The three men were also involved in the founding of the Genesis Prize - an annual award established with a $100 million endowment that recognizes a person for professional achievements and commitment to Jewish values. The group funds projects to strengthen Jewish communities and causes around the world. In an email sent to its supporters, the group said the men had left “in order to assure the ability of GPG to stay true to its mission.” It made no mention of the sanctions. Three other oligarchs who have been sanctioned by the West - Mikhail Fridman, Petr Aven and German Khan - abruptly resigned from the Genesis Philanthropy Group last month. Yad Vashem last month said it was suspending a reported donation of tens of millions of dollars from Roman Abramovich, owner of the Chelsea Football Club, after he was sanctioned by the U.K.
Kantor, whose net worth is estimated by Forbes to be $4.6 billion, joins a number of wealthy Russian-Jewish businessmen to be sanctioned by the West over their purported ties to Putin. Kantor voluntarily stepped back with immediate effect from active involvement in the European Jewish Congress, the World Holocaust Forum Foundation and the Kantor Center in order not to distract from the important work of these organization,” the statement said. Tel Aviv University confirmed this week that Kantor’s name had been removed from the Jewish studies center, just days before it was to release its annual report on global antisemitism.Ī statement issued through a spokeswoman said that Kantor had asked to suspend ties with a number of organizations on his own initiative. He founded or led a number of other important Jewish causes, including the World Holocaust Forum, served on the council of Israel’s national Holocaust memorial Yad Vashem and helped inaugurate the Kantor Center for the Study of Contemporary European Jewry at Tel Aviv University.īut after the United Kingdom imposed sanctions on Kantor early this month, he abruptly stepped down from the European Jewish Congress after 15 years at the helm. Kantor, a Russian fertilizer magnate who also holds British citizenship, served as the longtime president of the European Jewish Congress, emerging as an outspoken fighter against antisemitism. The sanctions have shaken up the world of Jewish philanthropy, which relies heavily on deep-pocketed donors like Kantor, and forced a number of prominent organizations to abruptly end partnerships with their benefactors since Russia invaded Ukraine on Feb.
JERUSALEM (AP) - Billionaire Moshe Kantor has severed his longstanding ties to Tel Aviv University - joining a growing list of Russian Jewish oligarchs who have scaled back their philanthropic activities after coming under international sanctions for their ties to President Vladimir Putin.