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Hamilton Spectator: Amazing $40m gift [Bob Young’s aunt donates $40 million to local charity]

[ Thanks to theGEEK
for this link. ]

“As gifts go, it’s giant. Like a magician, Joyce Young
pulled $40 million out of Red Hat Inc. and gave it to the Hamilton
Community Foundation.”

“Young, who lives in Ancaster, became a multimillionaire by
investing five and a half years ago in a fledgling
software-development company founded by her nephew, Bob Young.”

“Joyce is quoted as saying: “While I respect Bob as a
businessman, I quite honestly never thought I’d see my money again.
I really just wanted to support him. After holding the company’s
stock for three years, I took out my original investment, and left
some money in just for fun.””

Complete
Story

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