Companies > World

Meet the Billionaire Paying Off the Student Loans of Morehouse College's Class of 2019

3 monthes ago   |   By Fortune

Don't be too hard on yourself if you've never heard of Robert F. Smith, the billionaire who gave 400 graduates of Morehouse College the best graduation present of all time Sunday.
A tech executive and philanthropist, Smith has managed to largely stay under the radar despite his riches. That changed when he announced during his commencement speech at the school that he would be paying off the student loans of all of this year's graduates.
“On behalf of the eight generations of my family who have been in this country, we're going to put a little fuel in your bus,” said Smith. “This is my...
Read more ...

 

Robert Smith Forgives the Student Loan Debt for 400 Morehouse Graduates

3 monthes ago   |   By Fortune

Today's raceAhead holds space for all the extraordinary college commencement speakers and honorary degree recipients who spoke from the heart this past weekend, nailed it, and then checked the news.
We know you did your very best.
But this this speech , delivered yesterday at Morehouse College by Robert Smith, the billionaire founder of Vista Equity Partners, is simply one for the ages:
"Men of Morehouse, you are surrounded by people who have helped you arrive at this sacred place on this sacred day," he said to the crowd. And then he paused. "On behalf of the eight generations of my...
Read more ...

 

A look at the life of Robert F. Smith, the billionaire investor paying off student loans who owns homes in Malibu and NYC, and married a former Playboy model in a lavish Italian ceremony

A look at the life of Robert F. Smith, the billionaire investor paying off student loans who owns homes in Malibu and NYC, and married a former Playboy model in a lavish Italian ceremony

3 monthes ago   |   By Chron

Marcus Ingram/Getty Images
Robert F. Smith is a billionaire tech investor and philanthropist who founded and serves as CEO of Vista Equity Partners.
Smith just announced he will pay off the student debt of the entire graduating class of 2019 of Morehouse College in Georgia.
His grant to the class is reportedly estimated at $40 million.
Smith is worth an estimated $5 billion , according to Forbes.
Visit Business Insider's homepage for more stories.
Robert F. Smith, CEO and founder of private...
Read more ...

 

Meet Robert F. Smith, the billionaire tech investor who just pledged to pay off the student loans of a college's entire graduating class

Meet Robert F. Smith, the billionaire tech investor who just pledged to pay off the student loans of a college's entire graduating class

3 monthes ago   |   By Business Insider

Robert F. Smith is a billionaire tech investor and philanthropist who founded and serves as CEO of Vista Equity Partners.
Smith just announced he will pay off the student debt of the entire graduating class of 2019 of Morehouse College in Georgia.
His grant to the class is reportedly estimated at $40 million.
Smith is worth an estimated $5 billion , according to Forbes.
Visit Business Insider's homepage for more stories.
Robert F. Smith, CEO and founder of private equity firm Vista Equity Partners , just announced he will pay off the student debt of the entire graduating class of 2019 of...
Read more ...

 

Without student debt, Morehouse graduates will have more options, from careers to homes

3 monthes ago   |   By CNBC

Nearly 400 young men at Morehouse College learned on Sunday that their commencement speaker - billionaire investor Robert F. Smith - would pay off their student loans. Here's how that could change their lives.
Read more ...

 

Meet Robert F. Smith, the billionaire tech investor who surprised Morehouse College's graduating class by announcing he'd pay off all their student loans

Meet Robert F. Smith, the billionaire tech investor who surprised Morehouse College's graduating class by announcing he'd pay off all their student loans

3 monthes ago   |   By Business Insider

Billionaire tech investor and philanthropist Robert F. Smith announced in his commencement speech at Morehouse College that he would be be paying off all of the student loans for the class of 2019.
Smith is the founder and CEO of private equity firm Vista Entity Partners, and he has also worked at Kraft Foods and Goodyear Tire.
He has a chemical engineering degree from Cornell University and a master's degree in business from Columbia University.
He married model and actress Hope Dworaczyk in an elaborate Italian ceremony in 2015, complete with performances by John Legend and Seal.
Visit...
Read more ...

