Amazon boss calls Trumps attacks on media ‘dangerous’

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We reached out to Amazon for more information and were directed to contact four individuals who were "briefed and are willing to talk to media" - the CEOs of Community of Hope, the National Alliance for Ending Homelessness, the Buffett Early Childhood Fund, and Mary's Place (which receives a special mention in Bezos's announcement.) Amazon would not provide comment on the Day 1 Fund or contact information for anyone directly involved in disbursement.

More than a year after putting out an open call for suggestions about what to do with his spectacular wealth, Jeff Bezos has come back with a decision.

There will also be full scholarships for Montessori-inspired preschools in "underserved" communities, he said. It is a contrast to the long view that Bezos has preached at Amazon and Blue Origin, the space-travel technology company he has been funding with $1 billion a year through the sale of Amazon stock.

"Never have I been more comfortable at an Amazon board meeting!" he wrote on Instagram.

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. City leaders quickly rescinded the levy. "So when someone like Jeff Bezos admirably steps into the area of giving, it's helpful but we also have systematic problems in wages and labor, healthcare and education, that need to be addressed at the root". The most notable involving more than $40 million United States to the local nonprofit FareStart - a hospitality training program and restaurant business that aims to combat homelessness and poverty - and Mary's Place, whose mission to find and provide shelter for every child.

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"He's a pretty incredible neighbour, him and [his wife] MacKenzie", said Mary's Place director Marty Hartman. "The child will be the customer".

Since then, he and his wife have built the Bill & Melinda Gates Foundation, which had an endowment of US$51 billion at the end of 2017 and pledges to spend all its resources within 20 years of its founders' deaths.

The foundation stepped up to help Seattle when the city worked to launch its universal pre-K program in 2014.

Earlier this year Amazon played a pivotal role in diminishing and ultimately defeating a Seattle business tax to fund homelessness services and affordable housing. "Jeff Bezos is our enemy, he is our enemy", Sawant said before the council voted.

Last year, Bezos took to Twitter to request ideas for how he use his vast fortune for good. In January, Bezos also personally gave $33 million USA in college scholarships for young immigrants living in the U.S. illegally.

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