News Menu

News
View Latest Posts
View Subscriptions
Posting Instructions

Active Bloggers

Kennedy Williams Kennedy Williams
Spelman College class of 2020
Reggie Culpepper Reggie Culpepper
Clark Atlanta University class of 1998
Ciearra Smith Ciearra Smith
North Carolina A&T State University class of 2013
Lailah Berry Lailah Berry
Kent State University class of 2020
HBCU CONNECT HBCU CONNECT
Central State University class of 1995
LaMarr Blackmon LaMarr Blackmon
Cal St Univ, Long Beach class of 1992
Will Moss Will Moss
Hampton University class of 1995
Joel Savage Joel Savage
class of 1993

Farrah Gray 16 year old "Reallionaire"

Farrah Gray 16 year old "Reallionaire"
Posted By: Ezra Johnson on July 23, 2008

" I believe the power of the African-American is strongly dependent on its unity. I often say that we as African-Americans are like snowflakes in the winter, as individuals our power can be insignificant, but when we fall together we can shut down city's."
Spoken by a self made "reallionaire" who earned his first million by the age of 16. Farrah Gray is a young African-American entreprenuer, venture capitalist, and self-made milllionaire who was raised in the projects of east chicago.
At the age of six years old he created his own blend of lotion by mixing the remains of near empty lotion bottles he found in his bathroom. He then renamed the product FG Enterprises and sold it door to door for $1.50, that earned him $9. "People tell me, 'Boy, you were born yesterday.' I always say, 'Yes, but I stayed up all night." Young Gray also started a club called Urban Neighborhood Economic Enterprise club in which he and his friends could learn about business and entrepreneurship. Shortly after forming UNEEC, Gray persuaded some local business people to lend the group money to invest. They made $15,000.



At the age of 13 he began his first company, FarrOut Foods, where he sold his grandmothers strawberry-vanilla maple syrup. After one year of owning the business he sold it for 1milion dollars, and thats how he earned his first million.
"I believe there is a recipe for success," Gray points out. "Comfort is the enemy of achievement," I was just familiar with struggle." With company funds he started the Farrah Gray foundation which supports community iniatives and provides seed money for youth entrepreneurial projects. Since then he's had other successful business ventures, including Kidzel calling cards (prepaid calling cards that allow children to phone home for free from anywhere in the world) with telecommunications giant WorldTel. Farrah Gray recently authored a book called "Reallionaire: Nine Steps to Becoming Rich From the Inside Out," he also is a motivational speaker and is payed anywhere from $5,000 to $10,000 each appearance. Farrah Gray has been an inspiration to many young entreprenuers and is a good example of "pulling yourself up by the bootstraps." He is now a 23 year old billionaire and believes that his success is available to all that are willing to work for it.
If you enjoyed this article, Join HBCU CONNECT today for similar content and opportunities via email!
Comments
Please Login To Post Comments...
Email:
Password:

 

This is the type of stuff I like to hear about, instead of negative portrayals/stereotypes of Blacks/African Americans.
Wednesday, September 3rd 2008 at 4:07AM
More From This Author
another wilberforce alumni
Wilberforce Alumni
Greek Life: Upholding Its Responsibilities
I AM A MAN!
I AM A MAN!
I am a Man
Latest News
More than 4 in 10 Americans Breathe Unhealthy Air, People of Color 3 Times as Likely to Live in Most Polluted

More than 4 in 10 Americans Breathe Unhealthy Air, People of Color 3 Times as Likely to Live in Most Polluted

American Lung Association’s ‘State of the Air’ report finds air quality worsened by climate change, remains environmental justice issue. by The American Lung Association A new report from the A ...more
Reggie Culpepper • 17 Views • April 21st, 2021
The Inaugural Black College World Series Event Kicks Off Next Week!

The Inaugural Black College World Series Event Kicks Off Next Week!

BCSG 360 along with Black College Nines and the City of Montgomery Mayor’s Office hosted a virtual press conference this morning to formally announce the inaugural Black College World Series HBCU base ...more
Kennedy Williams • 39 Views • April 21st, 2021
See where a future in tech can take you with our “Talk Tech with Us” Virtual Chat Series!

See where a future in tech can take you with our “Talk Tech with Us” Virtual Chat Series!

Connect with us through these virtual events where you’ll learn about our Software Engineer and tech Connect Programs. You will have the opportunity to hear from our recruiters, former interns, and cu ...more
Lailah Berry • 4 Views • April 21st, 2021
Know Your Value and Get Paid: Learn how to secure the bag with Salary Negotiation Strategies that work!

Know Your Value and Get Paid: Learn how to secure the bag with Salary Negotiation Strategies that work!

Searching for that first job out of college or looking to take that next step in your career? AAUW, with support from the Coca-Cola Foundation, is presenting a free summer series of live webinars. Joi ...more
Reggie Culpepper • 58 Views • April 20th, 2021
Jury Finds Derek Chauvin Guilty on All Three Charges For Murdering George Floyd

Jury Finds Derek Chauvin Guilty on All Three Charges For Murdering George Floyd

After a 16 day trial and 10 hours of deliberation, a jury found ex-police officer Derek Chauvin guilty on all charges. According to CNN, Chauvin now faces up to 40 years in prison for second-degre ...more
Kennedy Williams • 123 Views • April 20th, 2021
Popular News
Louisiana Upholds Life Sentence to Black Man For Stealing Hedge Trimmers in 1997

Louisiana Upholds Life Sentence to Black Man For Stealing Hedge Trimmers in 1997

While this may not be HBCU related news, as an AFrican American male, I had to share this appalling decision by the Louisiana court system to keep a man in jail with a life sentence for such a petty c ...more
Will Moss • 374,973 Views • August 6th, 2020
Apple to Invest over $40 Million Dollars into HBCUs - Time to major in Computer Science!!!

Apple to Invest over $40 Million Dollars into HBCUs - Time to major in Computer Science!!!

On Tuesday Johnny C. Taylor, President and CEO of the Thurgood Marshall College Fund stopped by “NewsOne Now” to make a major announcement that could literally change the lives of thousands of HBCU st ...more
Will Moss • 112,301 Views • March 11th, 2015
Blonde Instagram Model Goes Viral for Graduating from HBCU and Pledging Delta Sigma Theta!

Blonde Instagram Model Goes Viral for Graduating from HBCU and Pledging Delta Sigma Theta!

A blonde woman is going viral this morning, for graduating from A Historically Black College while pledging a Black sorority, Delta Sigma Theta Sorority Incorporated. @Blonde_HBCU The woman, an IG ...more
Will Moss • 88,477 Views • November 30th, 2020
Kamala Harris Promises to Forgive Student Loan Debt for HBCU Graduates

Kamala Harris Promises to Forgive Student Loan Debt for HBCU Graduates

Harris promises to offer free tuition for low-income students at public and historically Black colleges Democratic VP candidate also pledges to forgive student-loan debt for HBCU graduates who earn ...more
Will Moss • 65,272 Views • September 10th, 2020
Black Billionaire Robert F. Smith to  Donate $50 Million to Support STEM Students at HBCUs

Black Billionaire Robert F. Smith to Donate $50 Million to Support STEM Students at HBCUs

The Student Freedom Initiative announced today a $50 million personal gift from Robert F. Smith, philanthropist and Founder, Chairman and CEO of Vista Equity Partners. This gift matches the initial fu ...more
Will Moss • 65,123 Views • October 22nd, 2020
Please Give Us a Like on Facebook!