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      Archive: 12/26/2013
      07:57
      Reported

      News Brief

        12/26/2013, Tevet 23, 5774

      Buffett Donates $10 million to Rambam Hospital


      The Jewish Press reports American billionaire Warren Buffett is donating $10 million, which comes out to approximately how much he makes in seven hours, to Haifa’s Rambam Hospital, in honor of the medical facility’s 75th year.

      The contribution was announced by Eitan Wertheimer, according to Globes business newspaper. The Jewish Press says Buffet paid the Wertheimer family $6 billion in 2006 and this past May for all of the shares of the Iscar toolmaking company, his first acquisition in Israel.

      His closeness with the Wertheimers and his stated love of Israel as a pot of gold for investors now has paid off for Rambam, notes The Jewish Press.