Pistons Owner Tom Gores Pledges $10M for Flint Water Crisis
Detroit Pistons owner Tom Gores is the latest to offer his support for the Flint, MI water crisis.
A Flint native himself, the billionaire is pledging to raise $10 million to address both the short- and long-term needs of his hometown, where the drinking water is contaminated with lead.
In a statement on Thursday (Jan. 28), according to ESPN, Gores said he's appointed two associates "to raise money from other business leaders and identify priorities in Flint."
Gores himself will also contribute, and has appointed Pistons vice chairman Arn Tellem and Platinum Equity partner Mark Barnhill will lead the effort.
Barnhill said the need of residents of Flint is important, but also long-term opportunities will also be explored, such as small business assistance.