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Black-Owned Corporations in America: Power, Innovation, and Legacy
Discover the top Black-owned corporations in America, from World Wide Technology to Byron Allen’s media empire, and learn how these billion-dollar businesses are shaping industries and inspiring Black entrepreneurship.
Last Updated on September 26, 2025 by Daily News Staff
When people think of Black-owned businesses in America, many picture small shops, restaurants, or startups. While these enterprises are vital to communities, a lesser-known truth is that several Black-owned corporations have grown into billion-dollar powerhouses — shaping industries from technology to media, food service to finance. These companies prove that Black entrepreneurship is not only thriving but also redefining the American corporate landscape.
World Wide Technology (WWT): A $20 Billion Tech Titan
Founded by David Steward in 1990, World Wide Technology is the largest Black-owned business in America, with revenues topping $20 billion. WWT provides cutting-edge IT services — including cloud computing, cybersecurity, and AI solutions — to Fortune 500 companies and government agencies. Steward, who grew up in segregated Missouri, now ranks among the wealthiest Black billionaires, with a net worth exceeding $7 billion. His quiet leadership and philanthropic efforts inspire countless entrepreneurs.
Byron Allen & Allen Media Group: A Billion-Dollar Media Empire
Comedian-turned-mogul Byron Allen built one of the largest Black-owned media companies in the world. Through Allen Media Group (Entertainment Studios), he owns 12 television networks, 43 local TV stations, and The Weather Channel. His empire generates well over $1 billion annually, making him one of the most powerful media owners in the U.S.
Allen is also a fearless advocate for diversity in advertising and media ownership. By pushing major corporations to spend more with minority-owned outlets, he has positioned himself not only as a media giant but as a champion for economic inclusion.
Bridgewater Interiors: Driving Detroit’s Future
In the heart of Detroit, Bridgewater Interiors, founded by Ron Hall Sr. and now led by Ron Hall Jr., is a billion-dollar automotive seating supplier. The company partners with industry giants like Ford and General Motors, pioneering just-in-time manufacturing. Beyond profits, Bridgewater champions supplier diversity and community growth, proving that Black-owned corporations can thrive at the core of America’s auto industry.
ActOne Group: Workforce Innovation at Scale
Launched in 1978 by Janice Bryant Howroyd with just $1,500, ActOne has grown into a global workforce solutions leader, generating over $1 billion in annual revenue. Howroyd made history as the first African-American woman to build and run a billion-dollar business. Today, ActOne operates in more than 19 countries, placing millions of workers while advocating for inclusion in staffing and leadership pipelines.
Modular Assembly Innovations: Powering U.S. Automakers
Founded by Billy Vickers in 2006, Modular Assembly Innovations (MAI) is another billion-dollar auto supplier. The company specializes in modular sub-assemblies and delivers to major automakers across the country. Known for his athlete-to-CEO journey, Vickers emphasizes efficiency and employee growth, making MAI one of the fastest-growing Black-owned companies in manufacturing.
Coca-Cola Beverages Florida: Independent and Thriving
In 2015, Troy Taylor founded Coca-Cola Beverages Florida, the only independent Coca-Cola bottler in the U.S. The company quickly grew to generate more than $1 billion in revenue, employing thousands across Florida. Taylor’s leadership shows how Black ownership can succeed in legacy industries where minority participation has historically been rare.
Thompson Hospitality: Feeding America
From running Bob’s Big Boy restaurants to managing corporate and university dining halls, Warren Thompson has built Thompson Hospitality into a food-service empire worth nearly $800 million. It is now one of the largest minority-owned food service providers in the U.S., serving hospitals, universities, and government institutions nationwide.
Urban One: A Media Empire for Black Voices
Founded by Cathy Hughes in 1980, Urban One (formerly Radio One) is the largest Black-owned broadcasting company in the U.S., with revenues approaching $500 million. Hughes was the first African-American woman to take a company public on the U.S. stock exchange. Today, Urban One spans radio, TV, and digital, amplifying Black culture and shaping political discourse.
