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Billionaire Adelson backs Yad Vashem

December 7, 2011 21:21

By

Jennifer Lipman,

Jennifer Lipman

1 min read

Israel's Holocaust museum has received a massive boost this week thanks to a donation from one of America's richest men.

Casino billionaire Sheldon Adelson pledged to give Yad Vashem almost £16 million to support its International School for Holocaust Studies, matching the amount he gave to it in 2006.

Mr Adelson, a prominent philanthropist, has backed a number of Israeli causes and has donated more than £63 million to Birthright in the last four years.

He was in 16th place on the annual Forbes list of the world's billionaires this year, despite losing an estimated $36 billion in the financial crisis.