black_real_estate_billionaires

Robert L. Johnson, Victor B. MacFarlane, and Emmitt Smith (photo: black business.org)

*(Via Black Business.org) – Across America, successful real estate companies are literally making billions every year in the business.
Eight of these are owned by African Americans, and some of these are celebrities you should recognize.

Their services include real estate development, real estate management, and construction.

Here they are:

#1 – The Peebles Corporation: With offices in Miami, Las Vegas and Washington, D.C., this company is the most successful black-owned real estate business in the U.S. It is owned by Donahue Peebles, Chairman and CEO.

#2 – Capri Capital Partners: Founded in 1992 and headquartered in Chicago, this company was started by Quintin Primo III in 1992 and has grown into a global real estate investment management company with more than $2.7 billion in real-estate assets.

#3 – H.J. Russell & Company: Founded in 1952 by Herman J. Russell, this company is one of the largest minority owned real estate firms in the United States and the oldest black-owned company. The company has a current net worth of $200 million.

#4 – RLJ Development, LLC: This real estate company was founded in 2000 in Bethesda, Maryland, by Robert (Bob) L. Johnson, the founder and former chairman of BET. It is the largest African-American owned hotel investment company in the nation.

Click here (Black Business.org) to learn the other 4.