- Jeff Bezos was named the richest man in modern history this July, with Bloomberg reporting that his fortune hit $150 billion.
- Until this week, however, Bezos hadn't engaged in much philanthropy, and he is the only American among the world's five richest people to not join the Giving Pledge.
- On Thursday, Bezos announced the launch of a $2 billion fund to support homeless families and education programs in underserved communities.
- The announcement comes more than a year after Bezos asked his Twitter followers for input on choosing a short-term philanthropic strategy.
ADVERTISEMENT
Jeff Bezos is the richest man in modern history — here's how he spends on philanthropy
Jeff Bezos was named the richest man in modern history in July, but he hadn't engaged in much philanthropy until this week. On Thursday, he announced the launch of a $2 billion fund to support homeless families and education programs in underserved communities.
ADVERTISEMENT
Jeff Bezos was named the richest man in modern history when his fortune hit the $150 billion mark in July. But he had not engaged in much philanthropy — at least publicly — until this week.
FOLLOW BUSINESS INSIDER AFRICA
ADVERTISEMENT
Recommended articles
10 African countries with the most intelligent people - report
5 interesting facts about Nigeria’s second richest man as he marks 71 years
Ireland considers halting visa-free travel for South Africa
The US asserts that it is a better option for Africa than Russia and China
Malak El Masry speaks on championing entrepreneurship and art in Africa
Junta led Burkina Faso suspends more foreign media over killings coverage
10 African countries with the strongest merchant marine fleet
Who are Africa's biggest Esports teams?