Black wealth-building seems to be the forever trending topic. So, with that said, it’s the perfect time to introduce you to Dana A. Dorsey, reportedly Miami’s first Black millionaire.
Let’s take a look at how he earned his fortune from real estate by buying, selling, and renting properties.
According to the D.A. Dorsey Technical College, Dorsey was a sharecropper’s son who eventually moved to Miami in 1896.
To find his footing, he worked as a carpenter for Henry M. Flagler’s Florida First East Coast Railroad Company, D. A. Dorsey Technical College also revealed.
It was during this period that he recognized Black workers needed adequate housing. Leading the way, Dorsey reportedly purchased his first plot of land for $25.00 in Colored Town. He then continued to make additional purchases and started building rental homes per plot of land.
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