A (very) generous donation.
Ruth Gottesman, 93, donated a billion dollars to the Albert Einstein College of Medicine, located in the Bronx, New York, as reported by our colleagues at the
New York Times
this Monday, February 26.
Ruth Gottesman is a former school professor and widow of a Wall Street financier.
She decided that this donation would be dedicated to covering the tuition costs of all future students.
In fact, these tuition fees amount to more than
“$59,000 per year”
, specifies Ruth Gottesman to the American media.
In fact, many students finish their studies with debts often exceeding $200,000.
Paving the way for other students
In a video published on could not afford to continue their medical studies.
According to the
New York Times
, this donation is among the largest ever made to an educational institution in the United States, and quite possibly the largest to a medical school.
Additionally, this donation is intended for a medical facility in the Bronx, the poorest borough in New York.
Ruth Gottesman's fortune comes from her late husband, David Gottesman, former protégé of a famous American billionaire, who left her a portfolio of Berkshire Hathaway shares with the sole instruction:
"Do with it what you see fit
. "