old.

Aliko Dangote

Aliko Dangote is the richest black billionaire, with a net worth of $14 billion (11.5 in 2021). He is the founder of Dangote cement company, where he controls approximately 88% of the shares. Dangote has also amassed wealth from other investments in salt and sugar manufacturing companies.

Born in 19^th century rural Louisiana to former slaves, Sarah Breedlove rose to become the first female African-American self-made millionaire in the United States. Known as Madam C.J. Walker, she developed a line of beauty care products for black women.

Sarah Rector- the richest Black Girl in America in 1913 Everyday Black History: Afro Appreciation.

- Mojo was considered the first Atlanta rapper and it's delightful to see him 32 years later singing a bit of his hit 1982 single "Let Mojo Handle It." MC Shy D also talks about his early role in the germination of Atlanta hip hop in the late 1980s.

Who is the billionaire in Georgia? ›

You may also recognize filmmaker Tyler Perry and Chick-fil-A his Dan and Bubba Cathy, Trudy Cathy White and media mogul Ted Turner rounded out the top-10. Here are members Forbes list of 2022 billionaires with ties to Georgia: Bernard Marcus, Home Depot, $8.6 billion. Jim Kennedy, Cox Enterprises, $7.9 billion.

Charles Clinton Spaulding is known as the father of African-American management and has been recognized as one of the great American business leaders of the 20th century.

Updated Oct 14, 2022 . What changed? To be considered a Black-owned bank, a financial institution must serve minority communities and be at least 51% Black-owned, according to the Urban Institute. Today, there are 42 Black-owned banks in the US.

Black company (ブラック企業, burakku kigyō) is a term for a company that is harmful to their employees' welfare as they don't comply with the Japanese Labor Standards Act. The Labor Standards Act is the law for employment in Japan. It defines how companies should treat their employees, such as working hours and wages.

Black businesses are more likely to hire Black workers, so this disparity has ripple effects that impact broader community wealth and opportunity. Brookings Institute reports that bringing the number of Black-owned businesses to parity with white-owned businesses would result in 1.6 million more jobs.

Atlanta has long been known as a center of black wealth, higher education, political power and culture; a cradle of the Civil Rights Movement and the home of Martin Luther King Jr. It has often been called a "black mecca".

Several major national and international companies are headquartered in metro Atlanta, including seven Fortune 100 companies: The Coca-Cola Company, Home Depot, United Parcel Service, Delta Air Lines, AT&T Mobility, and Newell Rubbermaid.

What is the oldest black community in Atlanta? ›

After Atlanta's incorporation in 1847, the city in 1854 was divided into five wards, many of which had black settlements. The western First Ward included Jenningstown, originally a shantytown built atop Diamond Hill, with an all-black population apart from some white missionaries.

The Buckhead neighborhood is the richest and whitest part of Atlanta. For the last couple years, some residents there have been pushing for it to become its own separate city.

As of November 2022, trade and transportation, professional and business services, and education and health services were the biggest industries in Georgia.

Founded by entrepreneur John T. Ward in 1881, E.E. Ward Moving & Storage Co. is the oldest Black-owned business in the United States.

“You may have heard these referred to as 'ghost farms', as there aren't any cows on them – but that's not a real term,” it says. “It's actually that we've created an alternative use for this land, which enables us to grow crops, using water from our sites to provide the nutrients required for them to grow well.”

In Texas, there are more Black producers than in any other state in the country, totaling 11,741, according to the 2017 U.S. Census of Agriculture; that number makes up almost a quarter of all Black farmers nationwide.