Read Jeff Bezos' full statement about his $2 billion Day One fund

14 September, 2018, 03:57 | Author: Jacqueline Daniels
  • Amazon CEO Jeff Bezos

There will also be full scholarships for Montessori-inspired preschools in "underserved" communities, he said.

Amazon founder Jeff Bezos plans to open and fund nursery schools in low income areas, promising that poor children would be treated like Amazon customers.

"We'll use the same set of principles that have driven Amazon", Bezos wrote.

Bezos, with an estimated fortune of more than $160 billion, is now the world's wealthiest man, according to Forbes.

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Well, I hope they will come out themselves and speak about themselves. "We'll see in the near future", he added. Mr Skripal and Yulia were poisoned in Salisbury, in the United Kingdom , in March.

"Thank you so much for supporting kids like mine by advocating for childhood cancer funding!" wrote one person in the comments section.

Bezos's personal wealth has soared with the value of Amazon, whose stock price has doubled over the past year with its expansion into new sectors and geographies. The following week, Bezos will speak at the Air Force Association conference in National Harbor, an appearance tied to his rocket company, Blue Origin.

Bezos is worth $164 billion, according to the Bloomberg Billionaires Index, a sum mostly derived from the about 16 percent stake in Amazon that he owns. Bezos' relative silence was a stark contrast to peers like Bill Gates and Warren Buffett who have given away tens of billions.

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

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It uses average forecast errors of the last five years to predict a storm's path, said Dennis Feltgen of the center. Florence could hit the Carolinas harder than any hurricane since Hazel packed 130 miles per hour winds in 1954.

Earlier this year Amazon played a pivotal role in diminishing and ultimately defeating a Seattle business tax to fund homelessness services and affordable housing. We will build an organization to directly operate these preschools. How he would use that fortune for philanthropy has always been a point of discussion, especially after June 2017 when he solicited ideas on Twitter for ways he could make a difference.

Bezos has yet to sign the Giving Pledge, an initiative launched by Gates encouraging billionaires to commit to giving away most of their wealth.

Last year, he donated $33 million to fund scholarship for "dreamers", the name given to undocumented children of immigrants who face legal obstacles in attending college or university.

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