Jeff Bezos says Amazon is donating $690,000 to Australian bush fire efforts – CNBC

Jeff Bezos says Amazon is donating $690,000 to Australian bush fire efforts – CNBC

Jeff Bezos
Jeff Bezos, founder and CEO of Amazon, pictured on September 13, 2018. Bloomberg | Getty Images Billionaire Amazon founder Jeff Bezos has announced his company will donate $690, 000 donation to bushfire relief efforts in Australia. In an Instagram post on Sunday, Bezos pledged 1 million Australian dollars ($690, 000) on behalf of the tech giant — an amount that has faced criticism by some on social media. "Our hearts go out to all Australians as they cope with these devastating bushfires, " Bezos said. "Amazon is donating 1 million AU dollars in needed provisions and services." The figure was derided by some online, with people comparing the sum with Bezos' personal net worth. Bezos has a net worth of $116.7 billion, according to Forbes, and according to a 2019 Business Insider analysis was earning almost $9 million an hour in 2018. Meanwhile, Amazon has a market capitalization of more than $930 billion. The conglomerate's move to help tackle the bushfires was also compared to other high-profile contributions, with many pointing out that a string of celebrities with far less personal wealth than Bezos had donated more out of their own ....


Neither Pichai nor Cook disclosed how much the companies had donated. A spokesperson for Amazon was not immediately available for comment when contacted by CNBC. . .

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