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Founder of ‘Black Enterprise’ magazine dies at 85

Earl Graves Sr., the founder and publisher of Black Enterprise and iconic entrepreneur in the black community, has died.

Graves’ son, Earl “Butch” Graves Jr. confirmed his father’s passing in a post on Twitter, saying he died after a long battle with Alzheimer’s. According to Black Enterprise, Graves Sr. was 85 years old.

“I loved and admired this giant of a man, and am blessed to be his namesake,” said Graves Jr. in an update on Twitter.

Graves Sr., founded Black Enterprise in 1970 as a resource for business and investing advice for African Americans. 

“The time was ripe for a magazine devoted to economic development in the African American community,” said Graves Sr. “The publication was committed to the task of educating, inspiring and uplifting its readers.”  

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