Jeff Bezos Pays $200 Million to Get his Name Put on a Space Museum For at Least 50 Years – After the Amazon founder journeyed to space only once, the world’s second richest man, Jeff Bezos, paid a whopping $200 million to name a new branch of the Smithsonian’s Air and Space Museum.
Jeffrey Preston Bezos, an American entrepreneur, media mogul, investor, computer engineer, and commercial astronaut, was born on January 12, 1964. He is the founder and executive chairman of Amazon, wherein he formerly served as president and chief executive officer.
Bezos is the second-wealthiest person in the world, according to Bloomberg’s Billionaires Index, and the third-wealthiest person according to Forbes, with a net worth of roughly US$176 billion as of February 2022.
The Amazon founder’s name will be featured atop the new Bezos Learning Center and various other locations throughout the museum for at least 50 years.
The contribution is the largest ever given to the Smithsonian’s Air and Space Museum, according to the museum.
According to reports, the contribution was made when he launched into space in July 2021, with the majority of the funds going to the Bezos Learning Institution, a new science, technology, engineering, and arts (STEAM) teaching center.
The donation will pay the cost of renovations and a new science, technology, engineering, and arts (STEAM) education center, according to the terms of the agreement seen by MarketWatch. It will be housed in a new structure attached to the National Air and Space Museum’s East Wing on the National Mall in Washington, D.C.
Along with the STEAM center, a substantial part of the renovations will concentrate on the museum’s existing restaurant area this spring, with the goal of opening it in 2026 to commemorate the National Air and Space Museum’s National Mall building’s 50th anniversary and the United States’ 250th anniversary, according to a spokeswoman.
Bezos’ name will also be etched on a new glass sculpture that will be displayed on a wall in the Smithsonian Castle’s Distinguished Benefactors Room, and also another donor wall at the National Air and Space Museum in Virginia, commemorating all $10 million or more donors.