Alumnus David Booth gives $300 million to University of Chicago business school; Largest gift in the University’s history. School to be renamed in his honor.
An entrepreneur and visionary marketer who built his successful investment firm on finance principles he learned at the University of Chicago Graduate School of Business has returned the favor by making the largest donation in the University’s history and the largest gift to any business school in the world, the school announced today (Thursday, November 6).
The donor is David G. Booth, founder and chief executive of Dimensional Fund Advisors, an investment firm, his wife Suzanne Booth and their family. David Booth received an M.B.A. from the school in 1971. The combination of an up-front payment, the income stream, and the equity interest provided by the Booth gift is valued at $300 million. In recognition of the gift, the school will be renamed the University of Chicago Booth School of Business.
For more read: Press release
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