WomanOwned

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Economy

This Black Woman-Owned Whiskey Brand Has a Valuation of Almost $1 Billion

Meet Fawn Weaver, the 48-year-old CEO and Founder of Uncle Nearest, a Black woman-owned premium whiskey brand that has been making waves in the spirits industry since its launch in 2017. Since then, she has led the brand to become the top-selling Black-owned spirits globally and one of the fastest-growing American whiskey companies, now valued at more than $900 million.Breaking away from the usual trend of white male-led whiskey companies, Uncle Nearest stands out. Weaver recently achieved a significant milestone […]

todayFebruary 22, 2024

Economy

Black Woman-Owned Company Operates 38 Vans, Making $3M a Year Delivering for Amazon

Sophia Strother, a 43-year-old African American woman from Austin, Texas, turned a $10,000 investment into a multi-million dollar delivery business called L2E Industries. Teaming up with Amazon, Sophia now owns 32 vans and rakes in over $3 million annually.Sophia, a single mom and survivor of sex trafficking, has always had a thirst for success. After becoming a mom at age 15, she pursued higher education, earning bachelor's and master's degrees in business administration. At 20 years old, she started her entrepreneurial […]

todayJanuary 2, 2024