Robert F. Smith, the billionaire CEO of Vista Equity Partners, received an honorary degree from Morehouse College on Sunday. And he gave something back–a grant to retire the student loans of Morehouse’s 2019 graduating class. Like that an estimated $40 million in debt was gone.
Meanwhile, in other news, a titan of industry spent $90 million this week on a Jeff Koons rabbit statue. And now it will likely serve as an ornament piece in a walled-off mansion somewhere. Imagine how that money could have been put to more productive use…
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