Hightowers Petroleum: Energy with Impact
Led by Stephen Hightower, Hightowers Petroleum distributes fuel and energy solutions to major corporations and government agencies, generating nearly $450 million annually. What began as a regional operation has grown into one of the country’s most respected minority-owned energy providers, with a focus on sustainability and efficiency.
Why These Companies Matter
These corporations represent more than financial success:
Representation: They prove that Black entrepreneurs can thrive at the billion-dollar level in industries historically closed to them. Opportunity: Collectively, they employ tens of thousands of people, many in communities of color. Mentorship & Legacy: Leaders like Byron Allen, Cathy Hughes, Janice Bryant Howroyd, and David Steward actively mentor and fund the next generation of Black entrepreneurs. Innovation: From tech to automotive to media, these companies are pushing boundaries, reshaping industries, and challenging stereotypes.
The Bigger Picture
According to the U.S. Census Bureau, there are over 3 million Black-owned businesses in America, though most are small. Yet, the billion-dollar giants show what’s possible when resilience, innovation, and opportunity come together.
From the boardrooms of tech giants to the distribution centers feeding the nation — and even the studios behind The Weather Channel — Black-owned corporations are not just participating in the economy. They are leading it
📰 Articles & Reports
A Look at Black-Owned Businesses in the U.S. – Pew Research Center
An in-depth analysis highlighting the growth and economic impact of Black-owned firms, including a 66% revenue increase from 2017–2022.
Black-Owned Businesses Worth Billions in the U.S. – UrbanGeekz
Showcases high-profile Black-owned companies like ActOne Group and Allen Media Group, emphasizing their contributions to various industries.
Nation’s Largest Black-Owned Businesses – BE 100s List – Black Enterprise
Details the top Black-owned businesses across sectors such as automotive, media, and finance.
📊 Data & Statistics
Black-Owned Public Companies – Investopedia
Lists publicly traded Black-owned companies and offers insights into their market presence.
2024 Black-Owned Business Statistics – Lendio
Discusses the percentage of Black-owned businesses among employer firms and the importance of growth in this sector.
🎥 Videos
Byron Allen’s Media Group Sells 10 TV Stations for $171M – YouTube
Covers Byron Allen’s media deals and the expansion of his empire.
Top 10 Largest Black-Owned Businesses – YouTube
Visual overview of the biggest Black-owned companies and their impact on the U.S. economy.
Dive into “The Knowledge,” where curiosity meets clarity. This playlist, in collaboration with STMDailyNews.com, is designed for viewers who value historical accuracy and insightful learning. Our short videos, ranging from 30 seconds to a minute and a half, make complex subjects easy to grasp in no time. Covering everything from historical events to contemporary processes and entertainment, “The Knowledge” bridges the past with the present. In a world where information is abundant yet often misused, our series aims to guide you through the noise, preserving vital knowledge and truths that shape our lives today. Perfect for curious minds eager to discover the ‘why’ and ‘how’ of everything around us. Subscribe and join in as we explore the facts that matter. https://stmdailynews.com/the-knowledge/
unknown
Did Jackie Gleason See Aliens? Inside the Strange Nixon–UFO Legend
Jackie Gleason reportedly told his wife that President Richard Nixon arranged for him to view preserved extraterrestrial bodies at a Florida Air Force base. Here is what we know—and why the remarkable story remains unverified.
The beloved comedian reportedly told his wife that President Richard Nixon arranged for him to view preserved extraterrestrial bodies at a Florida Air Force base. Decades later, the extraordinary story remains fascinating—but unverified.
Jackie Gleason is remembered as “The Great One,” the larger-than-life entertainer who turned bus driver Ralph Kramden into one of television’s most enduring characters on The Honeymooners. Away from the cameras, however, Gleason had another consuming interest: UFOs, psychic phenomena and the possibility of extraterrestrial life.
That interest eventually became the foundation of one of the strangest stories ever associated with an American president and a Hollywood celebrity. According to Gleason’s second wife, Beverly McKittrick, her husband came home late one night in 1973 and claimed that President Richard Nixon had helped him see the preserved bodies of extraterrestrial beings at Homestead Air Force Base in Florida.
