Take the pledge to vote

For a better tommorow#AajSawaroApnaKal
  • I agree to receive emails from News18

  • I promise to vote in this year's elections no matter what the odds are.
  • Please check above checkbox.

    SUBMIT

Thank you for
taking the pledge

Vote responsibly as each vote counts
and makes a diffrence

Disclaimer:

Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101 . The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited. ARN EU/04/19/13618
Tech
News18 » Tech
1-min read

Amazon CEO Jeff Bezos Asks Twitter Followers For Donation Ideas

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

Reuters

Updated:June 16, 2017, 2:54 PM IST
facebookTwitterskypewhatsapp
Amazon CEO Jeff Bezos Asks Twitter Followers For Donation Ideas
File photo of Amazon CEO Jeff Bezos. (Image: REUTERS/Andrew Kelly)
Loading...

Amazon.com Inc's 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 signalled 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.

Also read: Xiaomi Redmi Note 4, Redmi 4A, Redmi 4 up For Pre-Bookings

For philanthropy, Bezos has supported a foundation run by his parents that focuses on education. His family has also given more than $40 million to Seattle's Fred Hutchinson Cancer Research Center, not far from Amazon's headquarters.

Still, Bezos has yet to make charity a cornerstone of his work, like Microsoft Corp's Bill Gates or Facebook Inc's Mark Zuckerberg have. Bezos has not joined them and 167 other of the world's richest people in pledging to give more than half of their fortunes to philanthropy.

Watch Video: The Tech And Auto Show - Episode 2

 

Asked in an interview with Charlie Rose last year if he one day would rival Gates' magnanimity, Bezos joked, "Well, yeah, if there is anything left after I finish building Blue Origin."

His Twitter post had generated nearly 4,000 replies within three hours.

Recommendations ranged from food programs for children to protecting forests and fighting homelessness.

"Repurpose shipping containers to provide micro-homes for the homeless," tweeted journalist and analyst John Koetsier. "Give them a safe, dry place to sleep, then work on further needs."

Also read: NASA Records May 2017 as Second Hottest in 137 Years

Get the best of News18 delivered to your inbox - subscribe to News18 Daybreak. Follow News18.com on Twitter, Instagram, Facebook, TikTok and on YouTube, and stay in the know with what's happening in the world around you – in real time.

Subscribe to Moneycontrol Pro and gain access to curated markets data, trading recommendations, equity analysis, investment ideas, insights from market gurus and much more. Get Moneycontrol PRO for 1 year at price of 3 months. Use code FREEDOM.

| Edited by: Sarthak Dogra
Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwitterskypewhatsapp

Live TV

Loading...
Countdown To Elections Results
To Assembly Elections 2018 Results