Business people which give back to society
The world is frequently seeing business men constructing and funding schools. In integrating their business acumen with their enormous resource banks, multi-billionaire philanthropists are in a position to facilitate worthwhile investments in academic foundations and, just as importantly, deliver a sustained source of funds to keep these establishments up and running. Infrastructural support is of critical importance in the implementation and preservation of non-profit foundations, in particular when these are of an educational purpose. Investing in the future generations through delivering a sound education, and thus desirable skillset, is something which philanthropists are progressively turning their eyes, initiatives, and funding towards.
A former Ivy League graduate, Charles Johnson, gained significant attention when he generously donated US$250m to one of the league’s institutions for higher education in Connecticut, USA. Importantly, private universities such as the one the billionaire business person donated to are highly dependent on financial philanthropy, much of which comes from its alums. In making educational donations, the former chairman of a highly distinguished worldwide investments firm can be seen as an advocate for the importance of education. Providing undergraduates universities endowed with adequate resources and an environment in which they will be stimulated. In receiving a superior education, the next generation of highly successful businessmen can emerge and give back to the foundations and establishments through which they were schooled.
A business person who is committed to being philanthropic, in particular when it comes to education is Wafic Said. Over the years the billionaire has contributed well over £50m to set up and support various academic facilities, like setting up an eponymous business school in Oxford, and has a charity dedicated to supporting disadvantaged children. In giving so much back to the community, the Syrian-born entrepreneur has accumulated quite the track record for encouraging those less privileged than himself. In his spare time, he has been an supporter for peace in his native Syria, and has been a great source of continuous cultural diversity in London, opening trendy restaurants in London’s Kensington High Street, and has additionally been helpful in strengthening the English capital’s infrastructure as an entity. The businessman has an visible enterprising flare, and it is really great to see his tremendous riches being put to such valuable use, with a particular stress on nurturing future generations.
A chairman of one of the most highly regarded hedge fund companies in the world is James Simons. The multi-billionaire has channelled much of his wealth into educational establishments on an international spectrum. In particular, his foundation in Nepal is a testament to his philanthropic ways with its training program for rural healthcare workers. The successful entrepreneur has a nous for the academic needs of the world, no doubt in light of his unrivaled schooling at the Massachusetts Institute of Technology, where he studied for a Bachelor of Science in Mathematics, and the University of California, Berkeley, where he studied for his Ph.D. in the same subject.
