On Thursday, Smithsonian revealed that Jeff Bezos will be donating $200 million to the institution. This is the largest gift the museum has received since it was established back in 1846.
$70 million of this donation will be used in renovating the Air and Space Museum, while $130 will be for launching a new center for education. The museum gave a release revealing that the Amazon founder and Blue Origin (the space flight company) will as well “help enable a technological transformation of the museum’s galleries and public spaces.”
Steve Case, who is the Board of Regents Chair of Smithsonian and the America Online founder, said that:
Jeff’s early curiosity about space exploration helped inspire him to think big and act boldly, and as a result he has played a defining role in the expansion of the internet. We’re delighted that Jeff is making this commitment to help us extend the Smithsonian’s reach and impact, as we seek to inspire the next generation of scientists, astronauts, engineers, educators and entrepreneurs.Steve Case
Bezos decided to step down as Amazon CEO on 5th July. The company revealed that its founder will become the executive chair, leaving the CEO post and revealing that he desired to focus more time on other private ventures such as philanthropy.