Read previewA billionaire gifted graduating students at UMass Dartmouth with "envelopes full of cash" totaling $1,000. Related storiesA UMass Dartmouth press release said security brought onstage two large duffle bags "packed with envelopes full of cash." AdvertisementHale told graduates that he had two envelopes to give them: one reading "gift" and the other reading "give." UMass Dartmouth graduates received $1,000. If all 1,200 students received the $1,000, Hale's giveaway amounted to about $1.2 million.

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Persons: —, Robert Hale Jr, Hale, Jerry Seinfeld, Seinfeld, Duke Organizations: Service, UMass Dartmouth, Granite Telecommunications, Business, UMass Dartmouth Chancellor's, Columbia University, Duke University, BI Locations: Hale, United States, Gaza, Israel