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October 20, 2014

U. of Hawaii Alumnus Pledges $69-Million to Business School

A Hawaii real-estate mogul has committed $69-million to the University of Hawaii's Shidler College of Business, bringing his total giving to the institution to $100-million, KITV in Honolulu and Pacific Business News report. The school was named for Jay Shidler, a 1968 university graduate, after his initial $25-million gift in 2006.

Mr. Shidler is the founder of the Honolulu-based Shidler Group, which owns commercial properties across North America. He is reputed to be the richest person in Hawaii. His latest gift, announced Friday, will be paid over the next few years and includes shares of income from the fee leases on land under office buildings the Shidler Group owns in several major U.S. cities.