Following a very successful career spanning three decades, Todd Richter wants to share his financial gains with others. Richter is currently the managing director for Bank of America’s global healthcare investment group. This job began in 1999 after 18 years of dedication working with Morgan Stanley.
Now that he has worked for more than 30 years and become one of the leading analysts in the healthcare industry, Todd Richter has chosen to give back to the educational institutions that built him into the businessperson that he is today. Those academic places are the College of William & Mary, where he earned his undergraduate degree in 1979, and the Kelley School of Business at Indiana University, from which he earned an Masters in Business Administration in 1981. To each, Richter donated $5 million, for a total of $10 million. This created an endowment at each school for other students and faculty to benefit from in their endeavors. This sizable contribution — a lasting legacy beyond his constant donations of time, leadership and mentorship — to each university will allow for others to grow in their successes just as Richter did in the previous 30 years.