NewsChicago Sun-TimesJuly 17, 2026United States
Remembering George E. Johnson Sr., Pioneer of Black Business
This article honors the life and legacy of George E. Johnson Sr., the founder of Johnson Products Company, who passed away at age 99. Johnson is remembered for building a multimillion-dollar hair care empire and for his mentorship of other Black business owners in Chicago.
Read the full story at Chicago Sun-TimesWhy It Matters
The passing of George E. Johnson Sr. marks the end of a significant era for Chicago's business community, as he was the first Black entrepreneur to list a company on the American Stock Exchange in 1971.
Key Facts
- George E. Johnson Sr. died on July 6 at the age of 99.
- Johnson founded Johnson Products Company in 1954.
- In 1971, Johnson Products became the first Black-owned business listed on the American Stock Exchange.
- Johnson Products sponsored the television show 'Soul Train'.
- Johnson authored a memoir titled 'Afro Sheen: How I Revolutionized an Industry with the Golden Rule, from Soul Train to Wall Street'.
- Johnson supported the DuSable Museum by helping raise funds for an African art collection.
- The funeral service is scheduled for Friday at 11 a.m. at Trinity United Church of Christ, 400 W. 95th St.
Who's Mentioned
personGeorge E. Johnson Sr.“Founder of Johnson Products Company and subject of the obituary.”personCharles Reynolds“Johnson's personal driver and business associate.”organizationAmerican Stock Exchange“Exchange where Johnson Products became the first Black-owned business listed in ”locationTrinity United Church of Christ“Location of the funeral service.”organizationJohnson Products Company“Hair care company founded by George E. Johnson Sr.”personLyle Logan“Longtime family friend and business associate.”organizationDuSable Museum“Recipient of fundraising support from Johnson.”personIsobel Neal“Longtime friend and associate of the Johnson family.”