Tuesday, October 5, 2010

Billionaire Hedge Fund CEO to Donate Most of His Fortune

It is said that billionaire hedge fund manager Leon Cooperman told CNBS he will donate most of his fortune to charity.  Cooperman, who is estimated around $1.5 billion, wants to donate to kids in poverty so that they get a chance in life to be successful.  Being born in South Bronx he knows how hard it is for kids with no money.  Not approving of higher taxes, he wants to be able to give his money to the poor instead of the government.  Cooperman earned an MBA and worked for Goldman Sachs.  He views his life as an American Dream and wants other to share that as well.  He plans on giving away every dollar he makes from now on because he has put aside already what he is leaving for his kids.

Extremely generous person.  Cooperman is a prime example of what a person in this country should be.  Giving money to charity is a very honorable thing to do.  If i were in his position making millions a year, i would also donate to charity.  My dream is to become wealthy enough to end world hunger. 

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