Black Enterprise (stylized in all caps) is an American multimedia company. A Black-owned business since the 1970s, its flagship product Black Enterprise magazine has covered African American businesses with a readership of 3.7 million. The company was founded in 1970 by Earl G. Graves Sr. It publishes in print and digital, an annual listing of the largest African-American companies in the country, or "B.E. 100s", first compiled and published in 1973.Alfred Edmond, Jr, "Black Enterprise Publishes Rankings Of Nation’s Largest Black-Owned Businesses" , Black Enterprise, June 30, 2014.Caryn Freeman, "Black Enterprise celebrates 40 years of listing America's largest black companies" , The Grio, May 25, 2012. In 2002, the magazine launched a supplement targeting teens, Teenpreneur. Black Enterprise also has two nationally syndicated television shows, Our World with Black Enterprise and Women of Power.
History The magazine was founded by Earl G. Graves Sr. In January 2006, he named his eldest son, Earl G. Graves Jr. (known as "Butch"), the company's chief executive officer."Company Overview of Earl G. Graves Ltd", Bloomberg. Butch joined the company in 1988 after earning his M.B.A. from Harvard University; he received his bachelor's degree in economics from Yale University in 1984. He also sits on the board of directors of AutoZone, serving as lead director and chairman of the compensation committee.
Black Enterprise has been profitable since its 10th issue. The company, headquartered in New York City, has 58 employees and had revenues of $22 million in 2017.
Award Black Enterprise won the 1997 FOLIO: Editorial Excellence Award in the business/finance consumer magazine category.
See also Black capitalism List of magazines
References
External links
Black Enterprise named one of the top 50 black owned websites Kevin Ross, "Breakfast Club Interviews Black Enterprise Magazine about Entreprneurship" [sic], Blogwallet.com, October 13, 2014. "Black Enterprise Magazine" Interview with Earl G. Graves, Founder and Publisher of Black Enterprise, from KUT's In Black America series on the American Archive of Public Broadcasting, August 1, 1984.