Blackstone Donates Funds To Help Employees, Residents Affected by Maui Fires

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The Blackstone Group is putting its money where its mouth is in Maui, where it has donated $1.5 million to help those affected by recent wildfires.

The investment firm owns the Ritz-Carlton Maui and the Grand Wailea, KHON reports, and the money will go to employees and residents of its real estate properties.

"This donation by our owners will go a long way toward meeting their immediate needs and helping our island recover," Andrew Rogers, general manager of the Ritz-Carlton Maui, says in a statement.

The fires killed at least 115 people and destroyed thousands of homes in West Maui, according to the Honolulu Star-Advertiser.

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