Jeff Bezos makes $120 million mystery donation

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Jeff Bezos makes $120 million mystery donation
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The world’s second-richest person unloaded about 47,700 Amazon shares, but didn’t specify which group received the contribution.

Jeff Bezos donated roughly $120 million in Amazon AMZN stock to a nonprofit organization, but the recipient of the money is a mystery so far.

Bezos’s... Jeff Bezos donated roughly $120 million in Amazon AMZN stock to a nonprofit organization, but the recipient of the money is a mystery so far. Bezos’s most well-known philanthropic initiatives are the Bezos Earth Fund, which is a $10 billion effort targeting climate change, and the Bezos Day One Fund, which donates to groups serving families experiencing homelessness and is building a nationwide network of free preschools for low-income children.

The Amazon shares aren’t destined for the Smithsonian Institution or the National Air and Space Museum, a spokeswoman confirmed. Bezos has pledged $200 million to help to fund a new Bezos Learning Center at the Air and Space Museum. It’s slated for completion in 2026.Bezos hasn’t mentioned any donations recently on his Instagram FB account, where he’s previously announced philanthropic activities.

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