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Malone Gives $50M to Yale Engineering School

Liberty Media chairman and cable legend John Malone has given a $50 million gift to the Yale School of Engineering & Applied Science to endow ten new professorships. The gift is the largest in the School's history.
"We are deeply grateful to John Malone for this transformational gift to Yale Engineering," Yale President Richard Levin said in a statement. "These resources will provide for a substantial expansion of our faculty and give momentum to the continuing renaissance of our Engineering programs at a time when the advance of technology and the education of engineers is so vitally important to our nation's future."
Malone, a 1963 graduate of Yale College, has been a frequent supporter of Yale Engineering - he helped fund the construction of the Daniel L. Malone Engineering Center, named in memory of his father. That facility opened in 2005 and houses the Yale Department of Biomedical Engineering.
"I believe the work of Yale Engineering is critically important," Malone said in a statement. "In a world with diminishing resources, exploding populations, and immense complexity, only science and technology can improve the standard of living for people on a global basis. We need our nation's best institutions to be invested in this work, and I am eager to support Yale as it continues to build top level programs in engineering research and education."
According to the college, the Malone gift will allow the hiring of new faculty across SEAS's departments of Biomedical Engineering, Chemical & Environmental Engineering, Electrical Engineering, and Mechanical Engineering & Materials Science. There are also plans to advance four interdisciplinary research priorities in Biomolecular Engineering & Biodesign; Energy & Sustainability; Imaging, Sensing, & Networked Systems; and Surface & Interfacial Engineering.
In addition, two of the 10 professorships will be joint appointments with the Yale School of Management, enabling curricular initiatives that connect engineering and business, the college said.