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3 Black Girl-Entrepreneurs Who Became Millionaire Before The Age Of 18

Mikaila Ulmer

The 14-year-old founder and CEO of Me & the Bees Lemonade based in Austin, Texas, U.S. started her company as a lemonade stand at the age of four. She was inspired to start this business after making a product for the Acton’s Children’s Business Fair and was stung by a bee. After her great-grandmother sent her family a recipe book that had a recipe for Flaxseed Lemonade, she became obsessed with bees and their effect on the environment. In 2009, at the age of 4, she started a simple lemonade stand which has since developed into a full-blown family business sold in several food stores in Arkansas, Louisiana, Oklahoma, and Texas. In 2015, Ulmer started supplying Whole Foods with Me & The Bees Lemonade in an $11 million deal.

Ulmer, who was named one of TIME magazine’s most influential teens of 2017 has visited the White House and met former President Barack Obama on several occasions. In 2017, she mentioned that she was writing a children’s book on how to start and grow a business.

Gabrielle Goodwin

The 11-year-old is the President and CEO of GaBBY Bows, a hair accessory that adds a unique twist to the classic barrette. The company, which she began at the age of seven, solved the longstanding problem of the lack of a barrette that would stay in the hair of girls. Though her bows can be found in multiple Walgreens locations in South Carolina and Georgia in the U.S., her online sales have saved lots of families time and money. Gabrielle at the moment handles inventory of her company, serves as the lead saleswoman at trade shows, and helps with sales taxes. She also teaches young children in schools and shelters about entrepreneurship.

Kyleigh McGee

She started running her own lemonade stand at her grandmother’s backyard garden in her hometown of Little Rock, Arkansas at the age of 7. She has since upgraded her lemonade stand to a food truck and with the help of her mother, she serves more refreshments such as fresh pineapple juice and snow cones. With the business now mobile, the cute little girl accepts special request bookings from a wide range of customers who are often amazed at what she has been able to achieve at such a young age. Apart from her lemonade being a top seller, McGee also serves pies, hot dogs, and nachos. She recently stated that her favorite part of running her own business is “being the boss and serving people food.”

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