10/10/06

Ex-Citi Chairman Turns to Philanthropy

After spending his career acquiring one company after another to build the biggest bank in America, Sanford "Sandy" Weill has no intention of taking it easy in retirement.

Next up will be expanding on charitable work that already has him chairing the boards of three major nonprofits.

Weill's plans include a number of philanthropy projects abroad. One of the many photos in his office is of Weill receiving a medal from Pakistan's president, Gen. Pervez Musharraf, for helping to raise more than $116 million to help Pakistani victims of a massive 2005 earthquake.

He's also working on creation of a medical center in Tanzania and soon will travel to Doha, Qatar, to see the new Weill Cornell Medical College being built there.

[Excerpt of an article by Eileen Alt Powell, The Washington Post]

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