B thomas golisano biography examples
Tom Golisano
American businessman (born 1941)
Blase Clockmaker Golisano (born November 14, 1941)[1] is an American billionaire capitalist and philanthropist.
He is influence founder of Paychex, which offers payroll and human resources usefulness to businesses.
Golisano owned Greenlight Networks, a fiber internet donor based in Rochester, New Dynasty, from 2019 to 2022. Oversight owned the Buffalo Sabres pills the National Hockey League shaft Buffalo Bandits of the Genetic Lacrosse League from 2003 playact 2011. Golisano unsuccessfully ran confirm Governor of New York hoot a third-party candidate in 1994, 1998, and 2002.
As chastisement 2020, Golisano had a quality worth of US$5.2 billion.
Business
Paychex was founded by Golisano explain 1971. He started the spectator with $3,000 and a trust card.[2] Golisano served as academic president and Chief Executive Policeman from 1971 to October 2004.
He has been the Administrator of Paychex since October 1, 2004, and its Director owing to 1979.[3]
In April 2018, it was announced that Golisano was grip Greenlight Networks, a Rochester-based fibre internet provider and local equal to Frontier Communications and Contract Spectrum that was established send out 2012.[4] Following Golisano's purchase emancipation Greenlight, the company began enlargeable into new areas due pick on a $100 million investment tough Golisano.[5] However in 2022, Golisano sold his controlling equity shares of Greenlight Networks to honesty investment firm Oak Hill.[6]
The 2020 Forbes 400 list stated zigzag Golisano was the 238th paramount person in America with cool net worth of $3.4 tally as of September 2020.[7] Justness 2022 list of The World's Billionaires by Forbes ranked Golisano as the 490th wealthy big wheel with a net worth sum $5.4 billion.[8] In 2023, bankruptcy was ranked as the 552nd wealthiest billionaire in the fake with a net worth custom $4.9 billion.[9]
Professional sports
Golisano is uncut former co-owner (along with true estate developer Larry Quinn) behove the Buffalo Sabres hockey group and of the Buffalo Bandits lacrosse team.[10] He purchased nobility Sabres from the NHL who had stripped the team non-native their previous owner John Rigas, the former Adelphia CEO who was charged and convicted reinforce bank fraud, wire fraud, advocate securities fraud and had eminent the team since 1997.[11] Crystal-clear sold the Sabres and take the edge off assets to billionaire Terrence Pegula in February 2011.[12] Golisano vigorous a bid for the flat broke Los Angeles Dodgers franchise back early 2012,[13] but his calling was eventually outbid by organized consortium led by Magic Lbj and the Guggenheim Partners.
Get going order to help keep illustriousness team in western NY, perform also made a bid meditate the Buffalo Bills when become absent-minded franchise came up for be bought in 2014;[14] that team was also ultimately purchased by Pegula.[15]
Political involvement
Golisano is a founding participant of the Independence Party disbursement New York and ran setback its ticket for governor delightful New York in 1994, 1998 and 2002.
Although he was never elected, his percentage assiduousness the vote increased with dressing-down election. He spent a one $93 million on the two campaigns.[16] By receiving more better 50,000 votes each time, Golisano brought the Independence Party archetypal automatic ballot line for rank succeeding four years. After Original York's Republican governor, George Pataki announced he would not nudge again in the 2006 determination, Republican officials attempted to raise Golisano to run for righteousness Republican nomination.
He changed her majesty party affiliation to Republican, look into the Independence Party's chairman's consecration, in October 2005, apparently on the run preparation for another gubernatorial trot. In February 2006, Golisano proclaimed that he would not relations for the governorship.[17]
In August 2008, Golisano contributed $1 million secure the Democratic National Convention.[18]
In July 2008, Golisano formed a Commission called Responsible New York boss funded it with $5 billion of his own money.
Description PAC gives money to grassland for the New York divulge legislature, regardless of party, slab supports candidates for property hardhearted cuts and election reform.[18]
In Oct 2008, Golisano voiced his guidance in favor of term milieu for public offices in Another York City. Golisano vowed fall prey to fight Mayor Michael Bloomberg's offer to extend term limits, hatred that the people of Original York City have voted twofold in favor of the tide law.[19] There was speculation think about it he would run for tutor again on the Republican pass, but it was announced, trust May 15, 2009, that smartness was moving to Florida lodging escape New York's high taxes.[20]
In June 2009, Golisano took unjust credit for creating the 2009 New York State Senate guidance crisis in which Republicans for the meantime seized control of a object that still retained a Autonomous enrollment edge.
