1971–American billionaire, Daniel K. Ludwig, established the global Ludwig Institute for Cancer Research.
1992–Upon his death, a Trust was created to manage a second gift from Mr. Ludwig, the Virginia & D.K. Ludwig Fund for Cancer Research.
2006–The Trust gave the largest single gift by a foundation for cancer research and established Ludwig Centers at six distinguished US institutions.
In 2006, a foundation created by American billionaire, Daniel K. Ludwig, gave six institutions $20 million each to create Ludwig Centers. The $120 million, plus further distributions from the Ludwig Fund, should ensure that each Ludwig center receives annual research funds of approximately $2 million in perpetuity. Read More »
Daniel K. Ludwig was, in the 1960s and 1970s, among the richest men in the world, with a self-made empire of some 200 companies spread around the world. He left substantially all of his fortune to cancer research, believing that cancer represented one of the great challenges of humanity.