News / World by Press Association 13/09/2018, 7:50 pm FacebookTwitterWhatsAppEmail Send us a story Sign up to our Daily newsletter Amazon founder and chief executive Jeff Bezos has said he is giving two billion dollars to start a fund that will open pre-schools in low-income neighbourhoods and give money to non-profit groups which help homeless families. Bezos, whose stake in Amazon is worth about 160 billion dollars (£122 billion), says he will call it the Bezos Day One Fund. An Amazon spokeswoman confirmed that the money would all come from Bezos, though there are few details about how the fund will operate. In a post to his Twitter account, Bezos said one part of the fund will give money to organisations and groups that provide shelter and food to young homeless families. The other part will launch and operate free pre-schools in low-income communities, where “the child will be the customer”. It is not yet known what his preschools will look … [Read more...] about Amazon founder Jeff Bezos to start two billion dollar charitable fund
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AMAZON chief Jeff Bezos may have to give his wife HALF of his $160billion fortune in what would be the biggest divorce in history. Bezos, 54 — the world’s richest man — and wife MacKenzie, 48, revealed their 25-year marriage was over in a joint statement. The couple, wed the year before he founded Amazon, are not thought to have signed a pre-nuptial agreement, according to reports. Divorce laws in their home state Washington say wealth made during a marriage must be split 50-50. Half of Bezos’s fortune would make award-winning author MacKenzie the world’s richest woman. And their break-up could dwarf the £2.9billion French tycoon Alec Wildenstein paid to ex-wife Jocelyn in 1999. Bezos and MacKenzie, who have four kids, said they broke up after a “trial separation”. But their Twitter statement added: “We remain cherished friends.” They spoke of being “deeply grateful for every one of the years we have been married … [Read more...] about Inside the billion dollar world of Jeff Bezos as wife MacKenzie could get $80BN in biggest divorce in HISTORY
Jeff Bezos, Amazon founder and CEO, speaks at The Economic Club of Washington's Milestone Celebration in Washington in September 2018. (AP Photo/Cliff Owen)Jeff Bezos and wife MacKenzie Bezos arrive at the Vanity Fair Oscar Party in Beverly Hills, Calif., in March 2018. (Photo by Evan Agostini/Invision/AP, File) LOS ANGELES — Amazon CEO Jeff Bezos said Thursday he was the target of “extortion and blackmail” by the publisher of the National Enquirer, which he said threatened to publish revealing personal photos of him unless he stopped investigating how other private photos and messages were obtained by the tabloid. Bezos, who is also owner of The Washington Post, detailed his interactions with American Media Inc. in an extraordinary blog post Thursday on the Medium.com website. After the tabloid published a story about his extramarital affair last month, Bezos ordered a team of private investigators to get to the bottom of how the Enquirer obtained lurid texts between … [Read more...] about Jeff Bezos says Enquirer threatened to publish revealing photos
In this Dec. 14, 2017, file photo, Jeff Bezos attends the premiere of "The Post" at The Newseum in Washington. Private investigators working for Bezos have determined the brother of the Amazon CEO’s mistress leaked the couple’s intimate text messages to the National Enquirer. (Brent N. Clarke/Invision/AP) WASHINGTON — Private investigators working for Jeff Bezos have concluded that the brother of the Amazon CEO’s mistress leaked the couple’s intimate text messages to the National Enquirer, a person familiar with the matter told The Associated Press on Monday. The person wasn’t authorized to discuss the matter publicly and spoke to AP on condition of anonymity. The findings add to the intrigue surrounding the clash between the pro-Trump tabloid and the world’s richest man. Bezos’ investigators have suggested the Enquirer’s coverage of his affair was driven by dirty politics. Trump has been highly critical of Bezos over his ownership … [Read more...] about Jeff Bezos probe claims mistress’ brother was Enquirer source
By Martha Ross | [email protected] | Bay Area News Group PUBLISHED: February 27, 2019 at 6:40 am | UPDATED: February 27, 2019 at 6:40 am Lauren Sanchez has reportedly made the difficult decision to cut ties with her older brother, who has also served as her manager and publicist, after multiple sources identified him as the person who leaked details about her affair with Jeff Bezos to the National Enqurier. The Washington Post Tuesday evening published a story that chronicles the various ways that Michael Sanchez tried to insert himself into the middle of the salacious story about his sister’s affair with Bezos, the Amazon CEO and world’s richest person. It turns out that Michael Sanchez, after allegedly leaking intimate text messages between Bezos and his sister to the Enquirer, then tried to position himself as a key source to reporters covering the affair and the demise of Bezos’ 25-year marriage, according to the Post. Michael Sanchez has claimed in … [Read more...] about Lauren Sanchez cuts ties with brother, but what about Jeff Bezos?