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Benzinga
  • 3 hours ago
Michael and Susan Dell will donate $750M to the University of Texas at Austin, funding research centers in life sciences and academic medicine, scholarships, student housing, and a supercomputing center. The gift creates the UT Dell Campus for Advanced Research and UT Dell Medical Center, which will integrate with MD Anderson Cancer Center. The couple's total donations to UT now exceed $1B. Dell's net worth stands at ~$174B.
Transcript
00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Michael Dell and Susan Dell will donate $750 million to the University of Texas at Austin,
00:09according to Bloomberg. The donation will fund new research centers in life sciences and academic
00:14medicine, scholarships, student housing, and a supercomputing center. The gift will create
00:20the UT Dell Campus for Advanced Research and the UT Dell Medical Center. The couple's total
00:26donations to the university now exceed $1 billion. In a statement, the Dell said,
00:31combining medicine, science, and computing on one AI-focused campus will expand opportunity,
00:37improve outcomes, and strengthen communities across Texas and beyond. The medical center will
00:43integrate with the University of Texas M.D. Anderson Cancer Center to support early detection
00:47and personalized care. Dell, founder of Dell Technologies, is ranked the world's seventh
00:53richest person with a net worth of about $174 billion, according to the Bloomberg Billionaires
00:58Index. For all things money, visit Benzinga.com.
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