Billionaire Jeff Bezos Makes N35bn Donation To Homeless Families

Jeff Bezos, the second richest person in the world on Thursday, November 21, announced he has donated $98.5 million (N35,451,808,000) to 32 organisations in 23 states to help homeless families.

The billionaire’s charity foundation, the Bezos Day 1 Fund launched in September 2018, gifted each organisation with a range of $1.25 million to $5 million (N1,807,525,000).

CNBC reports that this is the second round of the Bezos Day One Families Fund annual leadership awards after the billionaire launched the organisation.

In 2018, Bezos gave $97.5 million (N35,815,422,000) to organisations fighting homelessness. The donation was given to 24 organisations in 16 states.

The foundation has two stated aims that include to combat homelessness and provide quality education in low-income communities.