HedgeCo.Net (New York) – David Einhorn, founder and CEO of hedge fund Greenlight Capital, raised $659,730 for the Michael J. Fox Foundation for Parkinson’s Research byfinishing 18th in the World Series of Poker’s main event. After jumping to third place during the tournament he said, “I’m playing for charity,†shocking his fellow players. “The Michael J. FoxFoundation. Anything I win goes to that. My grandfather had Parkinson’s.†Einhorn sits on the foundation’s board.
Einhorn has a string of wins in his company’s history. One outlandish $250,100 bid for lunch with billionaire investor Warren Buffett in ‘03, won him lunch for eight with Buffett at the Smith & Wollensky steak house in New York. Proceeds from the auction to benefit San Francisco’s Glide Foundation, which has programs for the homeless and needy people.
Einhorn followed former Hollywood talent agent Jamie Gold in first place who won the $12 million grand prize, in second was Erik Friberg, a 23-year-old online poker pro from Sweden, with 7.7 million.
New York hedge fund Greenlight Capital LLC is an investment firm that invests primarily in publicly traded US corporate debt offerings and equities. Greenlight and its affiliates manage some $3 billion in assets.
Einhorn graduated summa cum laude with distinction in all subjects from Cornell University, where he earned a BA from the College of Arts and Sciences.
Alex Akesson
Contributing Writer
HedgeCo.Net
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