Bezos says Amazon’s second headquarters will be revealed by end of 2018

14 September, 2018, 09:26 | Author: Patty Aguilar
  • Amazon CEO Jeff Bezos

Amazon CEO Jeff Bezos seems to be Seattle City Councilmember Kshama Sawant's arch-nemesis, so it only makes sense that she would have something to say about the entrepreneur's $2 billion charitable fund toward homelessness and education.

With a personal fortune of US$163.8 billion, according to the Bloomberg Billionaires Index, the Amazon chief executive officer had been largely invisible in the world of philanthropy.

In a post to his Twitter account, Bezos said one part of the fund will give money to organizations and groups that provide shelter and food to young homeless families.

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.

"We'll use the same set of principles that have driven Amazon", Bezos wrote. Citing the Amazon mantra of customer obsession, Bezos said in a tweet here: "The child will be the customer".

The newspaper says Bezos has no involvement in its news coverage. "Jeff Bezos is our enemy, he is our enemy", Sawant said before the council voted. With #PJammin, scores of Amazon employees joined their boss to support the cause and drive attention to raise awareness.


The company's push to build a second home base highlights how massively Amazon has expanded during its 20-plus year history.

"Thank you so much for supporting kids like mine by advocating for childhood cancer funding!" wrote one person in the comments section. Zuckerberg's shares in the social network are now valued at about US$61 billion.

It also falls short of the "giving pledge" initiative launched by Gates and billionaire investor Warren Buffett, who have encouraged wealthy individuals to pledge half their fortunes for philanthropy.

Launched in 1994 as an online bookseller, Amazon has become a retail powerhouse operating globally, and has expanded into streaming video, music, cloud computing and other segments, and past year acquired the Whole Foods grocery chain.

In 2016, Amazon renovated a vacant hotel on land designated for its new headquarters so it could be used temporarily by the non-profit Mary's Place to shelter 200 homeless families.

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