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The First 6 African Americans Who Escaped Slavery and Became Millionaires

Robert Reed Church

Robert Reed Church Sr. (June 18, 1839 – August 29, 1912) was an African-American entrepreneur, businessman and landowner in Memphis, Tennessee, who began his rise during the American Civil War. He was the first African-American “millionaire” in the South. His total wealth probably reached $700,000, not a round million.[1] Church built a reputation for great wealth and influence in the business community. He founded Solvent Savings Bank, the first black-owned bank in the city, which extended credit to blacks so they could buy homes and develop businesses. As a philanthropist, Church used his wealth to develop a park, playground, auditorium and other facilities for the black community, who were excluded by state-enacted racial segregation from most such amenities in the city.

 

 

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1 comment

Brenda Graham April 13, 2019 at 10:58 am

It should be eradicated. As a mental health worker for over 15 years.I stuns me that in the black community 90% of individuals are diagnosed parinoid schtzoid and thats a lie. We were all born with a chemical imbalance of the brain. We all have intellectual disabilities and it could easily be eleviated with smaller doses of the mind alterining medicine they are given .I believe if you checked old instititional records the meds given and the doasges between black and white patients are different

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