The Chronicle of Philanthropy

Gambling on Education

An oil-company founder places a bet on Denver's needy students

Denver

Tim Marquez co-founded an oil company, Venoco, with $3,000 in 1992, and turned that investment into a personal fortune now worth more than $500-million. He discovered a profitable niche by milking oil fields that bigger companies had all but abandoned, used the implosion of Enron...

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