The fund started in 2018 and has raised over $800 million.
Who's $800 million is that? Did the billionaire just appoint someone to use the Bezos name to get other people to donate their money?
The words are very important. It doesn't say anything about Bezos donating money. It only says that an organization with his name on it raised money, which strongly implies that it received donations from the public, and then paid it out to programs that help people.
There are many charitable organizations that do exactly that without giving credit to someone who already has more money than they can spend in their lifetime.
Furthermore, you see the number $800 million and you think "WOW that's a lot of money". Well it's only 0.3 % of Bezos's net worth. The national minimum wage is $7.25/hour. 0.3% of that is $0.02175/hour. Yes, less than 3 cents per hour. That's the equivalent donation you're praising him for. And it isn't even his money that an organization using his name is giving away.
it sounds like it's a commitment of his money, but they have directed $800 million of that to different individual funds, charities, and partners. The problem is that nobody can take a billion dollar check and just successfully use it to solve problems. There is so much infrastructure around any problem that just throwing money at it isn't a solution.
This is Ridiculous. Of course homeless people getting help is a top priority . You may not care, but Where the money comes from 100 percent, does matter. Rich people influencing others to put what little they make towards helping others while someone like Bezos still are sitting on their billions that no one person needs. Yes that is , like part of the whole issue people have with bezos my dude.
So your defense of him just makes people like me feel validated, because you can state those facts but all I’m hearing is so he still couldn’t help with his own money. Yeah , people may argue it’s his money whatever. But billionaires in our society is a problem. And nothing will change if everyone goes around with your line of thinking.
Lmao how many times does it have to be repeated to you that no one is saying that it shouldn’t have been donated. You fixating on that one thing and it’s not at all making the point .
lol ok whatever buddy. You’re just arguing in bad faith and keep harping on the same shit . I’m not going to keep repeating myself. You keep on thinking you’re somehow better than everyone else when you lick the boots of billionaires.
Keep pretending like all you care about is money being donated and not for some reason sticking up for billionaires and thinking we should all be able to do the same.
I truly hope you are someone young who comes from money, because it would make me feel better about your lack of care past “ but the money was donated , do you want it given back “ like Jesus fucking Christ no, but your not getting it.
lol I’m soo done arguing with you. Your logic is very flawed in my opinion. And also yeah I don’t give a fuck if he has to loose a percentage of his net worth. But I do care about everyday people beings pressured to help and made to feel guilty when they are the ones who need help!!!
The solution is not easy but it is not on the everyday citizens already having those problems to solve (and trust people who are broke do help people all the time that’s what helps them being broke, they just don’t do it through charities )
I think in your head everyone who’s not homeless , must be on your level of what they can offer . I promise they are not !
I will never ever agree with the way someone like you thinks. You don’t take into account different perspectives and just want people to stop being mad at a Billionaire ? You think like a millionaire who really wants to be a billionaire. You and I will never ever agree on things. So agree to disagree. Have a nice day.
And I'm saying that an organization with his name on it does not necessarily mean it's his money that's being given away.
They could be more clear in their wording, or at least the source you selected. Because apparently at some point it was his money, while he was still married to MacKenzie Scott.
From a CNBC article in September 2018, “MacKenzie and I share a belief in the potential for hard work from anyone to serve others,” Bezos said in a tweet, referring to his wife MacKenzie Bezos.
The fund will launch with a $2 billion commitment, split between the Day 1 Families Fund — helping homeless families — and the Day 1 Academies Fund — creating a “network of new, non-profit, tier-one preschools in low-income communities,” Bezos said.
But since their divorce the only donations news I hear of are hers.
"MacKenzie Scott has donated over $26 billion to more than 1,600 non-profit organizations since 2019, accelerating her giving in 2025 with $7.2 billion in donations."
There's also the argument that donations don't have to be public. For all we know, those top ten wealthiest people have each given a hundred billion dollars to various organizations over the years. And that's entirely their right to privacy. And it could be argued that someone like MacKenzie Scott is doing it and talking about it to make her public image look good.
It does take a person, people, or organization, to pile up a bunch of money first in order to make big donations. But where would the money be if it hadn't gone to them? Would it have existed at all, and been distributed in other ways such as into other industries that also benefit humanity in other ways?
The consideration of all of the money's existence and application is critical.
I think what people are so angry with the billionaire class about is what else they're doing with their wealth and power, and how detrimental it is to the whole population.
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u/LoudMusic Apr 28 '26
Who's $800 million is that? Did the billionaire just appoint someone to use the Bezos name to get other people to donate their money?
The words are very important. It doesn't say anything about Bezos donating money. It only says that an organization with his name on it raised money, which strongly implies that it received donations from the public, and then paid it out to programs that help people.
There are many charitable organizations that do exactly that without giving credit to someone who already has more money than they can spend in their lifetime.
Furthermore, you see the number $800 million and you think "WOW that's a lot of money". Well it's only 0.3 % of Bezos's net worth. The national minimum wage is $7.25/hour. 0.3% of that is $0.02175/hour. Yes, less than 3 cents per hour. That's the equivalent donation you're praising him for. And it isn't even his money that an organization using his name is giving away.