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Black inventors in construction

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          The Black Banking Empire of Jesse Binga

          During segregation, black homeowners and small businesspeople often struggled to obtain loans from white-​owned banks. Jesse Binga saw that demand and started one of the nation’s first black-​owned banks.

          Michael Scott is a Denver and Chicago based independent journalist.

          He has written numerous articles on libertarian themes with published credits at Nas​daq​.com, Reason Magazine, and Bitcoin Magazine, among numerous others. Michael is also the global ambassador of “Great Books, Great Minds,” a project which fuels collisions between authors and readers one book at a time.

          Jesse Binga was Chicago’s first black banker, a real estate titan, civic leader, and eventual millionaire.

          Born in Detroit on April 10, 1865, four days before President Abraham Lincoln was assassinated, Binga was one of ten children.

          His father, William W. Binga, was a barber, at the time an important job for upwardly mobile freedp