by Molina » Mon Aug 07, 2006 5:43 pm
While I respect the motivation yadda yadda, this makes me feels a bit queasy, like if he won he'd instantly give it away. He's obviously loaded anyway but still...
WSOP Player Vows to Donate All Winnings to Charity
David Einhorn to Give It All Away to Michael J. Fox Foundation
With 6.8 million in chips and only 30 players to go, David Einhorn is in great position to make the final table of the World Series of Poker’s main event.
If he wins it, it doesn't mean he would be the biggest winner in the main event's history even though he would take home the largest tournament poker prize ever. No, the biggest winner would be the Michael J. Fox Foundation for Parkinson’s Research.
Einhorn, who sits on the foundation’s Board of Directors, has said he will donate 100 percent of his WSOP winnings to the foundation. His chip stack puts him in second place and well above average. Jamie Gold leads the event with 14 million chips.
David Einhorn will donate all his winnings to the Michael J. Fox Foundation
Right now, Einhorn is guaranteed at least $329,865. If he cracks the top 12, he’ll win at least $1 million for the charity.
The Michael J. Fox Foundation for Parkinson's Research is dedicated to ensuring the development of a cure for Parkinson's disease within this decade through an aggressively funded research agenda. It was founded in 2000 by the actor.
Einhorn is playing in the tournament wearing an old, blue sweatshirt with handprints of his wife and children stamped all over it. He’s the president of Greenlight Capital, an investment firm that manages $3 billion in assets and he has a history of working with social charities.
Along with the Michael J. Fox Foundation, he also sits on the board of the Robin Hood Leadership Council, an organization that fights poverty in New York City. A few years ago, he paid more than $200,000 in a charity auction to have lunch with investment guru Warren Buffet. The benefactor was Glide Memorial Church, a San Francisco-based non-profit that runs programs for the poor and homeless.
Check back with CardPlayer.com as we try to catch up with Einhorn. We confirmed he would donate all of his winnings to charity while catching up with him on a bathroom break.[url][/url]