Bezos promises Amazon HQ2 decision will be announced by year's end

Bezos promises Amazon HQ2 decision will be announced by year's end

The Day 1 Academies Fund, meanwhile, "will launch and operate a network of high-quality, full-scholarship, Montessori-inspired preschools in underserved communities".

In brief: To say that Jeff Bezos has a lot of money is an understatement. "In the caption, he wrote, "September is Childhood Cancer Awareness month", he further wrote that Amazon employees around the globe will be wearing pjs to work to show their solidarity and support to children suffering from the deadly disease".

The new philanthropic effort is called the Bezos Day One Fund, a nod to the executive's management philosophy that organisations must view every day with the fervour of a new start, or face stagnation and decline.

Mr Bezos, who is the world's richest person with a net worth of $164bn (£125bn), said: "We'll use the same set of principles that have driven Amazon".

However, he has recently said he is looking to use his wealth for philanthropy, following in the footsteps of Bill Gates and Mark Zuckerberg.

And he also hasn't signed The Giving Pledge, an initiative created by the Gateses and Buffet that encourages billionaires to give away the majority of their wealth to philanthropy.

Bezos disappointed them all, saying only that he would make a decision on the location of the new headquarters by the end of the year.

Sharks Acquire Erik Karlsson From Senators
On the topic of their futures, Dorion said the organization would let "nature take its course". "The ball will be in his court". He averaged more than 28 minutes of ice time despite having torn tendons in his left foot, which required off-season surgery.

He also operates the private space exploration firm Blue Origin and owns The Washington Post.

A picture shared by Amazon chief Jeff Bezos on Instagram. In January, he said he would donate $33 million to a scholarship fund for young "dreamers", immigrants brought to the United States illegally as children.

Bezos asked for suggestions for philanthropic focuses in a tweet a year ago.

The staggering fortunes of the likes of Bezos, Gates and Facebook CEO Mark Zuckerberg have created a second Gilded Age in the United States and "a new generation of megagivers", Callahan said. "If you can give somebody a leg up when they're 2, 3 or 4 years old, by the time they get to kindergarten of first grade, they're much less likely to fall behind".

Launched in 1994 as an online bookseller, Amazon has become a retail powerhouse operating globally, and has expanded into streaming video, music, cloud computing and other segments, and previous year acquired the Whole Foods grocery chain.

What Trump "should say [of criticism] is, 'This is right, this is good".

Related Articles