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BestsellerE-book
Author Weems, Robert E., 1951- author.

Title The merchant prince of Black Chicago : Anthony Overton and the building of a financial empire / Robert E. Weems Jr.

Publication Info. Urbana : University of Illinois Press, [2020]

Item Status

Description 1 online resource (xii, 210 pages)
text file
Bibliography Includes bibliographical references and index.
Summary "Born to enslaved parents, Anthony Overton became one of the leading African American entrepreneurs of the twentieth century. Overton's Chicago-based empire ranged from personal care products and media properties to insurance and finance. Yet, despite success and acclaim as the first business figure to win the NAACP's Spingarn Medal, Overton remains an enigma. Robert E. Weems Jr. restores Overton to his rightful place in American business history. Dispelling stubborn myths, he traces Overton's rise from mentorship by Booker T. Washington, through early failures, to a fateful move to Chicago in 1911. There, Overton started a popular magazine aimed at African American women that helped him dramatically grow his cosmetics firm. Overton went on to become the first African American to head a major business conglomerate, only to lose significant parts of his businesses-and his public persona as "the merchant prince of his race"-in the Depression, before rebounding once again in the early 1940s. Revealing and panoramic, The Merchant Prince of Black Chicago weaves the fascinating life story of an African American trailblazer through the eventful history of his times"-- Provided by publisher.
Contents Cover -- Title -- Copyright -- Contents -- Acknowledgments -- Introduction -- 1. Anthony Overton's Early Life: Myth versus Reality -- 2. A Star Is Born: Initial Years in Chicago -- 3. The Half-Century Magazine: 1916-1925 -- 4. Business Titan: The Douglass National Bank and the Victory Life Insurance Company -- 5. What Goes Up Must Come Down: The Impact of the Great Depression -- Epilogue: Final Years and Legacy -- Appendix A: North Carolina Mutual Life Insurance Company -- Appendix B: Atlanta Life Insurance Company -- Appendix C: Liberty Life Insurance Company
Appendix D: Victory Life Insurance Company -- Notes -- Selected Bibliography -- Index -- Back Cover
Local Note eBooks on EBSCOhost EBSCO eBook Subscription Academic Collection - North America
Subject Overton, Anthony, -1946.
African American businesspeople -- Illinois -- Chicago -- Biography.
African American businesspeople.
Illinois -- Chicago.
Genre/Form Biographies.
Subject African American capitalists and financiers -- Illinois -- Chicago -- Biography.
African American capitalists and financiers.
African American business enterprises -- History -- 20th century.
African American business enterprises.
History.
Chronological Term 20th century
1900-1999
Genre/Form Electronic books.
Electronic books.
History.
Biographies.
Other Form: Print version: Weems, Robert E., 1951- The merchant prince of Black Chicago Urbana : University of Illinois Press, [2020] 9780252043062 (DLC) 2019032957
ISBN 9780252051920 electronic book
0252051920 electronic book
9780252043062 hardcover
9780252084935 paperback