There are Black celebrities and Black millionares why are there no Black corporations?

Question

With all of the millionares Blacks around why don't they own thier own Corporations instead of seeking to be hired by others who no longer want them here. And if they did own a corporation that hire more than 100 people, maybe others would consider them as a part of the rest of the world. Hawaiians have thier own corporations,Mexicans,Asians,East Indians, and American Indians now have Casinos. With all of the Black Millionares it's really not the White Man's Place to give reparations but Blacks should start caring for thier dying race, it's not like they are a bunch of retarts that don't know they could get together and do this. It's disturbing to see anyone trying to shift responsibility off on others when they can do some things themselves. They are here in America and won't get this kind of treatment anywhere else in the world. With so many Black Millionares it's crazy to think not one corporation is owned by them. Just a thought, and if I am wrong please correct me.

My point is there are so many complaining of joblessness, can't thier own millionare people help them? Why can't the millionares put thier heads together and own something really huge for instance like build thier own computers or own a company like Chrysler? Not trying to be offensive but I just wondered why they don't own grociery stores like Ralphs, to me it's like they don't give much money to the community but they want to be hired by the community. I hope i'm not offending anyone but it's time to start telling the truth here, without being cencored that is the only way to resolve differences.

Post what you all feel about it I would never report abuse, this is an open topic and we can all be real so to speak.

Answer 1

There are 1.2 million black-owned businesses in the U.S., a figure that rose 45 percent from 1997 to 2002, according to a report released yesterday by the Census Bureau. There are roughly 23 million U.S. companies total.

See link below for article.

Answer 2

Well, I do feel you are wrong and I will correct you. You suggest blacks don't have corporations. Ever heard of Fubu? A billion dollar coporation. But that was an easy one. What about Harpo? Oprah's company. There are more than you know about. You also mention that why don't these black millionaires help out there poor community. Some do, some don't. Just like white millionaires. There are many more white millionaires than there are black millionaires, yet based on statistics whites represent the dominant lower class. It's so funny how black people are always in the spotlight for what they do wrong yet other races do the same things but dont get as much attention for it. Here is an assignment for you. Go to your local library and read an issue of Black Enterprise magazine and see how many Black corporations you can list off the top of your head.

Answer 3

There are infact many black corporations in the wrold they just might not be well known....white ppl are responsible for many of the thigns that happen in african nations becuase of there licentious acts (slavery, theft..etc) african nations started to fall apart and before you say they couldve fought back, well no they couldnt have Africa before it was the raging war zone it is today was a very peacful palce and there was ultimatley no violnce what-so-ever, the white ppl also stole there means of money and ultimatly how they would be able to trade with other countries for food and would also hem there chances at being able to buy new technology such as the filters that make salt water drinkable and the other techonolgies we use to make things easier, cleaner and healthier hence why africa has water and food problems, now im not saying black ppl shouldnt help becuase we should (im am always donating and have visited africa the past 3 summers to help out) and when they (africans) came over here they saw that in america it was more an I thing as opposed to an "We" thing;something they were very used to and decided that everyman for itself was the way to go,whihc could also be why blacks dont tend to help each other out, becuase we feel and are taught depend on no one but your self and may feel that those idivisuals should find a way to make things happen on there own ruinning each other becuase we still see it as some compettiion:who can get out first.

Answer 4

There are Black Corporations. Have you ever researched your statement? Hell... Oprah has her own corporation. So, theres one for ya.

Also, I'm pretty sure no black people are looking for reparations. That doesn't even make sense. No one who was a slave is alive now. And, with the way the economy is, where would the money come from? Blacks will not be getting reparations, so there is no reason to even bring that point up.

You also make it sound like its a priviledge for us to be in America. We belong here just like you do.


P.S.... BET is NOT a black corporation. BET is owned by Viacom. Same people who own MTV, VH1, CBS, etc.

P.P.S.... they do hire people. There are jobless people of all colors. Not just black people. There are plenty of jobless white people too. Why not ask about all them too.

Basically, the fact of the matter is that you don't know anything about the black community. It shows in the ignorance you type. What was the point of this questions? Was it to just point out what you feel is wrong within the black community? Because obviously you have not done any research on the topic. Its like you're just pulling theories out of your a s s to support your own predjudice views. Notice, I didn't call you racist. I called you predjudice, thats exactly what you are. Pre-judging people based on something you know nothing about. Resolving differences has NOTHING to do with what you are typing here. And it is impossible to resolve differences when one side has no clue as to what they are talking about. You resolve differences by educating people. So, having said that, please read a book.

Answer 5

Johnson's Publishing Company located in Chicago,IL is Black owned and operated.
Don Barden (A Black Man) is the owner of "The Majestic Star Casinos" (located in 4 states),and as a matter of fact, he was "Rich" enough to buy it from "Donald Trump" (a White man and a Millionaire).

You've only been on Yahoo Answers for a "Hot Minute",and the first and only question you can think of to ask is something "Racist?". Go to bed,and get ready for school in the morning. History class starts at 9:00am!.

(PS) Racist people like you are always the first to condem others,without looking for the facts. Because there are Black Millionaires all over the world,and some we don't even know about,how can you possibly say,that none of them are Incorporated?. You fail to realize,that most White Millionaires made their money,by lying and scheming to people who didn't know how to handle their business,(and you,my dear,would be one whom would fall into that catagory,simply because you don't know the facts!). Most Black Millionaires started from the dirt up!. (So) If you think,that Black Millionaires don't know how to handle their business,then send an email to "Donald",he can use all the help he can get. (And another thing!). I REALLY DON'T CARE IF YOU REPORT ME!. I won't loose any sleep over it. (Smile)

Answer 6

Robert L. Johnson, FOUNDER of BET, owner of the charlotte Bobcats and charlotte Sting. Because you know someone has to start something before Viacom can buy it out

James A.Bell Chairman of Boeing company

A.G Gaston owned the A.G Gaston construction compant

Abraham Lincoln Lewis owned the afro-american life insurance company

Oh yah and then there is Oprah who owns Harpo studios which makes more money than all the native american casinos in washington put together.


What the hell are you talking about?

Answer 7

Girl, shut the hell up. You sound stupid. Have you even researched to see if there were corporations, partnerships owned by blacks???? I doubt it. You just made a hasty generalization which makes your comment totally invalid.

Personally, I think you were trying to be slick and I don't like the tone of your question. Luckily, you're behind your computer screen and not asking this idiotic question in public.

Grow up and get some research in your life.

Answer 8

Lisa you need to do a better job researching on your subject. There are many corporations that are headed and owned by Black men and women that are doing fine in the business world.

Answer 9

Black corporaton. BET is a black corporation. I could give more but I really don't see why people always pull the race card. To have a corporation that is restricted solely to one race is rediculous. There are quite a few black millionaires today. I bet they have whites and hispanics etc working for them too. Anyway have a nice day.

Answer 10

indians have reservations where they aren't subject to federal laws, give black people that, and then make a comparison.

By the way there aren't any "white corpoartions either "coporations are publicly owned, they may be run be white people, but Im sure with the number of black millioniares Im sure some of them are stockholders.