Several decades ago one college allowed the then-unknown Howard Lutnick to study free of charge after his mom died. Once he became a millionaire he donated $65 million to the very same college.
Nowadays Howard Lutnick’s network is estimated to be $45 million. He used to have lots more before he decided to make the extremely generous donation to Haverford College – the college, which once allowed him to study free of charge.
Back in the distant 1977 Howard lost his mom to lymphoma when he was only 17 years old. Two years after that he went to study at Haverford College. Unfortunately, his father was also sick and that very same year he lost the battle to colon cancer. Howard’s bright future didn’t seem as bright anymore. Both of his parents had just passed away, he was alone and the situation seemed devastating and hopeless. However, he got a call from Robert B. Stevens, one of the officials at the college. He told Howard that the upcoming three years of his education would be completely free of charge. The future millionaire accepted the offer and continued his studies at Haverford College.
A decade after that Howard had already managed to make a name for himself. He started donating millions not only to charities, but also to the people, who once helped him stand on his feet. In 2012 Howard donated the whopping $65 million (more than he is worth right now!) to Haverford College and some of its institutions just because the college once allowed him to study free of charge. $12 million of that incredible donation went to Cantor Fitzgerald Art Gallery, because it was the place, where Howard got his very first job after graduating from college.