Lorry Lokey Net Worth, spouse, young children, awards, movies

$300,000,000

Lorry Lokey is a famous American businessman and philanthropist, known for his incredible net worth of $300 million. Born in Portland, Oregon in 1927, Lokey’s success stems from his brilliant entrepreneurship in starting the news release service Business Wire, which he sold in 2006 for a staggering $600 million to Warren Buffett’s corporation Berkshire Hathaway.

Throughout his career, Lokey has used his wealth to make significant donations, with over $400 million given by 2007. His biggest contributions have been towards secondary and post-secondary education, including an impressive donation of just under $140 million to the University of Oregon. With his unwavering commitment to philanthropy, Lokey’s impact on the education and research sectors will be felt for generations to come.

Key facts:

Lorry Lokey is an American businessman and philanthropist.

He fought in World War II before graduating from Stanford University with a degree in journalism.

In 1961, he started the news release service Business Wire, which grew into an international wire service with 30 locations worldwide.

Lokey sold Business Wire in 2006 for a reported $600 million to Warren Buffett's corporation Berkshire Hathaway.

Since 199, Lokey has been making substantial donations, primarily focused on secondary and post-secondary education.

He has donated over $400 million by 2007, with just under $140 million going to the University of Oregon.

To honor his contributions, the University of Oregon named the Lorry I. Lokey Science Advancement and Graduate Education Initiative after him.

The Stanford School of Medicine also named the Lorry I. Lokey Stem Cell Research Building after him in recognition of his $75 million donation.

Basic Information About Lorry Lokey

Category	Business › CEOs
Net worth	$300,000,000
Date of birth	1927-03-27 (97 years old)
Place of birth	Portland
Nationality	United States of America
Gender	Male
Social Media	↗︎ Wikipedia