The 2007 Led Zeppelin reunion at London’s O2 Arena was part of an effort to raise money for the Ahmet Ertegun Eduction Fund. The AP reported yesterday that the total raised by the band and Ertegun’s widow after the show amounted to a $41 million donation to Oxford University.

Ertegun founded Atlantic Records, and had a heavy influence on Led Zeppelin, as well as Ray Charles and Eric Clapton. Mica Ertegun says her husband loved the arts, and would be pleased to see so many students benefiting from scholarships in his name.

Oxford University announced that there would be 15 annual international scholarships initially, but the Mica and Ahmet Ertegun Graduate Scholarship Program will benefit up to 35 students in future years. They are geared toward students who will study literature, history, music, art history, Asian studies, Middle Eastern studies and archaeology.

Led Zeppelin’s 16-song concert in December 2007 was the first full show that the remaining members of the band had performed together since drummer John Bonham’s death. Reviews were positive, and many left wondering if they’d do more shows together in 2008 and beyond. That never happened.

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