Tags: warren buffett | donates | 10 | million | rambam | hospital

Warren Buffett Donates $10 Million to Israeli Hospital

Wednesday, 25 Dec 2013 05:25 PM

By Todd Beamon

Billionaire investor Warren Buffett has donated $10 million to Rambam Hospital in Israel in honor of its 75th anniversary.

The contribution was announced by in Haifa last week by Eitan Wertheimer, a longtime friend, the Israeli website Globes.com reported on Wednesday.

Wertheimer and Buffet have become close friends since May 2006, when the American's Omaha-based company, Berkshire Hathaway Inc., bought 80 percent of the Israeli precision-tool maker and developer, Iscar Ltd., for $4 billion.

The Wertheimer family owned the company, Globes reports.

This past May, Berkshire Hathaway bought the remaining 20 percent of Iscar for $2.05 billion.

Buffett, who is Berkshire Hathaway's CEO, made $37 million a day on his investments this year — increasing his net worth by a total of $12.7 billion, or 27.4 percent. His net worth is now valued at $59.1 billion.

The company owns both public and private companies.

Related Stories:

© 2015 Newsmax. All rights reserved.

Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
Zip Code:
Privacy: We never share your email.
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
You May Also Like

Mormon Call for Gay Rights: Church Leaders Urge LGBT Protections

Tuesday, 27 Jan 2015 15:49 PM

Mormon leaders are calling for statewide gay rights protections in Utah along with safeguards for religious freedom. . . .

Yeti in Boston a Welcome Distraction for Residents Buried by Blizzard

Tuesday, 27 Jan 2015 15:22 PM

A person wearing a yeti costume provided a welcome distraction for Boston residents who were hunkered down under a blizz . . .

Savannah Guthrie Scores Big Pre-Super Bowl Interview With Obama

Tuesday, 27 Jan 2015 14:40 PM

Savannah Guthrie, co-anchor of NBC’s “Today” show, will interview President Barack Obama live at the White House on Supe . . .

Top Stories

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

America's News Page
©  Newsmax Media, Inc.
All Rights Reserved