Newport Life & Philanthropy

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Tom Wolfe. Harper’s Magazine. January 1, 1980. Page 57.

“The Invisible Wife.”

The “In Our Times Column” featured this short story mentioning Edward O. Thorp and the public’s fascination with his success in the financial world.

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Circa 1989. Courtesy of Edward O. Thorp.

Edward O. Thorp at the PNP Offices in Newport Beach.

 

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Circa 2004. Courtesy of Edward O. Thorp.

Edward O. Thorp at his Newport Office.

Edward O. Thorp retired from UCI in 1982. He was able to spend more time with his family and to concentrate on running Princeton Newport Partners (PNP) and subsequently his own investment portfolio.

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California Institute for Regenerative Medicine (CIRM) Annual report 2008. Page 16. Articles from the UC Irvine Libraries Special Collections and Archives.

UC Irvine: Sue and Bill Gross Stem Cell Research Center.

Edward O. Thorp and his wife Vivian Thorp donated towards the establishment of the Stem Cell Research Center at UC Irvine. Thorp said about the donation, “Vivian and I believe that private donations like ours in support of stem cell research at UCI will have a benefit both to our community and to our country that is immeasurably greater than the amount of the gift. We expect donor support will allow continuing breakthroughs by UCI’s stellar research team and this will be leveraged by attracting many times as much in continuing state support.”

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Articles from the UC Irvine Libraries Special Collections and Archives.

UC Irvine Alumni Lauds and Laurels.

Edward O. Thorp was the 2013 recipient of the UC Irvine Alumni Association’s highest Lauds & Laurels honor, the Extraordinarius award.  Since 1971, the UCI Alumni Association and its board of directors has presented Lauds & Laurels, a tradition that has recognized and honored more than 750 outstanding alumni and members of the UCI community for their service to the community, professional excellence and campus involvement.

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January 20, 2004. Courtesy of Edward O. Thorp.

Plaque celebrating the establishment of the Edward O. Thorp and Vivian Thorp Endowed Chair in Mathematics.

Edward O. Thorp and his wife Vivian Thorp generously donated funds in 2004 to UC Irvine to establish an endowed chair in the School of Physical Sciences.  One unique stipulation was Edward O. Thorp would continue to manage the funds. He said, “The gift (will be)….an exercise in finance because it will support the research of an individual mathematician of exceptional talent while using the power of compound growth to create one of the most richly endowed department chairs in the world.”