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Tried And True: Why Financier Mega-donors Remain Reliable Supporters Of The Liberal Arts — Inside Philanthropy
Posted on: March 14, 2019, 4:01 p.m.
It may sound counter-intuitive at first, but some of the biggest patrons for university arts initiatives hail from the world of high finance. A closer look at a $100 million gift to Harvard reveals some conceptual and practical reasons for this. Full investment news article
Relevent to this post: Harvard Management Company
Reid Hoffman,
Inside The Lives Of The Cathy Family, Heirs To Chick-fil-a Fortune
Posted on: March 14, 2019, 4:01 p.m.
The Cathys are the family behind Chick-fil-A, a popular and highly profitable fast-food chain. Dan and Bubba Cathy, the company's CEO and executive VP, have a collective reported $11 billion fortune, making them America's 15th-richest family "dynasty," according to a recent report. In 2018, Chick-fil-A generated more than $10 billion in revenue. When it comes to the Cathy family's reported $11 billion fortune, it's all about the fried chicken. That's because the Cathys are the family behind the Chick-fil-A empire. Full investment news article
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University of Nebraska Foundation,