H EADLINES
Wharton Lands $10M for Israeli MBA Fellowships
L OCA L
ANDY GOTLIEB | JE MANAGING EDITOR
THE U NIVERSITY OF
Pennsylvania announced
Sept. 15 that Wharton School
alumnus Yuri Milner and
his wife Julia committed $10
million to establish the Friends
of Israel MBA Fund to support
Israeli MBA students.
The fund will provide
full tuition in the two-year
Wharton MBA program for
more than 60 Israeli students
over the next decade, according
to the university. Th e fund will
be available starting with the
class of 2023, which is applying
to the university now.
“As a former international
Former Wharton Dean Geoff rey Garett stands with Yuri Milner, who,
with wife Julia, recently gave the school $10 million.
Courtesy of the Wharton School at the University of Pennsylvania
student myself, I know the
transformative impact that an
education in America and at
Wharton can have,” Milner
said in a press release. “Israel,
too, has been an important
home for me and my family,
and our bond with the country
remains strong. My hope
is that this scholarship will
support talented individuals to
look beyond the horizon and
pursue their vision of what the
world can be.”
Milner, 58, a Russian-born
Israeli science and technology
investor and philanthropist,
attended Wharton in the
1990s. He is the founder of DST
Global, a technology investment
company. He ranked 484th on
Forbes’ list of Billionaires 2020
with a net worth of $4.4 billion
as of Sept. 18.
Israeli students are regularly
sought to apply to Wharton,
Director of Admissions Blair
Mannix said. Th ere are about
1,700 students across Wharton’s
two-year MBA program.
“It is a huge population we
recruit every year,” she said.
Students will include those
who have completed Israeli
military service, attended an
Israeli undergraduate institution
or worked at an Israeli company.
Mannix said Israelis tend to
be good fi ts at Wharton.
“Wharton is a very tactile
education — it’s very hands-
on,” she said. “Th at works well
with students from Israel.”
Because of the pandemic,
the usual recruiting trips
Wharton made to Israel have
been replaced with virtual
events, Mannix said. But there’s
been a silver lining to that:
Face-to-face events typically
See Wharton, Page 21
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