& # 39; The world's richest man Jeff Bezos is donating $ 98.5 million to help homeless families

& # 39; The world's richest man Jeff Bezos donates $ 98.5 million of his $ 109 billion fortune to 32 organizations that help homeless families

  • Jeff Bezos & # 39; Day 1 Families Fund announced the donations for 2019 on Thursday
  • The recipients are groups that work on shelter for homeless families
  • Last year, Bezos gave $ 97.5 million to organizations that fight homelessness
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Amazon CEO Jeff Bezos, & # 39; the world's richest man, has announced that in 2019 he will donate $ 98.5 million to 32 organizations that help homeless families.

The foundation for the charity of the billionaire, the Bezos Day 1 Fund, announced the donations on Thursday. Bezos launched the foundation in September 2018 and promised $ 2 billion to finance it.

The foundation has two objectives: financing organizations that help homeless families, and launching kindergartens inspired by Montessori.

Donations went to 32 groups in 23 states this year and ranged from $ 1.25 million to $ 5 million.

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Last year, Bezos gave $ 97.5 million to organizations that fight homelessness to 24 organizations in 16 states.

So far, the fund has not announced any donations for the establishment of Montessori schools.

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

Bill Gates is a close second, and the two have moved back and forth in the last few days in first place, as the price of Amazon and Microsoft shares fluctuated.

The rivalry only increased after the Pentagon made the controversial move to award a $ 10 billion cloud computing contract to Microsoft.

Amazon from Bezos has challenged the award of the JEDI contract to Microsoft and claims that politicians have ruined a fair contract process.

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