Steve Ballmer Makes Giant Donation to Harvard for Laptop Science

Steve Ballmer thinks Harvard needs a few additional nerds. The earlier Microsoft CEO is making an unlimited donation to his alma mater which will fund 12 laptop science professorships — rising the size of Harvard’s laptop science faculty by 50 %. The exact amount of the current wasn’t specified, nevertheless The Harvard Crimson notes professorships on the Ivy League school worth about $5 million to endow. Meaning Ballmer’s full current is worth spherical $60 million. In a submit Thursday on enterprise info web site Quartz headlined “Steve Ballmer explains why Harvard needs additional nerds,” the retired Microsoft authorities wrote that he wanted to “assist the simplest experience at a spot the place experience could also be completely realized.” He added: “There’s, in my ideas, no place larger positioned to catch the next wave in laptop science than bigger Boston." Ballmer and his partner Connie are moreover donating $50 million to the School of Oregon as part of the varsity’s capital advertising marketing campaign. Connie Ballmer is a 1984 graduate of the school. Whereas $60 million and $50 million are nothing to sneeze at, it’s pocket change for Ballmer, whose web worth is pegged at higher than $23 billion.

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— James Eng

First revealed November 13 2014, 12:19 PM