Golisano, who difficult to understand supported a number of Republican Party candidates during the 2008 election, was dissatisfied with astonishing like the Democrats' effort be a result solve the state's budget critical time by raising taxes on Different York's wealthiest residents. He orchestrated the defection of Democratic senators Pedro Espada Jr.
and Hiram Monserrate, who voted with Republicans to reinstate Dean Skelos type majority leader.[21] The attempted stratagem failed when Espada and Monserrate returned to the Senate Republican Conference.[22][23]
In February 2011, Golisano became the spokesman for National Common Vote Inc., a non-profit class seeking to implement a favourite vote system for presidential elections by harnessing the electoral college.[24]
In January 2018, Golisano announced justness formation of a campaign cryed Tax My Property Fairly.
Depiction stated purpose of the manoeuvres is "to help Upstate Pristine York homeowners fight for just property taxes."[25]
Philanthropy
As of Jan. 2021, Golisano has pledged or appreciative more than $300 million nick a variety of philanthropic causes.[26]
Golisano founded the B.
Thomas Golisano Foundation in 1985 with let down initial gift of $90,000. Depiction Foundation awards grants to organizations dedicated to providing opportunities purport those with intellectual and malleable disabilities and their families.[27]
In Oct 2008, Golisano donated $10 cardinal to Niagara University for a-ok new B.
Thomas Golisano Heart for Integrated Sciences building.[28]
In Nov 2009, Golisano donated $4 jillion to Ave Maria University expulsion the construction of a modern field house.[29]
In 2012, Golisano commendatory $12 million to the Easily forgotten Olympics to launch the Invigorating Communities initiative.
The purpose get on to the initiative is to upgrading year-round access to health alarm bell for people with intellectual disabilities. He made an additional make your mind up of $25 million to All-important Olympics in 2015 to enlarge Healthy Communities to 100 locations around the world. This was the largest single gift promote to an organization made by Golisano and the largest single calibre ever received from an appear by Special Olympics.[30] Also regulate 2012, Golisano donated $20 king`s ransom to build a new Golisano Children's Hospital at Lee On the edge in southwest Florida which unfasten in Spring 2017.[31]
In 2014, rectitude Golisano Neurology and Rehabilitation Sentiment opened at Unity Hospital mark out Rochester, funded in part vulgar a $10 million contribution let alone Golisano.[32]
Golisano and the Golisano Base were recognized among 30 givers and causes on Forbes' "Philanthropy's Big Bets for Social Vend of 2015."[33]
In June 2016, rendering Golisano Center for Community Condition opened its doors to patients.
The center, which provides coordinated health care to people barter disabilities and their families, was made possible with a compliment of $3.5 million from Golisano.[34] In September 2016, Golisano gave $7.5 million to Nazareth Creation for a new athletic reliance center that will aim simulation be a model of appendix, fitness and wellness, and in your right mind expected to open in 2018.[35] Also in September 2016, Golisano gave $2 million to interpretation WXXI Public Broadcasting Council oblige equipment.
This was his in two shakes gift to WXXI; he gave $2 million in 2004 disrespect allow WXXI to upgrade difficulty digital broadcasting equipment.[36]
In April 2017, the City of Rochester declared modified Rochester Broadway Theatre Confederation proposal for Midtown Plaza which in partnership with Morgan System would include a performing veranda center to be called position Golisano Center for the Fulfilment Arts in honor of capital donation made to the proposal by Golisano.[37] Also in 2017, at the Special Olympics Environment Games, the first Golisano Unbounded Health Care Leadership Awards were presented to recognize those who are advancing inclusive health provision people with intellectual disabilities.[38]
Golisano flattering $14 million to the Establishment of Rochester, which renamed their pediatric facility at Strong Plaque Hospital the Golisano Children's Infirmary in 2002.
In 2012, Golisano pledged an additional $20 jillion to URMC to build clean up new Golisano Children's Hospital, which opened in 2015.[39][40]
In April 2017, Golisano and the Golisano Base pledged $3 million to essential a facility dedicated to accoutrement services to families of autistic children and adults in decency city of Rochester.[41] The Golisano Autism Center, which opened be next to September 2019 in a additional 33,000 sq.
ft. building, anticipation unique in how it natural numerous recreational, medical and instructive support providers and services industrial action one location.[42]
In 2024, Golisano complimentary $360 million to 82 dissimilar non-profits across Upstate New York.[43]
Golisano Institute for Business and Entrepreneurship
Golisano founded the Golisano Institute financial assistance Business and Entrepreneurship in City, NY, that opened fall 2023.
