Robert F. Smith is the richest black man in America, and one of only four to currently have a net worth of more than one billion dollars. [mc4wp_form id=”6042″] The son of two Denver-based school teachers, he earned degrees from Cornell University and Columbia Business School before founding Vista Equity Partners, a private equity firm […]
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Robert Smith, Slayer of Student Debt at Morehouse College | Bloomberg Businessweek
In May, he pledged to pay off $34 million of loans for its graduating class. [mc4wp_form id=”6042″] His commencement address in May offered the usual inspirational platitudes and advice to serve the common good. But then Smith—whose personal worth is about $6 billion, according to Bloomberg data, which makes him the wealthiest black American—followed up […]
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Robert Smith’s Real Gift to Morehouse | The Atlantic
The billionaire didn’t just pay off graduates’ debts; he offered an invaluable lesson about the real nature of individual success.
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What Happens When a Billionaire Swoops In to Solve the Student-Debt Crisis | The Atlantic
A philanthropist surprised Morehouse College graduates at commencement by announcing he would pay off their student loans. But one person—even a very generous one—can only do so much.
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