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Saturday, December 4, 2021

Jeff Bezos donates $ 100 million to the Obama Foundation.

Former President Barack Obama’s private foundation announced Monday that it has been promised a $ 100 million donation from Amazon founder Jeff Bezos.

This largest gift to the Obama Foundation is one in a series of generous donations from Mr. Bezos, one of the world’s richest men, in recent months. Last week, Mr. Bezos announced $ 96.2 million in grants to groups working to end family homelessness.

Since stepping down as Amazon CEO in July, Mr. Bezos has significantly raised his profile as a philanthropist, in addition to traveling into space on a spaceship built by his rocket company Blue Origin.

In exchange for the donation, Mr. Bezos asked that the plaza at the Obama Presidential Center be named after civil rights leader John Lewis, who died last year. The foundation was laid earlier this year for the center, which will include Mr. Obama’s presidential library, a museum, a sports center and more.

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“Freedom fighters deserve a special place in the pantheon of heroes, and I cannot imagine a person more suitable to honor this gift than John Lewis, a great American leader and a man of extraordinary decency and courage,” said Mr. Bezos. This is stated in a statement by the Obama Foundation. “I am delighted to support the President and Mrs Obama and their foundation in their mission to educate and inspire future leaders.”

The gift was previously reported by the online newsgroup Puck.

It was neither Mr. Bezos’s biggest gift in months, nor his first meeting with Mr. Obama. In September, Mr Bezos, standing alongside John Kerry, Mr Obama’s former secretary of state, pledged $ 1 billion through his Bezos Land Foundation for conservation.

World Nation News Deskhttps://www.worldnationnews.com
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