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HOME
BILLIONAIRES
ROW:
L-R: Robert Johnson Oprah
Winfrey Michael Chin Sheila Johnson
In 2000, Robert Johnson, founder
of BET cable network, sold the network to Viacom for close to $3 billion dollars,
this deal made him a instant billionaire. In December 2002, Johnson made
history by becoming the first minority with a majority ownership in a basketball
franchise. As the director of Hilton Hotels Corporation, Johnson became
the first African-American to obtain a Nevada gaming license. Johnson
currently owns and operates several Hilton Resorts. His current wealth
is estimated at $1.5 billion dollars.
The two most powerful women
in the world are of African-American descent. Condoleeza Rice and Oprah
Winfrey. Winfrey reached billionaire status last year. She has the
most successful talk show in history, she nets over $100 million per year off
of her talk show alone. She has produced a string of hits through HARPO
productions and her book club is the most successful book club in the world.
Her magazine "O" is the most successful publication in publishing
history. Her current wealth is estimated at $1.2 billion dollars.
Jamaican born Michael Lee
Chin is a self-made billionaire. He acquired AIC Limited in 1987.
Over the years he has built the organization into Canada's leading mutual fund
company. In 1998, the company grossed a staggering $12 billion dollars.
Chin and Johnnie Cochran recently co-founded a sports and entertainment agency.
His current wealth is estimated at $1.7 billion dollars.
Dr. Sheila Crump Johnson is
the co-founder of the BET network. Sheila and her ex-husband Robert split
$3 billion in proceeds right down the middle prior to their divorce. She
became the first African-American woman to built a luxury resort on property
she paid $7 million dollars for. She owns 13 show horses and she is the
President of Washington International Horse Show, Johnson also has extensive
real estate holdings. She is also a designer and a photographer.
Her current wealth is estimated at $1.5 billion dollars.
HONORABLE MENTION:
Reginald F. Lewis
Reginald Lewis would have
become the first black billionaire if he would not have succumbed to brain cancer
at the age of 50 in 1993. At the time of his death, he was the richest
African-American in U.S. history. Lewis started out as a attorney and
became the first black man to head his own law firm on Wall Street. In
1987, he mastered a $1 billion dollar purchase of TLC Beatrice, a giant food
distributor with 64 companies in 34 countries. Lewis would go on to run
a business empire spanning four continents.
In his spare time, he mentored
African-American students and entrepreneurs. Lewis donated $1 million
dollars to Howard University and $3 million to Harvard Law School where a building
is named in his honor. He holds the distinction of the being the only
African-American with a building named in his honor on a Ivy League campus.
In the early 90's, Lewis tried
unsuccessfully to buy the Baltimore Orioles. After his death, his brother
and his widow Loida ran TLC Beatrice, they would eventually sale the company
for billions. At the time of his death, Reginald Lewis was worth $500
million dollars.
SECRET SOCIETY:
The "Boule"
is based on a society founded at Yale University called "Skull & Bones."
This Yale Fraternity yielded U.S. Presidents, Supreme Court Justices, Governors,
Senators, athletes and actors. Some of the most powerful men on the planet
are members of "Skulls & Bones." The "Boule" is
the black equivalent of "Skulls & Bones."
The "Boule"
was founded on May 15th, 1904 by Dr. Henry Minton, the "Boule" was
the first black fraternity in America. The "Boule"currently
has 101 chapters in the world and 4,100 members who make up the wealthiest black
men on this planet.
It is difficult
and nearly impossible to get members to comment on this secret society of wealthy
black men. It is even harder to become a member. This organization
operates in a veil of secrecy.
Deceased members:
Arthur Ashe, Whitney Young, Benjamin Mays, Maynard Jackson and Carter G. Woodson
all died without ever commenting on the "Boule."
Current members
include: Vernon Jordan, John H. Johnson, Earl Graves, Bill Cosby, Jesse Jackson,
Lynn Swann, Elgin Hayes, David Dinkins, Hank Aaron and L. Douglas Wilder.
HEROES:
Bricktop
Ada Smith was born a saloon
singer in Chicago. She was nicknamed "Bricktop' because of her red
coloring and freckles. She gave Duke Ellington his first break and she
took Josephine Baker under her wing and she worked with a young busboy named
Langston Hughes.
