Elie Horn, the founding partner and chairman of Cyrela Brazil Realty, recognized as one of the largest building and real estate companies in Brazil, has donated $120 million to the University of Haifa. The award will establish the Ahavat Olam Scholarship Program, which aims “to strengthen Israeli society and ensure that young adults are given equal opportunities to succeed.” The Elie Horn pledge is the largest donation ever made in Israel for student scholarships, the university said.

Previously, Elie Horn and his wife Susy established HaGaon M’Vilna Campus Synagogue, which supports Jewish educational programs and scholarships to strengthen Jewish life on campus.

In recognition of his “philanthropy, support of the State of Israel and its people, and his ongoing commitment to campus life,” the University of Haifa awarded Elie Horn a 2022 honorary degree.