Investor Bill Miller Commits $75M to Johns Hopkins Philosophy Department

Legendary investor William H. "Bill" Miller III has committed a record $75 million to the Johns Hopkins University Department of Philosophy to broaden and intensify faculty research, graduate student support and undergraduate study of philosophical thought.

The gift is believed to be by far the largest ever to a university philosophy program. It is also the largest to Johns Hopkins for any department in the humanities.

Miller, founder and chairman of Miller Value Partners and formerly the longtime, highly successful manager of the Legg Mason Capital Management Value Trust, is himself a former Johns Hopkins philosophy graduate student.