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A family crisis inspired Bill Ackman to spend $260 million to create a massive brain research institute in Manhattan

30 0
05.08.2026

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Watch Fortune Daily, our new video show that brings you inside the Fortune newsroom and the boardroom

Watch Fortune Daily, our new video show that brings you inside the Fortune newsroom and the boardroom

Watch Fortune Daily, our new video show that brings you inside the Fortune newsroom and the boardroom

Watch Fortune Daily, our new video show that brings you inside the Fortune newsroom and the boardroom

A family crisis inspired Bill Ackman to spend $260 million to create a massive brain research institute in Manhattan

New York billionaire Bill Ackman, known for his contrarian Wall Street bets, has just embarked on a very different sort of venture: Building a major research center on Manhattan’s Upper West Side dedicated to understanding the brain. The project, which was inspired by a recent family ordeal, will be housed in a 400,000-square-foot building at 125 West End Avenue on Manhattan’s Upper West Side that Ackman’s Pershing Square Foundation purchased this week for $190........

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