Personal Life
With an estimated net worth in 2005 of $279 million, Kohl is one of the wealthiest U.S. Senators. He has donated $25 million to the University of Wisconsin–Madison for construction of its new sports arena, which was named the Kohl Center. It was the largest single donation in University of Wisconsin System history. In 1990 he established the Herb Kohl Educational Foundation Achievement Award Program, which provides annual grants totaling $100,000 to 100 graduating seniors, 100 teachers and 100 schools throughout Wisconsin.
On May 13, 2011, Kohl announced his retirement and plans to not run for reelection in 2012. In this announcement, he said, "The office doesn't belong to me. It belongs to the people of Wisconsin, and there is something to be said for not staying in office too long,"
Read more about this topic: Herbert Kohl (senator)
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