Did Jackie Gleason really see aliens?
The honest answer is that we do not know. The allegation is remarkable, but the available evidence never rises above an uncorroborated story attributed to Gleason years after the supposed event.
Gleason’s fascination with UFOs was real
There is little question that Gleason took the UFO subject seriously. He reportedly assembled a substantial personal library devoted to UFOs, the paranormal and related mysteries. His unusual circular home in New York—often nicknamed “The Mothership”—only strengthened his public association with flying saucers, although its distinctive architecture is not evidence of an extraterrestrial encounter.
Gleason also had a genuine social connection with Nixon. The two men shared an interest in golf and spent time together in Florida. That documented friendship is the factual starting point from which the more sensational story grew.
The alleged trip to Homestead Air Force Base
McKittrick said that Gleason returned to their Florida home at about 11:30 one evening looking disturbed. According to her account, he told her that Nixon had arrived without the usual presidential entourage and taken him to Homestead Air Force Base, south of Miami.
Once there, Gleason allegedly entered a secured building where he saw small humanoid bodies preserved inside glass-topped containers. Published versions differ over the number of bodies and some physical details, but they generally describe child-sized beings with oversized heads.
Importantly, McKittrick did not claim to have accompanied the men or witnessed anything at the base. Her account was based entirely on what she said Gleason told her after returning home.
The story became public in 1983, years after the alleged visit and after the couple had divorced. It circulated widely through tabloid reporting, UFO publications and later books, gradually becoming part of UFO folklore.
Why the story remains unverified
No authenticated photograph, visitor record, military document or firsthand statement from Nixon has emerged to confirm the alleged trip. Gleason also never provided investigators with a signed affidavit describing the experience.
UFO researcher Larry Bryant reportedly sought records from Homestead and tried to obtain a statement from Gleason, but those efforts produced no confirming documentation. Gleason’s refusal to address the account publicly has sometimes been portrayed as suspicious, but silence is not proof that an event occurred.
There is another important complication: McKittrick later expressed uncertainty about her former husband’s story.
During telephone interviews conducted by researcher Kenny Young in 2003, she stood by her recollection that Gleason told her he had seen “dead aliens.” She also acknowledged that, as the years passed, she wondered whether he might have invented the explanation because he had been out late. She declined to appear on camera and said the story should be authenticated first.
Her later comments do not establish that the account was false, but they considerably weaken any attempt to treat it as verified history.
Could a president have slipped away unnoticed?
Some versions of the legend emphasize that Nixon supposedly drove to Gleason’s house alone and then entered a military installation without his Secret Service detail. Presidents have occasionally sought privacy or slipped away from tightly managed schedules, but a secret nighttime excursion of this nature would have involved serious security and logistical obstacles.
The claim becomes even more difficult to accept when we consider what Nixon allegedly revealed. If the United States possessed extraterrestrial bodies, granting a comedian personal access to them would have represented an extraordinary breach of national security—with no apparent official purpose and no surviving documentation.
None of that makes the episode logically impossible. It does, however, mean that the story requires exceptionally strong evidence. That evidence has never appeared.
A compelling legend, not a confirmed encounter
The Jackie Gleason story endures because it combines three irresistible ingredients: a famous comedian fascinated by UFOs, a secretive American president and a nighttime visit to a military base containing an alleged government secret.
What can be established is that Gleason was deeply interested in UFOs, knew Nixon and was said by his former wife to have made an extraordinary claim. What cannot be established is that Nixon took him to Homestead Air Force Base or that preserved extraterrestrial bodies were ever stored there.
So, did Jackie Gleason see aliens?
Perhaps he believed that he did—or perhaps he simply told an unforgettable story. Until corroborating evidence emerges, the alleged encounter belongs in the intriguing borderland between celebrity history and American UFO mythology.
