Atlanta Life
Encyclopedia
The Atlanta Life Financial Group was founded by Alonzo Herndon
, who was born a slave, but became Atlanta's richest African American
. The demolished public housing project Herndon Homes was named for Herndon.
In 1905 he purchased The Atlanta Benevolent and Protective Association (later called Atlanta Mutual) for $140, which in 1922 was renamed the Atlanta Life Insurance Company.
Alonzo Herndon
Alonzo Franklin Herndon was an African American businessman and the founder and president of the Atlanta Mutual Life Insurance Company. Born into slavery, he became Atlanta's first black millionaire. His home, Herndon Home, is a U.S. National Historic Landmark...
, who was born a slave, but became Atlanta's richest African American
African American
African Americans are citizens or residents of the United States who have at least partial ancestry from any of the native populations of Sub-Saharan Africa and are the direct descendants of enslaved Africans within the boundaries of the present United States...
. The demolished public housing project Herndon Homes was named for Herndon.
In 1905 he purchased The Atlanta Benevolent and Protective Association (later called Atlanta Mutual) for $140, which in 1922 was renamed the Atlanta Life Insurance Company.