The 11 most successful African American businesses today should be an inspiration to everyone. However, this list aims to show you another way in which stereotypes are invalid and how people of african descent in the USA are still making their contribution towards the country’s economy. Some of you might think to yourselves that people who are bigoted and ignorant enough to dismiss a whole race of human beings based on things which happened centuries ago are a rarity, but reality shows otherwise. In today’s world, Afro-Americans are averagely as successful as any of their white counterparts and some of them own businesses of considerable size and merit, which should not go unnoticed. If you want a place in this list at its next revision, you could start off today with something as little as online retail. Take a look at our list of the 5 most profitable businesses you can start today and become a part of the dynamic, opportunity-rich world of modern business.
In this list you will see the eleven biggest black-owned business as estimated by a research made last year. A lot of them don’t forget their roots as they make an effort to aid people from all minorities with finding work and working in an environment with equal rights and no prejudice. Let’s take a look at them.
11. Fair Oaks Farms L.L.C.
Type of business: Food Services
Fair Oaks Farms L.L.C is a supplier of natural meat products and certain other specialty produce for some of the best restaurants all around the USA. However, they also have the capability to ship out their products all around the world.
10. SET Enterprises Inc
Type of business: Metal Processing
SET Enterprises Inc takes the tenth place with its twenty-six years of operation on US territory. The company mainly deals with processing raw metal and turning it into products that are usable for many manufacturing industries.
9. Radio One Inc
Type of business: Radio Broadcasting
Our tenth contender, Radio One Inc is a radio broadcasting company which owns over fifty stations in territories across the USA. The company dubs itself “The Urban Media Specialist” which might as well be true, considering the company’s size and profits.
8. Thompson Hospitality
Type of business: Facilities Management and Restaurants
Introducing itself as a “minority-owned” company, Thompson Hospitality is the biggest food business of its kind and one of the biggest in the USA. Thompson Hospitality employs over four thousand people and has been in operation for over twenty years.
7. Global Automotive Alliance L.L.C.
Type of business: Automotive Parts Supplier
Founded in 2001, the Global Automotive Alliance was originally organized by six members who got together and started an alliance that now operates in over fifteen countries worldwide.
6. The Anderson-DuBose Cos.
Type of business: Food and Paper Products Distribution
With their motto being “Delivering with pride – one case at a time”, the Anderson-DuBose Company now delivers to over five hundred McDonald’s and Chipotle restaurants across the United States. However, they also work with many other major food chains and brands.
5. Manna Inc
Type of business: Restaurants
The fifth spot on the list of the 11 most successful African American businesses today goes to Manna Inc of Louisville (not to be confused with the one in Perth, Australia) which operates hundreds of fast food restaurants nationwide.
4. Modular Assembly Innovations L.L.C
Type of business: Automotive Parts Manufacturing
This automotive parts manufacturer and assembler had its humble beginnings in the year of 2005 when it was a small modular assembly company which then went on a long road of joining forces and acquiring assets to become what it is today.
3. Bridgewater Interiors L.L.C
Type of business: Automotive Parts Supplier
Another automotive parts supplier on the list, Bridgewater Interiors L.L.C deals with the manufacturing and design of automotive interior solutions such as consoles, seats, overhead systems and much more.
2. ACT-1 Group
Type of business: Staffing Services
ACT-1 Group is a group of companies which has provided staffing and staff logistics services to a wide array of Fortune 500 companies in an as wide array of professional areas for over twenty-five years.
1. World Wide Technology Inc
Type of business: IT Products/Services
World Wide Technology Inc takes the first place in the list of the 11 most successful African American businesses today. Founded back at the beginning of the 1990’s, WWT is not only the largest African American-owned business but also one of the biggest on a global scale.