EducationNews

Billionaire Robert Smith shocks 400 graduating students at Morehouse College

So over the weekend, American billionaire and philanthropist, Robert Smith shocked 400 graduating students at Morehouse College.

While delivering his address durig their graduation on Sunday, Robert Smith said he’ll wipe out the student debt for the entire 2019 graduating class, which is nearly $40m!

“On behalf of the eight generations of my family who’ve been in this country, I’m going to put a little fuel in your bus. I’ve got the alumni over there, this is a challenge to you alumni. This is my class, 2019, and my family is making a grant to eliminate their student loans,” he said.

He added: “I know my class will make sure they pay this forward, because we are enough to take care of our community.”

Smith has a net worth of about $5 billion according to Forbes, and is the chairman and CEO of Vista Equity Partners, a private equity group he founded in 2000 that specialises in investing in software companies.

Smith is one of the billionaires – including Bill and Melinda Gates, Warren Buffet – to sign the Giving Pledge, committing to giving the majority of their wealth to philanthropy.

Tags

Tireni Adebayo

Tireni Adebayo is the Editor of Kemi Filani Blog. When she is not writing, she is either listening to music or reading her favorite books.Email: [email protected]

Leave a Reply

Your email address will not be published.

Back to top button
Close