Widow donates £26m to Oxford University

Led Zeppelin's John Paul Jones & Mica Ertegun Oxford University's new benefactor Credit: Matt Crossick/PA Wire

Oxford University announced the major new graduate scholarship programme after receiving one of the largest gifts in its history. The donation, of 26 million pounds, is from Mica Ertegun, the widow of Ahmet Ertegun, the founder of Atlantic Records. There will be 15 scholarships a year in literature, history, music and other subjects.

The donation which made the launch of The Mica and Ahmet Ertegun Graduate Scholarship Programme possible is believed to be the largest in the university's 900-year history.

Ahmet Ertegun died in 2006. AS the founder of Atlantic Records he helped to shape the careers of such musical greats as Ray Charles and Eric Clapton as well as the bands the Rolling Stones and Led Zeppelin.