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The billionaire who fights anti-Semitism purchased 5% of the stock market in Tel Aviv - voila! Of money

2024-01-24T07:17:58.142Z

Highlights: The billionaire who fights anti-Semitism purchased 5% of the stock market in Tel Aviv. The value of all the shares sold is about NIS 350 million, and most of the money received from the sale will be used for various investments. Ackman is one of the most important businessmen in the US, he is the manager of the hedge fund Pershing Square, which controls assets worth approximately 185 billion dollars. Despite being Jewish, as are his two wives, past and present, the 57-year-old billionaire has never been associated with pro-Israel political activity.


The American businessman Bill Eckman, one of the most prominent figures today in the fight against anti-Semitism on campuses and in business companies in the USA, purchased 5% of the shares of the Tel Aviv Stock Exchange


A pro-Palestinian demonstration in London, November 11, 2023/Twitter

The American businessman Bill Ackman purchased 5% of the shares of the stock exchange in Tel Aviv, in his first investment in Israel.



Ekman and his wife Neri Oxman purchased 5% of the shares of the stock exchange, this after the shares of the banks in the stock exchange that were held by Hapoalim, Mizrahi Tefahot and the International Bank were offered for sale to foreign investors.

This is 18.5% of the shares of the stock exchange that were in the possession of the banks, this after the latter reached an agreement with the stock exchange on the subject.

The value of all the shares sold is about NIS 350 million, and most of the money received from the sale will be used for various investments of the stock exchange.



Ackman is one of the most important businessmen in the US, he is the manager of the hedge fund Pershing Square, which controls assets worth approximately 185 billion dollars. Despite being Jewish, as are his two wives, past and present, the 57-year-old billionaire has never He was not directly associated with pro-Israel political activity - but after 7/10 he became one of the most significant spokespeople for Israel in the business and financial world in the USA.



For example, after the massacre he published that "to understand the context, imagine the reaction of the United States if 2,500 Mexicans invade Texas, brutally murder 1,200 civilians, including women, children and babies, rape, behead and burn them alive - and kidnap another 150, including children ".

Eckman.

First investment in Israel/GettyImages, Bryan Bedder

In the months that have passed since then, he has attacked the presidents of US universities for their failure to protect the Jewish students on campuses, and called for their resignation.



He called on Harvard's board of directors to oust former president Claudine Gay, and claimed that the university had lost a billion dollars in donations. According to him at the time, "During her tenure, In her brief tenure as president, Claudine Gay did more damage to Harvard's reputation than anyone else in the institution's 500 years of existence.

"Due to her failure to condemn the most despicable and barbaric terrorism the world has ever seen, Gay served as a catalyst for an explosion of anti-Semitism and hatred on campus, the likes of which has never been seen before," wrote Ackman.



Just last month, Ackman announced that he was establishing a new institute that would use artificial intelligence tools to test the submitted academic papers by university officials and the media. The discourse on this issue developed after the president of Harvard was accused of plagiarism and other errors in her doctoral thesis, which strengthened the demand for her resignation.



The same tools were also directed against Ackman's wife, Oxman, who was accused of having flawed her doctoral thesis submitted to MIT Following this publication, Ekman announced that he would examine the academic works of all senior university officials as well as a Business Insider journalist.

  • More on the same topic:

  • antisemitism

  • The Stock Exchange in Tel Aviv

Source: walla

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