Mon Nov 03 07:20:00 UTC 2025: Summary:

Canadian-Israeli billionaire Sylvan Adams is donating $100 million to rebuild the Soroka University Medical Center in Beersheba, Israel, which was damaged by an Iranian missile in June. The donation is part of a larger $300 million initiative to improve healthcare in southern Israel, with the government and Clalit Health Services contributing the remaining funds. Adams, known for his philanthropy in Israel, sees the rebuilding effort as a direct response to Iranian aggression. This announcement comes shortly after his decision to step back from the Israel Premier Tech cycling team following disruptions and protests related to the team’s association with Israel.

News Article:

Iranian Missile Strike Spurs Billionaire Donation to Rebuild Israeli Hospital

BEERSHEBA, Israel (AP) — Canadian-Israeli billionaire Sylvan Adams announced Sunday a $100 million donation to rebuild the Soroka University Medical Center in Beersheba, Israel, after it sustained significant damage from an Iranian missile strike on June 19.

The attack occurred during the recent 12-day conflict with Iran. Speaking at an Israeli Cabinet meeting, Adams declared, “Our answer to Iran is to build back bigger and better.”

The planned reconstruction will feature a state-of-the-art hospital in Beersheba, the capital of the Negev region, positioning it as one of the most advanced medical facilities in the Middle East.

The $100 million gift forms part of a broader 1 billion shekel ($300 million) initiative aimed at bolstering healthcare infrastructure in southern Israel. The project includes the construction of a new fortified tower at Soroka Hospital. Funding for the initiative will be shared equally between Adams, the Israeli government, and Clalit Health Services, a leading Israeli health insurer.

Adams, a prominent philanthropist supporting various Israeli causes in sports, medicine, and education, is also the co-owner of the Israel Premier Tech cycling team. However, the team recently distanced itself from its national identity after facing disruptions and protests in international races related to the ongoing conflict in Gaza. Adams has since announced that he would no longer take “an active role” in the team.

Copyright 2025 The Associated Press. All Rights Reserved.

Read More