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Atlanta businessman donates $1 million to anti-nuclear campaign

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Posted 2:51PM on Thursday 14th November 2002 ( 22 years ago )
ATLANTA - Atlanta businessman J.B. Fuqua contributed one million dollars to the Nuclear Threat Initiative, a group started by CNN founder Ted Turner to reduce the threat from nuclear weapons. <br> <br> The gift was announced Thursday by Turner and NTI co-chairman Sam Nunn, a former U.S. senator from Georgia. It follows a $2.5 million gift from investor Warren Buffett to the initiative last month. <br> <br> The money comes at a critical time because the initial funding for NTI came from AOL Time Warner stock, which was trading for $50 a share at the time. It is trading around $15 a share now. <br> <br> Fuqua, who served four terms in the Georgia Legislature from 1957 to 1964, is well-known for his philanthropy. In 1989, he gave four million dollars to Duke University&#39;s Fuqua School of Business to teach Russians about the free-market system.

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