Tech Billionaire Donates, Names Cornell Engineering College After Himself
Cornell University has announced a significant change, renaming its engineering college in honor of distinguished alumnus David A. Duffield. This decision follows Duffield’s remarkable pledge of $371.5 million, marking the largest single donation in the institution’s history.
David A. Duffield’s Generosity
With this latest contribution, Duffield’s cumulative donations to Cornell exceed $520 million. This total includes a $100 million commitment he made for 2025 and several earlier contributions. The engineering school will henceforth be known as the Cornell David A. Duffield College of Engineering.
Background on David A. Duffield
David A. Duffield has a notable standing in the business community. In 2025, he was recognized by Forbes as the 170th-richest person globally, boasting a net worth of $13.9 billion. A graduate of Cornell in 1962, he also earned his MBA from the university in 1964. Over his 60-year career, Duffield founded six enterprise software companies, including PeopleSoft and Workday.
Funding Details and Legacy Initiatives
The majority of Duffield’s gift will be allocated to endowment funds. It will establish a $250 million Duffield Legacy Fund aimed at ensuring ongoing support for strategic opportunities. Additionally, $50 million is earmarked for enhancing educational excellence initiatives.
- Duffield Launch Fund: This fund will focus on addressing immediate needs.
- Investment Areas:
- Physical infrastructure
- Research facilities
- Faculty and student support
- Research in quantum engineering science and technology
- Engineering human health
- Artificial intelligence
David Duffield’s legacy extends beyond just his financial contributions. His name is already prominent on various facilities and programs across Cornell’s Ithaca campus, including Duffield Hall. This new naming honors his enduring commitment to the university and its mission.
