unilad homepage
unilad homepage
  • News
    • UK News
    • US News
    • World News
    • Crime
    • Health
    • Money
    • Sport
    • Travel
  • Music
  • Technology
  • Film and TV
    • News
    • DC Comics
    • Disney
    • Marvel
    • Netflix
  • Celebrity
  • Politics
  • Advertise
  • Terms
  • Privacy & Cookies
  • LADbible Group
  • LADbible
  • SPORTbible
  • GAMINGbible
  • Tyla
  • UNILAD Tech
  • FOODbible
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Archive
  • Topics A-Z
  • Authors
Facebook
Instagram
X
Threads
TikTok
YouTube
Submit Your Content
Billionaire commencement speaker surprises graduates with $1,000 in cash
Home>News
Published 17:10 18 May 2024 GMT+1

Billionaire commencement speaker surprises graduates with $1,000 in cash

Billionaire Robert Hale surprised students with a $1000 cash graduate present after giving a commencement speech

Gerrard Kaonga

Gerrard Kaonga

google discoverFollow us on Google Discover
Featured Image Credit: John Tlumacki/The Boston Globe via Getty Images / CBS News

Topics: News, School, US News, Education, Money

Gerrard Kaonga
Gerrard Kaonga

Gerrard is a Journalist at UNILAD and has dived headfirst into covering everything from breaking global stories to trending entertainment news. He has a bachelors in English Literature from Brunel University and has written across a number of different national and international publications. Most notably the Financial Times, Daily Express, Evening Standard and Newsweek.

Advert

Advert

Advert

Students were able to say goodbye to their college years with one heck of a present.

Finally graduating from college can be an emotional time. The ceremony essentially represents the culmination of stupidly late nights, stressful work in the library and early morning lectures.

Most people hope to enjoy the ceremony with their friends and family and look forward to the next chapter of their life with some anxiousness and optimism.

One thing that students will likely be wary of when they go into the real world is just how much everything costs and the increase in prices for most goods.

Advert

One gesture by a speaker at the University of Massachusetts Dartmouth will certainly help increase the optimism among the 2024 graduating class.(Fox Business)
One gesture by a speaker at the University of Massachusetts Dartmouth will certainly help increase the optimism among the 2024 graduating class.(Fox Business)

But one gesture by a speaker at the University of Massachusetts Dartmouth will certainly help increase the mood amongst the 2024 graduating class and help relax their money fears.

Billionaire Robert Hale was the commencement speaker at the ceremony and spoke of the financial difficulties many people face and the need for generosity in the future.

Well, he seems to be practicing what he preaches because he gave more than 1,100 graduates $1,000 each.

While the gesture is amazing in its-self, it did come with one little catch.

Hale said $500 of the grand is for the graduate while the other is for them to give to others.

He invited each student to share in the joy of giving to someone who might need it more than you.

During his speech he said: "These trying times have heightened the need for sharing, caring and giving.

"Our community needs you and your generosity more than ever."

Amazingly, this isn’t the first time Hale, the CEO of Quincy-based Granite Telecommunications, has done a stunt like this.

The previous year the CEO, who has a net worth estimate of a bout $5.4 billion, gave the same amount to 2,523 graduates at UMass Boston.

While the gesture is amazing in itself, it did come with one little catch. (CBS News)
While the gesture is amazing in itself, it did come with one little catch. (CBS News)

In 2021 he also gave $1000 to 230 Quincy College graduates.

The college said the announcement during the speech sent the students into a frenzy and 'each graduate who crossed the stage' on Thursday 'would receive one $500 envelope to keep as a gift' while giving the other half away, as Hale wished.

The school also said Hale ‘urged them not to let failure define them, using his own life as an example of resilience and perseverance’.

With the cost of living still hitting many people who are fully employed, knowing they have at least $500 in their back pocket will likely have made the day for many of the graduates.

Choose your content:

2 hours ago
3 hours ago
4 hours ago
  • Getty stock
    2 hours ago

    Experts explain how ‘microdosing’ GLP-1 weight loss drugs could reduce effectiveness

    According to the medical experts, the method isn't FDA-approved and can have a different effect than intended

    News
  • Getty Stock Photo
    2 hours ago

    Travelers face fines of $300 for wearing swimsuits in European hotspot over little-known beach law

    A travel expert has urged tourists to check local guidance before traveling

    News
  • Getty
    3 hours ago

    FIFA president praises Argentina's 'professionalism' in 'leaked' letter after brawl in World Cup loss

    It comes after FIFA confirmed they were investigating the 'disgusting' brawl that occurred after the final

    News
  • Universal Pictures
    4 hours ago

    The Odyssey viewers all have the same complaint about Christopher Nolan's new movie

    While movie-goers shared the same complaint, they all agreed that The Odyssey is 'absolutely amazing'

    Film & TV
  • Arkansas Powerball winner gives up 70% of prize after deciding against becoming billionaire
  • AI billionaire ordered to pay $645,000,000 after leaving wife for younger lover
  • Billionaire Mark Cuban explains why taking out a loan for college is the 'dumbest thing you can do'
  • Trump Accounts app officially launches with a free $1,000 for users born in certain years