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Amazon CEO Jeff Bezos Donates $98.5 Million To Help Homeless Families

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Amazon CEO Jeff Bezos Donates $98.5 Million To Help Homeless Families

The world’s richest man, Amazon CEO Jeff Bezos, has announced that he is donating $98.5 million in 2019 to 32 organizations that help shelter homeless families.

The 55-year-old billionaire’s charity foundation, the Bezos Day 1 Fund, announced the donations this past week.

Back in September 2018, Bezos launched the Bezos Day 1 Fund pledging $2 billion to fund it.  The foundation’s two main aims included funding organizations that help homeless families, and providing quality education in low-income communities.

The world's richest man, Amazon CEO Jeff Bezos, has announced that he is donating $98.5 million in 2019 to 32 organizations that help shelter homeless families.

The world’s richest man, Amazon CEO Jeff Bezos, has announced that he is donating $98.5 million in 2019 to 32 organizations that help shelter homeless families.

Recent funding went to 32 groups in 23 different states, and ranged in size from $1.25 million to $5 million, according to the reports. The Bezos Day 1 Fund website explains that the money has gone to “Meaningful, high-impact work to provide shelter and support for young families in communities across the country”.

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Last year Bezos gave $97.5 million to organizations fighting homelessness to 24 organizations in 16 states.

Jeff Bezos has an estimated net worth of $109 billion, making him the richest man in the world.

We are certain the money Jeff Bezos has donated will make such a huge difference to the lives of many people with no place to call home and help provide necessities for a lot of them.

Remember to share this article to encourage more people to help get homeless people off the streets, provide them with necessities and give them a second chance in life.

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