Oprah Winfreybut there is nothing Robert Hale Jr.A telecom billionaire who didn’t hand over car keys to UMass Dartmouth graduates…but, instead, handed them cash — for himself and for others.
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You could say Hale spiced up his commencement speech to the graduates when he announced that they would each get $1,000 when they walked across the stage to receive their diplomas… but an important caveat. Was.
Hale, who founded Granite Telecommunications, told them Thursday that they would receive two envelopes… one containing $500 to keep for themselves, and the other containing a check for $500 that they wanted to donate to someone in need or to a charity. Are.
During the shower ceremony, he told the class of about 1,200 that he and his wife had found that “the greatest joy in our lives is the gift of giving.”
However, Forbes estimates his net worth to be around $5.4 billion… Hale also told the audience that his career had many ups and downs, including losing $1 billion at one point at one point.
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Considering he’s asking graduates to pay it forward, it’s a pretty good example of philanthropy… and the school awarded him its Chancellor’s Medal for his efforts.
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