Facts on 1 August
1874 - Businessman, Charles Clinton Spaulding was born

Charles Clinton Spaulding was born on August 1, 1874. He was a prominent African American businessman and one of the most influential figures in early 20th-century Black business and finance.

Spaulding played a key role in the success of the North Carolina Mutual Life Insurance Company, one of the largest and most successful Black-owned businesses in the United States. He served as the company’s president from 1923 until his death in 1952, expanding its reach and influence significantly. His leadership in business and his contributions to economic empowerment in the Black community made him a major figure in American history.

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