Billionaire plans to give away $100 million

Broadcom co-founder says his philanthropy shows he is re-engaging after taking time off for divorce, health reasons.

By JOHN GITTELSOHN THE ORANGE COUNTY REGISTER 

Billionaire Henry T. Nicholas III plans to give $100 million to local charities over the next five years, creating one of the largest personal foundations from one of the largest personal fortunes in Orange County. UC Irvine's school of electrical engineering, St. Margaret's Episcopal School in San Juan Capistrano and charities supporting youth sports, inner-city education and disabled veterans are among the beneficiaries Nicholas said he plans to support.

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