Tom Golisano is an American billionaire businessman and philanthropist. He is best known as the founder of Paychex, a payroll and human resources service provider for small to medium-sized businesses. Beyond his business ventures, Golisano is actively involved in philanthropy, supporting various causes through the Golisano Foundation, which focuses on improving the lives of individuals with intellectual and developmental disabilities. He has also pursued political endeavors, running for governor of New York three times as an independent candidate. Golisano's contributions span the realms of business, philanthropy, and politics.
On November 14, 1941, Blase Thomas Golisano, the American billionaire businessman and philanthropist, was born.
In 1971, Paychex was founded by Tom Golisano. He started the company with $3,000 and a credit card and served as its president and Chief Executive Officer from 1971 to October 2004.
In 1979, Tom Golisano became the Director of Paychex, where he has been the Chairman since October 1, 2004.
In 1985, Tom Golisano founded the B. Thomas Golisano Foundation with an initial gift of $90,000 to support organizations for individuals with intellectual and developmental disabilities.
In 1994, Tom Golisano ran for governor of New York on the Independence Party ticket.
In 1994, Tom Golisano unsuccessfully ran for Governor of New York as a third-party candidate.
Since 1997, The Buffalo Sabres were previously owned by John Rigas, before Tom Golisano.
In 1998, Tom Golisano ran for governor of New York on the Independence Party ticket.
In 1998, Tom Golisano unsuccessfully ran for Governor of New York as a third-party candidate.
In 2002, Tom Golisano donated $14 million to the University of Rochester, which renamed their pediatric facility at Strong Memorial Hospital the Golisano Children's Hospital.
In 2002, Tom Golisano ran for governor of New York on the Independence Party ticket.
In 2002, Tom Golisano unsuccessfully ran for Governor of New York as a third-party candidate.
In 2003, Tom Golisano owned the Buffalo Sabres of the National Hockey League and the Buffalo Bandits of the National Lacrosse League.
On October 1, 2004, Tom Golisano became the Chairman of Paychex. He has been its Director since 1979.
In October 2004, Tom Golisano ended his position as CEO of Paychex. He has been the Chairman of Paychex since October 1, 2004, and its Director since 1979.
In 2004, Tom Golisano gave $2 million to WXXI to allow WXXI to upgrade to digital broadcasting equipment.
In October 2005, Tom Golisano changed his party affiliation to Republican in preparation for another gubernatorial run.
In February 2006, Tom Golisano announced that he would not run for the governorship.
In July 2008, Tom Golisano formed a PAC called Responsible New York and funded it with $5 million of his own money to support candidates for property tax cuts and election reform.
In August 2008, Tom Golisano contributed $1 million to the Democratic National Convention.
In October 2008, Tom Golisano donated $10 million to Niagara University for a new B. Thomas Golisano Center for Integrated Sciences building.
In October 2008, Tom Golisano voiced his opinion in favor of term limits for public offices in New York City and vowed to fight Mayor Michael Bloomberg's proposal to extend them.
During the 2008 election, Tom Golisano supported a number of Democratic Party candidates.
On May 15, 2009, it was announced that Tom Golisano was moving to Florida to escape New York's high taxes.
In June 2009, Tom Golisano took partial credit for creating the 2009 New York State Senate leadership crisis by orchestrating the defection of Democratic senators.
In November 2009, Tom Golisano donated $4 million to Ave Maria University for the construction of a new field house.
In February 2011, Tom Golisano became the spokesman for National Popular Vote Inc., advocating for a popular vote system for presidential elections.
In February 2011, Tom Golisano sold the Buffalo Sabres and its assets to billionaire Terrence Pegula.
In 2011, Tom Golisano no longer owned the Buffalo Sabres of the National Hockey League and the Buffalo Bandits of the National Lacrosse League.
In 2012, Greenlight Networks was established. Tom Golisano purchased it in April 2018.
In 2012, Tom Golisano donated $12 million to the Special Olympics to launch the Healthy Communities initiative and also donated $20 million to build a new Golisano Children's Hospital at Lee Health in southwest Florida.
In 2012, Tom Golisano pledged an additional $20 million to URMC to build a new Golisano Children's Hospital.
In early 2012, Tom Golisano made a bid for the bankrupt Los Angeles Dodgers franchise, but his group was outbid by a consortium led by Magic Johnson and the Guggenheim Partners.
In 2014, Tom Golisano made a bid for the Buffalo Bills when that franchise came up for sale; that team was ultimately purchased by Pegula.
In 2014, the Golisano Neurology and Rehabilitation Center opened at Unity Hospital in Rochester, funded in part by a $10 million contribution from Tom Golisano.
In 2015, Tom Golisano and the Golisano Foundation were recognized among 30 givers and causes on Forbes' "Philanthropy's Big Bets for Social Change of 2015."
In 2015, Tom Golisano made an additional commitment of $25 million to Special Olympics to expand Healthy Communities to 100 locations around the world.
In 2015, the new Golisano Children's Hospital opened.
In June 2016, the Golisano Center for Community Health opened, providing integrated health care to people with disabilities and their families, made possible with a $3.5 million gift from Tom Golisano.
In September 2016, Tom Golisano gave $7.5 million to Nazareth University for a new athletic training center and $2 million to the WXXI Public Broadcasting Council for equipment.
In April 2017, Tom Golisano and the Golisano Foundation pledged $3 million to construct a facility dedicated to providing services to families of autistic children and adults in the city of Rochester.
In April 2017, the City of Rochester announced a performing arts center to be called the Golisano Center for the Performing Arts and Tom Golisano and the Golisano Foundation pledged $3 million to construct a facility dedicated to providing services to families of autistic children and adults in the city of Rochester.
In January 2018, Tom Golisano announced the formation of a campaign called Tax My Property Fairly to help Upstate New York homeowners fight for fair property taxes.
In April 2018, Tom Golisano purchased Greenlight Networks, a Rochester-based fiber internet provider.
In 2018, the athletic training center at Nazareth University funded by Golisano is expected to open.
In September 2019, the Golisano Autism Center opened in a new 33,000 sq. ft. building.
In 2019, Tom Golisano owned Greenlight Networks, a fiber internet provider based in Rochester, New York.
In February 2020, Tom Golisano released "Built, Not Born: A Self-Made Billionaire's No-Nonsense Guide for Entrepreneurs", co-authored by Mike Wicks and published by HarperCollins.
In September 2020, according to the Forbes 400 list, Tom Golisano was the 238th wealthiest person in America with a net worth of $3.4 billion.
As of 2020, Tom Golisano had a net worth of US$5.2 billion.
As of Jan. 2021, Tom Golisano has pledged or donated more than $300 million to a variety of philanthropic causes.
In October 2022, Tom Golisano bought a former Paychex building for $10 million to house the Golisano Institute for Business and Entrepreneurship.
In 2022, Tom Golisano sold Greenlight Networks, a fiber internet provider based in Rochester, New York.
In 2022, Tom Golisano was ranked as the 490th wealthiest billionaire in the world with a net worth of $5.4 billion by Forbes.
In 2023, Tom Golisano was ranked as the 552nd wealthiest billionaire in the world with a net worth of $4.9 billion.
In fall 2023, the Golisano Institute for Business and Entrepreneurship opened in Brighton, NY.
In 2024, Tom Golisano donated $360 million to 82 different non-profits across Upstate New York.
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