Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

4 of 6
BACKNEXT
Ming Hsieh
Donation: $50 million to USC at Los Angeles

Ming Hsieh has left his mark at his alma mater, the University of Southern California at Los Angeles. First he went onto found tech behemoths AMAX and Cogent. Then in 2006, he donated $35 million to the school's electrical engineering department -- which was subsequently named after him.

In 2010, Hsieh made an even bigger donation: $50 million to establish the USC Ming Hsieh Institute for Research on Engineering Medicine for Cancer.

Hsieh said in a speech that the center will "accelerate the pace of getting the new medicines from the lab to the cancer patients," as well as bridge the USC campus itself.



NEXT: Larry Ellison
Last updated February 06 2011: 7:06 PM ET
More Galleries
The 7 biggest investment mistakes celebrities make From betting too heavily on real estate to overestimating future earnings, here are 7 of the most common money mistakes that celebrities make. More
Cotton candy, toothpicks, pet gel -- these products are all made from marijuana Legal cannabis, an estimated $5.4 billion industry, is drawing in entrepreneurs with a variety of innovative products -- from skin patches to pain relief gel for pets. More
Coolest hotel bars for business travelers CNNMoney asked two concierge services for high-flying business people what hotel bars they'd recommend in 5 major U.S. cities. Here are their favorite spots. More

Special Offer