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The merchant prince of Black Chicago : Anthony Overton and the building of a financial empire

Author: Robert E Weems
Publisher: Urbana : University of Illinois Press, [2020]
Edition/Format:   eBook : Document : Biography : EnglishView all editions and formats
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  Read more...
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Genre/Form: Electronic books
Biographies
History
Biography
Additional Physical Format: Print version:
Weems, Robert E., 1951-
The merchant prince of Black Chicago
Urbana : University of Illinois Press, [2020]
(DLC) 2019032957
Named Person: Anthony Overton
Material Type: Biography, Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Robert E Weems
ISBN: 9780252051920 0252051920
OCLC Number: 1124798487
Description: 1 online resource (xii, 210 pages)
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
Responsibility: Robert E. Weems Jr.

Abstract:

"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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"Drawing on a wealth of previously unexplored primary sources, Weems's seminal study of the Overton conglomerate makes for a tremendous contribution to the expanding field of African American Read more...

 
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