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Amazon鈥檚 Bezos Pledges $2 Billion for Preschools, Homeless Families

By Michele Molnar 鈥 September 18, 2018 1 min read
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Amazon CEO Jeff Bezos, considered the world鈥檚 richest man, last week announced that he and his wife, Mackenzie, are contributing $2 billion to launch new preschools in underserved communities and tackle the issue of homelessness in young families.

The philanthropic efforts will come under the umbrella of the Bezos Day One Fund, the billionaire wrote via Twitter, which he said 鈥渨ill launch and operate a network of high-quality, full-scholarship, Montessori-inspired preschools in underserved communities.鈥 The other priority will be supporting organizations and civic groups doing 鈥渃ompassionate, needle-moving鈥 work to provide food and shelter for young homeless families.

He vowed to build an organization that will start and operate the preschools where 鈥渢he child will be the customer,鈥 a rare use of the business concept about preschoolers.

Bezos has come under some criticism for not sharing more of his wealth in the form of philanthropy, and earlier this year, he asked his Twitter followers for ideas about how to give away his money.

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A version of this article appeared in the September 19, 2018 edition of 澳门跑狗论坛 as Amazon鈥檚 Bezos Pledges $2 Billion for Preschools, Homeless Families

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