New York City Real Estate Developer Stephen M. Ross Gives $100 Million to University of Michigan Business School
New York City real estate developer Stephen M. Ross, BBA ’62, has provided a gift of $100 million to the University of Michigan Business School. It is the largest donation ever to a U.S. business school and the largest gift to the University in its 187-year history. In recognition of the power of the gift to elevate the school’s aspirations and realize its ambitious vision, the Board of Regents met in special session on September 9, 2004, to rename the school the Stephen M. Ross School of Business.
Hundreds Gather to Celebrate, Thank Stephen M. Ross for $100 Million Gift
As the packed Hale Auditorium crowd rose to its feet to salute Stephen M. Ross for his $100 million gift to the Michigan Business School, his daughters motioned for him to turn around.
On a video screen behind the podium, the Michigan Business School logo and slogan had been replaced by the words "Stephen M. Ross School of Business at the University of Michigan."
Ross peeked over his shoulder, turned back around and smiled broadly at his daughters. He then turned back around a few more times to look at the words as if to make sure his eyes weren't failing him.