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Wally Amos Built An Iconic Brand By Chance—Now His Legacy Fuels A $150K Grant For Black Entrepreneurs

Although Wally Amos didn’t set out to build a world-class brand, his creation has stood the test of time, leaving a lasting legacy. The beloved Famous Amos, with its signature bite-sized cookies inspired by Amos’ family recipe, launched in 1975 in a storefront on Los Angeles, CA’s Sunset Boulevard. When the store opened, his son, Shawn, was just seven years old, and he was one of its workers. “He worked in the back, and I worked in the front, and literally the two of us were tearing this place apart, building it, and opening it up. I learned the value of work, of just that all you have at the end of the day is work,” Shawn told AFROTECH™. “He wasn’t looking to create a worldwide brand or be an icon. He just wanted to open up a store selling cookies and make a living. And he really valued the work and took pride in the work.” The store’s launch was made possible through a $25,000 loan from notable entertainers such as Marvin Gaye and Helen Reddy. For years, Wally had been sharing his...

Mar 26, 2025

Frankie Beverly Net Worth: The Legendary Soul Singer's Wealth Explored

Frankie Beverly was an American singer, songwriter, and musician best known as the lead singer and founder of the iconic group Maze. With a career spanning over five decades, Beverly became a legend in the world of soul, R&B, and funk music. His smooth voice, timeless songs, and captivating performances earned him a dedicated fan base and substantial financial success. As of 2024, Frankie Beverly’s net worth is estimated to be around $4 million. Early Life And Career Beginnings Beverly was born Howard Beverly on December 6, 1946, in Philadelphia, Pennsylvania. He began singing in his local church choir as a child, which helped develop his vocal skills and love for music. During his teenage years, Beverly formed a doo-wop group called The Blenders and later joined a band named The Butlers, which enjoyed moderate success in the Philadelphia music scene. His early experiences laid the groundwork for his career and helped him refine his distinctive style. Formation Of Maze And Rise To...

Oct 1, 2024

Famous Amos' Company Net Worth Is A Testament To Black Entrepreneurship 

Famous Amos is a Black-founded brand that’s brought smiles to our faces since 1975. To survive this long, they’ve had to undergo many changes in the past nearly 50 years – mostly in terms of ownership. The visionary behind the cookie company, Wally Amos , found quick success after opening a shop in Los Angeles, but he was faced with financial and personal challenges leading him to walk away. Since their lowest point, the Famous Amos net worth has grown considerably. Despite the ups and downs, they remain one of America’s favorite cookies. The Wally Amos Days (Photo by Diana Walker/Getty Images) Before opening his flagship location, Amos made history as the first-ever Black talent manager, working out of William Morris Agency. When meeting with record labels and signees he would bring in fresh baked cookies after uncovering a love for baking while living with his aunt in New York. Word got out about the “famous Amos” cookies, leading his friends Marvin Gaye and Helen Reddy to gift...

Aug 16, 2024

Disney Becomes The Latest To Announce Major Layoffs — Here's What To Know And Tips For Navigating The Job Market

The beautiful thing about fine art, specifically music, is that it speaks to the issues of the time. Often, those songs are made to address certain historic moments but end up being a case study of sorts for the future. It can be seen across genres in songs such as Marvin Gaye’s “What’s Going On” or Walter Hawkin’s “Thank You Lord,” where in one of the verses he sings, “economies down, people can’t get enough pay.” Although some of these songs were produced well before the issues of today, they are perpetual concerns that society has found itself facing again and again. Those same messages are on par with the pain points many people feel and are going through. One of those pain points is the economy’s impact on the job industry, and it has now impacted what is known as the happiest place on Earth. According to The Wall Street Journal, Disney is part of the long list of employers recently announcing layoffs. The Florida-based company eliminated its entire Metaverse division. At its...

Mar 29, 2023

The Late Ernie Barnes Breaks Record As His Iconic 'Sugar Shack' Painting Sells For $15.3M At New York Auction

Maybe you remember seeing a replica of the painting in your grandmother’s house or the image flashing during the opening credits of “Good Times.” No matter the reference point, “Sugar Shack,” by legendary artist Ernie Barnes, just sold for $15.3 million. The iconic painting, which was recently up for auction, was used as the cover of Marvin Gaye’s 1976 album; “I Want You.”

May 16, 2022