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Philip Berber

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Philip Berber
Born1958
Dublin, Ireland
NationalityIrish
Alma materUniversity College Dublin (B.Comm)
Occupation(s)Businessman, philanthropist
Known forMulti millionaire businessman, Philanthropy
SpouseDonna Berber
WebsiteA Glimmer of Hope

Philip Berber (born 1958) is an Irish millionaire and philanthropist. He is well known for his former company, CyBerCorp, which he sold for $488 million in 2000 and his subsequent philanthropy through his and his wife's charity, A Glimmer of Hope Foundation.[1][2]

Early life

Berber was born in Dublin in 1958. He attended Wesley College, Dublin in South Dublin. Following school, he attended University College Dublin and studied for a Business Communication degree. In addition to Berber, 'The Class of '79' would boast a number of other high flying business and political figures.[3] He was also in the same classes as Dan O'Connell[disambiguation needed] and Brian MacCaba, the latter with whom he would form one of his first companies in 1984.[1]

Business

In 1984 he set up a high-tech London-based company, Financia, which was bought in 1991 by Frontier Financial of Houston.[4][5]

Berber set up CyBerCorp in 1995. It was one of the first online trading firms for retail investors. He would sell the firm to Charles Schwab in 2000 for $488 million.[6][7]

Philanthropy

Berber and his wife Donna, became heavily involved in philanthropy following the sale of his business. They pledged $100 million in Schwab stock to the A Glimmer of Hope Foundation.[8][9] He is now chairman of the foundation.[8]

He has also donated to his alma mater, UCD, donating money towards their business school. The atrium of the Quinn School of Business is named in his honour.

References

  1. ^ a b "Prodigal son of Cognotec". Irish Independent. 19 November 2000. Retrieved 1 October 2013.
  2. ^ "A Glimmer of Hope". Retrieved 1 October 2013.
  3. ^ "Class of '79: Remember their Names". Sunday Tribune. 13 February 2000.[dead link]
  4. ^ http://www.accessmylibrary.com/coms2/summary_0286-27669847_ITM
  5. ^ http://www.accessmylibrary.com/coms2/summary_0286-28652854_ITM
  6. ^ Sandeep Junnarkar (2 February 2000). "Charles Schwab buys CyberCorp, cuts commissions". CNET. Retrieved 1 October 2013.
  7. ^ "Schwab Buys a Day Trader". Wired. 2 February 2000. Retrieved 1 October 2013.
  8. ^ a b "Feature: A Glimmer of Hope Foundation". Global Giving Matters (Synergos). June–July 2001. Retrieved 1 October 2013.{{cite web}}: CS1 maint: date format (link)
  9. ^ Julie Dunn (27 August 2000). "PRIVATE SECTOR; Venture Philanthropy For Africa, Out of Austin". The New York Times. Retrieved 1 October 2013.

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