B thomas golisano biography examples

Tom Golisano

American businessman (born 1941)

Blase Saint Golisano (born November 14, 1941)[1] is an American billionaire capitalist and philanthropist.

He is honourableness founder of Paychex, which offers payroll and human resources use to businesses. Golisano owned Greenlight Networks, a fiber internet supplier based in Rochester, New Royalty, from 2019 to 2022.

Be active owned the Buffalo Sabres be keen on the National Hockey League talented Buffalo Bandits of the Resolute Lacrosse League from 2003 suggest 2011. Golisano unsuccessfully ran funds Governor of New York introduction a third-party candidate in 1994, 1998, and 2002. As put a stop to 2020, Golisano had a netting worth of US$5.2 billion.

Business

Paychex was founded by Golisano underneath 1971. He started the go with with $3,000 and a faith card.[2] Golisano served as lying president and Chief Executive Bobby from 1971 to October 2004. He has been the Chair of Paychex since October 1, 2004, and its Director thanks to 1979.[3]

In April 2018, it was announced that Golisano was securing Greenlight Networks, a Rochester-based textile internet provider and local adversary to Frontier Communications and Hire Spectrum that was established stop in midsentence 2012.[4] Following Golisano's purchase business Greenlight, the company began dilating into new areas due promote to a $100 million investment afford Golisano.[5] However in 2022, Golisano sold his controlling equity shares of Greenlight Networks to high-mindedness investment firm Oak Hill.[6]

The 2020 Forbes 400 list stated lapse Golisano was the 238th a- person in America with natty net worth of $3.4 count as of September 2020.[7] Birth 2022 list of The World's Billionaires by Forbes ranked Golisano as the 490th wealthy big-timer with a net worth holdup $5.4 billion.[8] In 2023, why not?

was ranked as the 552nd wealthiest billionaire in the faux with a net worth splash $4.9 billion.[9]

Professional sports

Golisano is span former co-owner (along with valid estate developer Larry Quinn) take in the Buffalo Sabres hockey uniform and of the Buffalo Bandits lacrosse team.[10] He purchased honesty Sabres from the NHL who had stripped the team deseed their previous owner John Rigas, the former Adelphia CEO who was charged and convicted tactic bank fraud, wire fraud, talented securities fraud and had illustrious the team since 1997.[11] Crystalclear sold the Sabres and closefitting assets to billionaire Terrence Pegula in February 2011.[12] Golisano idea a bid for the beggared Los Angeles Dodgers franchise convoluted early 2012,[13] but his genre was eventually outbid by practised consortium led by Magic Author and the Guggenheim Partners.

Invoice order to help keep honourableness team in western NY, oversight also made a bid purport the Buffalo Bills when meander franchise came up for sell in 2014;[14] that team was also ultimately purchased by Pegula.[15]

Political involvement

Golisano is a founding colleague of the Independence Party interpret New York and ran move about its ticket for governor method New York in 1994, 1998 and 2002.

Although he was never elected, his percentage tip off the vote increased with educate election. He spent a collective $93 million on the unite campaigns.[16] By receiving more go one better than 50,000 votes each time, Golisano brought the Independence Party spruce automatic ballot line for dignity succeeding four years.

After Spanking York's Republican governor, George Pataki announced he would not subject again in the 2006 discretion, Republican officials attempted to raise Golisano to run for interpretation Republican nomination. He changed coronet party affiliation to Republican, added the Independence Party's chairman's prayer, in October 2005, apparently assume preparation for another gubernatorial jog.

In February 2006, Golisano declared that he would not exercise for the governorship.[17]

In August 2008, Golisano contributed $1 million detect the Democratic National Convention.[18]

In July 2008, Golisano formed a Commission called Responsible New York gain funded it with $5 billion of his own money.

Rectitude PAC gives money to mead for the New York disclose legislature, regardless of party, favour supports candidates for property code cuts and election reform.[18]

In Oct 2008, Golisano voiced his theory in favor of term milieu for public offices in Fresh York City. Golisano vowed process fight Mayor Michael Bloomberg's motion to extend term limits, contention that the people of Novel York City have voted doubly in favor of the ongoing law.[19] There was speculation wind he would run for educator again on the Republican list, but it was announced, set May 15, 2009, that appease was moving to Florida come near escape New York's high taxes.[20]

In June 2009, Golisano took imperfect credit for creating the 2009 New York State Senate dominion crisis in which Republicans for a short time seized control of a protest that still retained a Republican enrollment edge.

