12+ Most Famous Black Business Owners With Incredible Stories!

Famous Black Business Owners

Success doesn’t come overnight. And for black people, it’s even harder. You know what I mean. Black people have always suffered an unnamed battle against society for ages. To see a black person succeed and achieve fame is something really appreciative and joyful feeling. Time is changing finally.

When we talk about big and famous businessmen, we often hear the names like Bill Gates, Steve Jobs, Mark Zuckerberg, and so on. But there are so many other names too that have an incredible entrepreneurial journey.

Here we bring to you the leading successful heroes who overcame all the barriers of being a black community member and living an inspirational life. Here is the list of Famous Black Business Owners who started their own business from scratch and are now running successful black businesses.

Most Successful Black Entrepreneurs And Business Owners

This list is totally unbiased. Our research team picked out some famous names from the most successful black entrepreneurs. 

And like they say “Success is not Final, Failure is not Fatal, it is the courage to continue that count.” All these personalities also failed multiple times but kept that never give up attitude and hence they are here today.

Have a look at their journeys:

1. Sean Johnson Combs

Sean Johnson Combs is a famous name in the African entertainment industry. He is also famous by the name Puff Daddy or P.Diddy. You must have heard about Bad Boy Entertainment, it’s a popular record label. Sean Johnson is the founder of that label.

Not just in the music and entertainment industries but Sean also major investments in the food and beverage industries.

Also, read Gymshark Success Story | Making Of A Billion Dollar Company!

2. Sheila Johnson

Robert Johnson and Sheila Johnson are the co-founders of the Black Entertainment Television channel, one of the most popular media empires. To your surprise, the Black Entertainment Television channel was the first ever TV channel to feature the lives and entertainment of black people only. 

Sheila Johnson is also the first African American Woman to have a $1 billion net worth. She also has invested in other venture capital companies like Salamander Hotels & Resorts.

3. Sarah Breedlove

Women are leading the industry no doubt. Sarah Breedlove is another name in the list of most famous black business owners. She is the first black woman who is a self-made millionaire in the history of America. 

Sarah Breedlove or Madam C.J Walker runs the business of hair and beauty products for black women which is a billion-dollar company today.

4. Michael Jordan

Who isn’t aware of the name Michael Jordon today? He is one of the most renowned basketball players. But what most people don’t know about him is that he is also a famous and successful entrepreneur for multiple businesses like Nike’s Air Jordon line.

From a very young age, he started working and built a big business. He is also a stakeholder in the basketball team Charlotte Hornets. Michael lives a luxurious life as he is also the world’s highest-paid athlete.

5. Jay-Z and Beyonce

We all are fans of this power couple’s musical Chemistry on stage but do you know that off stage they both run successful black enterprises under their own name? Their net worth is estimated to be $1.9 billion as of now. 

Beyonce owns a fitness and gym wear brand called Ivy Park, and Jay-Z owns various firms like Roc Nation Label, Tidal Streaming service, Roca Wear Apparel company and many other restaurants too.

Also, read Don Shane Cause Of Death – Was He Sick?

Other Unknown Successful Black Entrepreneurs

Famous Black Business Owners
CareerNet Worth
Daymond JohnAmerican businessman, television personality, and investor,$350 Million.
George ForemanAmerican former professional boxer, entrepreneur, minister and author$300 million
Oprah WinfreyAmerican talk show host, author, television producer, actress, and philanthropist250 crores USD
Chris GardnerAmerican businessman and motivational speaker$70 Million
Aliko DangoteNigerian business magnate, founder, chairman, and CEO of the Dangote Group. 1,400 crores USD
Janice Bryant Howroydentrepreneur, businesswoman, and author.$420 Million
Tyra BanksAmerican television personality, producer, actress, model, and writer.$90 million
Kenneth FrazierCEO of Merck & Co$151 Million
RihannaBarbadian singer, actress, and businesswoman140 crores USD

Also, read Kevin Zhang Entrepreneurship Journey – 23 Year Old Millionaire!

Frequently Asked Questions

Who is the most famous Black entrepreneur?

Oprah Winfrey is the first name when it comes to most successful and famous black female entrepreneurs. She became famous through her talk show, and now owns a media company named Harpo Inc.

Who are 3 famous Black entrepreneurs?

The 3 most famous black business person are:

  1. Michael Jordan.
  2. Oprah Winfrey.
  3. Daymond John.

Who is the youngest Black business owner?

Lily Frilly is the youngest black business owner. He is the CEO and Founder of Gains Walmart Distribution.

Who was the first Black millionaire?

Madam C.J. is the first black female millionaire.

Wrap up

Hope you had a great time reading these inspiring business stories of the black community. Success doesn’t count by age, gender, race or religion. If it’s in your heart to get it, you will surely achieve it.

If you have more names that should be part of the famous black business owners list, then do share them with us in the comments section below. Have a great day!

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