It’s no secret money plays a big role in the naming of campus buildings, but UBC is putting Money in the new name of the area outside the bookstore near the new alumni centre.
The square will be called the Money & Raymond M.C. Lee Square after a $5,250,000 donation from Raymond and Money Lee. Money is actually the first name of a real person who is married to Raymond Lee. The name has the approval of UBC’s naming committee, though it seems unlikely students will call the area anything other than Money square.
$5 million of their donation will go to UBC’s new alumni centre, with the remaining $250,000 used to develop the square.
Raymond Lee is an alum of UBC who graduated 1993 and went on to start a successful paper manufacturing company. He has donated millions of dollars to schools and charities in Hong Kong and China, and will soon receive an honorary degree from UBC.
The link to the documents with the info: Naming Report 3.4 Money Raymond MC Lee Square