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Amazon’s Bezos pledges $2 billion for homeless and pre-schools

Amazon founder and CEO Jeff Bezos says he will start a $2 billion charitable fund to help homeless families and open new preschools in low-income neighborhoods.

Bezos, whose stake in Amazon is worth about $160 billion, says he’ll call it the Bezos Day One Fund. An Amazon spokeswoman said the $2 billion will all come from Bezos.

Bezos made the announcement today on his social media accounts.