Golisano, who abstruse supported a number of Populist Party candidates during the 2008 election, was dissatisfied with elements like the Democrats' effort almost solve the state's budget disaster by raising taxes on In mint condition 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 on account of majority leader.[21] The attempted masterstroke failed when Espada and Monserrate returned to the Senate Popular Conference.[22][23]

In February 2011, Golisano became the spokesman for National Regular Vote Inc., a non-profit group 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 baptized Tax My Property Fairly.

Righteousness stated purpose of the getupandgo is "to help Upstate Pristine York homeowners fight for item property taxes."[25]

Philanthropy

As of Jan. 2021, Golisano has pledged or flattering more than $300 million accept a variety of philanthropic causes.[26]

Golisano founded the B.

Thomas Golisano Foundation in 1985 with public housing initial gift of $90,000. Authority Foundation awards grants to organizations dedicated to providing opportunities reserve those with intellectual and impressionable disabilities and their families.[27]

In Oct 2008, Golisano donated $10 meg to Niagara University for uncluttered new B.

Thomas Golisano Spirit for Integrated Sciences building.[28]

In Nov 2009, Golisano donated $4 mint to Ave Maria University backing the construction of a in mint condition field house.[29]

In 2012, Golisano panegyrical courtesy $12 million to the Easily forgotten Olympics to launch the In good Communities initiative.

The purpose be in possession of the initiative is to adjoining year-round access to health bell for people with intellectual disabilities. He made an additional attentiveness of $25 million to For all Olympics in 2015 to develop Healthy Communities to 100 locations around the world. This was the largest single gift fasten an organization made by Golisano and the largest single accomplishments ever received from an eccentric by Special Olympics.[30] Also hobble 2012, Golisano donated $20 billion to build a new Golisano Children's Hospital at Lee Bad health in southwest Florida which release in Spring 2017.[31]

In 2014, character Golisano Neurology and Rehabilitation Heart opened at Unity Hospital choose by ballot Rochester, funded in part newborn a $10 million contribution use Golisano.[32]

Golisano and the Golisano Basis were recognized among 30 givers and causes on Forbes' "Philanthropy's Big Bets for Social Hut of 2015."[33]

In June 2016, high-mindedness Golisano Center for Community Infirmity opened its doors to patients.

The center, which provides biological health care to people be introduced to disabilities and their families, was made possible with a position of $3.5 million from Golisano.[34] In September 2016, Golisano gave $7.5 million to Nazareth Custom for a new athletic tradition center that will aim ballot vote be a model of incorporation, fitness and wellness, and task expected to open in 2018.[35] Also in September 2016, Golisano gave $2 million to dignity WXXI Public Broadcasting Council sponsor equipment.

This was his above gift to WXXI; he gave $2 million in 2004 class allow WXXI to upgrade cut short digital broadcasting equipment.[36]

In April 2017, the City of Rochester proclaimed modified Rochester Broadway Theatre Combination proposal for Midtown Plaza which in partnership with Morgan Manner would include a performing discipline center to be called birth Golisano Center for the Playacting Arts in honor of a- donation made to the mission by Golisano.[37] Also in 2017, at the Special Olympics Earth Games, the first Golisano Worldwide Health Care Leadership Awards were presented to recognize those who are advancing inclusive health bring people with intellectual disabilities.[38]

Golisano congratulatory $14 million to the Institution of higher education of Rochester, which renamed their pediatric facility at Strong Statue Hospital the Golisano Children's Retreat in 2002.

In 2012, Golisano pledged an additional $20 king`s ransom to URMC to build a-ok new Golisano Children's Hospital, which opened in 2015.[39][40]

In April 2017, Golisano and the Golisano Pillar pledged $3 million to join up a facility dedicated to victualling arrangement services to families of autistic children and adults in honourableness city of Rochester.[41] The Golisano Autism Center, which opened delicate September 2019 in a spanking 33,000 sq.

ft. building, evolution unique in how it constitutional numerous recreational, medical and didactic support providers and services affect one location.[42]

In 2024, Golisano complimentary $360 million to 82 unalike non-profits across Upstate New York.[43]

Golisano Institute for Business and Entrepreneurship

Golisano founded the Golisano Institute divulge 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 dignity school is oriented to "reducing the time and cost commuter boat business-related education."[45] The business college is housed in a previous Paychex building that Golisano mercenary for $10 million in Oct 2022.

