US Investor John Paulson Donates Record $250 Million to Hebrew University
Translated & summarized from Mako by baba
American investor John Paulson has donated a record $250 million to the Hebrew University of Jerusalem, the largest gift in its history. The Mount Scopus campus will be renamed in his and his wife's honor. The funds will establish a new engineering faculty and support medical and trauma research. This brings Paulson's total contributions to the university to $296 million.
The story in 5 lines · by baba
- John Paulson donated $250 million to the Hebrew University of Jerusalem, the largest gift in its history.
- The Hebrew University's Mount Scopus campus will be renamed the Alina and John Paulson Campus.
- The funds will establish a new engineering faculty and advance medical and trauma research.
- Paulson's total donations to the university now reach $296 million.
- The donation is intended to express international support and solidarity with Israel.
American investor John Paulson has made a historic donation of $250 million to the Hebrew University of Jerusalem, marking the largest contribution in the institution's history and one of the most significant ever received by an Israeli academic body. In recognition of this substantial gift, the university's Mount Scopus campus will be renamed the "Alina and John Paulson Campus, Mount Scopus."
The donation, announced at a gala event for the university's board of trustees, is earmarked for establishing a new engineering faculty, expanding medical and biomedical research, and advancing trauma and post-trauma research and treatment. This latest contribution brings Paulson's total donations to the Hebrew University to $296 million, following previous gifts of $27 million in 2023 and $19 million earlier this year.
Paulson, a prominent Republican donor and former hedge fund manager, previously considered for Treasury Secretary under Donald Trump, has a history of significant philanthropic activity. His previous support for the Hebrew University includes the Paulson-Bar-El Building for Computer Science and Engineering and the John Paulson Building for Electrical Engineering.
In a statement, Paulson expressed that the donation aims to show international support and solidarity with Israel, describing it as a small nation facing immense challenges in its self-defense. The article also notes Paulson's past business dealings, his estimated net worth, and a past allegation, which he has denied, linking him to Jeffrey Epstein.
Paulson's sister, Theodora Bar-El, earned a doctorate from the Hebrew University, and he himself received an honorary doctorate from the institution in 2024.
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