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DBpedia 2016-04

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Matches in DBpedia 2016-04 for { ?s ?p "Robert Reed Church (June 18, 1839 – August 29, 1912) was an African-American entrepreneur, businessman and landowner in Memphis, Tennessee who began his rise during the American Civil War. Multiple sources have noted him as the first African-American millionaire in the South, but by the end of the 20th century, historians concluded his total wealth reached $700,000, not a round million. Church built a reputation for great wealth and influence in the business community. He founded Solvent Savings Bank, the first black-owned bank in the city, which extended credit to blacks so they could buy homes and develop businesses. As a philanthropist, Church used his wealth to develop a park, playground, auditorium and other facilities for the black community, who were excluded by state-enacted racial segregation from most such amenities in the city.The son of a mixed-race mother and white father, Church began working as a steward when his father, a steamboat owner, took him along on his route between Memphis and New Orleans, Louisiana. Robert Church bought his first property in Memphis in 1862. He was well established by 1878-79, the years of devastating yellow fever epidemics which resulted in dramatic depopulation in the city. With property devalued, Church bought numerous businesses as well as undeveloped land, with the long-term view of their appreciation as the city recovered. He built his great wealth on this real estate. A popular account holds that he bought the first $1000 bond to help the city reduce its debt after its failure in 1878-79; this reflects his influence but has been disproved by historians."@en }

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