Sue Gross
From Wikipedia, the free encyclopedia
February 1950 (age 76)
Sue Gross | |
|---|---|
| Born | Sue Frank February 1950 (age 76) Phoenix, Arizona, US |
| Occupations | Philanthropist and businesswoman |
| Spouse | |
| Children | Nick Gross |
Sue Gross (born February 1950) is an American philanthropist and businesswoman. She was formerly the president of the William and Sue Gross Foundation, a charitable organization she co-founded with her then-husband, Bill H. Gross, an investor. In 2017, she established the Sue J. Gross Foundation to support healthcare, education, and community programs. As of July 2025, Forbes estimated her net worth at $1.6 billion.[1]
Sue Gross, born Sue Frank in February 1950, in Phoenix, Arizona. She has two sisters, Sally Warpinski and Sandra Stubban. In 1985, she moved to Laguna Beach, California.
Career
Gross has served on several boards, including the Dean's Cabinet of the Sue & Bill Gross School of Nursing at the University of California, Irvine, the Orange County Teacher of the Year program, and the Irvine Cove Community Board.
Philanthropy
Gross served as president of the William and Sue Gross Family Foundation and was responsible for approximately $700 million in grants to healthcare, medical research, and education.
In a 2016 Bloomberg interview, Bill Gross stated that Sue Gross managed the foundation's operations, saying, 'Sue's in charge of that. She spends all her time looking for opportunities, a lot of them local. I report to her.'[2]
Sue is no longer connected to the foundation, a representative said, and has been running another under her name in recent years.[3]
in January, 2005, Duke University in Durham, North Carolina announced a $23.5 million gift from Bill and Sue Gross to endow undergraduate and medical school scholarships, as well as support faculty members in the business school. Duke University president Richard H. Brodhead stated that the gift would support undergraduate and medical school scholarships and faculty positions in the business school.[4] In 2010, they made a $10 million gift to fund a stem cell laboratory at UC Irvine.[5] After seeing a “60 Minutes” report in 2012, the couple reportedly began writing anonymous $15,000 checks to workers laid off from the Space Shuttle program following NASA's termination of the program.[6]
Bill and Sue Gross donated $40 million to the University of California, Irvine in 2016 to establish a nursing school and construct a building. According to the university, the gift was the largest in the institution's history.[7]
Hospitals and research wings throughout the state bear the Gross family name. A gallery at the Smithsonian Institution housing their stamp collection was funded with a $10 million donation.[6] In 2017, Sue Gross established her charitable foundation, the Sue J. Gross Foundation.[1]
The first announced donation was a portion of the $36.9 million in proceeds from Gross's sale of Pablo Picasso's “Le Repos”.[8] She donated $35,000 in October 2018 to the inaugural Chef Masters event on behalf of the Alzheimer's Family Center in Orange County.[9] She gave $5,000 to the Los Angeles Center for Law and Justice's 46th Annual Awards Gala in May 2019.[10]