Jeff Bezos searches for philanthropic ideas

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“I’ve got over $80 billion. Now what?”


Jeff Bezos, the world’s second richest person is asking the public for philanthropy ideas.

In a tweet Thursday afternoon, the Amazon founder called on people to respond with their thoughts. An hour later, the tweet has already received more than 2,700 comments, including pitches to fund women’s healthcare or help military veterans re-purpose their skills.

“I’m thinking I want much of my philanthropic activity to be helping people in the here and now — short term — at the intersection of urgent need and lasting impact,” he wrote.

Bezos, who is currently worth $83.7 billion, is not a big name in philathrophy, at least not yet. He has made donations for health research, and arts and culture, according to inside Philanthropy, including gifts to the Fred Hutchinson Cancer Research Center.

His parents run the Bezos Family Foundation, which regularly donates to causes.

Thursday’s tweet, though, could hint at Bezos becoming a more active philanthrophist.

In comparison, several of Bezos’ peers on the world’s richest list have gained significant notoriety for their charity work. Bill Gates, the world’s richest person, and his wife started the Bill and Melinda Gates Foundation; Warren Buffett, the world’s fourth richest person, pledged most of his fortune to that foundation. Meanwhile, Mark Zuckerberg, the fifth-richest person, and his wife, Priscilla Chan, started the Chan Zuckerberg Initiative.

Bezos likes to focus on long-term projects, including his space exploration company Blue Origin and a clock that’s meant to last for 10,000 years. But for his charity work, he said he wants to make a more immediate impact. He referenced Mary’s Place, a homeless shelter in Seattle, Amazon’s hometown, as an example.


Courtesy Newsrep

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Onome Amuge is a Nigerian journalist and content writer known for his analytical and engaging reporting on business, finance, agriculture, commodities, and technology. He is currently a journalist at Business a.m., a Nigerian business-focused newspaper, where he has authored over 360 articles covering a wide range of topics including economic trends, market analysis, and policy developments.
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