What are the largest Black-owned businesses?

What are the largest Black-owned businesses?

RLJ Lodging Trust, one of the largest publicly owned Black businesses, reported total assets of $5.92 billion in June 2020.

What is the most popular black-owned business?

1. World Wide Technology. If we’re talking successful black-owned businesses, it makes sense to start with the IT behemoth World Wide Technology. With more than $10 billion in annual revenue and over 5,000 employees, WWT is one of the largest private companies in the U.S.

What is the largest black-owned business in the world?

World Wide Technology is the largest Black-owned business in the country. Global tech consulting firm World Wide Technology is the largest Black-owned business, posting revenues of more than $2 billion in 2016.

What corporations are owned by Black people?

For example, in 2020 Brother Vellies founder Aurora James launched the 15 Percent Pledge, a nonprofit that was one of the first to call on large retailers to stock 15 percent of their inventory from Black-owned businesses. Since then, places like Sephora, Nordstrom, Madewell, Macy’s, J.

Is Coca-Cola Black-Owned?

Coca-Cola Florida, one of the largest Black-owned businesses in the U.S. and the largest in Florida, has been selected as a 2022 U.S. Best Managed Company. Founded in 2015, Coca-Cola Florida is the third-largest privately held and sixth-largest minority-owned business in the state.

Is the owner of Lowes Black?

Today at 55, Ellison stands out as one of only three Black Fortune 500 CEOs, bringing with him 35 years of retail experience, including as the former CEO of J.C. Penney and various senior operations roles at rival Home Depot.