5 Black-Owned Companies You’ve Never Heard Of That Make $500 Million Or More A Year
By: Editorial Staff (August 18, 2015) AFRICANGLOBE – There are more than 2 million businesses in the United States that are owned by African Americans, but most are small operations with very few employees. However, there are many Black-owned businesses that employ hundreds or thousands of people, and generate annual revenues of $100 million or more – some even generate billions. Here are 5 of them that you probably never heard of: #1 – World Wide Technology Inc : Based in Maryland Heights, Missouri, this is a global IT company that serves the technology needs of large public and private organizations. Founded by David L. Steward, this company has long been the largest Black-owned business and has grown to more than $6.7 billion in annual revenue with more than 3,000 employees. Even more, they have more than 2 million square feet of warehousing, distribution and integration space. And yes, they are Black-owned! #2 – ACT-1 Group : Based in Torrance, California, this comp