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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.
From Jean Baptiste Point DuSable to Oprah Winfrey, black
entrepreneurship has helped define Chicago. Robert E. Weems Jr. and
Jason P. Chambers curate a collection of essays that place the city
as the center of the black business world in the United States.
Ranging from titans like Anthony Overton and Jesse Binga to
McDonald's operators to black organized crime, the scholars shed
light on the long-overlooked history of African American work and
entrepreneurship since the Great Migration. Together they examine
how factors like the influx of southern migrants and the city's
unique segregation patterns made Chicago a prolific incubator of
productive business development-and made building a black
metropolis as much a necessity as an opportunity. Contributors:
Jason P. Chambers, Marcia Chatelain, Will Cooley, Robert Howard,
Christopher Robert Reed, Myiti Sengstacke Rice, Clovis E. Semmes,
Juliet E. K. Walker, and Robert E. Weems Jr.
From Jean Baptiste Point DuSable to Oprah Winfrey, black
entrepreneurship has helped define Chicago. Robert E. Weems Jr. and
Jason P. Chambers curate a collection of essays that place the city
as the center of the black business world in the United States.
Ranging from titans like Anthony Overton and Jesse Binga to
McDonald’s operators to black organized crime, the scholars shed
light on the long-overlooked history of African American work and
entrepreneurship since the Great Migration. Together they examine
how factors like the influx of southern migrants and the city’s
unique segregation patterns made Chicago a prolific incubator of
productive business development—and made building a black
metropolis as much a necessity as an opportunity. Contributors:
Jason P. Chambers, Marcia Chatelain, Will Cooley, Robert Howard,
Christopher Robert Reed, Myiti Sengstacke Rice, Clovis E. Semmes,
Juliet E. K. Walker, and Robert E. Weems Jr.
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.
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