Lifestyle

Soros Biggest Philanthropist Of 2010

Feb 7 2011 | 8:53am ET

Hedge fund billionaire George Soros was the most generous giver of 2010, according to the Chronicle of Philanthrophy's annual ranking.

Soros topped a decidedly unimpressive list, according to the Chronicle: The 50 biggest donors of last year gave a combined total of $3.3 billion, the smallest total since the Chronicle began putting out the list a decade ago. About one-tenth of that figure was donated by the Soros Fund Management chief, who gave a total of $332 million last year, including to his own Open Society Foundations.

New York City Mayor Michael Bloomberg was second on the list with $279.2 million in donations.

Only one other alternative investments honcho made the top 10: BP Capital's T. Boone Pickens, who gave $101 million, almost all of it in the form of a pledge to Oklahoma State Universities to fund academic merit- and need-based scholarships, although the school won't get it until he dies.

Also making the top 50 were Pershing Square Capital Management's William Ackman ($59.3 million) and the Carlyle Group's David Rubenstein ($26.6 million).


In Depth

Royalties: The Alternative Assets of the Music Industry

Jul 8 2016 | 7:01pm ET

Recent market volatility has investors seeking greater insight into alternative...

Lifestyle

Vortic: Making Great American Watches Again

Jul 25 2016 | 6:29pm ET

If you are compelled by stories of entrepreneurial vision & drive, or simply...

Guest Contributor

MPI: Like Stellar Returns? Better Understand the Risks First

Jul 22 2016 | 8:44pm ET

When the press reports extraordinarily strong relative or risk-adjusted returns...