Billionaire philanthropist MacKenzie Scott has donated $70 million to the UNCF, as the nation’s largest private provider of scholarships to minority students works to raise $1 billion to strengthen all 37 of its historically Black colleges and universities. The gift is one of Scott’s largest single donations ever and among the first to be publicly disclosed in 2025. Famously private, …
Read More »Tag Archives: financially
MacKenzie Scott gives $70 million to UNCF to financially strengthen HBCUs
NEW YORK (AP) — Billionaire philanthropist MacKenzie Scott has donated $70 million to the UNCF, as the nation’s largest private provider of scholarships to minority students works to raise $1 billion to strengthen all 37 of its historically Black colleges and universities. The gift is one of Scott’s largest single donations ever and among the first to be publicly disclosed …
Read More »Billionaire Tyler Perry reveals why he fired his aunt and financially cut off family members: I’m not ‘welfare’
Tyler Perry is keeping his (credit) cards close to his chest. The media mogul, who amassed a net worth upwards of $1.4 billion, revealed that he doesn’t believe in providing family members with handouts. What’s more, the Hollywood filmmaker said that he once went so far as to fire his aunt from a job because she didn’t take it seriously …
Read More »The Lakers are now financially stuck after signing Marcus Smart
Despite entering the offseason well above the salary cap, the Lakers have been busy since free agency began. They split their $14.1 million non-taxpayer mid-level exception between Deandre Ayton and Jake LaRavia, and they just signed Marcus Smart to a two-year, $10.5 million deal via the bi-annual exception. Prior to signing Smart, the Lakers were already hard-capped at the first …
Read More »