

“As a little boy, I saw a magazine with something I’d never seen-a picture of a Black man as the owner: Black Enterprise Founder & Publisher Earl G.

He sold his stake in the bottler to PepsiCo in 1998. In addition to Black Enterprise, Graves also ran Pepsi-Cola of Washington, D.C., one of the nation’s largest soft-drink distributors owned by African Americans.

He served on the boards of several major corporations, including American Airlines, Daimler Chrysler and Rohm & Hass and backed the presidential bids of Jesse Jackson and Barack Obama, Black Enterprise wrote. Kennedy’s staff.Īfter Kennedy’s assassination in 1968, he moved to found the magazine, which is now headed by his son. He held jobs in law enforcement and real estate before working on Sen. According to an obituary published by Black Enterprise, Graves grew up in Brooklyn and gained an economics degree from Morgan State University.
