Bob Iger and Willow Bay Donate $5 Million to Help LA Small Businesses Struggling Due to COVID-19
Disney Executive Chairman Bob Iger and his wife Willow Bay donated $5 million to Los Angeles small businesses struggling due to COVID-19.
Last Thursday it was announced that Disney Executive Chairman Bob Iger and his wife Willow Bay donated $5 million to struggling businesses in Los Angeles. Iger and Bay donated to the emergency Covid-19 crisis fund also known as the Mayor’s Fund for Los Angeles.
“Thanks to an incredibly generous donation of $5 million from Willow Bay and Bob Iger, I’m proud to announce that 1,000 of our city’s hardest-hit businesses will come off that waiting list and be helped,” Mayor Eric Garcetti announced Thursday night. “Your new commitment will help these businesses weather this storm, and we are beyond grateful for your bold leadership.”
Bob Iger and Willow Bay’s donation to small businesses is very reminiscent to Dave Portnoy’s Barstool Fund which is currently helping a ton of small businesses all across the country. Portnoy’s Barstool Fund has raised over $27 million and counting for small businesses across the country.
At the beginning of the pandemic, Bob Iger and Willow Bay donated $500,000 to the Mayor’s Fund. The Mayor of LA Eric Garcetti and the thousands of LA businesses will appreciate Bob Iger and Willow Bay’s generous donation.
Zach Perilstein is the Editor-in-Chief of the Boardwalk Times