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He may have been born into slavery but achieved ultimate financial freedom. Alonzo Herndon built an empire, and his story can inspire us to find our own wealth today. _____________ 2-Minute Black History is produced by PushBlack, the nation's largest non-profit Black media company. PushBlack exists to amplify the stories of Black history you didn't learn in school. You make PushBlack happen with your contributions at BlackHistoryYear.com — most people donate $10 a month, but every dollar makes a difference. If this episode moved you, share it with your people! Thanks for supporting the work. The production team for this podcast includes Cydney Smith, Len Webb, and Lilly Workneh. Our editors are Lance John and Avery Phillips from Gifted Sounds Network. Julian Walker serves as executive producer." To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices
#OTD in 2000, the home of entrepreneur Alonzo Herndon was added to the National Register of Historic Places.
This episode is about Alonzo Herndon who was a successful businessman and Atlanta's first Black millionaire. He also started one of the largest Black owned businesses in the US. Check out the rest of the episode for more info --- Send in a voice message: https://anchor.fm/EverydayBlackHistory/message Support this podcast: https://anchor.fm/EverydayBlackHistory/support
#OTD The home of prominent Atlanta businessman Alonzo Herndon was added to the National Register of Historic Places. Actor Charles Michael Davis narrates.
Meet Roosevelt Giles. Today, he is President and CEO of Atlanta Life Insurance Group and alum of AT&T, where he built network protocols for the Pentagon and Special Forces. But growing up, he and his nine siblings grew up picking cotton alongside his sharecropper parents. The plantation owner cheated his father, and, being illiterate, his parents had no way to prove he was keeping more of their profit than he was owed. Eventually, Roosevelt and his sisters paid off the family's debt and managed to get an education. The company he runs, Atlanta Life, was founded by a former slave Alonzo Herndon who also happened to build one of America's first successful Black businesses. I'm your host Lyanne Alfaro, and on today's episode of Moneda Moves, we talk about his journey to gaining a higher education, becoming a leader in technology and his ideas to rebuild Black Wall Street. These are ideas, as we discuss, that other disenfranchised groups in the United States can borrow as we work to close the racial wealth gap. Also in this episode, we talk about the kinds of responsibilities corporate companies must answer to now as it relates to people of color in a world that is emerging from the pandemic. No te lo quieres perder. -- Follow on Instagram and Twitter on @MonedaMoves Our intro music is "Numero de Cuenta" by Fanta Nelida Other music by Epidemic Sound.
Looking at the documentary of Annie Malone and Madam CJ Walker and Alonzo Herndon how that wealth from the 20th Century could of grown to Billions. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app
A short profile of Alonzo Herndon, an Atlanta based businessman who became one of the first African-American millionaires. Video is available on the Noire Histoir website at http://noirehistoir.com/blog/alonzo-herndon.
In the first Noire Histoir Black History Minute, I profile Alonzo Herndon who is most notable for being a successful entrepreneur in Atlanta, GA. Show notes and video at http://noirehistoir.com/blog/alonzo-herndon.
The Gist of Freedom welcomes Neva Smith, retired Insurance executive! Church Benevolent Society's Angel Becomes the first black millionaire in the country Prior to the Emancipation Proclamation, Free Blacks formed Mutual Aid, self help,Benevolent Societies to collect money as a means to ensure no one would become impoverished. They served as a primary weapon of resistance. These societies were the central mechanism for collecting and disbursing shared pool of wealth. Unfortunately, In Georgia, laws were passed to mandate the level of reserves that all insurance companies had to maintain and this was a major problem for many of these black burial associations. A church benevolent society unable to meet the $5000 reserve sought out Alonzo Herndon, a successful barber and a former slave, to buy them out. Herndon owned three very successful barber shops and he made a fortune from this trade which he invested heavily in real estate. His success in barbering was spectacular, he acquired more than 100 houses, His arrangement with the Church's benevolent society led Herndon to becoming the most successful black businessmen, the first black millionaire in the country and the founder of the Atlanta Life Insurance Company; Today, Atlanta Life has assets of over $200 million and operates in 17 states. The Atlanta Life Insurance Company is the largest black-owned stockholder insurance company in America.
Auburn Avenue was at one time known as Wheat Street. In 1893, a group of white citizens went to the city council and petitioned to change the name to Auburn because they thought it sounded more sophisticated. However, it wasnt the whites who made Auburn Avenue sophisticated, but instead the ambition and entrepreneurial spirit of Atlantas diverse African American community. With over $200,000,000 in new and proposed development, plus a shiny new streetcar, Auburn Avenue is once again poised for prosperity.