David G. Booth
David G. Booth | |
---|---|
Born | 1945 or 1946 (age 78–79) Lawrence, Kansas, United States |
Alma mater | University of Kansas (BA, MS) University of Chicago (MBA) |
Occupation(s) | Co-founder and executive chairman, Dimensional Fund Advisors |
David Gilbert Booth (born c. 1946) is an American businessman, investor, and philanthropist. He is the executive chairman of Dimensional Fund Advisors, which he co-founded with Rex Sinquefield.
Career
Booth graduated from Lawrence High School in Lawrence, Kansas, and then received a B.A. in economics in 1968 and an M.S. in business in 1969 from the University of Kansas, also located in Lawrence.[1] He then enrolled at the University of Chicago Graduate School of Business in 1969 as a doctoral student, leaving in 1971 with an M.B.A. degree. He was a research assistant to Eugene Fama, and he met his future business partner, Rex Sinquefield, at the school.[2]
The University of Chicago basically plucked me out of Kansas and put me on this trajectory ...Sometimes I wonder, why me? But it happened.
— David Booth[2]
He has published research articles including "Diversification Returns and Asset Contributions" with Eugene Fama.[3] The article won the 1992 Graham and Dodd Award of Excellence from the Financial Analysts Journal.[4]
David Booth has served on institutional boards, including as a governor of the Kravis Leadership Institute and the UCLA Foundation; as a trustee of the American Academy in Rome and the Paintings Conservation Council of the J. Paul Getty Trust; as a trustee of the University of Chicago;[4] as a member of the board of directors of Georgetown University;[5] and as a trustee of the University of Kansas Endowment Association.[6]
According to Forbes, he had a net worth of $2 billion in August 2021.[7]
Philanthropy
David Booth and his ex-wife,
In 1999, the Booths gave $10 million for construction of the Charles M. Harper Center building on the University of Chicago campus.[9]
The Booths gave $9 million to the University of Kansas in 2004 to fund the Booth Family Hall of Athletics attached to Allen Fieldhouse.[8]
The Booth family pledged $300 million in November 2008 to the
In 2010, the Booths acquired Dr.
The Booth Center for Special Collections at Georgetown's Lauinger Library, which contains a number of archival documents related to Georgetown as well as an extensive collection of rare books, manuscripts, and art, was funded by a $3 million donation from the Booths.[16][17]
In September 2017, Booth announced a donation of over $50 million to renovate the University of Kansas football team's stadium. The school renamed the stadium in his honor for the donation.[18][19]
In 2019, Booth pledged a $10 million gift to The University of Texas at Austin to support construction of the Giant Magellan Telescope.[20]
References
- ^ Hyland, Andy (November 8, 2008). "KU alumnus gives $300M to Chicago business school". Lawrence Journal-World. World Corporation. Retrieved November 8, 2008.
- ^ a b Guth, Robert (November 6, 2008). "Chicago Business School Gets Huge Gift". The Wall Street Journal. Dow Jones, Inc. Retrieved November 6, 2008.
- . Retrieved February 24, 2021.
- ^ a b "Commission Members: David G. Booth". California Commission for Jobs and Economic Growth. 2008. Archived from the original on October 26, 2008. Retrieved November 7, 2008.
- ^ "Gifts Fund $5 Million Renovation of Special Collections Research Center". Georgetown.edu. April 28, 2014. Retrieved March 10, 2021.
- ^ "David G. Booth, Chief Executive Officer". Dimensional Fund Advisors. Archived from the original on March 14, 2014. Retrieved November 7, 2008.
- ^ Forbes: The World's billionaires: David Booth 31 January 2021
- ^ a b The 50 Top American Givers. Bloomberg Businessweek, accessed December 22, 2010.
- ^ "David Booth, MBA'71". Archived from the original on August 11, 2020. Retrieved February 24, 2021.
- ^ a b c "Alumnus David Booth gives $300 million; University of Chicago Booth School of Business". University of Chicago News. November 8, 2008. Retrieved January 24, 2017.
- ^ "Board of Trustees elects GSB alumnus David Booth". Retrieved February 24, 2021.
- ^ "The Cradle of Basketball". cradleofbasketball.com.
- ^ "Records Fall at Sotheby's Auctions". Wall Street Journal. December 11, 2010. Retrieved January 27, 2013.
- ^ "James Naismith's rules sold at auction". Sports.espn.go.com. December 10, 2010. Retrieved February 2, 2012.
- ^ "ESPN 30 for 30: There's No Place Like Home". ESPN. October 15, 2012. Retrieved January 27, 2013.
- ^ "Gifts Fund $5 Million Renovation Of Special Collection Research Center". www.georgetown.edu. Georgetown University. April 28, 2014. Retrieved March 26, 2015.
- ^ Miller, Ashley (January 23, 2015). "Library's Rare Books Excite". Newspaper. Vol. 96, no. 28. The Hoya. Retrieved March 26, 2015.
- ^ Hancock, Peter (December 20, 2017). "KU football stadium to be renamed after donor David Booth". KU Sports.
- Kansas City Star. Retrieved March 9, 2021.
- ^ Haurwitz, Ralph (May 22, 2019). "$10 million to help UT study universe". Austin American-Statesman. Retrieved July 7, 2022.