donderdag 14 februari 2019

'How did American Jews get so rich?'

How did American Jews get so rich? 
Since the mass immigration some 100 years ago, Jews have become richest religious group in American society. They make up only 2% of US population, but 25% of 400 wealthiest Americans. How did it happen, and how crucial is their aid to Israel? 
World Jewish Congress President Ronald Lauder sparked a row recently by calling on Israel to launch immediate peace negotiations with the Palestinians. The statement was perceived as criticism against Lauder's personal friend, Prime Minister Benjamin Netanyahu.

Later, Lauder reiterated his "unequivocal" support for Netanyahu and "policies that seek to create a lasting peace in the Middle East". 

Lauder's remarks made headlines and sparked both enthusiastic and angry responses not just because of his important role, but also – and mainly – because he is a very rich man.

Wall Street: Many Jews Forbes magazine estimates his wealth at $2.7 billion. His family owns the Estée Lauder cosmetics giant, he is one of the biggest art collectors in the world, and owns dozens of television channels and media outlets in the United States and worldwide, including 25% of Israel's Channel 10 TV. He is a heavy donor to countless Jewish and Israeli organizations, bodies and officials – including Netanyahu. Jews in all centers of power
Lauder is definitely not the only American Jew funneling money to Israel while influencing the country. Many Israeli adults used to receive a parcel from "the rich uncle in America" during their childhood. Thousands of organizations, including hospitals and universities, receive billions of shekels in donations from the US. A Hebrew University study found that they make up about two-third of all donations in Israel.

Further Reading: https://www.ynetnews.com/articles/0,7340,L-4099803,00.html




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