Soros Gives $50 Million To Charity For New York’s Poor

May 14 2009 | 10:34am ET

George Soros this week pledged $50 million to a charity that helps poor New Yorkers, with the caveat that the group raise three times that amount over the next two years.

The Soros Fund Management chief announced his gift at the Robin Hood Foundation’s gala fundraiser in New York this week. Robin Hood was founded two decades ago by Soros’ fellow hedge fund manager Paul Tudor Jones, and gives money to other groups that focus on homelessness and education in New York City.

Robin Hood raised $72.7 million at the gala.


In Depth

Star Fund Managers Battered By Rocky Ride In Yields, Currencies

May 28 2015 | 6:05am ET

Some of the biggest names in the investment world have been whipsawed by the recent...

Lifestyle

Yale Receives $150 Million Gift from Blackstone’s Schwarzman

May 12 2015 | 12:10am ET

Yale University announced it has received a $150 million gift from Blackstone Group...

Guest Contributor

The Road To Tax Alpha

May 28 2015 | 5:36am ET

Tax-related alerts are increasingly helping investment managers harvest tax alpha...

 

Sponsored Content

Editor's Note