Black Enterprise
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''Black Enterprise'' is a black-owned multimedia company. Since the 1970s, its flagship product ''Black Enterprise'' magazine has covered
African-American businesses Black-owned businesses (or Black businesses), also known as African-American businesses, originated in the days of slavery before 1865. Emancipation and civil rights permitted businessmen to operate inside the American legal structure starting in ...
with a readership of 3.7 million. The company was founded in 1970 by
Earl G. Graves Sr. Earl Gilbert Graves Sr. (January 9, 1935 – April 6, 2020) was an American entrepreneur, publisher, businessman, philanthropist, and advocate of African-American businesses. A graduate of Morgan State University, he was the founder of ''Blac ...
It publishes in both print and on digital, an annual listing of the largest African-American companies in the country, or "B.E. 100s", first compiled and published in 1973. In 2002 the magazine launched a supplement targeting teens, ''Teenpreneur''. ''Black Enterprise'' also has two nationally syndicated television shows, ''Our World with Black Enterprise'' and ''Women of Power''.


History

The magazine was founded by
Earl G. Graves Sr. Earl Gilbert Graves Sr. (January 9, 1935 – April 6, 2020) was an American entrepreneur, publisher, businessman, philanthropist, and advocate of African-American businesses. A graduate of Morgan State University, he was the founder of ''Blac ...
In January 2006, he named his eldest son,
Earl G. Graves Jr. Earl Gilbert "Butch" Graves Jr. (born January 5, 1962) is an American businessman and retired basketball player. Born in Brooklyn, New York, he is a Scarsdale High School graduate. Background Graves, the son of Barbara Graves, and ''Black Enterpr ...
(known as "Butch"), the company's chief executive officer. Butch joined the company in 1988 after earning his M.B.A. from
Harvard University Harvard University is a private Ivy League research university in Cambridge, Massachusetts. Founded in 1636 as Harvard College and named for its first benefactor, the Puritan clergyman John Harvard, it is the oldest institution of higher le ...
; he received his bachelor's degree in economics from
Yale University Yale University is a private research university in New Haven, Connecticut. Established in 1701 as the Collegiate School, it is the third-oldest institution of higher education in the United States and among the most prestigious in the wo ...
in 1984. He also sits on the board of directors of AutoZone, serving as lead director and chairman of the compensation committee. ''Black Enterprise'' has been profitable since its 10th issue. The company, headquartered in New York City, has 58 employees and had revenues of $22 million in 2017.


Award

The magazine won the 1997 FOLIO: Editorial Excellence Award in the business/finance consumer magazine category.


See also

* Black capitalism *
List of magazines A ''list'' is any set of items in a row. List or lists may also refer to: People * List (surname) Organizations * List College, an undergraduate division of the Jewish Theological Seminary of America * SC Germania List, German rugby union ...


References


External links

* * ''Black Enterprise'
named one of the top 50 black owned websites
* Kevin Ross
"Breakfast Club Interviews Black Enterprise Magazine about Entreprneurship"
ic Blogwallet.com, October 13, 2014.
"Black Enterprise Magazine"
Interview with Earl G. Graves, Founder and Publisher of Black Enterprise, from
KUT Kūt ( ar, ٱلْكُوت, al-Kūt), officially Al-Kut, also spelled Kutulamare or Kut al-Imara, is a city in eastern Iraq, on the left bank of the Tigris River, about south east of Baghdad. the estimated population is about 389,400 people. It ...
's
In Black America Produced at KUT, ''In Black America'' is a long-running, nationally syndicated program dedicated to all facets of the African American experience. John L Hanson Jr. profiles a diverse selection of current and historically significant figures wh ...
series on the
American Archive of Public Broadcasting The American Archive of Public Broadcasting (AAPB) is a collaboration between the Library of Congress and WGBH Educational Foundation, founded through the efforts of the Corporation for Public Broadcasting. The AAPB is a national effort to digital ...
, August 1, 1984 1970 establishments in New York (state) African-American magazines Business magazines published in the United States Bimonthly magazines published in the United States Magazines published in New York City Magazines established in 1970 Magazine publishing companies of the United States Black economic empowerment Black-owned companies of the United States {{business-mag-stub