Updated
Updated · The Root · Aug 13
Article Highlights 15 HBCU Graduates Building Businesses Worth More Than $1 Billion
Updated
Updated · The Root · Aug 13

Article Highlights 15 HBCU Graduates Building Businesses Worth More Than $1 Billion

3 articles · Updated · The Root · Aug 13

Summary

  • A Black Business Month feature spotlights 15 entrepreneurs with HBCU ties whose ventures span biotech, beauty, media, finance and retail.
  • The list argues HBCUs provide more than degrees, emphasizing community, confidence and campus relationships that helped founders launch companies and partnerships.
  • Several entrepreneurs built or sold sizable businesses, including Will Packer’s films grossing more than $1 billion, Ryan Glover’s Bounce TV sale for over $300 million and Lonnie Johnson’s Super Soaker topping $1 billion in lifetime sales.
  • Others highlighted include Storj founder Shawn Wilkinson, 1910 Genetics founder Jen Nwankwo, The Lip Bar founder Melissa Butler and Partpic founder Jewel Burks Solomon, whose company Amazon acquired in 2016.
  • Taken together, the profiles frame Black business ownership as both an economic engine and a legacy of HBCU influence that continues to expand across industries.

Insights

What hidden networking strategies do HBCU alumni use to turn simple dorm room ideas into billion-dollar global empires?
How might a recent million-dollar Harvard grant transform HBCUs from entrepreneurial launchpads into cutting-edge research powerhouses?