Printer Friendly

Baltimore salutes B.E. titan.

Ten years after his death, Reginald Lewis' hometown is honoring his legacy establishing a cultural landmark. The Reginald F. Lewis Museum of Maryland American History and Culture is slated to open this year. Located near Baltimore's Inner Harbor, the 82,000-square-foot facility will be the largest museum on the East Coast dedicated to African American history and culture.

The business titan carved his name in the history books when he bought the international division of Beatrice Foods in 1987. It was the largest buyout of overseas assets by an American company, and it made Lewis the first African American to create a $1 billion empire. But the Harvard Law School-educated businessman and Baltimore native was also revered as a committed philanthropist. The same year he became chairman and CEO of TLC Beatrice International, he established the Reginald F. Lewis Foundation, which has given away mere than $10 million, including a $3 million grant to Harvard Law School. (Its International Law Center carries his name.)

A $31 million state appropriation and a $3 million match from corporate and private donations were raised for construction of the museum. To date, more than $10 million has been raised. including $5 million contributed by the Lewis Foundation to assist the museum's educational initiatives.

"There is an African saying that says as long as someone mentions his name, he lives," says Lewis' widow, Loida. "With this museum, my beloved lives a long, long time."
COPYRIGHT 2004 Earl G. Graves Publishing Co., Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:Newspoints; Reginald F. Lewis
Author:Benet, Siobhan
Publication:Black Enterprise
Article Type:Brief Article
Date:May 1, 2004
Previous Article:Black banks offer huge stock returns.
Next Article:The racial divide: campaign finance.

Related Articles
Parks Sausage is sold: Michu Corp. reportedly pays $10 million for historic company.
Look back to go forth.
Titans speak out.
TLC's Final Act.
The 2003 Teenpreneur Resource Guide. (ready, set, start).
Affordable franchises for you. (Next Month).
Discussing our financial state of affairs.
Monument to a magnate.

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters