Philanthropist Theodore “Ted” Lee passed away on Aug. 17 at 88 years old, a tremendous loss for the UNLV community. He was an advocate and namesake for the Lee Business School.
Lee and his late wife Doris saw immense potential in the Las Vegas Valley in 1969 and decided to invest and build family companies around the area. They turned around and founded casinos, and even had a company called Urban Land Companies that built a variety of industrial and retail companies in the Las Vegas area.
Their family’s impact stretched across Southern Nevada. Because they highly valued education, they sponsored UNLV’s Boyd School of Law’s first endowed professorship in law in 2001. The business college was renamed in the fall of 2011 after Lee’s $15 million donation. In doing so, the college was able to prosper and strengthen its reputation as well as create more opportunities for students at UNLV.