Mike Ilitch
Billionaire Mike Ilitch, owner of Little Caesars, the Red Wings and Detroit Tigers, is spreading some of his dough around.
Matthew Dolan and David Jesse of the Detroit Free Press report that Ilitch plans to build a $40 million Wayne State University business school that will bear his name. The paper reports that the donation will include $35 million to build the school and a $5-million endowment.
The school will be built near the new Red Wings arena at Woodward and Temple, one block north of the state-of-the-art arena currently under construction, the Freep reports.
Last year, Mike and Marian Ilitch gave $8.5 million to Wayne State's School of Medicine, Louis Aguilar of the Detroit News reports.
