''Black Enterprise'' is a black-owned multimedia company. Since the 1970s, its flagship product ''Black Enterprise'' magazine has covered
African-American businesses with a readership of 3.7 million. The company was founded in 1970 by
Earl G. Graves Sr. 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. In January 2006, he named his eldest son,
Earl G. Graves Jr. (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 highe ...
; 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 w ...
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
Black capitalism is a political movement among African Americans, seeking to build wealth through the ownership and development of businesses. Black capitalism has traditionally focused on African-American businesses, although some critics and ...
*
List of magazines
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's
In Black America series on the
American Archive of Public Broadcasting, 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
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