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).


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