People Name: Malone, Annie Turnbo Pope Profession: Entrepreneur Category: African-American Experience, Human and Social Services Born/Started: 1869 Died/Ended: 1957 Description: Annie Turnbo Pope Malone was an entrepreneur who became one of the world´s wealthiest black women in the early 1930s. Her company, which developed and marketed beauty culture products for black women, began in Illinois, but moved to St. Louis when it became successful. She established Poro College in 1917 to train beauticians in the proper application of the Poro system of cosmetics and hair products for African-American women and to instruct salespersons in the marketing of the line. Malone employed over 150 persons in her business. She also established a finance company which offered home mortgages and loans for businesses. In 1922, Malone provided a financial gift to the St. Louis Colored Orphans Home for the construction of a new building. In 1946, the home was renamed the Annie Malone Children’s Home in her honor. |
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