Versuchen GOLD - Frei
Like a Black Gatsby with Nick Carraway at His Side
The Philippine Star
|July 20, 2025
As far as memoir titles go, 1995's Why Should White Guys Have All the Fun?—the story of Reginald F. Lewis, the first Black business tycoon in America—has to rank among the best; it captures the personality, zeal, and ambition of the guy who orchestrated one of the biggest leveraged buyouts in history, purchasing Beatrice International for close to $1 billion and becoming the richest Black American in the process.
As far as memoir titles go, 1995's Why Should White Guys Have All the Fun?—the story of Reginald F. Lewis, the first Black business tycoon in America—has to rank among the best; it captures the personality, zeal, and ambition of the guy who orchestrated one of the biggest leveraged buyouts in history, purchasing Beatrice International for close to $1 billion and becoming the richest Black American in the process.
Right next to him through all of this was a Filipino public relations maverick named Rene "Butch" Meily, and his account—From Manila to Wall Street: An Immigrant's Journey with America's First Black Tycoon—does something else: it gives us a front-row seat to the biggest deals in that era of junk bonds, Michael Milken, and Michael Douglas declaring "Greed is good" in the movie Wall Street.
It's also an entertaining, well-paced read, taking us through Meily's early days, being recruited by Lewis in his rising TLC (The Lewis Corporation) from New York PR firm Burson Marstellar in 1987, all the way through the businessman's untimely death from brain cancer in 1993. Along the way, TLC acquired Beatrice International, harnessing scores of European food brands, selling off most of its pieces, and coming out way ahead.
We meet some of the business names of the era, like Milken, who helped finance the Beatrice buyout, and later ended up in prison for insider trading (he was pardoned by President Donald Trump during his first term).
Meily, who has written for The Wall Street Journal, The Baltimore Sun, and also
Diese Geschichte stammt aus der July 20, 2025-Ausgabe von The Philippine Star.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON The Philippine Star
The Philippine Star
LOVE IT OR HATE IT, 'QUEZON' ISN'T A FILM YOU CAN EASILY IGNORE
Jericho Rosales' portrayal of Manuel L. Quezon, the first president of the Philippine Commonwealth, is powerful, nuanced and brimming with conviction. He inhabits the role with intelligence and emotional honesty, showcasing his depth and maturity as an actor. No surprise if he takes home multiple Best Actor awards next year.
4 mins
November 03, 2025
The Philippine Star
Gibo to Asean: Condemn nature reserve declaration
Defense Secretary Gilbert Teodoro has called on his counterparts in Southeast Asia to condemn the harassment being perpetrated against Filipino fisherfolk in the West Philippine Sea (WPS), who are denied the right to fish in sovereign waters.
1 mins
November 03, 2025
The Philippine Star
Gatchalian wants P49-B medical aid realigned
The government's P49-billion medical assistance fund for indigent patients may be realigned to strengthen the zero-balance billing program, under a proposal by Sen. Sherwin Gatchalian, who said health care access should not depend on politicians’ discretion.
1 min
November 03, 2025
The Philippine Star
'BEAUTY AND THE BEAST' IS SET TO ENCHANT YOU IN SINGAPORE IN DECEMBER
The world has been enchanted by Disney's Beauty and the Beast for over 30 years now, starting with the original animated film that hit theaters in 1991 and became the first animated movie to receive a Best Picture nomination at the Oscars.
6 mins
November 03, 2025
The Philippine Star
BBM meets with Chile, South Korea leaders
President Marcos arrived in Manila yesterday following his participation in the Asia-Pacific Economic Cooperation (APEC) Summit in South Korea.
3 mins
November 03, 2025
The Philippine Star
CHAD BORJA MAKES MEDELLIN IN CEBU BENEFICIARY OF COMEBACK SHOW
The September 30 earthquake, which had Bogo, Cebu as the epicenter, killed a number of people, destroyed hundreds of houses and devastated thousands of individuals.
5 mins
November 03, 2025
The Philippine Star
Xi delivers veiled warning to nations not to take the US' side
Chinese leader Xi Jinping, the de facto geopolitical heavyweight at an Asia-Pacific economic summit, on Friday courted countries for trade and investment, but also implicitly warned them not to join the United States in reducing the world's reliance on Chinese supply chains.
1 mins
November 03, 2025
The Philippine Star
'Inflation stays below 2% in Oct'
Price growth seen below target for 8th straight month
2 mins
November 03, 2025
The Philippine Star
Raps vs anti-Discaya protester junked
Environmental activist Jonila Castro did not lead or organize the Sept. 4 protest at the Discaya-owned St. Gerrard Construction office in Pasig, according to the city prosecutor's office.
1 min
November 03, 2025
The Philippine Star
Left behind, again!
According to reports from Kuala Lumpur where the ASEAN Summit conference was held last week, the US granted a zero percent import tariff exemption to three outheast Asian countries — Thailand, Malaysia and Cambodia — under new trade agreements approved directly by US President Donald Trump.
4 mins
November 03, 2025
Listen
Translate
Change font size
