Jewish billionaire donates £150m to Oxford University

It was reportedly the largest single donation to a UK university.

June 19, 2019 04:42
Stephen Schwarzman

Stephen Schwarzman. (photo credit: COURTESY OF WORLD ECONOMIC FORUM)


Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analysis from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew - Ivrit
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief


Jewish billionaire Stephen Schwarzman has donated £150m of his fortune to Oxford University in England, for a new institute that is to study the ethics of artificial intelligence and humanities research.

The new research center will be called The Stephen A. Schwarzman Centre for the Humanities.

Schwarzman said in a statement, "I'm proud to partner with Oxford to establish the Schwarzman Centre for the Humanities which will unite Oxford's Humanities faculties for the first time, include a new Institute for Ethics in AI to explore crucial questions affecting the workplace and society."

He continued, "For nearly 1000 years, the study of the Humanities at Oxford has been core to western civilisation and scholarship."

It was reportedly the largest single donation to a UK university.

Schwartzman is chairman and CEO of The Blackstone Group, a global private equity firm, and former chairman of Lehman Brothers, with an estimated personal fortune of $12.4 billion.

He is well known for his philanthropic activities, especially in the field of educational research, having previously donated $350 million to the Massachusetts Institute of Technology.

Join Jerusalem Post Premium Plus now for just $5 and upgrade your experience with an ads-free website and exclusive content. Click here>>

Related Content

July 17, 2019
25 years since AMIA: resentment, resistance, resilience


Cookie Settings