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Michael Dell Gives $750 Million for Medical Hub at UT Austin

Bloomberg Technology
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Michael Dell and his wife Susan pledged $750 million to the University of Texas at Austin, marking one of the largest philanthropic gifts in U.S. higher education history. The donation will establish the UT Dell Campus for Advanced Research and the UT Dell Medical Center, focusing on life sciences and academic medicine. Funds will also support undergraduate scholarships, student housing, and a supercomputing research center, expanding UT Austin’s research capabilities. Dell, who founded his computer company in a UT dorm room, is returning to his roots with this transformative investment in the university’s future. The gift aims to position UT Austin as a leader in medical innovation and advanced computing, reinforcing its global academic standing.
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Michael Dell Gives $750 Million for Medical Hub at UT Austin

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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Billionaires:Michael Dell famously started his computer business from a University of Texas dorm room. Now he’s giving back to the school with one of the largest philanthropic commitments in American higher education. Dell and his wife, Susan, will donate $750 million to the university’s flagship Austin campus to help the school build new research centers in life sciences and academic medicine. The gift will establish the UT Dell Campus for Advanced Research and the UT Dell Medical Center, while also funding undergraduate scholarships, student housing and a supercomputing research center.

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Source: Bloomberg Technology