The CEO of Amazon and the world’s richest man declared this month that he’ll be wading into the waters of philanthropy. In a high-profile announcement, Jeff Bezos described his vision for a “Day One Fund”—a $2 billion investment in organizations that provide homelessness assistance, and a new network of nonprofit preschools in low-income communities. This charitable gift will amount to just 1.2 percent of his net worth.
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