Paul Tudor Jones 60 minutes video….
Paul Tudor Jones, the notoriously media shy hedge fund manager, is appearing on 60 minutes tonight. Since, Paul Tudor Jones almost never does interviews, we decided to bring you some live coverage (which will focus almost entirely on philanthropy) . Below you can find a preview video of the interview, as well as the latest updates from the show. Once the show is over we will embed the full Paul Tudor Jones 60 minutes video.
APRIL 17, 2014, 12:47 AM Inspired by a 1986 60 Minutes story, Paul Tudor Jones founded the Robin Hood Foundation, a charity that has given away nearly $1.5 billion to New York’s neediest. “You cannot have significance in this life if it’s all about you. You get your significance, you find your joy in life through service and sacrifice.” What does it mean to bring Wall Street thinking to soup kitchens & charter schools? How the billionaire behind Robin Hood gets results from the charities he supports? Scott Pelley reports on Sunday, April 20 at 7 p.m. ET/PT.
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Paul Tudor Jones 60 Minutes preview
Paul Tudor Jones 60 minutes video (full interview below)
Ask Wall Street bankers the net worth of Paul Tudor Jones, and they’ll tell you, $3.6 billion. He’s one of those hedge fund managers. But ask a homeless child or a struggling family and they’ll tell you that a spreadsheet is no way to measure a man.
Paul Tudor Jones wonders that if billionaires, like him, are such geniuses, then why do nearly two million people live in poverty in New York City alone? In 1988, he started a charity called the Robin Hood Foundation. Twenty five years later, Robin Hood has given away more than one and a quarter billion dollars. It’s become the city’s largest private backer of charter schools, job training and food programs. Tudor Jones has learned hard lessons — for a latter day Robin Hood, it turns out giving to the poor is harder than he thought. And as for taking from the rich? Well, he finds it’s best to distract them.