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Bob Johnson is the first African-American businessman to accumulate a net worth upwards of $1 billion. Johnson is widely celebrated for the feat, and rightly so. However, people far too infrequently hear of the great Black businessmen who came before him. One of these greats is Reginald F. Lewis, who built the first Black billion dollar company. According to theroot.com:
“A deal Reginald F. Lewis made after he purchased international giant Beatrice Foods promoted his American company, TLC Group, L.P. to the biggest offshore leveraged buyout in history, making TLC Beatrice worth $1.5 billion and on to Fortune’s 500 list.”
Affluent Blacks of Dallas 