http://www.foxnews.com/story/0,2933,391787,00.html Mike Dewey has a plan to eliminate breast cancer: He's offering $1 billion to the person who discovers the cure.
Never mind the fact the 48-year-old Austin consultant has nothing close to that much money. Dewey, whose daughters are at increased risk for the disease because his wife was diagnosed with breast cancer, says he'll come up with the cash.
"I get pretty fired up about this because I've got girls in danger," said Dewey, who says he's raised about $22 million in pledges so far and about $90,000 in actual donations through his nonprofit foundation.
While he's still quite a bit short of $1 billion and some experts are critical of his idea, the energetic Dewey is unfazed — and certain money will roll in if there's a cure.
"I think that we've cracked the code for a new kind of philanthropy," said Dewey, who says he'd retain the intellectual rights to the cure but put it into the public domain for free. "People always have and people always will respond to economic stimuli."