Jeff Bezos Donates $100 Million to the Obama Foundation

Former President Barack Obama’s personal basis declared on Monday that it had been promised a donation of $100 million from the Amazon founder Jeff Bezos.

The reward, the major still for the Obama Foundation, was a person in a series of splashy donations by Mr. Bezos, a single of the world’s richest gentlemen, in latest months. Final 7 days, Mr. Bezos announced $96.2 million in grants to groups doing work to end family members homelessness.

Considering that stepping down as chief executive of Amazon in July, Mr. Bezos has considerably lifted his profile as a philanthropist, in addition to traveling to area on a ship built by his rocket business, Blue Origin.

In return for the donation, Mr. Bezos asked that a plaza at the Obama Presidential Centre be named for the civil rights leader John Lewis, who died past yr. The foundation broke floor on the centre, which will contain Mr. Obama’s presidential library, a museum, an athletic middle and more, previously this year.

“Freedom fighters should have a exclusive place in the pantheon of heroes, and I just can’t consider of a extra fitting individual to honor with this gift than John Lewis, a great American leader and a male of remarkable decency and courage,” Mr. Bezos reported in a assertion introduced by the Obama Basis. “I’m thrilled to support President and Mrs. Obama and their foundation in its mission to educate and encourage tomorrow’s leaders.”

Information of the gift was earlier reported by the on the web news group Puck.

It was neither Mr. Bezos’s most significant reward in the latest months nor his initial brush with Mr. Obama’s orbit. In September, Mr. Bezos, standing alongside John Kerry, Mr. Obama’s previous Secretary of State, pledged $1 billion by his Bezos Earth Fund for conservation.