JEFF BEZOS UNVEILS $2BILLION NAIRA PHILANTHROPIC FUND

Amazon’s Bezos unveils $2bn philanthropic fund

Amazon founder Jeff Bezos announced he was launching a philanthropic fund with a $2 billion initial commitment to help homeless families and launch preschools in low-income communities.

The world’s richest individual made the announcement on Twitter a year after asking for ideas on how he could use his personal fortune — now estimated at some $163 billion — for charitable efforts.