Inside the C-Suite 16—a group of ultra-rich fans using their combined net worth of $357 billion to bankroll the schools in the 2025 NCAA men’s basketball tournament.
Ducks in a Row: Nike cofounder Phil Knight has donated more than $1 billion to Oregon, his alma mater, including a $100 million gift to the athletics department in 2007.Inside the C-Suite 16—a group of ultra-rich fans using their combined net worth of $357 billion to bankroll the schools in the 2025 NCAA men’s basketball tournament.
) has bolstered the University of Maryland’s athletics department or that David Booth, who cofounded Dimensional Fund Advisors and is worthof Jimmy Rane, founder of Great Southern Wood Preserving, which makes decks, fences and other treated lumber products. But it’s not just powerhouse programs with access to deep pockets.at St. John’s University, culminating in the program’s first Big East Tournament title in 25 years under the Red Storm’s second-year coach, Hall of Famer Rick Pitino. Meanwhile, Ryan Smith, cofounder of enterprise software company Qualtrics and the owner of the NBA’s Utah Jazz and the NHL’s Utah Hockey Club, has aof A.J. Dybantsa for next year’s team, meeting with the top-ranked basketball prospect’s father and financial advisor With the 71-year-old Jimmy, who owns the NFL’s Cleveland Browns and MLS’s Columbus Crew, and his brother—former Tennessee governor Bill Haslam, himself worth anThe 66-year-old cofounder of Hilcorp, one of the country’s largest privately owned oil companies, Hildebrand has drawn attention for the lavish bonuses he has given the company’s employees, includingin 2015 after Hilcorp doubled its production. The generosity extends to Hildebrand’s alma mater, Texas A&M. In 2014, he and the universitynamed after his father, with the facility containing an arena and barn for the Aggies’ equestrian team as well as spaces for teaching and research.In 1985, Montana received $1 million toward the construction of its $3.2 million football stadium from Washington, whose conglomerate owns businesses in industries including copper mining and marine transportation. Four decades later, the 90-year-old patriarch’s sons, Kyle and Kevin, have continued to direct money to the university from the foundation Washington created with his wife, Phyllis, and their family name adorns not only the stadium but also the university’s training center, education school and amphitheater.in 2023 to give the university’s football stadium a facelift—the largest gift in school history. The Tigers’ athletics department immediately launched a fundraising campaign to match Smith’s commitment.One of 13 billionaire heirs to the Pritzker family fortune, which includes Hyatt Hotels, the 64-year-old Anthony runs the Pritzker Group, an investment firm, and is CEO and chairman of Pritzker Private Capital, which spun out from the Pritzker Group in 2017 and invests in middle-market companies. He also served as co-chairman of UCLA’s centennial fundraising campaign in 2020, and the foundation he started with his now-ex-wife, Jeanne, has contributed to the Bruins’ athletics department as well as a number of academic initiatives, including $30 million for a psychology building and $15 million toward UCLA’s Institute of the Environment and Sustainability.The 68-year-old granddaughter of the founder of Stryker Corporation, which sells medical equipment, Stryker started the Bohemian Foundation. The philanthropic groupBaylor’s football stadium, which opened in 2014, is named after the 88-year-old McLane, who initiated the construction fundraising campaign. In his day job, McLane expanded his family’s grocery distribution company, eventually selling it to his friend Sam Walton in 1991 in exchange for $50 million in cash and 10.4 million shares of Walmart stock. He also owned MLB’s Houston Astros from 1992 to 2011. McLane has company in the three-comma club of Baylor boosters with Paul Foster, 67, who sold his oil business Western Refining in 2017 and is worth an. Along with his wife, Alejandra de la Vega-Foster, a co-owner of three sports teams in Texas and Mexico, Foster madeto the school in 2019, with some of the cash going toward the construction of a new basketball arena that bears their name.Rubenstein is one of the three billionaire founders of private equity behemoth Carlyle Group, which manages more than $400 billion in assets, and serves as co-chairman of the firm’s board. The 75-year-old former lawyer is also the principal owner of MLB’s Baltimore Orioles, having led the group that bought the team last year at. Financial aid allowed Rubenstein to become the first member of his family to attend college, at Duke, and he has paid back that investment with a string of substantial gifts to the university, including
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