Derrius Quarles


Derrius Quarles is an award-winning social entrepreneur, author, keynote speaker, digital marketer, and foster youth advocate. Born on the south side of Chicago, he is the Co-Founder of BREAUX Capital, and Million Dollar Scholar as well as the Founder and Chief Digital Officer of DQ and Partners.
He is the author of Million Dollar Scholar: Winning The Scholarship Race, a guide for students seeking to gain scholarships and grants for college. Winning The Scholarship Race has assisted over 40,000 students across the globe make an American higher-education more affordable and went on to make the Amazon education bestseller list in the counseling category. Derrius and his vision to impact higher education affordability through Winning The Scholarship Race have been featured on CNN, NBC News, and MTV2. As a writer, Derrius' first op-ed, "To Be a Black Man In An Office Full of White People" has been read over 100,000 times and is one of LinkedIn's most read articles on race and culture in workplace environments.
In 2013, Derrius was invited to the White House, where he was awarded the Points of Light Daily Point of Light Award for his activism with Million Dollar Scholar.
In 2017 he was featured on the Black Enterprise List of 100 Modern Men and named an Entrepreneur-in-Residence at TED through the TED Residency Program. As a part of his Residency, Derrius wrote and delivered the TED Talk "How banks are failing African-Americans". In 2018, Derrius Quarles and his company BREAUX Capital were named to the Inc. Magazine list of 30 Under 30 companies.
Derrius has lectured, performed poetry, contributed to panel discussions, and facilitated workshops in over 25 US states. He travels the country speaking on the topics of race and Black culture, funding college and higher education, youth leadership development, social justice, social entrepreneurship, financial wellness, child welfare advocacy, and black male achievement. He has been a keynote speaker at various venues including Harvard University, the United Nations, and TED. The Associated Press, HuffPost, Time Magazine, and BET amongst others have highlighted his continuing activism and entrepreneurial innovation.

Million Dollar Scholar

Quarles co-founded Million Dollar Scholar after securing over 1.1 million dollars in scholarship awards before graduating from Kenwood Academy High School in 2009 and being coined "a million dollar scholar" by education journalist Stephanie Banchero of the Chicago Tribune. As a first-generation college student, he went on to attend and graduate cum laude from Morehouse College. During his matriculation at Morehouse in sociology, biology, and public health, he studied the relationship between obesity, hypertension, and diabetes within inner-city Food desert environments and wrote the thesis, Falling Through The Cracks which examined the United States’ child welfare system and race-related inequities. He and co-founder Ras Asan Olugbenga secured the majority of Million Dollar Scholar's early investments by winning top prizes from some of the most prestigious and competitive entrepreneurship competitions across the United States including the: Yale School of Management Education Business Plan Competition, Tavis Smiley Social Innovation Challenge, and Miller Lite’s Tap The Future Competition. To date, Million Dollar Scholar has assisted students in gaining over $5,500,000 in scholarships and grants for post-secondary education through its online platform and impacted the lives of over 55,000 low-income students in the United States.

BREAUX Capital

Derrius is Co-Founder and Chief Executive Officer of BREAUX Capital, the first financial technology startup for Black millennials, which provides a financial health platform where members can pool their capital, and invest collectively, and gain financial knowledge via peer networks. BREAUX Capital helps enhance the financial wellness of the 70% of Black millennials who self-report that they are not in a financially healthy position through a combination of software that automates savings behavior, peer crowdsourced knowledge, and culture. BREAUX Capital is built upon primary research performed while studying education entrepreneurship at the University of Pennsylvania Graduate School of Education. In May 2016, BREAUX Capital secured a grant from the National Science Foundation’s I-Corps Program to perform market research and collect data on the overall financial wellness of Black millennials and the factors that impact the ability of Black millennials to be financially healthy. In April 2018, Inc. Magazine included Derrius and BREAUX Capital co-founder Ras Asan on its list of 30 Under 30 entrepreneurs, highlighting their innovative business model of engaging Black males millennials to automate their savings for long-term asset accumulation.

Other Entrepreneurial Activities

Beyond co-founding Million Dollar Scholar and BREAUX Capital, Derrius’ entrepreneurial pursuits include being the Founder of DQ and Partners, a website design company that assists creatives of color, very early-stage companies, and non-profit organizations with website creation and brand development in combination with business and promotional strategy. DQ and Partners is a Certified Squarespace Specialist through the Squarespace Circle Program and a member of the American Institute of Graphic Arts.
He is also the co-creator of TechGroove, the first technology and culture festival for college students of color. The first annual TechGroove Fest was held in April 2017 at the Atlanta University Center and 100+ college students from institutions across Atlanta attended with Tinder, LinkedIn, and Mozilla being key sponsors.

Books