African Americans and the Economy

Black Economic Disparity

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Multiple Choice

Has the gap in home ownership increased or decreased since 1976?

• Increased

• Decreased

Dropdown

Black applicants are ​

Select answer

times more likely to be denied for mortgage loans than white applicants and Latino applicants are ​

Select answer

times more likely to be denied than white applicants.

Multiple Choice

Has the Black-white income gap increased or decreased since 1970?

• Increased

• Decreased

Black Entrepreneurs

Oprah Winfrey

• Billionaire Media mogul and philanthropist

• American host and television producer

• Best known for hosting her internationally popular talk show from 1986-2011

• Launched her own television network, OWN in 2013

• World's first Black woman billionaire

Robert Johnson

• Co-founder of Black Entertainment Television

  • Television network focused on African American culture and entertainment

• First black billionaire in the United States after he sold the network to Viacom in 2001

• Has since started a new business, RLJ Companies, and invested in an NBA team, film company, and political campaigns

Shonda Rhimes

• Award winning writer and producer, founder of Shondaland

• Created hit TV shows including Greys Anatomy and How to Get Away with Murder

• Has penned several screenplays including Crossroads and Introducing Dorothy Dandridge

• First African American woman to create and executive produce a TOP 10 network series

Berry Gordy

• American executive, record producer, songwriter, and film/television producer

• Founder of Motown Records, highest earning African American business for decades

  • Included popular artists such as the Supremes, the Jackson 5, Stevie Wonder, and Marvin Gaye

• He sold the company in 1988 but was inducted into the Rock and Roll Hall of Fame that same year

Match

Match the following

• First African American woman to create and executive produce a TOP 10 network series

• Hosted an internationally popular talk show and launched a new network

• Founder of Black Entertainment Television

• Founder of Motown Records

Shonda Rhimes

Oprah Winfrey

Robert Johnson

Berry Gordy

• Shonda Rhimes

• Oprah Winfrey

• Robert Johnson

• Berry Gordy

Daymond John

• American businessman, investor, and television personality

• Investor on the ABC reality TV series Shark Tank

• Founder, president, CEO of FUBU

  • American hip-hop apparel company

• Founder of the Shark Group

Reginald Lewis

• One of the richest African American men in the 1980s

• First African American to build a billion dollar company - Beatrice Foods Company

• Estimated net worth of $400 million when he died in 1993

Dr. Dre

• American rapper and record producer

• Founder and CEO of Aftermath Entertainment (record label) and Beats Electronics (consumer audio products)

• Co-founder and president of Death Row Records

• Signed artists like Eminem, 50 Cent, Kendrick Lamar, etc.

Ursula Burns

• Former CEO of Xerox from 2009 - 2016

  • Company sells print and digital document products and services

• First Black woman to head a Fortune 500 company

• Has served on the board of directors for Uber, American Express, and ExxonMobil

Multiple Choice

Reginald Lewis became the first African American to build a billion dollar company. What type of products did they sell?

• Food

• Apparel

• Print Products and Services

• Automobiles

Multiple Choice

Which of the following brands would be associated with Dr. Dre?

Match

Match the following

• Founder of FUBU, investor on Shark Tank

• First African American to build a billion dollar company

• Rapper/Record Producer, Co-founder and president of Death Row Records

• CEO of Xerox, First Black woman to head a Fortune 500 company

Daymond John

Reginald Lewis

Dr. Dre

Ursula Burns

• Daymond John

• Reginald Lewis

• Dr. Dre

• Ursula Burns