Thursday, June 15, 2017

Amazon CEO Bezos asks Twitter followers how to donate his money

Amazon.com Inc’s (AMZN.O) billionaire founder Jeff Bezos on Thursday turned to an unusual source of inspiration for how to donate part of his wealth: Twitter.

“I want much of my philanthropic activity to be helping people in the here and now – short term – at the intersection of urgent need and lasting impact,” Bezos, one of the world’s richest people with a net worth of more than $76 billion, said in a Twitter post.

“If you have ideas, just reply to this tweet with the idea (and if you think this approach is wrong, would love to hear that too.)”

The request signaled a shift for Bezos, who has invested in longer-term bets like space exploration and kept quieter about other givings.

The e-commerce executive has said he will sell about $1 billion of Amazon stock annually to fund his company Blue Origin, which aims to cut the cost of space travel and kick off entrepreneurship in the cosmos.

Source: Amazon CEO Bezos asks Twitter followers how to donate his money | Reuters


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