 

A billionaire's vow to pay Morehouse graduates' loans isn't a surprise move, it's just the newest trend in the student-debt crisis

A billionaire's vow to pay Morehouse graduates' loans isn't a surprise move, it's just the newest trend in the student-debt crisis

3 monthes ago   |   By Business Insider

Private-equity tycoon Robert F. Smith vowed Sunday to donate a reported $40 million to pay off student loan debt for Morehouse College's graduating class of 2019.
While the rich have given universities generous gifts for decades, billionaires are addressing the ballooning student-debt crisis directly by paying the tuition of incoming students or writing checks for recent grads.
Home Depot co-founder Ken Langone recently donated $100 million to help make NYU a tuition-free medical school.
Visit Business Insider's homepage for more stories.
Investor Robert F. Smith, who's ranked by Forbes as...
Read more ...

 


Search by Tags

   World      Bloomberg      Index      Tech      Management      Briefing      Vista Equity Partners      Places      Commentary      Leadership      Corporate life      Diversity      Race      RaceAhead      Racism      Business      Careers      Career      Trends      Trend      Moving  


46-year-old kicker Adam Vinatieri appears to tease an imminent retirement...

46-year-old kicker Adam Vinatieri appears to tease an imminent retirement after missing 2 extra points on Sunday

Mark J. Terrill/AP Adam Vinatieri offered an ominous post-game quote after the Indianapolis Colts' win on Sunday that seemed to infer he was planning to retire this... Read more ...

Joe Biden reportedly praised pharmaceutical companies at a private party...

Joe Biden reportedly praised pharmaceutical companies at a private party despite publicly railing against high drug prices

Getty Images/Sean Rayford Former Vice President and Democratic presidential contender Joe Biden privately praised pharmaceutical companies, despite publicly supporting... Read more ...

Miami Dolphins put forth another pathetic effort, losing to Patriots 43-0 as...

Miami Dolphins put forth another pathetic effort, losing to Patriots 43-0 as tanking efforts appear to be working

The Miami Dolphins got shut out by the New England Patriots on Sunday in their second embarrassing loss of a season that is just two games old. The most painful part of the... Read more ...

Joe Biden reportedly praised pharmaceutical companies at a private party...

Joe Biden reportedly praised pharmaceutical companies at a private party despite publicly railing against high drug prices

Former Vice President and Democratic presidential contender Joe Biden privately praised pharmaceutical companies, despite publicly supporting initiatives to cut drug... Read more ...

A GOP pollster said $2 billion will be spent in the 2020 election on...

A GOP pollster said $2 billion will be spent in the 2020 election on convincing 6% of voters which party to vote for

Republican pollster Frank Luntz told Business Insider Today that candidates in the 2020 presidential election are on track to spend $2 billion on trying to sway 1.2% of the US... Read more ...

Ask the Expert: What Role Does Leadership Play in Growth?

Ask the Expert: What Role Does Leadership Play in Growth?

Today's Ask the Expert column features Bill Scavone , president and COO of Weichert Real Estate Affiliates, Inc. Q: How much of a factor do you think leadership plays in... Read more ...

Antonio Brown scores his first touchdown with the New England Patriots

Antonio Brown scores his first touchdown with the New England Patriots

Antonio Brown scored his first touchdown with the New England Patriots on Sunday against the Miami Dolphins. Brown's score comes after a tumultuous offseason that included a... Read more ...

'Hustlers' gave Jennifer Lopez the biggest live-action box office opening of...

'Hustlers' gave Jennifer Lopez the biggest live-action box office opening of her career with $33.2 million

STXfilms' "Hustlers" wins the domestic box office with a $33.2 million opening. That's the best opening weekend ever for STXfilms and for a Jennifer Lopez live-action... Read more ...

10 times Bill Belichick outsmarted the entire NFL

10 times Bill Belichick outsmarted the entire NFL

Bill Belichick is the NFL's top coach - and he's started the 2019 season dominant, as always. Belichick outsmarts his opponents by turning his final round draft picks into... Read more ...

Here's what all the new colors for the iPhone 11 and iPhone 11 Pro look like...

Here's what all the new colors for the iPhone 11 and iPhone 11 Pro look like in person

Apple's iPhone 11, iPhone 11 Pro, and iPhone 11 Pro Max come in new colors ranging from purple to green to yellow for the iPhone 11 and midnight green for the iPhone 11... Read more ...