Alumnus to Give $300-Million to U. of Chicago Business School

The economy's turmoil notwithstanding, an alumnus will give the University of Chicago's Graduate School of Business $300-million, the university announced on Thursday.

The gift is the largest ever to a business school, the university said, and is one of the dozen biggest gifts to an institution of higher education anywhere in the world, according to The Chronicle's list of major private gifts to higher education