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May 04, 2015

David Rubenstein Adds $10 Million to Monticello Donation

Billionaire financier and history buff David Rubenstein announced a $10 million contribution Friday to reconstruction work at Thomas Jefferson's home of Monticello, The Washington Post writes. The gift doubles Mr. Rubenstein's spending for work to restore the Virginia plantation to its look in Mr. Jefferson's day, following an initial $10 million donation two years ago, and adds to his legacy of support for national landmarks.

Mr. Rubenstein has donated more than $75 million over the past five years to historic sites and landmarks, including the Washington Monument, the Kennedy Center, and the home of Robert E. Lee. The new Monticello money comes days after the co-founder of private-equity firm the Carlyle Group gave $5.37 million to refurbish the U.S. Marine Corps War Memorial, the famous bronze sculpture of the flag being raised at Iwo Jima during World War II. He discussed his patriotic giving in a "60 Minutes" interview that aired Sunday.