Michael Bloomberg, the wealthiest Jewish billionaire globally, has decided to donate 100 million shekels to rehabilitate the northern regions damaged during the war. At the start of the war, Bloomberg donated close to $44 million to Magen David Adom (MDA). According to a New York Times report at the time, Bloomberg, whose wealth is estimated at $96 billion, pledged to match the donations raised following an appeal by AFMDA (American Friends of Magen David Adom).
Bloomberg Foundation Official: Bringing Momentum and Development
James Anderson, a senior official at the Bloomberg Foundation, expressed support in a letter to municipal leaders in the north and south, emphasizing the importance of aiding reconstruction efforts:
“It is clear to us that the challenges you are facing will require combining a comprehensive strategic vision with critical local needs, leading to extensive regional development momentum. To achieve this goal and create a shared story with the residents, a shared destiny is needed—not only in disaster but also in growth and redevelopment.”
“This War Proved the Strength of Citizens and the Jewish Diaspora”
The head of the Mateh Asher Regional Council, Moshe Davidovich, said this morning:
“This war proved the strength of citizens and the Jewish diaspora in places where institutions failed. Thanks to Michael Bloomberg and other incredible Zionists who open their hearts and wallets, I am confident that not only will we rebuild the north, but we will lead it to unprecedented prosperity.”
The Reconstruction Proposal is Already Underway
Bloomberg plans to oversee the use of his donation through the Bloomberg Sagol Center for Municipal Leadership at Tel Aviv University. The center has recruited over 60 professionals specializing in project management who will operate across the 40 municipalities selected for the program.
In addition to the financial donation, the Bloomberg Center is providing its international knowledge base and experience in leadership programs in the U.S., including a new branch opened in Tel Aviv in collaboration with Harvard University.
