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Canada's top Sikh tycoon donates $10 mn to university
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IANS | 15 Mar, 2018
Canada's top Sikh real estate tycoon Bob Dhillon donated $10 million to the University of Lethbridge in Alberta on Wednesday.
The university has renamed its business school after him. It will henceforth be called the Dhillon School of Business.
Calgary-based
Bob (Navneet) Dhillon is the president and CEO of the real estate giant
Mainstreet Equity Corporation which he started from the back of his car
in the 1980s.
With its assets over $1.5 billion, the company owns over 10,000 apartment units across Canada.
The
university said the Dhillon School of Business will drive futuristic
learning and focus on new technologies such as blockchain,
cryptocurrencies and new growth industries, including artificial
intelligence and robotics.
"I'm a first-generation immigrant and
I'm very fortunate that I'm in a position to make this contribution.
This is my way of giving back to Canada," said Dhillon whose family
hails from Tallewal village near Barnala in Punjab.
Dhillon, who
is an alumnus of Bishop Cotton School in Shimla, said: "I am an
immigrant and a businessman and I'm extremely thankful for the
opportunities I've had growing up here in Canada.
"I was very
fortunate that the importance of education was drilled into me by my
family, my parents, my brother, really everybody around me growing up."
The
Sikh real estate tycoon, who also holds an MBA from the famous Ivey
School of Business at Western University, added: "Education is what
drives successful global nations and Canada is unique in that there is
so much opportunity here.
"The UofL is a world-class university that the world needs to discover."
University
President and Vice Chancellor Mike Mahon said the donation from Dhillon
will be transformational for his institution.
"Our university
was founded by forward-thinking mavericks...Here we are 50-plus years
later and we're still looking ahead, pushing boundaries and creating an
educational experience like no other.
"This gift, this commitment from Dhillon, will help drive us forward."
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