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Bioengineering
Former Faculty Entrepreneur Digs Deep into His Own Pockets to Honor His Commitment to Stanford
October 5th, 2007
Neurosurgeon and entrepreneur James Doty, MD, was feeling generous when he agreed in 2000 to give a multimillion-dollar gift of stock to Stanford University School of Medicine, but he didn't realize at the time that he would end up giving away his entire personal fortune. Doty, who had planned to retire on his stock earnings and share his time between San Francisco, his Italian villa and his private island in New Zealand, instead wound up with virtually nothing as a result of his philanthropic commitments. "I'm happy to give it. I'm thankful. It's actually been a wonderful experience and has made me a better person," said Doty, 51, who served on...
Source: Health Business Week (2007-10-05)
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