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California leads U.S. in immigrant entrepreneurship, study finds

Immigrants own 33% of California's small businesses, the highest share in the U.S., and make up 27% of the state's population. When Gloria Suen opened a retail shop in Chinatown, she and her sister knew so little English they could barely decipher the rules and regulations that govern small businesses.

 

40 Percent of Fortune 500 Companies Founded by Immigrants or Their Children

We know about immigrant founders at large technology companies, such as Intel, Google and eBay. Less well known is how many immigrants and children of immigrants have founded other successful American companies. A new report from the Partnership for a New American Economy found more than 40 percent of Fortune 500 companies were founded by immigrants or their children. Eighteen percent (or 90) of the 500 companies had immigrant founders. The children of immigrants started another 114 companies.

 

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