Monday, November 22, 2021

Bezos gives $100 million to Obama Foundation, nonprofit’s largest single gift

Former Amazon CEO Jeff Bezos donated $100 million to former President Barack Obama's private foundation, the nonprofit's biggest single gift to date, the Chicago-based foundation announced Monday.

Mr. Bezos, who owns The Washington Post, made the donation in honor of the late Rep. John Lewis.

"Freedom fighters deserve a special place in the pantheon of heroes, and I can't think of a more fitting person to honor with this gift than John Lewis, a great American leader and a man of extraordinary decency and courage," Mr. Bezos said in a statement released by the Obama Foundation.

"I'm thrilled to support President and Mrs. Obama and their foundation in its mission to train and inspire tomorrow's leaders." Mr. Bezos' fortune has been estimated at $210 billion.

His gift to the Obama Foundation comes as Amazon is feuding with the Biden administration over regulatory issues.

The foundation said it hopes Mr. Bezos' donation will "Change the paradigm around naming public spaces," the statement said.

Mr. Bezos stepped down as the head of Amazon in July.

https://www.washingtontimes.com/news/2021/nov/22/bezos-gives-100-million-obama-foundation-nonprofit/ 

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