Jeff Bezos and his wife doanates 2 billion dollars

[Value Buy]

to help the homeless and preschoolers.

www.nytimes.com/2018/09/13/technology/jeff-and-mackenzie-bezos-pledge-2-billion-for-homeless-and-preschoolers.htm
Billionaires like him will do anything to get a tax deduction.

[happyhoix]

I think Bezos is just trying to improve his public image a little.

There is an Amazon warehouse near here and they have a horrible reputation on how they treat their employees. Hard to get approval to take a bathroom break, low pay, demoralizing work conditions. Someone felt obligated to pee in a bottle rather than take a bathroom break. Median salary for an amazon worker is 28K.  Meanwhile, Bezo's net worth is 163 billion dollars.

www.cbsnews.com/news/inside-an-amazon-warehouse-treating-human-beings-as-robots/

Jeff spending 2 billion on this new project would be like me spending $1187.  So yah, maybe a tax break, but a very small one.

www.cnbc.com/2018/09/13/bezos-spending-2-billion-feels-like-what-for-the-average-american.html

[kadee79]

A teeny, tiny drop in the bucket for him/them.  When they start donating like Gates & Buffet...THEN it should be news.

This is just simply PR is all!  It didn't impress me.  Think I saw where it was 1.2% of his worth...whoop-te-do!

[kadee79]

And more questions about this "give away"....

Amazon CEO Jeff Bezos finally shared more details of his philanthropic efforts on Thursday, announcing a new $2 billion fund, called "Day One Fund," to help homeless families and create preschools.

The announcement came more than a year after Bezos asked his Twitter followers for ideas on how to give away his fortune, and on the heels of growing public criticism on his lack of philanthropic activities.



But philanthropic experts say the announcement — while a good start — still has many unanswered questions that need to be addressed as the world's richest person accelerates his plan to give back.

"The announcement answers the questions we had before about what the priorities are going to be," said Janet Camarena, director at Foundation Center, a nonprofit organization for philanthropy. "Now we're waiting for the next chapter to hear the details of how he's going to grow this."

Here are five of the most pressing questions about Bezos's new fund:

www.msn.com/en-us/money/companies/amazon-ceo-jeff-bezoss-new-dollar2-billion-philanthropic-fund-faces-many-unanswered-questions/ar-BBNp0X9?li=BBnb7Kz

[dezii]

Sept 14, 2018 10:37:44 GMT -5 kadee79 said:

A teeny, tiny drop in the bucket for him/them.  When they start donating like Gates & Buffet...THEN it should be news.

This is just simply PR is all!  It didn't impress me.  Think I saw where it was 1.2% of his worth...whoop-te-do!

$163 Billion..?  I would think that would be a full time job trying to figure out what to do with that type of fortune...Possible best thing just spend it and enjoy it..

[Gardening Grandma]

I’d be more impressed if they paid their employees a decent wage with benefits.

[Tennesseer]

Impressed or not, it's two billion dollars the homeless and preschoolers didn't have pledged to them three days ago. 

[The Walk of the Penguin Mich]

Sept 14, 2018 10:37:44 GMT -5 kadee79 said:

A teeny, tiny drop in the bucket for him/them.  When they start donating like Gates & Buffet...THEN it should be news.

This is just simply PR is all!  It didn't impress me.  Think I saw where it was 1.2% of his worth...whoop-te-do!

How do you know this is all he has donated?  It was a large donation, that got publicity, but how many $1 million donations did he make that got no publicity?

We don’t tell what we donate, do you?  Some of our donations are large, others not so much.

[billisonboard]

Sept 17, 2018 13:41:47 GMT -5 The Walk of the Penguin Mich said:

... how many $1 million donations did he make that got no publicity?

.

I never make it a big deal when I toss pocket change into the red kettle.

[The Walk of the Penguin Mich]

Sept 17, 2018 14:29:47 GMT -5 billisonboard said:

Sept 17, 2018 13:41:47 GMT -5 The Walk of the Penguin Mich said:

... how many $1 million donations did he make that got no publicity?

.

I never make it a big deal when I toss pocket change into the red kettle.

That's my point, on a different scale.