Milestone Achieved & History Made

Eugene Mitchell is president and CEO of E. Mitchell Enterprises, LLC, a financial consulting and services firm. He is also the author of the book: Closing the Racial Wealth Gap—7 Untold Rules for Black Prosperity and Legacy!

Prior to starting his own company, Eugene spent nearly two decades as a Corporate Vice President and African-American Market Manager at New York Life Insurance Company- a position he created. He was responsible for developing and executing the company’s national recruiting, sales, and marketing campaigns within the African-American community. He also oversaw and supported the development, retention, and promotion of 1,500+ African American Market agents and managers.

In 2011, Eugene developed and initiated the $50 Billion Community Empowerment Plan – an initiative to accumulate $50 billion of in-force life insurance, intended to create a strong and sustainable intergenerational wealth stream within African American families, businesses, institutions and organizations. On July 30, 2017, Eugene and his team crossed the $50 billion milestone.

‘…50 years after the passing of the Civil Rights Act, we have now created $50 billion for our next generation in the Black community!’

Article in the Washington Informer, August 2017

History made

Standing on the Shoulders

Driven by a greater purpose, and grounded in a higher faith, Eugene is proudly standing on the shoulders of Civil Rights leader Cirilo McSween, treasurer for Rev. Dr. Martin Luther King at the Southern Christian Leadership Conference (SCLC), and the first Black life insurance agent in the country to cross the color barrier in 1957 to work at a large White insurance company. Mr. McSween passed the baton to Eugene in 2008 to continue the work of economic empowerment, and a focus on helping everyone create an estate and leave a legacy for future generations that will support and strengthen our communities.

Eugene earned his MBA from New York University’s Stern School of Business, and his B.A. in Finance from Florida International University. He and his family live in New York City.