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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
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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/
Community
4 Ways to Preserve Veterans’ Stories for Future Generations
Family stories, photographs, letters and memories all have a place in the broader story of humanity, but if they aren’t recorded and preserved, they can fade over time. Consider these ways to help the veterans in your life preserve their stories and leave their mark on history. Preserve Veterans’ Stories for Future Generations

4 Ways to Preserve Veterans’ Stories for Future Generations
(Feature Impact) History is built from stories and memories, which is why it’s important to listen to the people who were there as the world changed. Family stories, photographs, letters and memories all have a place in the broader story of humanity, but if they aren’t recorded and preserved, they can fade over time.
Because more than 70 years have passed since the Korean War ended, opportunities to hear firsthand accounts from earlier conflicts grow fewer as time passes. Veterans and their families may be able to help record stories and lessons from “The Forgotten War” that might otherwise be lost.
You don’t need to be a historian to help preserve your loved ones’ memories and experiences. Programs like the Library of Congress Veterans History Project are dedicated to collecting stories from people like Private First Class Robert Lawrence Barber, who wrote regular letters home to his mother while serving in Korea. They paint a harrowing picture of combat, exhaustion, cold, fatigue and the stark realities of war that should never be forgotten. Experiences away from combat can be equally revealing, from daily routines and friendships to unexpected challenges.
Consider these ways to help the veterans in your life preserve their stories and leave their mark on history.
Start the Conversation Now
When it comes to recording memories, time is of the essence, especially for those who served in Korea. Decades may have passed, but each day makes a difference. Sit down with your loved one and gently start the conversation. You don’t have to get the entire backstory at once, but you can begin asking questions about their military experience and give them time to gather their thoughts.
Record Their Story
How a story is told can add dimension to the story itself. An audio or video recording preserves your loved one’s voice, expressions and emotions along with their words, giving your family memories to look back on for generations. Choose a quiet, comfortable space and test the equipment before recording.
Consider Preserving the Story Beyond Your Family
Family stories are most meaningful to those who know and love the storyteller, but they also matter to the world. Sharing veterans’ stories – including difficulties and ordinary moments – offers others a firsthand view of military life. Libraries and oral history archives may be able to preserve qualifying material for a wider audience.
“We want all stories, not just those from the foxhole or the battlefronts, but from all veterans who served the United States in uniform,” said Monica Mohindra, director of the Veterans History Project. “What did they hear? What did they see? What did it mean to them?”
If you have oral history interviews, and/or original photographs, letters or other records, consider contributing them to be archived and made accessible to future generations. Staff members are available to help you curate and select physical materials to contribute to the nation’s library.
Give Old Photos and Letters Context
Brush the dust off those old photo albums, scrapbooks and memory boxes because they may contain tangible pieces of history. A photograph, letter or piece of memorabilia could be what a veteran needs to bring fuzzy memories back into focus – whether it’s seeing the face of an old comrade or reading a letter written home. That gives you the opportunity to hear new stories and fill in context.
Learn more, discover veterans’ histories and find instructions for contributing veterans’ stories at loc.gov/vets.
Photo courtesy of Shutterstock (man looking at photo album)
Photo courtesy of the Library of Congress (group of soldiers)
SOURCE:
Rod's Pure Thoughts
Remembering Patrick Stewart: A Star Trek Journey Through My Life
Remembering Patrick Stewart: From childhood adventures with Kirk to finding another favorite captain in Picard, Rod Washington reflects on Patrick Stewart, the Next Generation cast, and the creativity they inspired.

