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Bamberger, Louis

Born: 1855 AD
Died: 1944 AD
Nationality: American
Categories: Businessmen

1855 – Born in Baltimore, Maryland.

1892 – He came to Newark and bought at auction a failing general goods store on Market Street, renaming it L. Bamberger & Company.

1912 – The store was an immediate success, and he was able to open an ornate chateauesque building that covered a whole city block.

1928 – The store’s sales were $28 million, making it the fourth highest grossing store in the United States.

1929 – He sold his department store to R.H. Macy and Company, who kept the original Bamberger name.

1930 – He and his sister gave $5 million to fund the Institute for Advanced Study. Bamberger’s sister, Caroline Bamberger Fuld, also gave Newark money for the cherry trees in Branch Brook Park.

1944 – Died this year.