Billionaires from Bill Gates to George Soros are donating millions to help alleviate the coronavirus crisis — but it may not go where it's needed most
reported. The Lombardy region in the north of the country has been placed on lockdown and public places such as schools, gyms, and museums across the country have been closed until April 3 in an attempt to contain the spread of the virus.
Armani built a $6.6 billion fortune from his eponymous fashion house, which also has accessories, cosmetics, real estate, restaurant, and hotel businesses,Former hedge fund manager George Soros pledged €1 million to his native Budapest on March 30.
"I was born in Budapest, in the middle of the Great Depression, barely a decade after the Spanish Flu left thousands of dead in Budapest," Soros said in a statement. "I lived through World War II, the Arrow Cross rule, and the siege in the city. I remember what it is like to live in extreme circumstances."
After leaving Budapest as a teenager, Soros built an $8.3 billion fortune running what was once the world's largest hedge fund,
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