Unlike many, Gabelli does not receive salary, bonuses, or stock options. Instead, he prefers to be paid by a management-fee-based compensation. Thus, he received $68 million in 2013. Also an avid giver, Mario Gabelli donated $25 million to his alma mater, Fordham University in 2010. To date, it is considered as the largest single donation in the school’s history. Also, he pledged $15 million to support the construction of a new Columbia Business School campus in 2013.