Categories: World News

Amazon Founder Bezos Donates $123 m To Homeless Families In US

In this file photo, Amazon Founder and CEO Jeff Bezos addresses the audience during a keynote session at the Amazon Re: MARS conference on robotics and artificial intelligence at the Aria Hotel in Las Vegas, Nevada on June 6, 2019. Mark RALSTON / AFP

 

In honour of this year’s Bezos Day One Fund, American entrepreneur and founder of Amazon, Jeff Bezos, is giving $123 million to groups assisting homeless families with permanent shelter.

Bezos in an Instagram video Tuesday revealed that over the past five years, he has awarded more than $500 million to 167 organizations.

“This year’s Bezos Day 1 Families Fund grants go to 40 incredible groups working to end homelessness in the U.S.

“In five years, we’ve given more than $500 million to 167 orgs – helping expand their support of families in need. Honored to support these groups.

READ ALSO: UK Top Court Rejects Scottish Independence Vote Plans

Launched in 2018, the Day One Fund is a $2 billion commitment by Bezos aimed at combating homelessness among families as well as building preschools in low-income settings.

Khadijat Lawal

Disqus Comments Loading...

Recent Posts

Diamond League: Noah Lyles Reigns In Rome 100m, Pathirage Stuns With Javelin

The four-time 200m world champion American pushed Cameroon's Emmanuel Eseme (9.94) into second with Letsile…

6 hours ago

Zelensky Calls For Meeting, Ceasefire In Open Letter To Putin

US President Trump, who has pushed both sides to end the conflict and boasted he…

7 hours ago

FCT General Hospitals Get Modern Vein-Finding Devices

The devices will also help assess superficial vein patterns and contribute to greater clinical efficiency…

7 hours ago

49 Die Of Thirst In Niger Desert After Truck Breaks Down

The dead were among a group returning from Mali for a Muslim festival when they…

7 hours ago

Guinea-Bissau Opposition Leader Kept Under House Arrest

Domingos Pereira was released under house arrest in January but has been accused of involvement…

7 hours ago

Liverpool Appoint Spaniard Iraola As New Boss

Iraola quickly emerged as Liverpool's top target to replace Slot, whose two-year reign came to…

7 hours ago