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Pierre Omidyar, the billionaire founder of eBay, has donated to groups that support abolishing police, according to a report.

SCIENCE & TECH: eBay founder Pierre Omidyar gives nearly $2M to defund police

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The billionaire founder of e-commerce site eBay plowed money into a private security startup billed as the โ€œUber for bodyguardsโ€ โ€” while also donating nearly $2 million to groups that advocate de-funding or abolishing the police, according to a report.

Pierre Omidyar, whose wealth is valued by Bloomberg Billionaires Index at $8.91 billion as of Friday, reportedly forked over $500,000 to organizations that protested the police-involved killing of George Floyd in 2020 through his charitable group, the Omidyar Network.

Two other organizations tied to the Omidyar Network โ€” PolicyLink and Democracy Fund โ€” received $1.3 million to sponsor a website called DefundPolice.org, a tool used by advocates to call for cuts to police budgets, according to independent journalist Lee Fang.

The Omidyar Network donated $300,000 to The Movement for Black Lives, an organization that describes itself as an โ€œabolitionistโ€ coalition, reported Fang, who prior to becoming an independent journalist worked for years as a reporter for The Intercept, a news site founded by Omidyar.

โ€œWhen we say โ€˜defund and abolish the police,โ€™ we mean exactly that,โ€ the Movement for Black Lives wrote in a recent statement.


Pierre Omidyar, the billionaire founder of eBay, has donated to groups that support abolishing police, according to a report.
Corbis via Getty Images

Calls to defund and abolish police grew in the wake of the 2020 police-involved killing of George Floyd in Minneapolis.
Calls to defund and abolish police grew in the wake of the 2020 police-involved killing of George Floyd in Minneapolis.
AFP via Getty Images

Fang cited tax records showing that Omidyar Network gave another $100,000 to a Chicago-based group called Equity and Transformation, which flies the banner of โ€œdefund[ing] police.โ€

But as a private investor, Omidyar has poured his considerable wealth into start-ups such as Bond, a New York-based company that allows people to order a bodyguard on demand, Fang wrote.

The Post has sought comment from the Omidyar Network.

Founded in 2017, the company raised $72 million in funding, including investments from Omidyar. Former NYPD Commissioner Ray Kelly is an advisor to the Bond board.

โ€œWith the Bond platform, bodyguards are no longer just for celebrities and executives,โ€ according to the companyโ€™s website.


Omidyar is also reportedly an investor in the Bond app, a private security company that allows users to order a bodyguard on demand.
Omidyar is also reportedly an investor in the Bond app, a private security company that allows users to order a bodyguard on demand.

โ€œNow you can reserve affordable, highly-trained, and professional bodyguards whenever you need them, on-demand via the Bond platform and app.โ€

Omidyarโ€™s investment portfolio also includes a stake in Deep Sentinel, an AI-powered security camera system that is used to identify intruders, according to Fang.

Both the Bond app and Deep Sentinel have used the nationwide surge in crime โ€” much of it attributed to the Defund the Police movement โ€” to offer their products as alternatives.


Calls to defund police have coincided with a surge in crime nationwide.
Calls to defund police have coincided with a surge in crime nationwide.
LightRocket via Getty Images

Kelly told Fox News that โ€œthe police unfortunately have taken a step backโ€ in recent years and that Bond โ€œfills in the gap when you feel somewhat uncomfortable.โ€

Deep Sentinel recently told Fox News that its business has โ€œtripledโ€ in the last year due to concerns over rising crime.



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