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World’s richest man gives $2bn to help the homeless

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Amazon chief Jeff Bezos is putting $2bn (£1.5bn) into a charitable fund he has established to help the homeless and set up a new network of schools.

The world’s richest man announced the move in a tweet, saying the charity would be called the Day One Fund.

Mr Bezos – reportedly worth more than $164bn – has faced criticism for not doing more philanthropic work.

And US Senator Bernie Sanders has criticised working conditions in Amazon warehouses.

Mr Bezos asked on Twitter last year for suggestions on how he might use his personal fortune, which this year has soared due to Amazon’s surging share price and US tax cuts.

He said on Thursday that the “Bezos Day One Fund” will contribute to “existing nonprofits that help homeless families” and also fund “a network of new, nonprofit, tier-one preschools in low-income communities”.

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About Don Saint

PR Guru / Author / Promoter / Controversial Writer / Hip Hop Artiste / Actor / Human Rights Activist. The First Nigerian Hip Hop Artiste to obtain a Masters Degree (M.A) in Arts ( Religion & Human Relations). The author of one of the most controversial books in Nigeria; "Emancipation from Masturbation". With over 12 Movies and 3 Musical albums since 2003. Former Events Manager at Silverbird’s Rhythm Fm Awka Station till 2010. For more info. Call : 08033239298, 08056381068.

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