Jeff Bezos is being heavily criticized online for making a very small donation towards the horrific wildfire recovery efforts in Australia. The CEO of Amazon announced on Instagram that the company will donate $690,000 towards the recovery effort in Australia.
According to Business Insider, Bezos makes around $78.5 billion every year, which is around $150,000 every minute. That means Amazon has only donated an amount that Bezos makes in 5 minutes. It is quite unclear why Bezos would intentionally donate such a small amount, while celebrities like Kylie Jenner are donating more than he is.
Also, Bezos said that Amazon will be donating, not the CEO himself. With Kylie having a $1 billion net worth and Amazon having almost a 1$ trillion market cap, it seems as though the company and Bezos can do a little bit more towards helping an entire country fight a terrible disaster.
Though Bezos has the potential to donate more, he has donated a lot of money to various causes before. Being the world’s richest man, he has donated to social causes and also $2 billion to a fund to support education programs for the homeless. We hope that more people continue to donate to help the recovery efforts in Australia, whatever the amount.
You can make any contributions towards the recovery efforts at the WWF website.
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Source: Business Insider