Sentences with phrase «wealthy philanthropists invested»
Wealthy philanthropists invested millions of dollars into their own playbook for reforms that spread to Newark and other cities, including Chicago: Close failing schools with low enrollment and test scores; create «charter schools» that get public money but are run by private groups; and move to a business model that makes fundamental changes in hiring, firing and evaluating teachers.
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His hands still remain at value investing, in spite of being a wealthy philanthropist, and decided to give up 99 % of his wealth for philanthropic interests.
Shniberg, whose background is in data - mining tech startups, secured backing from investors such as Thomas Schimdheiny, the fourth - wealthiest man in Switzerland, Sir Harry Djanogoly, a prominent British philanthropist and art collector, and Raymond McGuire, the head of Global Banking at Citibank, investing on his own behalf.