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18th of November 2018

Economy



Amazon's Jeff Bezos launches $2-billion fund to help homeless families and create preschools

Until now, Bezos, 54, had taken only small steps into philanthropy. The Bezos Family Foundation, best known for its support of children’s education, has been largely funded by his parents from Amazon holdings they acquired as early investors in their son’s enterprise. Outside of that, Bezos and his family’s known donations have included gifts to Princeton University and Seattle’s Fred Hutchinson Cancer Research Center, according to the Chronicle of Philanthropy.

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