Sir Michael’s pledge will go towards the development of an Olympicopolis centre for the Smithsonian on the Olympic Park site in east London:
The plan to create a European outpost for the Smithsonian, a group of 19 museums and galleries, plus research centres and a zoo, was made public in January when it agreed to open formal talks with the London Legacy Development Corporation.
This latest pledge is part of Sir Michael’s ongoing commitment to philanthropy. He has supported a range of cultural projects and institutions including the Natural History Museum, to which he donated £5 million, the largest single donation in the museum’s history. He has also sponsored two major galleries at the Victoria & Albert Museum and provided vital funding to the Old Vic Theatre in London.