Billionaire investor Carl Icahn, who is notorious for pushing management shakeups and takeovers, donated 200 million dollars to Mount Sinai School of Medicine. This is the biggest donation ever given to the teaching hospital in New York City.
The hospital in the Upper East Side in Man will be renames as the Icahn School of Medicine, according to Jeanne Bernard, a spokeswoman. The money will be used for building research capabilities.
Icahn has joined other benefactors – the former chairman of Citigroup Inc. Stanford I Weil. Carl Icahn has given 50 million dollars to Mount Sinai and has also committed to give another 150 million dollars over his lifetime.
“I am certain that my contributions to Mount Sinai will lead to significant medical breakthroughs in the diagnosis and treatment of disease that will dramatically improve and extend human life,” said Icahn.
One of the research centers of the school will also be renamed as the Icahn Genomics Institute. Icahn has previously funded a building in the hospital campus and has donated 1 million dollars to it.
According to the website of the school, Mount Sinai has over 3,400 faculties in 14 research institutes and 32 departments.
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