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Solomon RC Ali
Private equity investor and business visionary Solomon R.C. Ali made the ultimate financial comeback when he used the humble sum of $250 to launch a private equity firm with the intention of helpin...view morePrivate equity investor and business visionary Solomon R.C. Ali made the ultimate financial comeback when he used the humble sum of $250 to launch a private equity firm with the intention of helping innovative companies raise money in exchange for considerable equity. Seeing the potential of a fledgling two-way, censor-activated audio and video technology in need of working capital, Solomon networked and promptly arranged $3.4 million in private equity funding, secured multiple patents, and created lucrative licensing deals with companies including Ring smart home doorbell by Amazon. This technology disrupted both the doorbell and home security industries. Additionally, Solomon initiated and structured investment capital to create one of the biggest minority-owned energy companies in the United States.Out of the approximately fourteen thousand publicly traded companies in the United States, currently less than two dozen of those publicly traded companies are Black majority owned and operated. Solomon is the only African American to have ever simultaneously held officer and board member positions with three of those Black majority owned and operated publicly traded companies, while successfully disrupting two major industries and placing him in a rarefied club of American changemakers.view less
Books by Solomon RC Ali
Why Black Wealth Matters in White America: Turning Black Spending Power Into Generational Wealth