Jeff Bezos gives a pitiful amount of his $160B fortune to charity

New York Post ^ | 1/26/2019 | Isabel Vincent

[Beave Meister]

For the world’s richest man, charity begins — and stays — at home.

Amazon founder and CEO Jeff Bezos has given only a tiny fraction of his $160 billion fortune to philanthropic causes, falling far behind fellow billionaires such as Bill and Melinda Gates and former New York mayor Michael Bloomberg, public records show.

Although Bezos, 55, and his estranged wife MacKenzie recently pledged $2 billion to a new charitable initiative, their previous giving amounts to a total of just over $145 million or .0906 percent — far less than one percent — of their net worth. Out of $100,000, that would be like spending $90.06 on charity.

“The record of both Amazon and Jeff Bezos reveals that they are takers, not givers,” said Queens City Councilman Jimmy Van Bramer, whose district includes Long Island City, where Amazon plans to set up a corporate headquarters. “When they make promises of how generous they will be, I look at what they have done in the past to know what the truth really is.”

[Beave Meister]

There is nothing worse than a cheap billionaire liberal, they are the worst.

[butlerweave]

$80 billion ,the ex-wife will get the rest ,LOL

[Leep]

I suppose one good thing is he isnt supporting whacko leftist causes.

[BeauBo]

It is mostly tied up in the business (stock), not lying in a checking account.

[rktman]

His money.

[Secret Agent Man]

So what.

Greedy trying to shame the greedy.

If someone earns it I will applaud the charity, but I,wont browbeat or guilt someone into it. No one has a moral claim to anything else someone has just because they have a lot of it.

[xrmusn]

“I have never understood why it is ‘greed’ to want to keep the money you have earned, but not greed to want to take someone else’s money”
Thomas Sowell.

It is HIS money he/they can do what they want with it.

[BenLurkin]

Taxpayers are their piggy-bank for big government handouts.

[W.]

Mother had an old saying: “Them’s that has, keeps!” True, dat...

[USFRIENDINVICTORIA]

Exactly!

[cpdiii]

I am not an admirer of Jeff Bezozs with the exception of his business acumen. He built an incredible company.

However, it is his money! His money to do with as he wishes!

[Theoria]

BS. Bezos or anyone else probably doesn't report the true amounts they contribute. Overall, Bezos has helped to employ tens of thousands of Amercians.

[Blood of Tyrants]

Exactly. Most of his value is in non-liquid assets, not cash.

[rlmorel]

That’s the way I see it. And as another FReeper opined, at least he isn’t sending money to extreme leftist organizations like some leftists like Bill Gates has.

[KC_Conspirator]

I agree. His money.

[rlmorel]

I should addendums that last post...not in the amounts Bill Gates has.

[sparklite2]

I don’t care if he gave none of it away.
It’s his damned money to do with as he pleases.

[DesertRhino]

The charity board grifters who exist on donations are displeased.
Sounds like some city counsel guy in Queens wants a donation for his local charity.

[dfwgator]

As long as he doesn’t demand the rest of us peons pay more taxes for his pet interests.

[Teacher317]

+1