Billionaire Philanthropist Stewart Rahr Gives $50k Donation to Salvation Army Live During Geraldo Rivera Show
NEW YORK, Nov. 14, 2012 /PRNewswire/ -- WABC/NEW YORK talk-show host Geraldo Rivera hosted a live show November 12th at a Salvation Army disaster relief site at Island Park, Long Island to raise money for Hurricane Sandy victims.
Rivera was joined by the star of "SMASH" and former American Idol singer Katharine McPhee , who donated $50,000 through her McPhee Outreach charitable foundation.
Stewart Rahr , the self-made pharmaceutical billionaire, called in live on the air and donated $50,000 to directly benefit Hurricane Sandy victims in the Rockaways section of Queens. Mr. Rahr is listed as #298 on the Forbes 400 according to Forbes Magazine. Rahr sold his pharmaceutical distribution company for $1.3 billion, and set aside $100 million to establish the Rahr Foundation with which he donates to many charitable causes.
"I was born and raised in Queens and the devastation is just awful. I am pleased to be blessed to help some of the people who have been harmed by Hurricane Sandy and want – and need – to do more to help people," said Stewart Rahr .
"Too often, successful people forget the struggles of others, but not Stewart Rahr the philanthropist. Stewart is someone I am happy to call a friend – he is thoughtful, enormously generous, and deeply compassionate. Everyone involved in raising money for victims of Hurricane Sandy deeply appreciates the one and only Stewart Rahr ," said Geraldo Rivera .
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