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  • Billionaire widow donates $1 billion to cover tuition at a Bronx medical school forever

    The widow of a billionaire financier made a landmark donation to cover tuition for students at a New York City medical school in perpetuity.

    Ruth Gottesman donated $1 billion to the Albert Einstein College of Medicine in the Bronx on Monday.

    Gottesman, 93, is a former professor at the school who studied learning disabilities and created an adult literacy program.

    She is currently the chair of the board of trustees for the college.

    The donation is the largest made to a medical school, according to the college.

    "This donation radically revolutionizes our ability to continue attracting students who are committed to our mission, not just those who can afford it," Yaron Tomer, the Marilyn and Stanley Katz Dean at Albert Einstein College of Medicine said in a news release announcing the donation.

    "Additionally, it will free up and lift our students, enabling them to pursue projects and ideas tha