(Redirected from Earl Graves)'Earl Gilbert Graves, Sr.' (born
January 9,
1935) is an author, publisher, entrepreneur, and philanthropist. He is the founder of ''
Black Enterprise'' magazine.
Background
Graves was born in
Brooklyn, New York and grew up in the
Bedford-Stuyvesant section of
New York City. He is a
1958 alumnus of
Morgan State University, having received a
Bachelor of Arts degree in economics. He is a member of
Omega Psi Phi Fraternity, Inc.
From
1965 to
1968, Graves served as an administrative assistant to Senator
Robert F. Kennedy.
He is the father of
Earl G. Graves, Jr.
Business ventures
In 1968, Graves started Earl G. Graves, Ltd. Under that holding company, he began the Earl G. Graves Associates management consulting firm. In 1970, the company's Earl G. Graves Publishing Company division began publishing ''
Black Enterprise'' magazine. ''Black Enterprise'' states as its goal to provide inspiration to
African Americans in the business sector. The magazine has 500,000 paid subscribers and over 3 million readers. It has also grossed $53 million in sales.
Black Enterprise Events is another division of Earl G. Graves, Ltd., which coordinates gatherings for the readers of ''Black Enterprise''. The Black Entrepreneurs Conference, Black Enterprise Golf and Tennis Challenge, and Women of Power Summit are a few of the events sponsored by Black Enterprise Events.
Earl Graves, Ltd., also co-owns a private equity fund with Travelers Group called the Black Enterprise/Greenwich Street Corporate Growth Fund. The purpose of the fund is to invest in minority controlled businesses.
From 1990 to 1998, Graves owned the
Pepsi Cola bottling franchise in
Washington D.C.
Other accomplishments
Graves is a director of
Aetna,
AMR Corporation,
DaimlerChrysler,
Federated Department Stores and
Rohm and Haas, and is a volunteer on the boards of
TransAfrica Inc. and the
American Museum of Natural History and
Hayden Planetarium in New York City.
Graves received the
Silver Buffalo Award from the
Boy Scouts of America in 1988, and served as the
national commissioner from 1990 to 1995. He received the
NAACP's
Spingarn Medal in 1999. Graves donated $1 million to
Morgan State’s school of business and management. His alma mater honored him by changing the name of the school of business to the Earl G. Graves School of Business and Management. In 2002, Graves was named as one of the 50 most powerful and influential African Americans in corporate America by ''
Fortune'' magazine. He serves on the
George W. Bush administration's Presidential Commission for the
National Museum of African American History and Culture.
External Links
★
Profile at blackenterprise.com
★
Profile at CNN.com - Black History Month 2002
★
Howard University Opening Convocation 2002 - Biography
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