Black Enterprise


Black Enterprise is a black-owned multimedia company. Since the 1970s, its flagship product Black Enterprise magazine has covered African-American businesses with a readership of 3.7 million. The company was founded in 1970 by Earl G. Graves Sr. It publishes in both print and on digital, an annual listing of the largest African-American companies in the country, or "B.E. 100s", first compiled and published in 1973. In 2002 the magazine launched a supplement targeting teens, Teenpreneur. Black Enterprise also has two nationally syndicated television shows, Our World with Black Enterprise and Women of Power.

History

The magazine was founded by Earl G. Graves Sr. In January 2006, he named his eldest son, Earl G. Graves Jr., the company's chief executive officer. Butch joined the company in 1988 after earning his M.B.A. from Harvard University; he received his bachelor's degree in economics from Yale University in 1984. He also sits on the board of directors of AutoZone, serving as lead director and chairman of the compensation committee.
Black Enterprise has been profitable since its 10th issue. The company, headquartered in New York City, has 58 employees and had revenues of $22 million in 2017.

Award

The magazine won the 1997 FOLIO: Editorial Excellence Award in the business/finance consumer magazine category.