April 19, 2007
$400-Million Pledge to Aid Students at Columbia U.
The media magnate John W. Kluge has promised to provide $400-million to Columbia University when he dies, the largest gift a living donor has pledged to an American college or university, according to The Chronicle of Higher Education.
Mr. Kluge, a 92-year-old self-made billionaire who attended the university on a scholarship, earmarked the money to support financial aid for students, said Lee C. Bollinger, Columbia's president.
A German immigrant who graduated from
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