Paradise Papers Show Where Major Jewish Political Donors Stash Their Cash
Image by Getty/Forward Montage
By Ari Feldman November 8, 2017
The so-called Paradise Papers, detailing how the world’s richest use offshore accounts to evade taxes, have exposed the investments of several major Jewish political donors, the New York Times reported. The papers show that when it comes to stashing their cash, the nation’s wealthiest are in-step with one another on how to do it — even when they are political enemies.
Among the names that have come up in the leaked documents include George Soros and Penny Pritzker, billionaire philanthropists who donate heavily to Democratic causes; and Sheldon Adelson and Carl Icahn, billionaires who donate to Republicans and their allies. Both Adelson and Icahn have strong ties to President Trump.
Each billionaire has been a client of Appleby, one of the world’s top firms specializing in offshore accounts. “The Right People. The Right Places,” is one of the firm’s slogans.
Unlike the Panamanian firm Mossack Fonseca, whose clients and dealings were exposed in the Panama Papers leak, Appleby, based in Bermuda, appears not to engage with overtly corrupted or criminal individuals.
Other high profile individuals to show up in the papers include Bono, Madonna and Queen Elizabeth.
Contact Ari Feldman at [email protected] or on Twitter @aefeldman.
The Forward is free to read, but it isn’t free to produce
I hope you appreciated this article. Before you go, I’d like to ask you to please support the Forward.
Now more than ever, American Jews need independent news they can trust, with reporting driven by truth, not ideology. We serve you, not any ideological agenda.
At a time when other newsrooms are closing or cutting back, the Forward has removed its paywall and invested additional resources to report on the ground from Israel and around the U.S. on the impact of the war, rising antisemitism and polarized discourse.
This is a great time to support independent Jewish journalism you rely on. Make a gift today!
— Rachel Fishman Feddersen, Publisher and CEO
Support our mission to tell the Jewish story fully and fairly.
Dive In
-
Fast Forward What the Israeli occupation of Gaza would mean for Israelis and Palestinians
-
Fast Forward These Jewish arts organizations have been defunded by the Trump administration
-
Fast Forward Dave Portnoy revokes Auschwitz trip for student who said ‘F– the Jews’
-
Fast Forward Mosab Abu Toha, Palestinian writer targeted by far-right pro-Israel activists, wins Pulitzer for commentary
Most Popular
- 1
Fast Forward Why the Antisemitism Awareness Act now has a religious liberty clause to protect ‘Jews killed Jesus’ statements
- 2
News School Israel trip turns ‘terrifying’ for LA students attacked by Israeli teens
- 3
Culture Cardinals are Catholic, not Jewish — so why do they all wear yarmulkes?
- 4
Music After decades of waiting, we’re finally getting a Bob Dylan-Barbra Streisand duet
In Case You Missed It
-
Fast Forward What the Israeli occupation of Gaza would mean for Israelis and Palestinians
-
Yiddish אויסשטעלונג אין אונגערן — רמזים פֿון הילצערנער שיל פֿון 18טן יאָרהונדערטExhibit in Hungary displays remnants of 18th century wooden synagogue
אינעם 18טן יאָרהונדערט איז די קהילה אין נאַזנאַ געווען די צווייט גרעסטע אין גאַנץ טראַנסילוואַניע.
-
News Is the crackdown on pro-Palestinian activism the new Red Scare?
-
Opinion Trump’s cuts are a war on Jewish literature, thought and history itself
-
Shop the Forward Store
100% of profits support our journalism
Republish This Story
Please read before republishing
We’re happy to make this story available to republish for free, unless it originated with JTA, Haaretz or another publication (as indicated on the article) and as long as you follow our guidelines.
You must comply with the following:
- Credit the Forward
- Retain our pixel
- Preserve our canonical link in Google search
- Add a noindex tag in Google search
See our full guidelines for more information, and this guide for detail about canonical URLs.
To republish, copy the HTML by clicking on the yellow button to the right; it includes our tracking pixel, all paragraph styles and hyperlinks, the author byline and credit to the Forward. It does not include images; to avoid copyright violations, you must add them manually, following our guidelines. Please email us at [email protected], subject line “republish,” with any questions or to let us know what stories you’re picking up.