The top African American Entrepreneurs, Hispanics in Business, and Minority
Business Briefs.
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News Briefs on African American Entrepreneurs, Hispanics and Minority
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After
Reading this Section please read Kamau's Business Blog to find the latest
Black business, Hispanic commerce, Minority business news. This Blog is
the first Black Business Blog on Black
- Hispanic - and minority business
On Page
1:
Oprah
Winfrey Becomes the Second Black Woman Billionaire, and the Richest Blacks
and Hispanics.
OneUnited
Bank becomes Nation's Largest Black owned Bank.
Richest
Blacks - Hispanics - and Women are Top African American Entrepreneurs
or Hispanics and Minorities in Business!
First
Black Woman Billionaire is Sheila Crump Johnson, former wife of BET's
Bob Johnson, while Oprah Winfrey becomes the first Totally Self made
Black Woman Billionaire!
Oprah
Winfrey makes history as the first self made Black Women Billionaire.
The first African American woman to become a billionaire is Bob Johnson's
(the founder of BET) former wife Sheila Crump Johnson. While Oprah also
ranks third among Women's Money Magazine annual survey of the "25
Richest Women with Self-Made Fortunes" with $1 billion. Oprah was
named the female mogul of the year. To Read More about Oprah Winfrey
the Entrepreneur click here
Other
Wealthy Women are: Sheila Crump Johnson 1.5 Billion BET; Doris Fisher
$1.4 billion Gap Inc.; Marian Illitch $1.3 billion Lil Caesar's Pizza
Inc.; Oprah Winfrey $1.0 billion Harpo Productions Inc.; Meg Whitman
$800 million E-Bay Inc.; Marcey Carsey $610 million Carsey-Werner Marion
Sandler and $550 million Golden West Financial. Martha Stewart's fortune
is $410 million.
Among
the famous celebrities and athletes on this year's Black Fortune 100,
were Michael Jordan ($500 million), Tiger Woods ($330 million), Percy
'Master P' Miller ($420 million), Sean 'P.Diddy' Combs ($450 million)
and Sean (Jay-Z) Carter ($130 million). However, they were far below
Robert Johnson ($1.5 billion).
Notable
additions to the list include Venus and Serena Williams, the estate
of Tupac Shakur, Richard Parsons, and Kenneth Chenault.
Household
celebrities and business moguls, Alex Rodriguez ($180 million), Jennifer
Lopez ($105 million), and Tony Sanchez, are on this year's Latino Money
Magazine's 'Richest 50'. The wealthiest Hispanic individual is Alberto
Vilar ($900 million).
Top African American Entrepreneurs
The
top five Wealthest Blacks are as follows:
1. Robert Johnson (BET founder) $1.5 billion, and his former wife Sheila
Crump Johnson, also worth 1.5 Billion dollars, who is also quite a business
woman in her own right.
2.
Oprah Winfrey (Harpo Productions) $1 billion
3.
John Johnson (Publishing) $600 million
4.
Bill Cosby (Television) $540 million
5.
Bruce Llewelyn (Coke-Cola Distributor) $530 million
Top
Hispanic Entrepreneurs
The
top five Wealthest Hispanics are as follows:
1.
Gouizeta Family (Late CEO of Coke Inc.) $1.0 billion
2.
Alberto Vilar (Amerindo) $900 million
3.
Unanue family (Goya Foods) $750 million
4.
Tony Sanchez and family (Diversified Holdings)
$475 million
5.
Raul Alarcon and family (SBC Inc.) $410 million
This
research and article are the courtesy of Niche Labs. Their own investment
analysts compiled the list over 10 months. Sources include SEC documents,
court documents, news clippings, real estate deeds, and conversations
with investment analysts. The issues are now available to subscribers
and on newsstands in April.
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OneUnited Bank becomes Nation's
Largest Black-owned Bank
OneUnited
Bank announced the closing of its merger with Family Savings Bank, a
leading Los Angeles based minority controlled financial institution,
creating the largest Black-owned bank in the country. This historic
merger was approved by the FDIC, the Commissioner of Banks of the Commonwealth
of Massachusetts, the Office of Thrift Supervision, the State of California
and the U.S. Department of Justice. The newly combined entity which
comprises Boston Bank of Commerce, Peoples Bank of Commerce in Miami,
Founders Bank of Commerce in Los Angeles with Family Savings Bank, reached
$500 million in assets under its new name, OneUnited Bank.
With
added resources, OneUnited Bank has expanded its leadership in serving
urban communities by launching the OneUnited Bank Membership Program,
an innovative new deposit offering providing customers expanded access
to affordable banking. With the addition of Family Savings Bank, OneUnited
Bank has expanded its Los Angeles branch network and increased its lending
capabilities. Family Savings Bank brings a powerful lending engine that
had recently exceeded its capital capacity resulting in a loan to deposit
ratio last year of over 100 percent.
Family's loan products and services coupled with OneUnited Bank's higher
lending limit will enable the combined entity to expand its community
lending in Los Angeles, Boston and Miami. By combining four banks over
the past four years, OneUnited Bank has achieved the critical size and
scale necessary to expand access to financial services to urban communities.
For
more information
contact: Marie McGehee, 617/558-6850 or send email to: mmcgehee@causemedia.com.
After
Reading this Section please read Kamau's Business Blog to find the latest
Black business, Hispanic commerce, Minority business news. This Blog
is the first Black Business Blog on
Black - Hispanic - and minority business.
Find Out the latest News on
Black Entrepreneurs, Hispanics in Business and Minority Business,
Click Here
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