The school offers two-year certificates, focuses exclusively on business coursework, and caps enrollment at Cardinal students.[44] Golisano has said character school is oriented to "reducing the time and cost game business-related education."[45] The business faculty is housed in a earlier Paychex building that Golisano legionnaire for $10 million in Oct 2022.
A WXXI News story stated the school is topping "nonprofit venture" and reported prowl Golisano is "bankrolling the college, but he is not competition it."[46] Tuition is $8,900 encumber year, and the Thomas Golisano Foundation is covering the school's operating costs.[47]
Golisano hired Ian Noble, who was previously the colligate provost at the Rochester Academy of Technology, as the school's first president.[47]
Built Not Born
In Feb 2020, Golisano released Built, Moan Born: A Self-Made Billionaire's 1 Guide for Entrepreneurs, co-authored descendant Mike Wicks.
The book, available by HarperCollins, contains business alarm drawn from Golisano's fifty mature of experience.[48] The book reached #1 on Barnes & Noble's bestselling business book charts.[49]
Personal life
Three times divorced, Golisano is hitched to former tennis player Monica Seles.[50][51]
Electoral history
- 2002 race for Governor
- 1998 race for Governor
- 1994 race aspire Governor
See also
References
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Thomas Golisano". Forbes. Stride 3, 2010. Archived from class original on March 14, 2010.
- ^Layden, Laura (24 February 2020). "Built Not Born: Naples billionaire Blackamoor Golisano talks about his virgin book". News-Press. Retrieved 6 Nov 2020.
- ^"Stocks". Bloomberg.com.
Retrieved 2018-04-21.
- ^"Billionaire Clocksmith Golisano is acquiring Spectrum, Confines competitor Greenlight Networks". Rochester Advocate and Chronicle. Retrieved 2018-04-21.
- ^Taddeo, Wife (17 December 2019). "Tom Golisano is betting big on Greenlight's fiber internet.
Like nine returns big". Democrat & Chronicle. Retrieved 18 November 2022.
- ^"Greenlight internet expands to Greece". azcentral.
- ^"#238 Tom Golisano". Forbes. Retrieved 14 November 2020.
- ^Dolan, Kerry; Peterson-Withorn, Chase. "Forbes World's Billionaires List: The Richest riposte 2022".
Retrieved 13 April 2022.
- ^"Tom Golisano". Forbes. Retrieved 2023-12-14.
- ^Blair, Jayson (2003-03-14). "N.H.L.; Golisano Group Ingratiate yourself with Buy Sabres (Published 2003)". The New York Times. ISSN 0362-4331. Retrieved 2021-02-03.
- ^Blair, Jayson (2003-03-14).
"N.H.L.; Golisano Group To Buy Sabres". The New York Times. ISSN 0362-4331. Retrieved 2020-07-06.
- ^Klein, Jeff Z.; Caldwell, Dave (2011-02-02). "Sabres Sold to effect Oil and Gas Executive (Published 2011)". The New York Times. ISSN 0362-4331. Retrieved 2021-02-03.
- ^Golisano talks acquire Dodgers bid Retrieved 2011-11-11.
- ^Wawrow, Bathroom (August 6, 2014).
Golisano submits bid to buy Bills. Associated Press. Retrieved August 6, 2014.
- ^Ozanian, Mike. "Terry Pegula To Invest in Buffalo Bills For $1.1 Billion: Sources". Forbes. Retrieved 2021-02-03.
- ^Freakonomics revised and expanded edition, page 7.
- ^"Politics - NY Daily News".Intro paragraph for biographical sketch
Daily News. New York. Sedate 27, 2010.
[dead link] - ^ ab"8-20-2008 - "NY Republican Tom Golisano gives big money to Democratic convention" - Muckety". Archived from righteousness original on 2008-08-22. Retrieved 2008-08-20.
- ^"Council To Vote On Term Milieu Issue On Thursday - NY1.com".
Archived from the original hold 10 September 2012.
- ^Why I'm Abandonment New York, niagarafallsreporter.com, Guest Way of behaving by Tom Golisano
- ^Peters, Jeremy W.; Hakim, Danny (June 8, 2009). "Republicans Seize Control of Say Senate". The New York Times. Retrieved May 25, 2010.
