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U.S.
Secretary of State Colin Powell has enjoyed the highest rating as a
U.S. Presidential
candidate in the past two presidential
elections and is now the most influential among African Americans, according
to a recent poll. President Bush’s National Security Advisor, Condoleezza
Rice, has been listed by Forbes Magazine as the most powerful woman in
the world. These highly visible African Americans are among many prominent
African Americans who are today considered the “Who’s Who
in Black America.”
And “Who’s Where?” Atlanta,
Georgia has been rated by Black Enterprise Magazine to be the best
city for African Americans
to live, work and play. Considering income earnings, cost of living,
housing prices and entrepreneurial opportunities, Atlanta was followed
by Washington, DC, Dallas, Nashville and Houston. Of the top ten cities,
seven out of 10 are below the Mason-Dixon Line, five have Black Mayors
and all ten have Black populations of at least 25%. Also, BlackMoney.com
of San Francisco teamed with BlackCommerceMall.com of Oakland, CA to
issue a national study, Loaded Dice, rating Virginia and Maryland as
the best states for African American businesses.
Worldwide
Technology Inc., Maryland Heights, MD, is America’s largest
Black industrial company at $1.16 billion in 2003 revenues. Prestige
Automotive, Detroit, MI, is the largest Black auto dealer with revenues
of $766 million. Global Hue, Southfield, MI leads the Black Advertising
Agencies with $325 million in revenues, followed by Carol H. Williams
Advertising, Oakland, CA at $300 million. The largest Black bank
in the U.S. is Carver Federal Savings Bank, New York, NY.
Family
Digest has 2.6 million African American readers. The Digest lists the
seven best companies for African Americans to work for
as Cigna,
Cingular Wireless, Denny’s Restaurants, Morgan Stanley, New Y
ork
Life Insurance, Proctor & Gamble and Washington Mutual. Although
African Americans occupy just 388 of 11,500 Fortune 1000 board seats,
Blacks have made a few inroads as company executives of major companies.
Time Warner, the world’s largest media company, along with the
world’s largest stock broker, Merrill Lynch and the world’s
largest housing financial company, Fanny Mae, are all headed by
Blacks. In the Bay Area, the Presidents of SBC Pacific Bell, Symantec,
Oracle
and Genetech are also African American.
No “Who’s Who” list would be complete without the inclusion
of television host, Oprah Winfrey, and former BET executive, Robert Johnson,
as two of the three African American billionaires. The top money making
athletes in 2003 were golfer, Tiger Woods, and basketball player, Shaquille
O’Neal, at $76.7 million and $40.5 million, respectively.
Ironically,
this impressive list of “Who’s Who in Black America” represents,
still yet, the lowest ethnic group on America’s economic
ladder. We must never abandon the struggle to make economic
success a goal for
the least of us.
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