Billionaire John Paulson Donates Record $250 Million to Hebrew University
Translated & summarized from NEWSru Israel by baba
Billionaire John Paulson has made a record-breaking $250 million donation to the Hebrew University of Jerusalem. Announced on October 17, the funds will support research, a new engineering faculty, and medical programs. The university's Mount Scopus campus will be renamed in his and his wife's honor. Paulson is known for his financial success and political donations.
The story in 5 lines · by baba
- John Paulson donated a record $250 million to the Hebrew University of Jerusalem.
- The donation is the largest in the university's history.
- Funds will support research, a new engineering faculty, and medical programs.
- The Mount Scopus campus will be renamed the Alina and John Paulson Campus.
- Paulson is a billionaire investor known for his success in the 2007-2008 financial crisis.
American billionaire, investor, and philanthropist John Paulson announced on Saturday, October 17, a $250 million donation to the Hebrew University of Jerusalem. This marks the largest donation in the institution's history. The announcement was made during a gala event for the university's board of trustees, according to "Calcalist." The funds are designated for advancing scientific research, establishing a new engineering faculty, expanding medical and biomedical programs, and supporting research and treatment for psychological trauma, including post-traumatic stress disorder. In recognition of the gift, the university's historic Mount Scopus campus in Jerusalem will be named the "Alina and John Paulson Campus." Paulson, the founder of investment firm Paulson & Co., gained prominence for his substantial earnings during the 2007-2008 financial crisis. He is also a significant donor to the U.S. Republican Party and a supporter of former President Donald Trump. In 2024, the Hebrew University awarded Paulson an honorary doctorate for his philanthropic contributions.
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