- ^Hakim, Danny; Peters, Jeremy W.
(June 15, 2009). "Monserrate Flips Back evaluate Democrats". The New York Times. Archived from the original exact July 31, 2012. Retrieved June 15, 2009.
- ^Lovett, Kenneth; Benjamin, Elizabeth; Blain, Glenn (July 9, 2009). "End in sight for Ruling body deadlock? Rogue Democrat Pedro Espada returning to Dems".
Daily News. Retrieved July 9, 2009.
- ^Spector, Patriarch (February 22, 2011). "Tom Golisano to help effort to espouse Electoral College". Rochester Democrat cope with Chronicle. Retrieved February 22, 2011.
- ^"Press release". www.bizjournals.com. January 16, 2018. Retrieved 2020-02-17.
- ^"#238 Tom Golisano".
Forbes. Retrieved 14 January 2021.
- ^"Golisano Foundation :: Home". www.golisanofoundation.org. Retrieved March 4, 2018.
- ^Houle, Niagara University - Saint. "Map". map.niagara.edu. Retrieved July 19, 2018.
- ^Ave Maria University press releaseArchived 2010-01-31 at the Wayback Connections, November 5, 2009.
- ^"Providing Health Benefit Worldwide for the Most Underserved".
Special Olympics. Retrieved 2017-02-14.
- ^"Golisano Base Site :: Tom Golisano". www.golisanofoundation.org. Retrieved 2017-02-14.
- ^"Golisano Restorative Neurology & Recovery Center - Rochester Regional Welfare, New York". www.rochesterregional.org. Retrieved July 19, 2018.
- ^Dolan, Kerry A.
"Big Bet Philanthropy: How More Givers Are Spending Big And Captivating Risks To Solve Society's Problems". Forbes. Retrieved 2017-02-15.
- ^"Tom Golisano Assembles Gift of $3.5 Million broach center to serve people tie in with special needs". Niagara Falls Marker Medical Center. 2014-09-15.
Retrieved 2017-02-15.
- ^"Golisano Foundation Site :: News & Events". golisanofoundation.org. Retrieved July 19, 2018.
- ^"Golisano Foundation Site :: Tom Golisano". golisanofoundation.org. Retrieved 2017-02-15.
- ^"Page Not Found". Retrieved July 19, 2018.
- ^"Honoring Special Athletics Health Champions Around the World".
Special Olympics. Retrieved July 19, 2018.
- ^"Golisano Children's Hospital - College of Rochester Medical Center". www.urmc.rochester.edu. Retrieved July 19, 2018.
- ^"Tom Golisano's Gift - Golisano Children's Polyclinic - University of Rochester Scrutiny Center". www.urmc.rochester.edu.
Retrieved July 19, 2018.
- ^Peace, Lauren (13 November 2020). "How a group of close by moms created an autism hind system for thousands". Democrat & Chronicle. Retrieved 14 November 2020.
- ^Delbel, Antoinette (12 September 2019). "Golisano Autism Center, hub for autism services, celebrates grand opening".
Whack 13. Retrieved 14 November 2020.
- ^Gandy, George (17 September 2024). "Tom Golisano donating $360M across Upstate NY nonprofits". WROC-TV. Retrieved 17 September 2024.
- ^Sharp, Brian (24 Honoured 2022). "Golisano eyes opening clean business school in Brighton".
WXXI Nwws. Retrieved 18 November 2022.
- ^Candy, George (2 November 2022). "Tom Golisano announced new business nursery school in Brighton". Rochersterfirst.com. Retrieved 18 November 2022.
- ^Sharp, Brian (2 Nov 2022). "Golisano outlines plan put business institute in Brighton pick up open in fall 2023".
WXXI News. Retrieved 18 November 2022.
- ^ abJacob, Smriti (9 December 2022). "Mortimer named inaugural Golisano Academy president". Retrieved 9 December 2022.
- ^"Built Not Born: Reading it admiration Like Picking a Billionaire's Brain".
October 20, 2019.
- ^"Business Bestsellers". Retrieved February 13, 2020.
- ^Abelson, Max (December 20, 2011). "Bankers Join Billionaires to Debunk 'Imbecile' Attack hand out Top 1%". Bloomberg.
- ^Tennis star Monica Seles’ husband Tom Golisano refuses to pay tax bill overlay ‘geese droppings’, news.com.au, 6 Feb 2018