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Jeff Bezos Announces $2 Billion Philanthropic Effort To Help Homeless Families and Start Preschools in Low-income Communities (nbcnews.com)
Rick Schumann writes: Amazon CEO Jeff Bezos and his wife MacKenzie on Thursday announced a $2 billion philanthropic effort aimed at helping homeless families and starting preschools in low-income communities. Bezos, believed to be the world's richest man, with a net worth of more than $160 billion, announced the new program on Twitter. "We're excited to announce the Bezos Day One Fund," he wrote. The fund will be split between the Day 1 Families Fund, which Bezos wrote will "issue annual leadership awards to organizations and civic groups doing compassionate, needle-moving work to provide shelter and hunger support to address the immediate needs of young families." The Day 1 Academies Fund "will launch and operate a network of high-quality, full-scholarship, Montessori-inspired preschools in underserved communities," Bezos said. Bezos said that the preschools will be directly operated by the organization and "use the same set of principles that have driven Amazon." "Most important among those will be genuine, intense customer obsession," Bezos wrote. "The child will be the customer." Bezos quoted the poet William Butler Yeats: "Education is not the filling of a pail, but the lighting of a fire."
He could give his employees decent salaries. That would help.
If Bezos paid his warehouse slaves a livable wage, there would many fewer poor. But then he wouldn't be worth $163B...
Think of it this way, you could give EVERY SINGLE AMAZON employee (all 563,000) a one time bonus of $177,500, and Bezos would still be worth $63 Billion dollars.
How much does a king need?