Table of Contents
- 1 Who was Alonzo Herndon and what significance did he have in Georgia during the New South era?
- 2 What was Alonzo Herndon’s main goal when he founded the Atlanta Life Insurance Company in 1905?
- 3 How did Alonzo Herndon impact Georgia?
- 4 Why was Alonzo Herndon’s barbershop targeted during the Atlanta race riot?
- 5 Who was the richest black woman during slavery?
- 6 Who are some famous black entrepreneurs and philanthropists?
Who was Alonzo Herndon and what significance did he have in Georgia during the New South era?
An African American barber and entrepreneur, Alonzo Herndon was founder and president of the Atlanta Life Insurance Company, one of the most successful Black-owned insurance businesses in the nation.
What was Alonzo Herndon’s main goal when he founded the Atlanta Life Insurance Company in 1905?
His most significant business venture was launched in 1905, when he acquired what would become Atlanta Life Insurance Company. When Herndon founded Atlanta Life Insurance in 1907, he did so with the goal of serving African Americans.
How did Alonzo Herndon help the African American community?
Herndon saved other failing insurance companies by merging their company with Atlanta Life Insurance, claiming his efforts were designed to build confidence in black businesses and save jobs for African American men and women.
How did Alonzo Herndon become one of the richest black men in America around the turn of the 20th century?
The ambitious Herndon invested heavily in Auburn Avenue real estate and in 1905, he paid $140 for a small burial association. It eventually became the Atlanta Life Insurance Company, which made him Atlanta’s first black millionaire.
How did Alonzo Herndon impact Georgia?
The ambitious Herndon invested heavily in Auburn Avenue real estate and in 1905, he paid $140 for a small burial association. It eventually became the Atlanta Life Insurance Company, which made him Atlanta’s first black millionaire. It had 23 offices in Georgia alone.
Why was Alonzo Herndon’s barbershop targeted during the Atlanta race riot?
2. Why was Alonzo Herndon’s barbershop specifically targeted during the riot? Alonzo Herndon represented some of what the poor white men were angry about, including the wealth and success of some African Americans.
Who was the first black person to own property?
Johnson became one of the first property owners of African descent in the 13 colonies and bought the contracted labor of five indentured servants, four of whom were white. John Casor, a black servant working for Johnson, eventually sought to be released from his servitude.
Who was the first black businessman in America?
On top of being a businessman, Smith was a minister and served as chairman of the black abolitionist organization in Columbia, PA. William Alexander Leidesdorff, Jr. Leidesdorff was one of America’s earliest and most successful mixed-race businessmen.
Who was the richest black woman during slavery?
Amanda America Dickson was a biracial woman who became one of the wealthiest African-American women in 19th-century America. Although she was born into slavery in 1849, Amanda enjoyed a more privileged childhood than other black girls.
Who are some famous black entrepreneurs and philanthropists?
Through his work, he established deep relationships with renowned entrepreneurs and philanthropists, including Andrew Carnegie, John D. Rockefeller, George Eastman, and William Howard Taft; these connections allowed him to funnel huge donations to several initiatives and programs aimed at educating African-Americans.