- Private equity billionaire Robert F. Smith isn’t just going to pay off the Morehouse class of 201 9’s student loans as he promised at their graduation — he’s now promising to pay off their parents’ educational debt too.
- The gift will cost Smith $34 million, the historically black college said in a press release September 20.
- Smith has a net worth of $6.08 billion, according to the Bloomberg Billionaires Index.
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In May, private equity billionaire Robert F. Smith announced he’d be setting up a grant to wipe out the entire Morehouse College read more >>>