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Peter Bynoe

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Information about Peter Bynoe

Profile image of Peter Bynoe

Profession

Category:
BusinessMakers
Occupation(s):
Real Estate Executive

Favorites

Favorite Color:
Purple
Favorite Food:
Fried Chicken
Favorite Time of Year:
Spring
Favorite Vacation Spot:
Telluride, Colorado
Favorite Quote:
What's Up?

Birthplace

Born:
3/20/1951
Birth Location:
Boston, Massachusetts

Profession

Category:
BusinessMakers
Occupation(s):
Real Estate Executive

Favorites

Favorite Color:
Purple
Favorite Food:
Fried Chicken
Favorite Time of Year:
Spring
Favorite Vacation Spot:
Telluride, Colorado
Favorite Quote:
What's Up?

Birthplace

Born:
3/20/1951
Birth Location:
Boston
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Biography

Peter Bynoe was born in Boston, Massachusetts on March 20, 1951, to a West Indian father and an American mother, whom he credits with instilling in him the exemplary work ethic that has made him a leading entrepreneur. He received his bachelors, masters, and law degrees from Harvard University before entering the business world in 1976 as a Citibank executive intern. The following year, Bynoe became vice president of James Lowry and Associates, a position he held until 1982, when he founded Telemat Ltd., a business consulting firm.

In 1989, Peter Bynoe broke ground as the first minority owner of an NBA franchise, a goal he accomplished through a partnership with fellow Chicago entrepreneur Bertram Lee, tennis legend Arthur Ashe and Democratic National Committeee Chairman Ron Brown. This collective, headed by Bynoe, purchased the Denver Nuggets for $65 million. As the first African American owner, he set a precedent that has opened the doors of sports management for all minorities. In 1992, after designing and supervising the complete reorganization of the team, he sold his interest in the franchise.

After his involvement with the NBA, Bynoe joined the prestigious law firm of Rudnick & Wolfe, where he has served on the firm's Management Committee since 1995. For Bynoe, sports have served as a staging ground for race relations and African-American advancement. He uses his position as a lawyer to facilitate the construction of professional sports stadiums, including arenas for the Milwaukee Brewers, the San Francisco 49ers, and the Washington Redskins. Bynoe also manages some of Rudnick & Wolfe's most important clients, including Bank of America and the City of Chicago.

At the time of the interview, Peter Bynoe was heavily involved in the Chicago civic community as director of the Chicago Economic Club, Chair of the Chicago Planning Commission, and director of the Illinois Sports Facilities Authority. Bynoe also served as a director of the UniRoyal Technology Corporation.

