Billionaire John Paulson Donates Quarter Billion Dollars to Hebrew University
Translated & summarized from TheMarker by baba
Billionaire John Paulson has donated a quarter billion dollars to the Hebrew University, the largest such gift in its history. Paulson is famous for his substantial profits made by shorting the US housing market before the subprime crisis. He has also been a confidant of President Donald Trump and was nearly involved in purchasing Channel 13.
The story in 4 lines · by baba
- Billionaire John Paulson donated $250 million to the Hebrew University.
- The donation is the largest in the Hebrew University's history.
- Paulson became famous for profiting from the 2008 subprime mortgage crisis.
- He was a confidant and advisor to former US President Donald Trump.
Billionaire John Paulson, a Jewish financier, has made the largest donation in the history of the Hebrew University. Paulson gained international recognition for profiting significantly by betting against the American housing market just before the subprime mortgage crisis. In recent years, he has also been known as an advisor and confidant to US President Donald Trump. Paulson had also been close to a potential involvement in acquiring Israel's Channel 13 news.
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