In 2012, 1 out of every 6 Americans was Hispanic, according to the U.S. Census Bureau. By 2060, the organization predicts, that number will be 1 in 3.
Hispanic-owned U.S. businesses now stand at 3.1 million—boasting a 40 percent growth rate. And with the growth of the Hispanic community, the number of Hispanic entrepreneurs is increasing as well—especially Hispanics who immigrate to the U.S. A recent Kauffman study found that immigrants are almost twice as likely to be entrepreneurs versus native-born Americans.
The failure rate for Hispanic-owned start-ups is higher than those founded by white or Asian entrepreneurs, according to Kauffman. But there are some significant success stories as well. Here's a look at some of the most notable Hispanic entrepreneurs.
—By Chris Morris, special to CNBC.com
Posted 2 May 2015