ap

Skip to content
Liberty Media chairman John Malone leaves the Newcastle County Courthouse, Monday, March 10, 2008, in Wilmington, Del. Malone is in a Chancery Court trial challenging billionaire Barry Diller's plan to break up IAC/Interactive Corp into five separate publicly traded companies and eliminate Liberty's control in the process.
Liberty Media chairman John Malone leaves the Newcastle County Courthouse, Monday, March 10, 2008, in Wilmington, Del. Malone is in a Chancery Court trial challenging billionaire Barry Diller’s plan to break up IAC/Interactive Corp into five separate publicly traded companies and eliminate Liberty’s control in the process.
PUBLISHED: | UPDATED:
Getting your player ready...

BALTIMORE — John Malone, the billionaire chairman of Liberty Media, has given Johns Hopkins University’s engineering school $30 million for a research building.

The gift will finance construction of a 56,000-square-foot building for studying social and industrial systems and individualized health care treatment, the Baltimore university said in a statement on its website Monday. The building will be named after Malone.

Malone, 69, received a master’s of science degree in industrial management and a Ph.D. in operations research from Johns Hopkins. Liberty Media, based in Douglas County, is a holding company that owns the QVC home-shopping channel, the Atlanta Braves baseball team and a stake in Sirius XM Radio. In December, Liberty exchanged 12.8 million shares in IAC/InterActiveCorp, the New York-based owner of online companies, for about $220 million and the businesses Evite and .

“The work that will take place in Malone Hall ultimately will have a profound impact on our world,” said Nick Jones, dean of the Whiting School of Engineering.

RevContent Feed

More in Business