World’s Richest Person Creates $2 Billion Fund To Help Homeless

Jeff Bezos

Jeff Bezos, who is said to currently be the world’s richest person, has reportedly created a $2 billion fund to help homeless families.

According to Bloomberg News: “The Bezos Day One Fund will focus on two initiatives…The first will fund existing nonprofits and issue annual awards to organizations doing ‘compassionate, needle-moving work’ to shelter and support the immediate needs of young families. The second will operate a network of high-quality, full-scholarship Montessori-inspired preschools.”

According to Inc., Jeff Bezos has a net worth of $163 billion. He is Amazon’s largest stockholder, owing 16% of the company’s shares, and the owner of The Washington Post.

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