Amazon's Jeff Bezos pledges £2bn to help deprived families


In 2012, he donated $2.5 million to uphold Washington state's same-sex marriage law. And Sen. Bernie Sanders, I-Vt., has held Bezos up as an example of a leader of a company that does not pay its workers enough. "That is what a rigged economy looks like".

A separate "Academies Fund" would open and operate "a network of high-quality, full-scholarship, Montessori-inspired preschools in underserved communities", he wrote.

In 2016, Bezos was asked if he planned to pursue philanthropy like Gates has. Almost 200 people from 22 countries have signed on, including Facebook founder Mark Zuckerberg, Tesla's Elon Musk, Carl Icahn, T. Boone Pickens and Ted Turner.

"I don't feel the need to defend Amazon", Bezos said.

Charitable giving has become particularly important, experts say, amid rising income inequality in the United States.

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The fight soured many more locals on Amazon and Bezos, and also overshadowed the growing portfolio of philanthropy they had done in the city.

Last year, Bezos solicited advice from the public via Twitter, asking how he could best use his wealth to help people "right now".

Along with running Amazon the tech mogul owns space exploration company Blue Origin and the Washington Post newspaper.

He said "we have made tremendous progress" in the search but offered no clues, despite reports that Amazon board members had visited locations in the Washington suburb of Arlington, Virginia.

Amazon CEO Jeff Bezos has mounted a vigorous defence of press freedom, saying President Donald Trump should be "glad" to face media scrutiny. "But it is really unsafe to demonize the media". It's risky to call the media low-lifes. "It's risky to say they are the enemy of the people".

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Mr Jeff Bezos, founder of Amazon and owner of the Washington Post newspaper, warned on Thursday (Sept 13) that President Donald Trump's attacks on the media are risky for the country.

"The customer is going to be the child", Bezos said. Business innovators who invent products that empower, authors who write books that inspire, government officials who serve their communities, teachers, doctors, carpenters, entertainers who make us laugh and cry, parents who raise children who go on to live lives of courage and compassion, and many more. "We're going to be scientific when we can be, and we're going to use heart and intuition when we have to".

The Bezos Day One Fund will be made up of the Families Fund and the Academics Fund.

How does Jeff Bezos, the richest person alive, spend his billions?

With a little more than three months left in the year, Amazon CEO Jeff Bezos says he still intends to announce a decision on where its second headquarters will be located before the new year.

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The private non-profit foundation in its 2016 tax filing reported almost $46 million U.S. in assets, and giving away $30 million USA in grants support its missions in early education, K-12 schools reform and youth leadership development and scholarships.