Chicago businessman Pete Kadens is pay full college tuition for some kids. And by some, I mean 30,000. And actually, not just kids, he’s paying for some of their parents to go to college for free too. He’s doing it through his charity Hope Chicago. He told “60 Minutes” that he hopes to accomplish this goal over the next 10 years.
Why? Pete says he feels guilty sometimes for amassing as much wealth as he has while others suffer. He started 5 different companies and retired by the time he was 40. He said, “I’m a guy who got really lucky in life,” Kadens said. “I’m a guy who won a lot of lotteries: The birth lottery, the ZIP code lottery, the education lottery. And when I think about having won all those lotteries and all the people who are suffering, it’s my chance to give them those same opportunities.”