Earl Graves Sr., the founder and publisher of Black Enterprise, has died at the age of 85 from Alzheimer’s, reports Brett Molina of USA Today.
Molina reports, “Graves Sr. founded Black Enterprise in 1970 as a resource for business and investing advice for African Americans.
“‘The time was ripe for a magazine devoted to economic development in the African American community,’ said Graves Sr. ‘The publication was committed to the task of educating, inspiring and uplifting its readers.’
“Graves Sr. was heralded as a champion of black-owned business and a supporter of equal opportunity. He received the National Award of Excellence for his business achievements. Graves Sr. served on the boards of several Fortune 500 companies, including AMR Corp., which runs American Airlines, and DaimlerChrysler AG.”
Read more here.