College of Business > News & Events > Interim Dean Thomas Donley’s Statement on the Death of Richard H. Driehaus
March 10, 2021 /
It is with great sadness that we learned today of the death of Richard Driehaus, a devoted alumnus, friend, benefactor and inspiration at our college, which proudly bears his name.
Richard exemplified the transformational power of a DePaul education. A Chicago South Sider, he applied his DePaul business education, keen intellect and Catholic values to becoming one of nation’s most successful investment fund leaders and generous philanthropists. He cared deeply about giving back to the community, supporting a wide range of education, art, design, historic preservation, financial literacy and economic opportunity initiatives that improved lives in Chicago and beyond.
Richard’s devotion to DePaul and longstanding partnership with our college led to his extraordinary $30-million gift in 2012 to support the recruitment and retention of high quality business faculty. Previous generous gifts supported The Richard H. Driehaus Chair and Center in Behavioral Finance and the Richard H. Driehaus Center for International Business. He also supported an annual stock portfolio competition for our finance students and relished meeting them to answer questions about the market, his investing philosophy and careers in finance.
“I have many fond memories of the outstanding finance education I received at DePaul and the great professors I had,” Richard said on the occasion of his 2012 gift to DePaul and the college’s naming in his honor. “My ongoing partnership with the university is aimed at ensuring that current and future students receive the same excellent education I did.”
Today we are fondly remembering Richard and his legacy at our college, which is embodied in the excellence of our faculty, the promise of our students and the success of our graduates who have all benefited greatly from Richard’s generosity and devotion to DePaul. Our college extends heartfelt condolences to Richard’s family and his colleagues and joins them in mourning Richard’s passing.
Click here to read more about the life and legacy of Richard Driehaus.