10 Unknown Facts About Annie Malone: The First Black Female Millionaire in the US

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Used African Heritage to Copyright Products

Malone called her beauty product line Poro, meaning physical and spiritual growth. It was also a West African secret society located throughout Liberia and Sierra Leone. She sold the products door to door in the early 1900s.

 

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A True Philanthropist

Although worth millions, Malone lived relatively modestly and donated a large portion of her money to the Black community and historically Black colleges and universities. Her $25,000 donation to Howard University was one of the largest gifts the university had received from a private donor of African descent. From 1919 to 1943, Malone served as board president for the St. Louis Colored Orphan’s Home. During this time, she donated $10,000 toward a new building for the orphanage.

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