Image

12:42 PM / Sunday October 2, 2022

9 Apr 2020

Earl Graves Sr., founder of Black Enterprise magazine, dies

  • Facebook
  • Twitter
April 9, 2020 Category: Week In Review Posted by:

ABOVE PHOTO: Earl Graves Sr.   (AP photo)

ASSOCIATED PRESS 

NEW YORK  — Earl Graves Sr., who championed Black businesses as the founder of the first African American-owned magazine focusing on Black entrepreneurs, has died. He was 85.

Graves died Monday after a long battle with Alzheimer’s disease, his son, Earl “Butch” Graves Jr, said in a post on Twitter.

Graves launched his magazine, Black Enterprise, in 1970. He later said his aim was to educate, inspire and uplift his readers.

“My goal was to show them how to thrive professionally, economically and as proactive, empowered citizens,” Graves wrote in his 1997 book “How To Succeed In Business Without Being White.”

According to an obituary published by Black Enterprise, Graves grew up in Brooklyn and gained an economics degree from Morgan State University. He held jobs in law enforcement and real estate before working on Sen. Robert F. Kennedy’s staff.

After Kennedy’s assassination in 1968, he moved to found the magazine, which is now headed by his son.

He served on the boards of several major corporations, including American Airlines, Daimler Chrysler and Rohm & Hass and backed the presidential bids of Jesse Jackson and Barack Obama, Black Enterprise wrote.

In addition to Black Enterprise, Graves also ran Pepsi-Cola of Washington, D.C., one of the nation’s largest soft-drink distributors owned by African Americans. He sold his stake in the bottler to PepsiCo in 1998.

“As a little boy, I saw a magazine with something I’d never seen—a picture of a Black man as the owner: Black Enterprise Founder & Publisher Earl G. Graves,” tweeted Rev. Cornell William Brooks, a professor at Harvard’s Kennedy School and former president and CEO of the NAACP. “Graves has died — after inspiring MILLIONS to succeed in business & beyond. Inspired kids & so many others mourn his passing.”

Democratic presidential candidate Joe Biden was among others eulogizing Graves.

“As the founder of Black Enterprise, Earl Graves Sr. was a trailblazer in his own right, a leader in the American business community, and paved the way for many Black entrepreneurs to realize their dreams,” the former vice president wrote on Twitter.

  • Facebook
  • Twitter

Leave a Comment

Recent News

Stateside

Biden signs bill to avert government shutdown, aid Ukraine

October 1, 2022

Tweet Share Pin Email By KEVIN FREKING WASHINGTON (AP) — President Joe Biden signed into law Friday...

Education

A message from Superintendent Watlington regarding the shooting outside of Roxborough High School

September 30, 2022

Tweet Share Pin Email Dear School District of Philadelphia staff and families, The School District of Philadelphia...

Entertainment

The Jacksons in concert on September 10

September 30, 2022

Tweet Share Pin Email (Photos/Afea Tucker) The Jacksons — Jackie, Tito, and Marlon, along with a backup...

Diaspora

Puerto Ricans await aid, fret about post-hurricane recovery

September 30, 2022

Tweet Share Pin Email ABOVE PHOTO: A man points to a home that was collapsed by Hurricane...

Go With The-Flo

Lil Wayne is looking to make a big profit from the sale of his waterfront Miami Beach mansion

September 30, 2022

Tweet Share Pin Email ABOVE PHOTO: Lil Wayne (Paul Smith / Featureflash / Shutterstock) By Flo Anthony...

Food And Beverage

What’s Cookin’? Vegan Shortbread Cookies

September 30, 2022

Tweet Share Pin Email Tweet Share Pin Email Related Posts What’s Cookin’? Chewy Five Ginger Spice Molasses...

The Philadelphia Sunday Sun Staff