Billionaire philanthropist dies at age 95

Posted by Iva Radman – email

CHARLOTTESVILLE, VA (WWBT) - Virginia billionaire philanthropist John Kluge has died. Kluge turned an investment into a radio station into a broadcasting empire.

Forbes Magazine ranked him as the richest man in America from 1989 to 1991, and last year he still ranked 35th.

He gave hundreds of millions of dollars to Columbia University and other institutions.

The University of Virginia says Kluge died Wednesday at his home near Charlottesville. He was 95 years old.

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