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No,
she isn’t just the wife of a guy who’s got $830 million. She’s
Patricia Frost, a philanthropist whose charity work speaks for
itself.
She is
the wife of pharmaceutical mogul Dr. Phillip Frost, the
doctor-turned-business genius behind the Key and then IVAX
Corporation generic drug empires, who bought interests in
everything from sports memorabilia to biotech operations to
cell-phone technology to a cigarette company. Simply announcing
his purchases has sent stocks skyrocketing as much as 50 percent
within hours.
Frost
is one-half of a potent philanthropy duo that not only gave $33
million to breathe life into the University of Miami’s School of
Music (one of the largest single gifts ever given to the music
school), but also donated $3 million to the Florida
International University art museum — another arts institution
that now bears the Frost name.
Frost
retired after serving 20 years as principal of Henry West
Laboratory Elementary School, a professional development school
run by UM and Miami-Dade County Schools. The generous woman, who
now lists her occupation as “homemaker,” and her husband share a
$47 million home on Star Island, a $60 million private jet and a
love of giving.
With
that title, according to reports, she contributed $5,000 to a
political action committee in the congressional district of a
co-subcommittee member of Democrat Peter Deutsch — a sponsor of
the Prescription Drug Competition Act of 2000, which sought to
allow greater availability of generic drugs. Plus, her husband
has reportedly given more than $450,000 in soft money
contributions to the Democratic Party, often maxing out legal
contributions to Deutsch and other allies.
Frost
is the chair of the Smithsonian National Board and the
commissioner emeritus of the Smithsonian American Art Museum,
which has received more than 152 art pieces from Frost
donations. She serves on the FIU Board of Trustees and is a past
chair of the FIU Foundation.
As anyone can see, Lady Frost has redefined what
it means to be a homemaker.
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