Billionaire Juices Speech with $1,000 to Each UMass Dartmouth Graduate

Oprah Winfrey‘s acquired nothing on Robert Hale Jr., a telecom billionaire, who did not hand out automotive keys to UMass Dartmouth grads … however, as an alternative, handed them chilly onerous money — for themselves and others.

You may say Hale spiced up his graduation speech to the graduates when he introduced that every of them could be getting $1,000 after they got here onstage to get their diplomas … however there was one essential caveat.

Hale, who based Granite Telecommunications, instructed them Thursday they’d be getting 2 envelopes … one with $500 to maintain for themselves, and a second one with a $500 examine they needed to donate to somebody in want, or a charity.

Through the wet ceremony, he instructed the category of about 1,200 that he and his spouse discovered “the best joys we’ve had in our life have been the reward of giving.”

Though, Forbes estimates his web value round $5.4 billion … Hale additionally instructed the viewers he’d had his share of ups and downs by his profession, together with, at one level, shedding $1 billion instantly.