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It's the biggest gift in the business school's history and will be used to build the endowment and support academic programs, faculty research and financial aid. Since 1987, John and Marion Anderson have given almost $42 million to the school, named in their honor. From press release:
John Anderson is a current member and past chairman of the UCLA Anderson board of visitors. After he graduated from UCLA, he received an M.B.A. from the Harvard Graduate School of Business and a law degree from the Loyola University School of Law in Los Angeles. He is currently president of Topa Equities Ltd., which owns more than 42 businesses involved in agriculture, insurance, real estate, wholesale beverage distribution and automotive dealerships.
Forbes has estimated Anderson's wealth at $2.4 billion.
Mark Lacter created the LA Biz Observed blog in 2006. He posted
until the day before his death on Nov. 13, 2013.