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How on earth can a slave become a millionaire? The Story of Alonzo Herndon is a true, inspiring story about a boy who was born into slavery and worked very hard to become very successful. He even became a millionaire! Alonzo's story of determination and hard work will inspire both children and adults. Alonzo Herndon's success is greatly admired, but many overlook how he overcame such harsh conditions to achieve his success. He was an entrepreneur even in his early years when he sold peanuts. He later attained wealth from barbering, real estate and insurance. Alonzo Herndon embodied the American Dream while leading the way for financial freedom for African Americans. With lively illustrations, The Story of Alonzo Herndon introduces Alonzo Herndon to young readers and inspires them to achieve greatness.
A fascinating study of one of the Georgia's most important black families retraces the steps of a former slave who became an extremely wealthy man within the four decades of being freed from bondage.
The most successful business leaders always have their own compelling philosophies, but all too often the thoughts and ideologies of high-profile African American leaders are forgotten or passed over. This exciting new study reflects on some of the leading black business pioneers of the late 19th and early 20th century.
They advocated economic independence from whites and founded insurance companies that became some of the largest black-owned corporations.--L. Diane Barnes "Alabama Review"
“By telling the little-known stories of six pioneering African American entrepreneurs, Black Fortunes makes a worthy contribution to black history, to business history, and to American history.”—Margot Lee Shetterly, New York Times Bestselling author of Hidden Figures Between the years of 1830 and 1927, as the last generation of blacks born into slavery was reaching maturity, a small group of industrious, tenacious, and daring men and women broke new ground to attain the highest levels of financial success. Mary Ellen Pleasant, used her Gold Rush wealth to further the cause of abolitionist John Brown. Robert Reed Church, became the largest landowner in Tennessee. Hannah Elias, the mistress of a New York City millionaire, used the land her lover gave her to build an empire in Harlem. Orphan and self-taught chemist Annie Turnbo-Malone, developed the first national brand of hair care products. Mississippi school teacher O. W. Gurley, developed a piece of Tulsa, Oklahoma, into a “town” for wealthy black professionals and craftsmen that would become known as “the Black Wall Street.” Although Madam C. J Walker was given the title of America’s first female black millionaire, she was not. She was the first, however, to flaunt and openly claim her wealth—a dangerous and revolutionary act. Nearly all the unforgettable personalities in this amazing collection were often attacked, demonized, or swindled out of their wealth. Black Fortunes illuminates as never before the birth of the black business titan.
Depicts the inspiring efforts of black Americans to build and sustain economic organizations and enterprises The story of Atlanta Life Insurance Company, with its humble beginning as a small mutual aid association, depicts the inspiring efforts of black Americans to build and sustain economic organizations and enterprises. Its study also fits in to the mosaic of activities, extending back to the pre-Civil War era, that were aimed at developing an economic base within the black community. These efforts gained new meaning in the post-Reconstruction period as blacks strove to survive in an America that was increasingly characterized by rampant racism and a host of economic and social restrictions based on race. In this environment, a significant number of black leaders urged business development and the amassing of wealth among black Americans as the primary means by which the race could end its disadvantage in American society and achieve respect and citizenship. In Atlanta, shortly after the turn of the century, Alonzo Franklin Herndon, a former slave, joined a long line of promoters of black enterprise by creating Atlanta Life Insurance Company. More than three-quarters of a century later, it is an important enterprise that is the nation's largest black-controlled shareholder insurance company. With more than $108.7 million in assets, the firm is today a significant example of the efforts of black Americans to achieve economic dignity in America. Henderson focuses on the historic roots of Atlanta Life, its economic growth and development as a black-owned institution, and its social and economic involvement with the problems and progress of black America. Depicting circumstances that varied from race riots and hostility to investigations by stave regulatory boards to depression to efforts at acquiring special Congressional legislation protecting stock ownership, Henderson relates important details of the Atlanta Life story and its identity with the society it served.
Now a TV series on FOX starring Morris Chestnut, Yaya DaCosta, Nadine Ellis, and Joe Morton. "Fascinating. . . . [Graham] has made a major contribution both to African-American studies and the larger American picture." —New York Times Debutante cotillions. Million-dollar homes. Summers in Martha's Vineyard. Membership in the Links, Jack & Jill, Deltas, Boule, and AKAs. An obsession with the right schools, families, social clubs, and skin complexion. This is the world of the black upper class and the focus of the first book written about the black elite by a member of this hard-to-penetrate group. Author and TV commentator Lawrence Otis Graham, one of the nation's most prominent spokesmen on race and class, spent six years interviewing the wealthiest black families in America. He includes historical photos of a people that made their first millions in the 1870s. Graham tells who's in and who's not in the group today with separate chapters on the elite in New York, Los Angeles, Washington, Chicago, Detroit, Memphis, Atlanta, Philadelphia, Nashville, and New Orleans. A new Introduction explains the controversy that the book elicited from both the black and white communities.
The bestselling author delves into his past and discovers the inspiring story of his grandmother’s extraordinary life She was black and a woman and a prosecutor, a graduate of Smith College and the granddaughter of slaves, as dazzlingly unlikely a combination as one could imagine in New York of the 1930s—and without the strategy she devised, Lucky Luciano, the most powerful Mafia boss in history, would never have been convicted. When special prosecutor Thomas E. Dewey selected twenty lawyers to help him clean up the city’s underworld, she was the only member of his team who was not a white male. Eunice Hunton Carter, Stephen Carter’s grandmother, was raised in a world of stultifying expectations about race and gender, yet by the 1940s, her professional and political successes had made her one of the most famous black women in America. But her triumphs were shadowed by prejudice and tragedy. Greatly complicating her rise was her difficult relationship with her younger brother, Alphaeus, an avowed Communist who—together with his friend Dashiell Hammett—would go to prison during the McCarthy era. Yet she remained unbowed. Moving, haunting, and as fast-paced as a novel, Invisible tells the true story of a woman who often found her path blocked by the social and political expectations of her time. But Eunice Carter never accepted defeat, and thanks to her grandson’s remarkable book, her long forgotten story is once again visible.
In a largely previously untold story, from 1865 to 1950, black litigants throughout the South took on white southerners in civil suits. Drawing on almost a thousand cases, Milewski shows how African Americans negotiated the southern legal system and won suits against whites after the Civil War and before the Civil Rights struggle.