Jeff Bezos Donates $123 Million to Help Fight Homelessness

The Amazon.com co-founder with a $115.6 billion fortune has said he plans to give away his wealth during his lifetime.

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By Dayana Mustak

November 22, 2022 at 8:40 PM UTC

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Jeff Bezos is giving $123 million to organizations that work to move homeless families into permanent housing.

The grants to 40 groups in 26 US states and Puerto Rico — ranging from $600,000 to $5 million — are the latest and largest awards from the Amazon.com Inc. co-founder’s Day One Fund, which was founded in 2018. The donations are effective immediately and are part of a $2 billion total commitment to fighting homelessness, the Day One Fund said Tuesday in a statement.