Amazon chief Jeff Bezos is placing $2bn (£1.5bn) into a charitable fund he has established to help the homeless and prepare a peculiar network of colleges.
The enviornment’s richest man announced the dash in a tweet, announcing the charity would possibly maybe well well be called the Day One Fund.
Mr Bezos – reportedly payment more than $164bn – has faced criticism for not doing more philanthropic work.
And US Senator Bernie Sanders has criticised working stipulations in Amazon warehouses.
Mr Bezos requested on Twitter final year for suggestions on how he would possibly maybe well well exhaust his private fortune, which this year has soared attributable to Amazon’s surging fragment impress and US tax cuts.
He acknowledged on Thursday that the “Bezos Day One Fund” will contribute to “fresh nonprofits that relief homeless households” and likewise fund “a network of contemporary, nonprofit, tier-one preschools in low-earnings communities”.
The fund will be rupture up between Day 1 Families Fund and Day 1 Academies Fund.BBC NEWS