Leon Cooperman, the Hyundai-driving billionaire who lives in Boca Raton, has given $25 million to the Boca Raton Regional Hospital Foundation, the nonprofit said Wednesday.
The new Medical Arts Pavilion at Boca Raton Regional Hospital will bear the names of Toby and Leon Cooperman.
“We have referenced many times the Talmud, where it is proclaimed that a man’s net worth is measured not by what he earns but rather what he gives away,” Cooperman said in a statement. “We are committed to give and to help others as best we can.”
The Coopermans’ $25 million gift is part of the hospital’s $250 million fundraising campaign. The latest donation brings the total to $152 million toward its goal.
Cooperman is the son of a Bronx plumber who became a Wall Street legend. As of Wednesday, his fortune was worth $3.2 billion, according to Forbes.
Even as he has made a mountain of money as an investor, Cooperman still loves a bargain.
“I have a philosophy that material possessions bring aggravation,” Cooperman said during a February presentation at the Kravis Center in West Palm Beach. “My neighbors drive around with Bentleys and Teslas, and I’ve got a Hyundai. I’m happy — my Hyundai works beautifully.”
The Coopermans also have donated to Hunter College in New York City, Columbia University and St. Barnabas Medical Center. They launched the Cooperman College Scholars Program and the Cooperman Family Fund for a Jewish Future.