Glenn announces $8M for Otara charity
Sat, 14 Jul 2012 10:47a.m.
Owen Glenn is setting up a charity based in Otara in South Auckland which will initially have $8 million of funds.
The 72-year-old businessman who grew up in humble circumstances in Auckland said he will announce details of the initiative on Tuesday.
"The main focus will be on combating child abuse and domestic violence," he said on the Kim Hill Show on Radio New Zealand today.
He said The Glenn Family Foundation will set up a family centre in Otara.
"We are going to do improvements to various things, parks, scholarship funds and things like that. It is a package of things.
"We are going to invest $8 million as a first tranche," he said.
In 2002, Mr Glenn donated $7.5 million to the University of Auckland to build a business school and he donated $1 million to the Christchurch Earthquake Recovery Fund. His family foundation supports many charities globally.
He is also an investor in the Warriors rugby league team based in Auckland and has donated to political parties in New Zealand.
Mr Glenn created OTS Logistics Group through a series of acquisitions and sold the business earlier this year. The National Business Review Rich List estimates Mr Glenn is worth $900 million.
He received a New Zealand Order of Merit in 2008.
His memoir called Making a Difference is being released on July 17.
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14/07/2012 6:22:29 p.m.
Mr Glenn is an extremely generous man who cares about the people in our society. If all the people in similar privileged financial positions as he is were as generous, what a wonderful world it would be
14/07/2012 5:41:48 p.m.
Although I have not had the pleasure of meeting Owen personally I too think he is a truly generous man. Well done and may peace and happiness be abundent in your life.
14/07/2012 3:19:51 p.m.
Let's hope his interview with Kim Hill doesn't discourage his philanthropy.
14/07/2012 11:07:34 a.m.
What a generous man. it is a shame more people in his position don't follow suit
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