Billionaire Ackman donates millions of Coupang shares to foundation

(Reuters) Billionaire hedge fund investor William Ackman said on Monday he donated 26.5 million shares in newly public South Korean e-commerce giant Coupang Inc to three entities, including his foundation. Ackman, who runs hedge fund Pershing Square Capital Management, said on Twitter he also donated the shares to a donor-advised funds program and another non-profit he did not identify.

To read this article:

This entry was posted in Syndicated. Bookmark the permalink.

Comments are closed.