Explore

America’s Biggest Black-Owned Businesses in 2019

By Danielle Dorsey

Share

Black Enterprise has released their annual report of the most successful Black-owned businesses in 2019. The list encompasses everything from technology and manufacturing to food services and media, highlighting innovative companies that represent the revenue and employment leaders of Black business. The 100 businesses listed have demonstrated economic influence by producing more than $25 billion in revenues and employing more than 70,000 people.  BE’s also compiled lists of the 40 Black-owned auto dealerships across the country as well as financial services companies that range from Black-owned banks to asset managers and private equity firms.

BE has been releasing these lists for more than 45 years, providing the most comprehensive information on the state of Black-owned businesses across industrial, automotive, and financial sectors. To ensure accuracy, the BE research team collected surveys from hundreds of companies as well as information from government agencies, industry associations, entrepreneurs, and corporations. The information includes total revenues for the 2018 calendar year, detailed descriptions of business activities, historical ownership data, and substantiation that the business is at least 51 percent Black-owned or that Black people own at least 51 percent of the controlling shares in the case of publicly traded entities.

Crowning the top 100 list is World Wide Technology, Inc., which boasts annual revenues of over $11 billion and over 7,000 employees. Well-known corporations on the list include a family-owned, independent Coca-Cola bottler in Florida and Salamander Hotels & Resorts, which brought in $1.3 billion and $212 million in revenue in 2018, respectively. The nation’s oldest Black-owned, female-run construction company McKissack & McKissack makes the list at number 64 with $50 million of reported revenues in 2018. Black Enterprise even made its own list, coming in at number 89 with $15 million in revenue. 

Visit the BE Top 100 list here. You can see the website’s top 40 auto companies here and the top financial service companies here

Share
Travel Noire

Danielle Dorsey

Want more?

Get exclusive, unpublished tips from Travel Noire's CEO to help you get off the beaten path, into the hearts of locals and onto a better, more cultured life.

Book This Black-Owned Clothing Company’s Mansion For Your Next Group Trip

Book This Black-Owned Clothing Company’s Mansion For Your Next Group Trip

If you’ve ever heard of the God Is Dope brand, then you know that they are one of the fastest-growing Black-owned clothing lines around. From t-shirts to home apparel, the creators are showing that loving God can be a “dope” thing. In the last year, the company introduced its own tricked out mansion. Located in […]

DeAnna Taylor

Get Fit And In Shape At One Of These 24 Black-Owned Gyms And Fitness Centers

Get Fit And In Shape At One Of These 24 Black-Owned Gyms And Fitness Centers

Summer bodies are made in the winter, which means now is a perfect time to find a personal trainer, book a cycling class, or join a gym. Whether you’re into high-intensity CrossFit sessions, Eygpytian-inspired yoga, or high-energy cardio dance routines to your trap and hip-hop artists, get a head start on your fitness journey by […]

Rachel George

How to Spend A Day in Black-Owned San Antonio, TX

How to Spend A Day in Black-Owned San Antonio, TX

Last year, San Antonio held its first-ever black restaurant week showcasing the city’s diverse food scene. Attendees experienced delicious bites of chicken, BBQ, authentic soul food, and other Texas treats. Head organizer Ryane Smith believes the best way to learn about a culture is through food.  With BRWSA, she hoped to support and highlight all […]

Rachel George