Jeff Bezos, world’s richest man, calls Trump’s attacks on media ‘dangerous’

14 September, 2018, 12:13 | Author: Grady Montgomery

The wealth that Bezos has amassed hasn't come without controversy, as many critics point to poor working conditions at his facilities while others say he doesn't do enough for the public good.

The first will fund existing nonprofits and issue annual awards to organisations doing "compassionate, needle-moving work" to shelter and support the immediate needs of young families. Citing the Amazon mantra of customer obsession, Bezos said in a tweet here: "The child will be the customer".

Bezos has yet to join "The Giving Pledge" created by fellow billionaires Bill and Melinda Gates and Warren Buffett, whose more than 180 signatories have promised to give more than half of their fortunes to philanthropy. And Sen. Bernie Sanders, I-Vt., has held Bezos up as an example of a leader of a company that does not pay its workers enough.

Bezos and Amazon's board of directors are convening in Washington, D.C., this week ahead of a series of high-profile appearances for Bezos, who also is the owner of the Washington Post, among other personal properties.

The second will launch a network of "high-quality, full-scholarship" preschools in low-income communities, which a Day One Fund organization will directly operate.

Bezos hinted earlier this year that he would take on a major philanthropic project after asking his Twitter followers for ideas on how to give away his money.

Bezos's philanthropic push, devised with wife MacKenzie, will include building and operating a network of "Montessori-like" preschools to help prevent low-income family children from falling behind in their education.




He cited his work at his space company, Blue Origin, and his investment, estimated now at $1 billion a year, "in the future of our planet and civilization through the development of foundational space infrastructure". But it's really unsafe to demonize the media.

Inc Chief Executive Jeff Bezos said on Thursday the company would announce a decision on where it will build a second headquarters before the end of the year, and also said that President Donald Trump is wrong to "attack the media".

"The media", Bezos added, "is going to be fine".

"We're hoping that local, state and federal governments see this as a call to invest more in preschool and childcare", he said.

Bezos, now the world's richest person, asked Twitter followers a year ago for ideas about how he should shape his "philanthropy strategy".

But he paraphrased Washington Post editor Martin Baron as saying that "the adminstration may be at war with us, but we are not at war with the administration".

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