$30 million gift to University of Florida college of Business

<p>William R. Hough, a St. Petersburg businessman, has agreed to give the University of Florida's its largest cash gift in history with a pledge of $30 million.</p>

<p>Hough, founder of a municipal bond firm, has agreed to give the money to support graduate programs in UF's Warrington College of Business Administration, UF President Bernie Machen announced Friday. The funds will help finance a new building to house graduate programs, and both the building and the graduate school will both be named in Hough's honor.</p>

<p>"It is awesome when you think about what this gift is," Machen said.</p>

<p>With state-matching money, the donation has a potential value of $50 million.
The gift from Hough </p>

<p>Sweet: as a current MBA student, I hope that UF's MBA program will go from the current rank if 41 (US NEws) into the top 25 within the next few years. I think that the pieces are in place and the transition is underway. Yippie.</p>

<p>As of right now UF's MBA has the selectivity of a top-25. With this soon to be $50 million dollar gift we will finally have the facilities to match our outstanding professional students.</p>