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2017-06-16 digital edition
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June 16, 2017  RSS feed
World News

Text: T T T

Buffet helps raise $200 million in Israel Bonds

NEW YORK (JTA) – Guests attending private events in New York earlier this month pledged to buy $1 million to $5 million in Israel Bonds in order to meet business magnate Warren Buffet, whose net worth of $75.6 billion reportedly makes him the second richest person in the world.

Buffett, CEO of the American conglomerate Berkshire Hathaway, also hosted an event last November in his hometown of Omaha, NE, that led to investments of $60 million in the Jewish state. Buffett himself bought $5 million worth of Israel Bonds at the event.

Israel Bonds said that following the New York events, Buffett was expected to have helped bring in about $200 million in bonds investments.

Buffett spoke highly of the Jewish state at the November event.“If you are looking for brains, energy and dynamism in the Middle East, Israel is the only place you need to go,” Buffet said at the time.

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