Book Review | The Rise and Fall of Chicago's First Black Banker

Book Overview

The Book: Binga: The Rise and Fall of Chicago's First Black Banker

Covering a critical moment in the history of Black capitalism and achievement in the 20th Century, Don Hayner’s Binga is an incredible work that chronicles the life of Jesse Binga, the first Black person to own a bank in the city of Chicago.  From his humble beginnings as a fruit peddler to his ascension to the top of the banking and real estate world, each twist and turn of Jesse Binga’s life provides an insightful lesson about race, class, racism, and ambition.  Published in 2019, this book is an asset for students seeking context on the economic conditions of today’s Black community.  

Reviewed By: Dr. DeWitt Scott 

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Literacy Kings breaks down popular financial books in a culturally relevant way for people of color who have been marginalized. Our podcast is a mix of education, entertainment, business, investing, and the break down of important finance trends. Host Corey Paul (Rapper and Entrepreneur) and JaMorcus Trayham, MBA (Investor and Teacher) grew up in a neighborhood with a 30% drop out rate and didn’t start reading books until we were adults. Our lives changed! If you're trying to learn more about money, building generational wealth, entrepreneurship, business, or investing, plug in!

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