Some info
As excitement ran into online disbelief regarding a recent record $237 million gift to Florida A&M University, donor and CEO Gregory Gerami says he doesn't understand the doubt.
www.tallahassee.com
"The 30-year-old hemp farmer, investor and entrepreneur drew the national spotlight with his gift, which appears to be both the largest in history at FAMU and any of the other 100-plus historically Black colleges and universities, or HBCUs, in the country.
But little is known about Gerami, his business or the Issac Batterson 7th Family Trust that put up the money. They have a remarkably small online footprint, and news that his $95 million "transformational" planned gift to Coastal Carolina University fell through last year has further fueled alumni concerns...............
Mr. Gerami’s $237,750,000 stock transfer was received in the same manner in which we have accepted all other stocks donated to the University through the FAMU Foundation Inc," FAMU wrote. "As with any non-cash gift received, such as cryptocurrency, real estate and stocks, it will be converted to cash and recorded appropriately."
The transfer was made over a month ago, and the donation amount represents what the stock price was at the time they were transferred..........
During Monday's call, Gerami explained how his journey of building up his wealth over time started with a landscaping and property management business that he owned before selling it in 2016.
He then launched an investment company called Batterson Southeast Capital Group from 2017 to 2020 before shifting to hydroponic farming of plants with Batterson Farms Corporation, which was established in 2021."
He made them sign a NDA, the gift was in stocks and the value was its estimated worth at the time a month beforehand.........he's 30 and never went to college....?
This is interesting