NET WORTH: $2.6 billion
FUNDING AREAS: Education, Bay Area Community
SOURCE OF WEALTH: Cofounder of Yahoo
OVERVIEW: Thus far, Jerry Yang and his wife Akiko's giving has been limited to a few large grants to educational institutions, primarily his alma mater, Stanford. They also support the Bay Area community, including arts institutions.
BACKGROUND: Jerry Yang was born in Taiwan, his father died when he was two, and he came to California with his mother when he was 10. In 1994, while he was a doctoral student at Stanford, Yang and David Filo came up with the "Jerry and Dave's Guide to the World Wide Web," which became Yahoo! in 1995. In 2016, Verizon bought Yahoo in a $5 billion deal.
EDUCATION: Yang and Akiko gave $75 million gift to Yang's alma mater, Stanford, where he is a trustee. At least $50 million of the gift was designated for the construction of the new Jerry Yang and Akiko Yamazaki Environment and Energy Building, which has come to be known on campus as Y2E2 and serves as the university's center for environmental studies. Back in 1997, he and David Filo became the youngest people to ever endow a chair at the university. Their $2 million gift created the Yahoo! Founders Professorship at the Engineering School, which focused on information technology.
BAY AREA COMMUNITY: Yang and Akiko are patrons of the arts and have donated more than $2 million to the San Francisco Ballet and $3 million to Stanford's Walter H. Shorenstein Asia-Pacific Research Center. Yang also serves on the board of the Asian Pacific Fund, which provides financial support, including scholarships and education programs, to help Bay Area Asian Americans.
LOOKING FORWARD: Jerry Yang has shown a growing interest in the virtual reality space.
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