Amazon chief Jeff Bezos donates $100 mn to Barack Obama Foundation | Tech News

Amazon chief Jeff Bezos donates $100 mn to Obama Foundation

Amazon chief Jeff Bezos is giving $100 mn to the Obama Foundation, the largest single gift ex-President Barack Obama’s philanthropic organization has received.

By:BLOOMBERG
| Updated on: Aug 21 2022, 22:01 IST
Jeff Bezos
Former president Barack Obama’s foundation has announced that Amazon chief Jeff Bezos has gifted the organization $100 mn. (AP)
Jeff Bezos
Former president Barack Obama’s foundation has announced that Amazon chief Jeff Bezos has gifted the organization $100 mn. (AP)

Amazon chief Jeff Bezos is giving $100 million to the Obama Foundation, the largest single gift former President Barack Obama's philanthropic organization has received and just the latest in a string of high-profile donations by the world's second-richest person. The gift, in honor of the late-Congressman John Lewis, will “help expand the scope of programming that reaches emerging leaders in the United States and around the world,” Courtney Williams, a spokesperson for the foundation, said in a statement. “As part of the gift, Bezos has asked for the plaza at the Obama Presidential Center to be named the John Lewis Plaza.”

Bezos, 57, has been on a philanthropic spree since he stepped down as Amazon.com Inc.'s chief executive officer in July, giving away almost $600 million this year, including the latest announcement, which was first reported on Monday by Puck Media. 

Days before completing an 11-minute flight into space through his company Blue Origin, Bezos announced a $200 million gift to the Smithsonian National Air and Space Museum, with the bulk of it going to establish the Bezos Learning Center. After the trip, Bezos said he would provide $100 million each to Van Jones, a CNN political contributor and founder of Dream Corps, and chef Jose Andres, co-founder of World Central Kitchen, which helps feed people in disaster-stricken regions.

Bezos also announced a gift to fight family homelessness through his $2 billion Day One Fund promise, with $96 million going to 32 organizations. His $10 billion Earth Fund pledge to fight climate change has also revealed more of Bezos's plan in recent months, including at the COP26 in Glasgow. 

Separately, the Bezos Family Foundation, the charitable arm founded by his parents Jackie and Mike, gave $166 million to NYU Langone Health, according to a statement on Monday.

Jeff Bezos, who's worth $209.9 billion, according to the Bloomberg Billionaires Index, has rapidly increased donations after years of relatively little giving. His ex-wife MacKenzie Scott has emerged as one of the most prominent philanthropists in the world after they divorced in 2019. This year she's given away $2.7 billion, bringing her total donations since the divorce to more than $8.5 billion.

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First Published Date: 22 Nov, 23:35 IST
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