Billionaire John Paulson Donates Quarter Billion Dollars to Hebrew University
Translated & summarized from Haaretz by baba
Billionaire investor John Paulson has donated $250 million to the Hebrew University, the largest gift in its history. Paulson became famous for profiting from a bet against the U.S. housing market before the subprime crisis. He has also been a confidant of President Donald Trump and was a potential candidate for Treasury Secretary.
The story in 5 lines · by baba
- Billionaire John Paulson donated $250 million to the Hebrew University.
- The donation is the largest in the university's history.
- Paulson is known for profiting from the 2008 subprime mortgage crisis.
- He was a confidant and advisor to former U.S. President Donald Trump.
- Paulson was considered for Treasury Secretary under Trump.
Billionaire investor John Paulson has made the largest donation in the history of the Hebrew University, contributing $250 million. Paulson, a Jewish financier, gained prominence for profiting significantly by shorting the U.S. housing market just before the subprime mortgage crisis. In recent years, he has also been known as an advisor and confidant to U.S. President Donald Trump. Paulson had also been a potential candidate for Treasury Secretary in the Trump administration and was nearly involved in the acquisition of Israel's Channel 13.
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