Jeff Bezos is making his first donations since the Amazon founder pledged last week to give away most of his net worth, estimated at $116 billion.
On Tuesday, the Bezos Day One Fund announced $123 million in grants to 40 organizations across the U.S. The Fund said it hoped the donations would “help families move from unsheltered homelessness and shelters to permanent housing with the services they require to achieve stability.” The Day One Fund, launched in 2018, is a $2 billion commitment by Bezos to help homeless families and build preschools in low-income areas.