Sources and further reading
- The Black Vault: Jackie Gleason and the Pickled Alien
- University of Miami Libraries: The Jackie Gleason Collection
- U.S. Department of Defense: All-domain Anomaly Resolution Office
Step into The Unknown, where STM Daily News explores the strange phenomena, unexplained encounters and enduring mysteries that continue to challenge what we think we know. From UFO sightings and paranormal events to historical mysteries and unusual scientific discoveries, we examine the stories, evidence and competing explanations—without losing our sense of wonder. https://stmdailynews.com/science/unknown/
Community
PenFed Foundation Raises Over $1.2M for Veterans and Military Families at 23rd Annual Military Heroes Golf Classic
The PenFed Foundation says it raised over $1.2 million for veterans and military families at its 23rd annual Military Heroes Golf Classic.
The PenFed Foundation for Military Heroes said it raised more than $1.2 million to support veterans and military families during its 23rd annual Military Heroes Golf Classic, held Monday, Aug. 31, according to a PRNewswire release. The nonprofit, based in the Washington, D.C. region, focuses on helping veterans transition “from service to success” through programs and grants aimed at military-connected communities.
“We are deeply grateful to our partners and supporters whose generosity and dedication make this event—and the Foundation’s work—possible,” said retired Air Force Lt. Gen. Bradford J. “B.J.” Shwedo, president of the PenFed Foundation, in a statement announcing the fundraising total.
At a dinner held the night before the Golf Classic, PenFed Credit Union President/CEO and PenFed Foundation CEO James Schenck recognized Ed Cody for 25 years of service on the foundation’s board of directors. Cody also serves as chairman of the PenFed Credit Union board and was credited with helping guide initiatives including Defender’s Lodge, the Afghan Rescue and Resettlement Program, the Veteran Entrepreneur Program, and grants supporting wounded, ill, and injured service members.
The foundation said it has provided more than $55 million in financial support to veterans, active-duty service members, and military families since it was founded in 2001. It also noted that PenFed Credit Union covers salaries and administrative costs, allowing more donations to go directly to programs.
What to watch for: How the foundation allocates the new $1.2M across its veteran transition and emergency support programs—and whether it announces new grant rounds tied to entrepreneurship and resettlement work.
SOURCE PenFed Foundation
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Entertainment
Apple Music Super Bowl LX Halftime Show Starring Bad Bunny Wins 7 Emmys, Sets New Record
Executive produced by Roc Nation and JAY-Z, the show becomes the most-awarded halftime production in Emmy history.
The Apple Music Super Bowl LX Halftime Show starring Bad Bunny took home seven Emmy Awards at the 78th Emmy Awards, making it the most-awarded Super Bowl halftime show in Emmy history, according to Roc Nation. The live spectacle—executive produced by Roc Nation and JAY-Z—won across major production categories, underscoring how the halftime stage has evolved into a full-scale, awards-caliber live television event.
The record-setting wins included Outstanding Variety Special (Live), Outstanding Music Direction, Outstanding Directing for a Variety Special, Outstanding Choreography for Variety or Reality Programming, Outstanding Sound Mixing for a Variety Series or Special, Outstanding Lighting Design/Lighting Direction for a Special, and Outstanding Technical Direction and Camerawork for a Special. Roc Nation also noted the show set a global viewership record, pulling 4.157 billion views in 24 hours across global broadcast, YouTube, and social platforms.
Beyond the trophies and viewership numbers, the halftime show leaned into big-name star power with special guest performers Lady Gaga and Ricky Martin, plus additional appearances from Karol G, Cardi B, Jessica Alba, Pedro Pascal, Young Miko, and others. The sweep signals not just a win for the artists on stage, but for the behind-the-scenes creative teams turning the halftime show into one of the most technically ambitious live productions on television.
What to watch for: With Emmy recognition now firmly in the conversation, expect future halftime shows to push even harder on cinematic staging, choreography, and broadcast innovation—because the bar (and the awards) just got higher.
Source: Roc Nation (PRNewswire), Sept. 6, 2026
Link to original press release: https://prnmedia.prnewswire.com/news-releases/the-apple-music-super-bowl-lx-halftime-starring-bad-bunny–executive-produced-by-roc-nation–jay-z-wins-seven-emmys-302870842.html
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