Annie Turnbo Malone is one of the most overlooked entrepreneurs in American history, yet many historians believe she may have become a millionaire before Madam C. J. Walker.

Early Success

Before Madam C. J. Walker became famous, Annie Turnbo Malone had already built a thriving hair-care business serving Black women across the United States. Her products became popular during the early 1900s and helped her create one of the most successful Black-owned businesses of the era.

Malone’s company provided economic opportunities for thousands of Black women at a time when career options were extremely limited.

A Connection to Madam C. J. Walker

One of the most interesting parts of Malone’s story is her connection to Madam C. J. Walker. Before launching her own company, Walker worked as a sales agent for Malone’s business.

Walker would later leave to start her own beauty company and become one of the most famous entrepreneurs in American history. Her success story has inspired generations and earned her recognition as America’s first self-made Black female millionaire.

Who Was First?

Some historians argue that Annie Turnbo Malone reached millionaire status before Walker. While records from that period are incomplete, evidence suggests Malone’s company was generating significant wealth before Walker’s business became nationally known.

The debate continues among historians, but one fact is undeniable: both women changed the landscape of Black entrepreneurship. Their businesses created jobs, built wealth, and opened doors for future generations of Black women in business.

Whether Annie Turnbo Malone or Madam C. J. Walker was first, both women deserve recognition as pioneers whose influence can still be felt today.