Bricktop accepted a singing
engagement in Paris. She loved Paris; especially the night life, friends
talked her into launching her own club. The club "Bricktop"
became the rage of Paris. Patrons included: Frank Sinatra, Ava Gardner,
Lena Horne, Bill "Bojangles" Robinson, Jelly Roll Morton, Orson Wells,
F. Scott Fitzgerald, Edward G. Robinson and Cole Porter. Porter became
Bricktop's best friend and confidant, Porter and his friends created a protective
shield around Bricktop to protect her from racism. Bricktop was also friends
with Ernest Hemingway and T.S. Eliot. Bricktop often gave "Charleston"
dance lessons to European royalty at Porter's house.
When Martin Luther King arrived
in Paris to accept his Nobel Peace Prize, as soon as he got off the plane, he
said, I'm not leaving Paris until I meet Bricktop. The character
of "Dominique Deveraux" portrayed by Diahann Carroll on "Dynasty"
was based on Bricktop.
Bricktop would open a chain
of nightclubs throughout Europe and Mexico, quite a accomplishment for a African-American
woman in the 1920's, the clubs were financed by a mystery investor, we will
reveal the identity of the investor towards the end of this article.
Bricktop died of heart failure
on January 31st, 1984 in New York City, she was 90 years old.
Isaac Murphy
Isaac Murphy may be the most
successful jockey in history. Murphy received his jockey apprentice license
when he turned 12. He began his career as a exercise rider. His
skills were exceptional, he didn't require a whip to motivate horses.
Murphy won his first victory
in Louisville in 1875. By 1882, Murphy was earning $10,000 per year and
was considered the top jockey on the race horse circuit, black or white.
In 1884, Murphy won six races with four different horses.
Murphy also had the distinction
of being the first jockey to win three Kentucky Derby's, a record that stood
until 1948. Murphy died of pneumonia in 1896, he was 35. The "Isaac
Murphy Award" is given to the rider with the highest winning percentage
each year.
Bessie Coleman
Bessie Coleman was born in
Texas, she was one of thirteen children. After reading about World War
1, she became interested in flying. She went to Europe to learn to fly.
She received her license on June 15, 1921 making her the world's first licensed
black aviator.
She returned to the U.S. and
began teaching African-American women to fly. She gained fame as a barnstorming
air circus performer, she was nicknamed "Queen Bessie."
On April 30th, 1926, while
practicing for a show in Orlando Florida, Coleman was thrown from the plane
and fell to her death, she was 34 years old.
Shortly after her death, Bessie
Coleman Aero Groups were formed by William J. Powell. The Aero Groups
performed a air show on Labor Day 1931 making it the first all-black air show
in America.
Paul Revere Williams
Paul Revere Williams is one
of the most successful architect's in history. He designed homes for:
Frank Sinatra, Lucille Ball, Lon Chaney, Anthony Quinn, Zsa Zsa Gabor and Barbara
Stanwyck.
Williams also designed the
Saks Fifth Avenue building in Beverly Hills, Shrine Auditorium, Los Angeles
International Airport, The L.A. County Courthouse and the MCA building.
Despite his success, he was
a victim of racial discrimination. He once said "I designed the most
beautiful home for a client today, sometimes I dream of living in this home,
I could afford such a home but this evening leaving my office, I returned to
my small inexpensive home in an unrestricted undesirable section of Los Angeles
because I am a Negro."
Paul Revere Williams died
at the age of 86 in 1980.
UNSUNG HERO
OF THE CIVIL RIGHTS MOVEMENT:
Doris Duke
Doris Duke was the richest
woman ever. When she died, her net worth was estimated at $6 billion dollars,
her investments netted her $1 million per day. Duke University is named
after the Duke family who made their fortune in tobacco.
Doris Duke was always comfortable
around African-Americans. As a teenager she often went to the black nightclubs
in Harlem against her family's wishes. She sang in black choirs and she
played the piano for black churches. When black churches were burned down
in the South, Duke financed the reconstruction, she also gave generously to
black organizations and charities. She would hire black teenagers to work
on her properties during the summer months.
Duke is the mysterious investor
who financed Bricktop's nightclub chain in the 1920's. She often stated,
America should be ashamed on how they treat African-Americans in this society.
The love of her life was a
man of color, Hawaiian swimmer and Olympic gold medalist Duke Kahanamoku.
Duke became pregnant by Kahanamoku, she lost the baby, they never married due
to racial discrimination. Doris Duke died on Oct. 28th, 1993.
To read Black History
Month 2006, click here Black History Month
2006
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