David Sainsbury, Baron Sainsbury of Turville

He was made a life peer in 1997 as a member of the Labour Party, and was on a leave of absence from the House of Lords from 15 July 2013 to his retirement in 2021. He served in the government as Parliamentary Under-Secretary of State for Science and Innovation from 1998 and 2006.
He is a major donor to the University of Cambridge and, in 2011, was elected Chancellor of the University of Cambridge. He also made the largest donation in British political history, giving £8 million to the Liberal Democrats in 2019. Provided by Wikipedia