Stewart Rahr $3 Million Donation To Prostate Cancer Foundation

Gregarious, generous Billionaire Stewart Rahr stunned the crowd this weekend at the Hamptons gathering hosted by Michael Milken for the Prostate Cancer Foundation.  Mr. Rahr donated $3 Million to Milken’s initiative for research towards finding a cure for prostate cancer.

Other guests at the event included John Paulson, David Koch, Steven Schwartzman, Richard & Carol Lefrak, Larry Gagosian, Eddie Trump, and former New York Governor David Patterson.  The event featured a Hall & Oates performance.

Stewart Rahr is listed as #298 on the Forbes 400 according to Forbes Magazine. Rahr sold his pharmaceutical distribution company for $1.3 billion, and put aside $100 million to establish the Rahr Foundation with which he donates to many charitable causes.

“I am pleased to be able to help the Prostate Cancer Foundation and assist my friend Michael Milken in this vital initiative,” said Mr. Stewart Rahr.

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