AP...For the first time in its 80-year history, Augusta National Golf Club has female
members.
The home of the Masters, under increasing criticism the last decade because
of its all-male membership, invited former Secretary of State Condoleezza Rice
and South Carolina financier Darla Moore to become the first women in green
jackets when the club opens for a new season in October.
Both women accepted.
"This is a joyous occasion," Augusta National chairman Billy Payne said
Augusta National, which opened in December 1932 and did not have a black member
until 1990, is believed to have about 300 members. While the club until now had
no female members, women were allowed to play the golf course as guests,
including on the Sunday before the Masters week began in April.
Moore, 58, first rose to prominence in the 1980s with Chemical Bank, where she
became the highest-paid woman in the banking industry. She is vice president of
Rainwater, Inc., a private investment company founded by her husband, Richard
Rainwater. She was the first woman to be profiled on the cover of Fortune
Magazine, and she made a $25 million contribution to her alma mater, South
Carolina, which renamed its business school after her ..
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