Herndon's salary is unknown, but his net worth is estimated to be around $70 million.
Alonzo Herndon was a successful Entrepreneur who was born in 1858 and is remembered as the first African-American millionaire in the city of Atlanta. His net worth is estimated to be around $70 million, although his salary is unknown. He founded and headed the successful Atlanta Family Life Insurance Company.
Alonzo Herndon is a member of Entrepreneur
Age, Biography and Wiki
💰 Net worth: $70 million (2024)
About
Famous for founding and heading the successful Atlanta Family Life Insurance Company, he is also remembered as the city of Atlanta's first African-American millionaire.
Before Fame
Before making his fortune in insurance, he established a successful barbershop and pursued a career in real estate investment.
Trivia
His Atlanta homestead, Herndon Home, became a United States National Landmark in the year 2000.
Family Life
The son of an enslaved African-American named Sophenie and a white plantation owner named Frank Herndon, he was freed from slavery at the age of seven. His child Norris B. Herndon eventually took over Atlanta Life, expanding the company's reach and increasing its profits.
Associated With
Herndon and the prominent writer and abolitionist Frederick Douglass both spent their early years in slavery.