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Amazon's Jeff Bezos commits $2 billion to help homeless, pre-schools


By Munsif Vengattil and Jeffrey Dastin(Reuters) - Jeff Bezos, Inc's founder and the world's richest person, said on Thursday he will commit $2 billion to helping homeless families and starting pre-schools for low-income communities.The announcement marks a deeper foray into philanthropy for Bezos, whose fortune has soared to more than $160 billion thanks to his stake in Amazon. Dominance in e-commerce and the nascent field of cloud computing has made Amazon the world's second-most valuable public company.Bezos solicited ideas on Twitter last year for ways to donate some of his ...

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First Published: Fri, September 14 2018. 08:31 IST