A telco billionaire gave $1,000 each to 2,500 Boston college graduates and encouraged them to donate half of it, calling it a 'gift of giving'
Hale isn't the only billionaire donating to college students recently — although his gift is unusual in that it went direct to the recipients.
Billionaires typically donate to the colleges themselves, such as in the case of Ken Griffin, founder of hedge fund Citadel,Hale and his wife Karen are active philanthropists, donating about $1 million each week in 2022 to 52 nonprofits, Hale did not immediately respond to Insider's request for comment sent via Granite Telecommunications outside regular business hours.Subscribe to push notifications
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