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John Doerr Donates $1.1 Billion for Stanford Climate School

  • The gift is the largest in Stanford University’s history
  • Gift from Doerr and wife creates first new school in 70 years
John Doerr

John Doerr

Photographer: Aaron M. Sprecher/Bloomberg
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Venture capitalist John Doerr is giving Stanford University $1.1 billion to create a school focused on climate change and sustainability, the largest donation in its history.

The gift from Doerr, and his wife Ann will create the Stanford Doerr School of Sustainability, according to a statement Wednesday. Doerr is chairman of venture firm Kleiner Perkins, which has backed tech giants including Amazon.com Inc., Google and Twitter Inc.