Published On: Sun, Feb 3rd, 2013

Billionaire Stewart Rahr Gives $10 Million Donation to Make-a-Wish

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By Sima Ella /

Billionaire philanthropist Stewart Rahr made history made a whopping $10 million donation to the Make-A-Wish Foundation, the largest ever donation to the organization that grants the wishes of children with life-threatening illnesses.

Make-A-Wish is one of the world’s leading children’s charities, serving children in every community in the United States and its territories. With the help of generous donors and more than 25,000 volunteers, Make-A-Wish grants a wish somewhere in the country every 38 minutes. It has granted more than 226,000 wishes since its inception in 1980.

Rahr is one of the most generous wish-granting donors in Make-A-Wish history whose contributions stretch over the past 15 years.

The donation was the largest individual donation the organization has ever received.

Rahr is listed as #298 on the Forbes 400 according to Forbes Magazine. Rahr sold his pharmaceutical distribution company for $1.3 billion and put aside $100 million to establish the Rahr Foundation, with which he donates to many charitable causes.

 

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