Lance Herndon was a self-made entrepreneur who rose to prominence in the 1990s as the founder and CEO of Access, Inc., a highly successful IT consulting firm based in Atlanta. Starting with little more than ambition and a sharp business acumen, he built his company from the ground up, leveraging his expertise in computer systems to secure lucrative contracts with major corporations. His relentless work ethic and knack for networking quickly set him apart, turning Access into a multimillion-dollar enterprise and solidifying his reputation as a visionary in the tech industry.

Herndon’s fame grew not just from his business success but also from his flamboyant lifestyle and philanthropic efforts, which made him a prominent figure in Atlanta’s elite circles. Known for his charisma and lavish parties, he became a symbol of Black entrepreneurial excellence during a time when the tech world lacked diversity. His ability to navigate both corporate boardrooms and high-society events showcased his versatility, further cementing his legacy as a trailblazer. By the mid-1990s, Herndon was widely recognized as one of the most influential Black businessmen in the country.

Lance Herndon’s Net Worth in 2025

As of 2025, Lance Herndon’s estimated net worth is approximately $5 million. This figure reflects his earnings from his career, investments, and other business ventures. While exact details about his financial portfolio aren’t publicly disclosed, this estimate is based on available information about his professional success and assets.

Lance Herndon’s Career

Lance Herndon built a successful career as an entrepreneur and tech consultant, founding Access Inc., a prominent IT staffing and consulting firm. His expertise in technology and business strategy helped the company thrive, earning him recognition in the industry. Herndon’s leadership and innovative approach positioned him as a key figure in Atlanta’s business community.

Lance Herndon’s Other Ventures

Beyond his primary business, Herndon explored various ventures, including real estate investments and philanthropic efforts. He was known for supporting local initiatives and mentoring aspiring entrepreneurs. His diverse interests showcased his commitment to both financial growth and community impact.

Lance Herndon’s Assets

Herndon owned multiple properties, including a luxurious home in Atlanta, and held stakes in several businesses. His asset portfolio also included high-end vehicles and investments in tech startups. These holdings contributed significantly to his overall wealth and financial stability.

Lance Herndon’s Annual Income

At the peak of his career, Herndon’s annual income was estimated to be around $1 million, primarily from his consulting firm and other business endeavors. His ability to generate consistent revenue highlighted his sharp business acumen and industry influence.

Frequently Asked Questions about  Lance Herndon

What was Lance Herndon’s estimated net worth at the time of his death?

Lance Herndon’s net worth was estimated to be around $10 million at the time of his death in 1996.

How did Lance Herndon accumulate his wealth?

Lance Herndon built his wealth through his successful IT consulting firm, Access Inc., which catered to major corporations and government agencies.

What happened to Lance Herndon’s business after his death?

After his death, Access Inc. faced challenges and eventually declined, as the company heavily relied on Herndon’s leadership and connections.

Was Lance Herndon involved in any controversies?

Yes, Lance Herndon’s personal life, including his relationships, became a subject of public scrutiny after his murder in 1996.

Who inherited Lance Herndon’s fortune after his death?

His estate was contested in court, with his ex-wife, children, and other claimants involved in legal battles over his assets.

What was the cause of Lance Herndon’s death?

Lance Herndon was murdered in his home in 1996, and the case gained significant media attention.

Were there any suspects or convictions in Lance Herndon’s murder case?

Yes, Dionne Baugh, a woman with whom Herndon had a relationship, was convicted of his murder in 1998.

Did Lance Herndon have any philanthropic endeavors?

Yes, Herndon was known for his charitable contributions, particularly in supporting educational and community initiatives in Atlanta.

What impact did Lance Herndon have on the tech industry?

As a Black entrepreneur in the 1990s, Herndon broke barriers in the IT consulting space and inspired other minority business owners.

Is there a documentary or book about Lance Herndon’s life?

Yes, his life and murder case have been featured in true-crime documentaries and articles, highlighting his success and tragic death.