This is Schwarzman’s first donation in Israel. His net worth was estimated at $13 billion.
The library which includes the world’s largest assemblage of Jewish texts includes materials about Islam and the Middle East.
Schwarzman hopes the gift will fund classrooms and education workshops which will foster inclusiveness and “cross-cultural relationships” between Jews, Christians, and Muslims.
On Wednesday Schwarzman explained the collection “enables all different types of groups to be comfortable in that setting and see things that reflect their historical backgrounds.”