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Nearly half of Fortune 500 companies were founded by immigrants or their children. It shows how Latino entrepreneurs can drive America's economic future

Business

From the Center

At this time last year, Latino and immigrant entrepreneurship was thriving. Between 2018 and 2023, the number of Latino-owned businesses increased by 44%, powering a historic small business boom and generating over $650 billion in revenue annually. In recent years, Latino and immigrant entrepreneurs have started new businesses at twice the rate of the general population, building domestic capacity in key industries like construction and manufacturing. Today, nearly half of Fortune 500 companies were founded by immigrants or their children. Unfortunately, anti-immigrant policies threaten to derail this economic engine. As...

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