The father of Harry Rady of Rady Asset Management is a well known businessman and philanthropist in San Diego County. Ernest Rady donated $60 million to San Diego’s Children’s Hospital and Health Center in June of 2006. This gift ranked among the ten largest donations in San Diego history.
San Diego is hopeful that this donation will be the spark to light a new wave of large donations into the San Diego region.
Rady has given generously in the past. The University of California in San Diego was the recipient of Rady’s largesse in 2004 in the amount of 30 million dollars, and created the Rady School of Management.