Who Is Chicago Booth Named After

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Who the Heck is Chicago Booth Named After?

Let’s talk about business schools. You know, those places where people learn how to make money without actually having to, you know, work for it. One such place is the University of Chicago Booth School of Business. Fancy name, right? You’d think it’s named after some old, dead, really smart guy with a long white beard and a penchant for economics. Well, you’d be half-right.

Who Is Chicago Booth Named After
Who Is Chicago Booth Named After

It’s Not Who You Think

Before we dive into the real deal, let's clear up a common misconception. No, Chicago Booth isn’t named after John Wilkes Booth, the guy who shot Lincoln. That would be a seriously awkward alumni reunion.

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Meet the Real Deal: David Booth

So, who is this mysterious David Booth? Well, he’s not a ghostbuster, a politician, or even a particularly famous actor. He’s actually a pretty successful businessman and a really generous philanthropist.

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Think of David Booth as the Warren Buffet of giving. Except, instead of hoarding billions, he decided to share the wealth (or at least a big chunk of it) with his alma mater. In 2008, he dropped a cool $300 million on the University of Chicago’s business school. And for that kind of cash, they were more than happy to slap his name on the building.

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Why Did He Do It?

You might be wondering, why would someone give away that much money? Well, apart from the obvious tax benefits (just kidding, kind of), it's probably because he believes in the power of education. Or maybe he just really liked the school's pizza. Who knows?

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So, Booth is Actually a Nice Guy?

Yep, seems like it. He's not just throwing money around for fun. He’s actively involved in the school and is a strong advocate for business education. So, the next time you’re feeling down about your student loan debt, just remember, someone out there is actually giving away millions to help future business leaders.

How to...

  • How to impress your friends with business school trivia: Mention David Booth and the $300 million donation.
  • How to become a philanthropist: Start small, maybe donate to your local animal shelter.
  • How to get into Chicago Booth: Study hard, network, and have a really good reason for wanting to go there.
  • How to make $300 million: Good luck with that one. We’re still working on it.
  • How to eat pizza like a Chicagoan: Deep dish, obviously.
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Quick References
TitleDescription
luc.eduhttps://www.luc.edu
cps.eduhttps://www.cps.edu
chicago.govhttps://www.chicago.gov
suntimes.comhttps://chicago.suntimes.com
uic.eduhttps://www.uic.edu

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