Published On: Sun, Nov 2nd, 2014

David Rubenstein Gives $10 Million to Montpelier

Carlyle Group - David M. Rubenstein - Wikipedia

David Rubenstein, who has donated millions to the restoration and preservation of historic sites, has given $10 million to Montpelier, the home of the fourth President of America, James Madison. This follows Rubenstein’s donations of $5 million to the Washington visitor’s center and $12.3 million to the Arlington House, the home of Robert E. Lee. He also gave substantial funds for the rebuilding of the Washington Monument after the 2011 earthquake.

The amount given to Montpelier will fund the refurbishing of the historical site. Following his presidential term from 1809-1817, Madison retired there with his wife, Dolly. Rubenstein told the Washington Post, “I do believe we should learn more about history, and particularly history relating to the rights and freedoms this country has … I want to make Montpelier an attractive destination.” Rubenstein is a co-founder of the  Carlyle Group.

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