Amazon's Bezos says Trump should be 'glad' of media scrutiny

Amazon's Bezos says Trump should be 'glad' of media scrutiny

Amazon's Bezos says Trump should be 'glad' of media scrutiny

That vow came despite the fact that the Post, citing anonymous sources, also reported that Amazon's board of directors was traveling to Washington. What the president should say is, 'This is right, this is good.

Philanthropy experts called Bezos' approach direct and pragmatic, but said its success would depend largely on how the money was allocated and how willing the billionaire was to make changes along the way. The new "Bezos Day One Fund" is the result; it'll work to issue "awards" to existing nonprofits that provide shelter and food to homeless young families.

Bezos, the world's richest man and gros fromage of the sprawling Amazon online services empire, had a pop at The Donald after one of the latter's wearyingly frequent outbursts at the American journos for writing down what he says and publishing it. There will also be full scholarships for Montessori-inspired preschools in "underserved" communities, he said.

Interviewed by the club's president, Carlyle Group co-founder David Rubenstein, Bezos also discussed his new charitable commitments, defended the media and his purchase of the Washington Post, and disappointed the D.C. -connected audience by declining to reveal a winning city for Amazon's second headquarters. "I believe that it's an essential component of our democracy", Bezos said in an on-stage interview with the Economic Club of Washington.

Zuckerberg, 34, and his wife Priscilla Chan said in 2015 that they planned to give away 99 per cent of their Facebook stock.

And US Senator Bernie Sanders has criticised working conditions in Amazon warehouses. But in June a year ago, he made a decision to use his money to help those who needed it sooner, turning to Twitter for donation suggestions.

"It's risky to demonize the media", Bezos said. "It's unsafe to say that they're the enemy of the people".

The Bezos gift is one of the biggest single donations ever announced for preschools, if not the biggest, said Avo Makdessian, director of the Silicon Valley Community Foundation's Centre for Early Learning. "We will build an organization to directly operate these schools", he added.

Bezos, who Forbes lists as the richest person in the world with a net worth over $100 billion, went on to say that the overall health of the media in the USA would be "fine", and would survive Trump's consistent criticism and cries of "fake news".

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