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  • Tape: 1 Story: 1 - Photo- Peter Bynoe with John H. Johnson and Henry Louis Gates
  • Tape: 1 Story: 2 - Photo- Peter Bynoe with Colin and Alma Powell
  • Tape: 1 Story: 3 - Photo- Peter Bynoe with his wife, Linda and friend
  • Tape: 1 Story: 4 - Photo- Peter Bynoe in a publicity photo for Swissair Airlines
  • Tape: 1 Story: 5 - Photo- Portrait of Peter Bynoe and his wife Linda
  • Tape: 1 Story: 6 - Photo- Peter Bynoe with Mayor Michael Curley
  • Tape: 1 Story: 7 - Photo- Victor Bynoe Sr. with Sugar Ray Robinson
  • Tape: 1 Story: 8 - Photo- Victor Bynoe Sr. with Brooklyn Dodger, Jackie Robinson
  • Tape: 1 Story: 9 - Photo- Victor Bynoe Sr. with John F. Kennedy
  • Tape: 1 Story: 10 - Photo- Victor Bynoe Sr. with Ethiopian Emporer, Haile Selaisse
  • Tape: 1 Story: 11 - Photo- Victor Bynoe Sr. with government officials
  • Tape: 1 Story: 12 - Photo- Victor Bynoe Sr. with others
  • Tape: 1 Story: 13 - Photo- Victor Bynoe Sr. meets with others
  • Tape: 1 Story: 14 - Photo- Victor Bynoe Sr. meets with Joe Louis, the Brown Bomber
  • Tape: 1 Story: 15 - Peter Bynoe's Favorites
  • Tape: 1 Story: 16 - Peter Bynoe's fond reminiscence of childhood in Boston in the1950s
  • Tape: 1 Story: 17 - Peter Bynoe speaks of his father's trailblazing life in Boston in the 1930s and 1940s
  • Tape: 1 Story: 18 - Peter Bynoe continues on his father's philosophy of success and dealing with racism
  • Tape: 1 Story: 19 - Peter Bynoe speaks of his maternal and paternal influences
  • Tape: 1 Story: 20 - Peter Bynoe discusses whether or not having West Indian ancestry impacted his life
  • Tape: 1 Story: 21 - Peter Bynoe recalls mischeviousness in childhood
  • Tape: 1 Story: 22 - Peter Bynoe remembers his Boston neighborhood and upbringing
  • Tape: 1 Story: 23 - Peter Bynoe recalls the bucket of oil incident
  • Tape: 1 Story: 24 - Peter Bynoe talks about his father not "sparing the rod"
  • Tape: 2 Story: 1 - Peter Bynoe speaks of segregation and racism in Boston during his youth
  • Tape: 2 Story: 2 - Peter Bynoe discusses father's law practice and political involvment in Boston
  • Tape: 2 Story: 3 - Peter Bynoe speaks of his friendships and growing up during the Vietnam War era
  • Tape: 2 Story: 4 - Peter Bynoe recalls friends lost to Vietnam and illness
  • Tape: 2 Story: 5 - Peter Bynoe describes going away to Harvard and impact on his maturity
  • Tape: 2 Story: 6 - Peter Bynoe describes his skill of seizing opportunites
  • Tape: 2 Story: 7 - Peter Bynoe speaks of his undergraduate years at Harvard University
  • Tape: 2 Story: 8 - Peter Bynoe discusses the social upheaval at Harvard in the late 1960s
  • Tape: 2 Story: 9 - Peter Bynoe shares stories of helping start the Afro-American Studies Department at Harvard University
  • Tape: 3 Story: 1 - Peter Bynoe describes his decision to attend Harvard Law and Business Schools and how that led him into entrepreneurship
  • Tape: 3 Story: 2 - Peter Bynoe details his transition from corporate America to branching out and Mayor Harold Washington's influence on his career
  • Tape: 3 Story: 3 - Peter Bynoe continues his discussion on the influence of Harold Washington on his life and career
  • Tape: 3 Story: 4 - Peter Bynoe discusses mentorship by Chicago's white business elite and his life as an entrepreneur
  • Tape: 3 Story: 5 - Peter Bynoe relates his successful formula for entrepreneuship
  • Tape: 3 Story: 6 - Peter Bynoe recalls role in building the new Comiskey Park
  • Tape: 3 Story: 7 - Peter Bynoe talks about his ground-breaking venture of buying the Denver Nuggets NBA franchise
  • Tape: 3 Story: 8 - Peter Bynoe becomes the first African American managing general partner of NBA franchise and he describes the media and area response
  • Tape: 3 Story: 9 - Peter Bynoe examines the lack of black ownership of professional sports teams
  • Tape: 4 Story: 1 - Peter Bynoe reflects on his successes and future in business
  • Tape: 4 Story: 2 - Peter Bynoe reflects upon his father's influence on his life
  • Tape: 4 Story: 3 - Peter Bynoe's thoughts on African Americans and the "Digital Divide"
  • Tape: 4 Story: 4 - Peter Bynoe's hopes and reflections on 20th century black entrepreneurs sucesses
  • Tape: 4 Story: 5 - Peter Bynoe's assessment of rapid technological change and the future of black America
  • Tape: 4 Story: 6 - Peter Bynoe continues on the future of black America
  • Tape: 4 Story: 7 - Peter Bynoe reveals the businesspeople he most admires
  • Tape: 4 Story: 8 - Peter Bynoe on his legacy and what his father would think of his success