From childhood afternoons with the original Enterprise crew to the reunion in Picard, Star Trek has been part of my life for decades. Patrick Stewart helped make that journey unforgettable.
Remembering Patrick Stewart
The news of Sir Patrick Stewart’s passing has me thinking about how much of my life has had Star Trek somewhere in the background—and often right in the foreground.
Star Trek: The Original Series has been my favorite since I was in single digits. Kirk, Spock, McCoy and the rest of that crew were part of my childhood. Long before there was a Captain Picard, that was my Enterprise.
Then came the motion-picture era with the original cast. The Wrath of Khan arrived during my teenage years. The Voyage Home followed in my young adulthood. As I grew up, those familiar characters kept coming back with new adventures.
Then we got a new Enterprise and a new generation.
A New Crew Earned Its Place
When Star Trek: The Next Generation began, my reaction was something like, “It’s okay.”
I continued watching. I was curious, but I already had a strong attachment to the original crew. That kind of connection takes time to build.
By the end of the first season, though, I was crazy about The Next Generation.
Patrick Stewart had a lot to do with that. His portrayal of Jean-Luc Picard gave me another captain to believe in. He had his own presence, his own way of handling a situation, and a way of making you listen when he spoke.
Eventually, Picard was on par with Kirk in my eyes. Coming from someone who had loved the original series since childhood, that says a lot.
From the Enterprise to First Contact
The series became an important part of my adult entertainment life. I cared about the characters and wanted to see where their stories would go.
After the television series ended, the TNG movies gave us more time with them. My favorite remains First Contact. It is the one that stands out most for me from that chapter of Star Trek.
Looking back, I can trace different stages of my life through these shows and movies: childhood with the original series, my teenage years with The Wrath of Khan, young adulthood with The Voyage Home, and then the years spent getting to know Picard’s crew.
That is a long relationship to have with a fictional universe. The people who bring it to life become familiar faces across decades.
Seeing Everyone Together Again
By the time Star Trek: Picard arrived, I was well into another chapter of my own life.
It was fun to see those familiar faces again, especially when the crew came back together. There was a lot of personal history attached to watching them share the screen.
Patrick Stewart and the rest of the cast—and yes, that includes Wil Wheaton—were an important part of my adult life as a viewer. Each contributed to a crew I grew to love.
Seeing them again brought back the feeling that had kept me watching all those years earlier.
Thank You for the Inspiration
What stays with me most is how much creativity those performances sparked.
As someone who enjoys filmmaking and storytelling, I appreciate entertainment that leaves me wanting to create something of my own. Stewart and his castmates gave me that feeling many times over the years.
His passing makes me appreciate the time we had with him on screen and the work we can return to. I can watch an episode, revisit First Contact, or spend another evening with the crew and remember why these stories meant so much to me.
The original series will always have that special place in my heart. Patrick Stewart helped another Enterprise crew earn a place there, too.
Thank you, Sir Patrick, for the years of entertainment, the inspiration, and a captain who became part of my life.
News Background
Stewart died October 28, 2026, at age 86, according to his spokesperson’s statement reported by Reuters. This entry is a personal reflection on his work and its place in my life.
Reader question: When did Captain Picard and the Next Generation crew win you over?
STM Blog
Golden Bird in Compton: When Mom Took a Night Off
Golden Bird in Compton was an occasional Friday or Saturday treat when Mom wanted a break from cooking. A personal look back at its Alondra Boulevard location and the memories that linger.

Some childhood meals stay with you for decades. For me, Golden Bird fried chicken in Compton is one of them.
Growing up in the Los Angeles area, an occasional Friday or Saturday meant my mom wanted a break from cooking. Those were the nights when takeout became a treat, and Golden Bird was one of the places I remember enjoying most.
The location on East Alondra Boulevard sounds like the one we visited. Researching it brought me to 2600 East Alondra Boulevard, Compton—an address listed in Los Angeles County records under Golden Bird #1.
An address can help place a memory on a map. But what I remember most is much simpler: the chicken was delicious, and getting it was a welcome weekend treat.
Part of Our Family’s Takeout Rotation
Golden Bird wasn’t our only chicken stop. Over the years, there was Pioneer, KFC, Church’s, Louisiana Fried Chicken, and later Popeyes. I also remember Jim Dandy from when I was very young, especially its crinkle-cut fries.
Each name brings back a different memory. Golden Bird brings me back to Compton and those evenings when my mother could take some time off from preparing dinner.
As a kid, I thought about enjoying the food. Looking back, I also appreciate what those meals meant for her: one less dinner to cook and a chance to take a break.
The History Behind the Address
Golden Bird’s own history describes a family recipe associated with Zelma and a wet batter designed to give the chicken a crisp outside while keeping the meat moist. My own memory is simply that I loved eating it.
The Alondra Boulevard location also connects to another chapter in Southern California’s fried-chicken history. Vincent Williams opened a Compton Golden Bird franchise in 1983, according to the Los Angeles Times.
A later profile described Williams developing his Honey’s Kettle concept in his former Compton franchise location. Honey’s Kettle dates its beginnings on Alondra Boulevard to 2000, and a 2012 restaurant visit documented its original location at 2600 East Alondra Boulevard. Those accounts point to a connection between the two businesses at that address.
I haven’t established who operated the restaurant during every year my family visited. But learning about its history adds another layer to a place I remember through its food.
A Weekend Memory Worth Keeping
For me, Golden Bird’s place in the story starts with family. It was an occasional treat, a meal I enjoyed, and a Friday or Saturday when Mom could let someone else handle the cooking.
Decades later, that is still a good reason to remember a neighborhood restaurant.
Editor’s note: Golden Bird is still serving fried chicken in South Los Angeles at 8300 South Western Avenue, at West 83rd Street. For those of us who remember it as a weekend family treat, it’s good to know the Golden Bird name remains part of LA’s food scene. Order pickup and delivery
Did you eat at the Golden Bird on Alondra Boulevard—or another Golden Bird location? Share your memories and favorite orders in the comments.
Explore more food stories in STM Daily News’ Food & Drink section.
