McGhee, Norman L. Sr.
1897-1979 · Contribution: 1952
Founded the first Black-owned brokerage firm in the United States; first African American licensed stock dealer in the Midwest
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Quick facts
- Category
- Business & Misc.
Impact on the world
McGhee brought Black Americans a seat at the securities markets for the first time, founding a brokerage that treated stock ownership as a tool of Black economic advancement.
Sources
- Encyclopedia of Cleveland History (Case Western Reserve University)
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