The news that Augusta National Golf Club had invited Condoleezza Rice and Darla Moore to join Bill Gates and Warren Buffett as its newest members came as a surprise even to some who already have a green jacket.
William “Hootie” Johnson, who once vowed that Augusta National Golf Club wouldn’t admit women even “if I drop dead this second,” said he personally nominated one of the club’s first two female members.
Twenty-two years ago, International Business Machines Corp. used its clout to protest racial discrimination. The company joined other corporate sponsors in pulling television advertising from the PGA Championship which was being played at a whites-only Alabama golf club.
Stanley Druckenmiller, one of the best-performing hedge-fund managers of the past three decades and an avid golfer, is among those who gave a total of $6.8 million to the Masters Tournament Foundation in 2011.