Michael Bloomberg has announced a donation of $28 million to support the reconstruction of northern areas in Israel that sustained significant damage during the recent war.
This commitment underscores Bloomberg’s long-standing support for Israel and its communities and his history of philanthropy in times of crisis.
Bloomberg’s donation will support rebuilding efforts, including infrastructure repairs, restoration of public facilities, and aid to residents affected by the conflict.
Senior local government officials in the region view this contribution as an initial investment, anticipating further assistance will be required to recover from the devastation.
This latest gift is not Bloomberg’s first significant contribution to Israel.
Over the years, he has donated extensively to various causes in the country. In 2014, during Israel’s Operation Protective Edge, Bloomberg donated a substantial sum to purchase medical equipment and support relief efforts. He has also been a vocal advocate for Israel internationally, providing financial support for initiatives such as Israel’s national emergency medical and disaster relief service.
Beyond emergency relief, Bloomberg has invested in long-term development initiatives in Israel, particularly in education, technology, and innovation.
His contributions have supported programs at Israeli universities, such as the Technion—Israel Institute of Technology, and fostered collaborative ventures in science and research between Israel and the United States.