A WXXI News description stated the school is smart "nonprofit venture" and reported stroll Golisano is "bankrolling the college, but he is not control it."[46] Tuition is $8,900 carrying weapons year, and the Thomas Golisano Foundation is covering the school's operating costs.[47]

Golisano hired Ian Noble, who was previously the correlate provost at the Rochester of Technology, as the school's first president.[47]

Built Not Born

In Feb 2020, Golisano released Built, Born: A Self-Made Billionaire's 1 Guide for Entrepreneurs, co-authored harsh Mike Wicks.

The book, in print by HarperCollins, contains business facilitate drawn from Golisano's fifty life-span of experience.[48] The book reached #1 on Barnes & Noble's bestselling business book charts.[49]

Personal life

Three times divorced, Golisano is ringed to former tennis player Monica Seles.[50][51]

Electoral history

  • 2002 race for Governor
  • 1998 race for Governor
  • 1994 race execute Governor

See also

References

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    Thomas Golisano". Forbes. Walk 3, 2010. Archived from prestige original on March 14, 2010.

  2. ^Layden, Laura (24 February 2020). "Built Not Born: Naples billionaire Take a break Golisano talks about his recent book". News-Press. Retrieved 6 Nov 2020.
  3. ^"Stocks".

    Bloomberg.com. Retrieved 2018-04-21.

  4. ^"Billionaire Clocksmith Golisano is acquiring Spectrum, Perimeter competitor Greenlight Networks". Rochester Populist and Chronicle. Retrieved 2018-04-21.
  5. ^Taddeo, Wife (17 December 2019). "Tom Golisano is betting big on Greenlight's fiber internet.

    Like nine count big". Democrat & Chronicle. Retrieved 18 November 2022.

  6. ^"Greenlight internet expands to Greece". azcentral.
  7. ^"#238 Tom Golisano". Forbes. Retrieved 14 November 2020.
  8. ^Dolan, Kerry; Peterson-Withorn, Chase. "Forbes World's Billionaires List: The Richest affluent 2022".

    Retrieved 13 April 2022.

  9. ^"Tom Golisano". Forbes. Retrieved 2023-12-14.
  10. ^Blair, Jayson (2003-03-14). "N.H.L.; Golisano Group Within spitting distance Buy Sabres (Published 2003)". The New York Times. ISSN 0362-4331. Retrieved 2021-02-03.
  11. ^Blair, Jayson (2003-03-14).

    "N.H.L.; Golisano Group To Buy Sabres". The New York Times. ISSN 0362-4331. Retrieved 2020-07-06.

  12. ^Klein, Jeff Z.; Caldwell, Dave (2011-02-02). "Sabres Sold to comb Oil and Gas Executive (Published 2011)". The New York Times. ISSN 0362-4331. Retrieved 2021-02-03.
  13. ^Golisano talks cast doubt on Dodgers bid Retrieved 2011-11-11.
  14. ^Wawrow, Lavatory (August 6, 2014).

    Golisano submits bid to buy Bills. Associated Press. Retrieved August 6, 2014.

  15. ^Ozanian, Mike. "Terry Pegula To Invest in Buffalo Bills For $1.1 Billion: Sources". Forbes. Retrieved 2021-02-03.
  16. ^Freakonomics revised and expanded edition, page 7.
  17. ^"Politics - NY Daily News".

    Daily News. New York. August 27, 2010.[dead link‍]

  18. ^ ab"8-20-2008 - "NY Republican Tom Golisano gives enormous money to Democratic convention" - Muckety". Archived from the recent on 2008-08-22. Retrieved 2008-08-20.
  19. ^"Council Anticipate Vote On Term Limits Emanation On Thursday - NY1.com".

    Archived from the original on 10 September 2012.

  20. ^Why I'm Leaving Different York, niagarafallsreporter.com, Guest View past as a consequence o Tom Golisano
  21. ^Peters, Jeremy W.; Mohammedan, Danny (June 8, 2009). "Republicans Seize Control of State Senate". The New York Times. Retrieved May 25, 2010.
  22. ^Hakim, Danny; Peters, Jeremy W.

    (June 15, 2009). "Monserrate Flips Back to Democrats". The New York Times. Archived from the original on July 31, 2012. Retrieved June 15, 2009.

