Mart Green is giving $70 million of his family's fortune to rescue Oral Roberts University. The evangelical school is embroiled in a financial scandal and is $45 million in debt. Televangelist Richard Roberts recently stepped down as president. Mart Green gets a spot on the university board for his generosity with money made from craft supply giant Hobby Lobby and Christian bookstore and office supply chain Mardel. He’s a member of the Assemblies of God. Forbes says Green’s net worth is $1.8 billion.
Tuesday, February 5, 2008
ORU GETS INFUSION OF CASH
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