Earl G. Graves, Sr., American businessman and publisher

Earl Gilbert Graves Sr., born on January 9, 1935, and passing on April 6, 2020, was a transformative American figure whose multi-faceted career spanned entrepreneurship, publishing, business leadership, philanthropy, and unwavering advocacy for African-American businesses. A distinguished alumnus of Morgan State University, a historically Black university, Graves leveraged his education and vision to become a pivotal force in the economic empowerment of Black communities across the United States.

His most enduring legacy is the founding of Black Enterprise magazine in 1970. At a time when mainstream media often overlooked the accomplishments and potential of Black entrepreneurs and professionals, Graves created a vital platform that provided critical business information, celebrated the achievements of African-American business leaders, and offered a roadmap for economic self-sufficiency. Under his leadership as founder and long-time chairman, Black Enterprise grew into a leading voice and authoritative source for business news and strategies within the African-American community, operating under the umbrella of his diversified media company, Earl G. Graves, Ltd.

Beyond his significant contributions to media and publishing, Graves was a tireless champion for economic parity and opportunity. He dedicated his life to dismantling barriers that Black businesses historically faced, actively promoting their growth and integration into the broader American economy. His advocacy extended to various spheres, influencing policy and fostering an environment where African-American entrepreneurs could thrive and contribute meaningfully to the nation's economic landscape.

Graves' influence also extended into corporate America and community service. He served as a director for Aetna, a prominent American managed health care company, demonstrating his strategic acumen and commitment to mainstream corporate governance. Furthermore, his role as an Executive Board member of the Boy Scouts of America underscored his dedication to youth development and leadership, showcasing his belief in nurturing the next generation of American leaders. His profound impact and enduring legacy continue through his son, Earl G. Graves Jr., who has carried forward his father's vision and leadership.

Frequently Asked Questions About Earl G. Graves Sr.

Who was Earl G. Graves Sr.?
Earl G. Graves Sr. was a prominent American entrepreneur, publisher, businessman, philanthropist, and a dedicated advocate for African-American businesses. He is best known as the founder of Black Enterprise magazine.
What is Black Enterprise magazine, and what was its purpose?
Black Enterprise magazine, founded by Earl G. Graves Sr. in 1970, is a premier business and financial resource for African Americans. Its core purpose was to empower Black entrepreneurs and professionals by providing essential business information, highlighting successful Black enterprises, and offering strategies for economic growth and wealth creation within the Black community.
How did Earl G. Graves Sr. advocate for African-American businesses?
Graves advocated for African-American businesses primarily through Black Enterprise magazine, which served as a crucial platform for their visibility and growth. He also directly influenced corporate and public policy through his board memberships and extensive networks, working to ensure greater access to capital, contracts, and opportunities for Black entrepreneurs.
What other notable organizations was Earl G. Graves Sr. involved with?
Beyond his own media company, Earl G. Graves, Ltd., Earl G. Graves Sr. served as a director for Aetna, a major health care company, and was an Executive Board member of the Boy Scouts of America, demonstrating his broad engagement in both corporate and philanthropic sectors.