Crain's Chicago Business reports the city's newest billionaires plan to give away most of their wealth before they die.
Steve Sarowitz, 53, and his wife, Jessica, 52, are together worth about $1.2 billion. Sarowitz held a large stake in payroll firm Paylocity when it went public in 2014.
Through their Julian Grace Foundation, the couple intend to donate at least $1 billion to causes fighting racism, sexism, nationalism and religious prejudice.
Read more from Crain's Chicago Business.