Amazon CEO Jeff Bezos launches a $2 bln philanthropic fund

14 Septembre, 2018, 17:10 | Auteur: Auguste Feret
  • Amazon CEO Jeff Bezos

When Seattle passed a tax in May on large companies to fight the city's growing homelessness crisis, Amazon balked and even temporarily halted construction planning on a new high-rise building near its headquarters.

Zuckerberg, 34, and his wife Priscilla Chan said in 2015 that they planned to give away 99 per cent of their Facebook stock. "You're really improving their odds". "These are exciting questions". Apple reached that milestone a few weeks earlier. In 2012, he donated $2.5 million to uphold Washington state's same-sex marriage law.

And US Senator Bernie Sanders has criticised working conditions in Amazon warehouses. "That is what a rigged economy looks like".

Outside that, Bezos and his family's known donations have included gifts to Princeton University and Seattle's Fred Hutchinson Cancer Research Centre, according to the Chronicle of Philanthropy. 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.

Amazon founder and chief executive Jeff Bezos said Thursday he was not anxious about the potential for anti-trust scrutiny of the company as it becomes an important economic force.

Employees at Amazon followed Jeff Bezos example and also started 'PJammin'.

Mr Bezos solicited ideas on Twitter previous year for ways to donate some of his wealth. At the time, he said he was interested in projects that address urgent need but also produce lasting impact.

In coming to his decision on what areas to pursue, he said on Twitter Thursday that he wanted to continue finding ways to improve society from one generation to the next.

He also operates the private space exploration firm Blue Origin and owns The Washington Post.

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The Amazon chief's wealth has become problematic for some.

When asked about it, Bezos called it a "mistake" for any elected official to "attack media and journalists".

Some analysts have suggested Amazon could face antitrust scrutiny over its growing power in the economy, and President Donald Trump has accused the company of taking advantage of the Postal Service, despite studies suggesting the internet giant's deal has been beneficial to the USA government postal operator. "I am glad I am being scrutinized, ' and that would be so secure and confident", Bezos said in comments reported by Reuters.

"It's risky to demonise the media", Mr Bezos said. It's risky to call the media low-lifes. "It's unsafe to say they're the enemy of the people".

"The customer is going to be the child", Bezos said. Most important among those will be genuine, intense customer obsession. We're going to be obsessively, compulsively focused on the child.

Bezos thanked people for sending in suggestions about what he should spend money on.

Jeff Bezos, who is both famously uncharitable and the wealthiest man in modern history, announced today via a tweet that he'd be allocating $2 billion (about £1.5 billion) - a little over 1 per cent of his net worth - to housing and educating underserved communities.

We will build an organization to directly operate these preschools.

This article was written by Christian Davenport and Abha Bhattarai, reporters for The Washington Post.

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