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Michael Douglas Headlines Gala At Cancer Hospital

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April 19 2011, Published 4:54 a.m. ET

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By Amber Goodhand

RadarOnline.com Staff Reporter

Veteran Wall Street star Michael Douglas is swapping derivatives trading for cancer fundraising.

The 66-year-old actor is so thankful to the Montreal, Canada hospital that first diagnosed him with cancer that he has agreed to headline a fundraiser at the center next month.

Douglas was diagnosed with stage-four throat cancer last summer after doctors at the McGill University-affiliated Jewish General Hospital found a tumor on his tongue – which is now gone after extensive radiation and chemotherapy treatments.

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The May 3 gala carries a $375 a-head price tag, but for $750, attendees can buy a VIP ticket that will grant them direct access to the Oscar-winning Basic Instinct actor and his pre-event cocktail party.

Guests will intermingle with Douglas, who will give a speech and sign autographs.

“That’s where he found out he had his cancer,” Douglas’ rep Allen Burry told the Toronto Star.

“He was happy to do it the fundraiser.”

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Although Douglas’ wife, Catherine Zeta-Jones, recently spent five days in a mental health hospital to treat her Bipolar Disorder, she will be joining him at the event.

The A-list couple has put themselves up for auction, with the highest bidder winning a golf outing at Mont-Tremblant with Douglas and Zeta-Jones.

And it was Michael Douglas himself who reached out to the hospital in an effort to give back.

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“We are very appreciative of his kind support – it was a gracious personal offer and certainly reflected his own inner personality and willingness to help battle head and neck cancer,” Dr. Saul Frenkiel, co-chair of the fundraiser, said.

“Certainly, Michael Douglas…helps to bring to the attention of the public the need to do important research in the head and neck cancer field.”

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