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Amazon CEO Jeff Bezos launches $2 billion fund for homeless, low income families
Jeff Bezos, Amazon.com Inc's founder, and the world's richest person said on Thursday he will commit $2 billion to help homeless families and starting pre-schools for low-income communities. The announcement marks a deeper foray into philanthropy for Bezos, whose fortune has soared to more than $160 billion thanks to his stake in Amazon. Dominance in e-commerce and the nascent field of cloud computing has made Amazon the world's second-most valuable public company.
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