The Robin Hood Foundation gala, Wall Street’s largest single-evening fundraising event, had Rihanna onstage and took in $57 million tonight (May 14) at its annual New York dinner.
Last year’s event, headlined by Lady Gaga raised $47.4 million.
Founded in 1988, the Robin Hood Foundation raises money for 200 of New York’s poverty-fighting organizations. Its board — which includes Paul Tudor Jones II, Greenlight Capital’s David Einhorn, SAC Capital Advisors LP’s Steven A. Cohen, film producer Harvey Weinstein and actor Gwyneth Paltrow — covers the gala’s cost so that all proceeds go to the beneficiaries.