What Jeff Bezosโ€™ Philanthropy Tells Us About His New Prioritiesโ€”and What Change They May Bring
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What Jeff Bezosโ€™ Philanthropy Tells Us About His New Prioritiesโ€”and โ€ฆ
Jul 27, 2021
TIMEBelinda Luscombe
6 years ago, Jeff Bezos made a $98.5 million donation to homelessness charities across the U.S. and U.K. But the reaction wasnโ€™t applause... It was a rebuke. A senior UK political leader publicly called him out with a blunt message: โ€œJust pay your taxes.โ€ This moment reveals a deeper tension between governments and ultra-wealthy founders: Billionaires prefer private allocation Founders believe they generate more impact by directing capital themselves โ€” fast, targeted, no bureaucracy. Governments
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