American astronomer John Wheeler was the first person to use the words 'Black Hole' way back in 1967. In 1971, 4 years after the term was used, the first Black Hole was discovered.
Clouded in mystery these highly concentrated and dense structure's vary greatly in size. Smaller Black Holes are formed when a star collapses into itself causing it to become very compact and dense. If you could imagine the size of the sun suddenly being compacted into the size of New York. This extreme density is so compact that even light won't escape from it. This is why they are so black and hard to see. Activity around a Black Hole caused by it's energy is the only way to know that a Black Hole is present.
Black Hole's have a very strong gravitational force and will pull in anything in it's way. Space dust and gasses from the galaxy will get sucked in to it which in turn allows the Black Hole to keep growing in size.
The larger Black Holes happen when several or even hundreds of smaller Black Holes merge together to form a super Black Hole. This can also happen when clusters of star's collapse at the same time.
Super Black Holes, which can be a million times bigger than the sun are believed to be at the very center of every galaxy, which also includes the Milky Way.