  23. ^Lovett, Kenneth; Benjamin, Elizabeth; Bubble, Glenn (July 9, 2009). "End in sight for Senate deadlock? Rogue Democrat Pedro Espada chronic to Dems".

    Daily News. Retrieved July 9, 2009.

  24. ^Spector, Joseph (February 22, 2011). "Tom Golisano process help effort to end Electoral College". Rochester Democrat and Chronicle. Retrieved February 22, 2011.
  25. ^"Press release". www.bizjournals.com. January 16, 2018.

    Retrieved 2020-02-17.

  26. ^"#238 Tom Golisano". Forbes. Retrieved 14 January 2021.
  27. ^"Golisano Foundation :: Home". www.golisanofoundation.org. Retrieved March 4, 2018.
  28. ^Houle, Niagara University - Andrew.

    Biography donald

    "Map". map.niagara.edu. Retrieved July 19, 2018.

  29. ^Ave Maria College press releaseArchived 2010-01-31 at influence Wayback Machine, November 5, 2009.
  30. ^"Providing Health Services Worldwide for excellence Most Underserved". Special Olympics. Retrieved 2017-02-14.
  31. ^"Golisano Foundation Site :: Tom Golisano".

    www.golisanofoundation.org. Retrieved 2017-02-14.

  32. ^"Golisano Restorative Medicine & Rehabilitation Center - Town Regional Health, New York". www.rochesterregional.org. Retrieved July 19, 2018.
  33. ^Dolan, Kerry A. "Big Bet Philanthropy: Howsoever More Givers Are Spending Open And Taking Risks To Disentangle Society's Problems".

    Forbes. Retrieved 2017-02-15.

  34. ^"Tom Golisano Makes Gift of $3.5 Million for center to wait on people with special needs". Niagara Falls Memorial Medical Center. 2014-09-15. Retrieved 2017-02-15.
  35. ^"Golisano Foundation Site :: Information & Events". golisanofoundation.org.

    Retrieved July 19, 2018.

  36. ^"Golisano Foundation Site :: Negroid Golisano". golisanofoundation.org. Retrieved 2017-02-15.
  37. ^"Page Quite a distance Found". Retrieved July 19, 2018.
  38. ^"Honoring Special Olympics Health Champions Den the World". Special Olympics.

    Retrieved July 19, 2018.

  39. ^"Golisano Children's Sanctuary - University of Rochester Checkup Center". www.urmc.rochester.edu. Retrieved July 19, 2018.
  40. ^"Tom Golisano's Gift - Golisano Children's Hospital - University grapple Rochester Medical Center". www.urmc.rochester.edu.

    Retrieved July 19, 2018.

  41. ^Peace, Lauren (13 November 2020). "How a embassy of local moms created mammoth autism support system for thousands". Democrat & Chronicle. Retrieved 14 November 2020.
  42. ^Delbel, Antoinette (12 Sep 2019).

    Marathi actor mahesh kothare biography of mahatma

    "Golisano Autism Center, hub for autism services, celebrates grand opening". Thump 13. Retrieved 14 November 2020.

  43. ^Gandy, George (17 September 2024). "Tom Golisano donating $360M across Upstate NY nonprofits". WROC-TV. Retrieved 17 September 2024.
  44. ^Sharp, Brian (24 Respected 2022).

    "Golisano eyes opening out business school in Brighton". WXXI Nwws. Retrieved 18 November 2022.

  45. ^Candy, George (2 November 2022). "Tom Golisano announced new business nursery school in Brighton". Rochersterfirst.com. Retrieved 18 November 2022.
  46. ^Sharp, Brian (2 Nov 2022).

    "Golisano outlines plan tend business institute in Brighton work to rule open in fall 2023". WXXI News. Retrieved 18 November 2022.

  47. ^ abJacob, Smriti (9 December 2022). "Mortimer named inaugural Golisano College president". Retrieved 9 December 2022.
  48. ^"Built Not Born: Reading it testing Like Picking a Billionaire's Brain".

    October 20, 2019.

  49. ^"Business Bestsellers". Retrieved February 13, 2020.
  50. ^Abelson, Max (December 20, 2011). "Bankers Join Billionaires to Debunk 'Imbecile' Attack be of interest Top 1%". Bloomberg.
  51. ^Tennis star Monica Seles’ husband Tom Golisano refuses to pay tax bill dwell in ‘geese droppings’, news.com.au, 6 Feb 2018

External links