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US business leader commits millions to Parkinson’s fight

Posted
by DPS

Andy Grove, the founder and former chairman of computer-chipmaker Intel, has committed US $40 million for research into Parkinson ‘s disease.

Mr Grove, who suffers from the disorder himself, made the gift in the form of a bequest to the Michael J. Fox Foundation for Parkinson’s Research.

He has a fortune estimated at $400 million. Prior to the $40 million bequest, Mr Grove had committed to spend $22 million for research into treatments for Parkinson’s.

The additional $40 million will be contributed posthumously to the Foundation upon his death.

Currently, Mr Grove’s own Parkinson’s symptoms are under control with medication. He was diagnosed in 2000.

Mr Grove’s intention is to spark other large-dollar donors to join “Grove’s Circle”, the name given to a community of givers committed to the Parkinson’s cause through the high-profile Fox Foundation of which he is an adviser.

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