Amazon chief Jeff Bezos gives $2bn to help the homeless

Jeff Bezos of Amazon speaks at the Bush Centers Forum on Leadership in Dallas

Amazon founder and CEO Jeff Bezos says he is giving $2 billion United States to start a fund that will open preschools in low-income neighbourhoods and give money to non-profits that helps homeless families.

How does Jeff Bezos, the richest person alive, spend his billions? Amazon's founder expanded on the pledge announced early Thursday - his largest philanthropic push yet - in an interview Thursday night with David Rubenstein, co-chairman of the Carlyle Group and host of "The David Rubenstein Show: Peer-to-Peer Conversations" on Bloomberg Television.

Bezos, during a question-answer session at a dinner hosted by the Economic Club of Washington, said Trump's attacks risk eroding protections and social norms important for democracy. The project promises 50,000 jobs over the next two decades. "Jeff Bezos is our enemy, he is our enemy", Sawant said before the council voted.

The "Day 1 Academies Fund" will start an organization to operate a new network of full-scholarship pre-schools for low-income communities.

Philanthropy experts called Bezos' approach direct and pragmatic, but said its success would depend largely on how the money was allocated and how willing the billionaire was to make changes along the way.

Trump has repeatedly said without evidence that package deliveries by the US Postal Service for Amazon were costing the service money. I'm glad I'm being scrutinized.' That would be so secure and confident.

With a personal fortune of nearly $164 billion, according to the Bloomberg Billionaires Index, the Amazon chief executive officer had been largely invisible in the world of philanthropy. His net worth has risen by $64.7 billion this year alone as Amazon's shares have surged.

While he has financially supported cancer research and scholarships for immigrants, among other causes, Mr Bezos has primarily devoted his fortune to his Blue Origin rocket company, which he described on Thursday as an "investment in the future of our planet through the development of foundational space infrastructure".

Bezos solicited ideas on Twitter a year ago for ways to donate some of his wealth. "The secret sauce of Amazon - the number one thing that has made us successful has by far is obsessive, compulsive focus on the customer".

Among the world's top tech CEOs, Bezos is not known for his philanthropy.

Many were eager to hear any hint of where Bezos had chose to put Amazon's second headquarters, with multiple locations in the Washington region in contention.

Bezos, and Amazon, have been criticized in Seattle for not doing more to help the needy and have become focal points in the booming region's angry debate about traffic, housing prices and homelessness.

"It's risky to demonize the media", Bezos said.

"There's no public figure who's ever liked their headlines".

Jeff Bezos may be minting billions, but he fantasises about being a bartender and making craft cocktails.A look at some fantasies - achieved or otherwise - of other big guns in the business world. He took that fantasy to the grave since California's law required competitions to allow entry without requiring a purchase.

"Luckily I'm sitting right across from him at the table so hopefully I'll get a chance to talk", said Hogan. It's a nice feeling... However, before you reach to any conclusion, let us tell you the real story.

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