World’s Richest Man Jeff Bezos Devotes Less than 1% Of $136 Billion Fortune To Philanthropy
ByAmy Lamareon February 4, 2019inArticles›Billionaire News
Public records recently revealed that Bezos has given just over $145 million to charity over the years. That is 0.10661764% of his fortune. That equates to roughly $90 per $100,000. By comparison Bill and Melinda Gates give 37% of their wealth to philanthropic efforts. Former mayor of New York City Michael Bloomberg donates 13%. Even President Donald Trump gives more away than Bezos – 3%
This figure does not include the $2 billion pledge that Bezos and his estranged wife, MacKenzie, announced in the fall to issue annual awards to groups that shelter and feed homeless families with young children as well as setting up free preschools in underserved communities. Even if this $2 billion is included in Bezos’ total, his giving is way way way below other wealthy philanthropists.
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“It’s not very encouraging. Bezos needs to be more philanthropic. The record of both Amazon and Jeff Bezos reveals that they are takers, not givers. When they make promises of how generous they will be, I look at what they have done in the past to know what the truth really is.”
“While I’m glad that Amazon recognizes that Queens is a great place to do business, I’m concerned about the lack of community input and the incentives that Amazon received in order to convince them to bring these jobs to New York. One of the wealthiest companies in history should not be receiving financial assistance from the taxpayers while too many New York families struggle to make ends meet.”
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