Category: billionaire

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Jeff Bezos Just Gave $98.5 Million to Help the Homeless

Jeff Bezos is the man behind Amazon, and he’s also the richest person in the world (he and Bill Gates go back and forth). Now, he’s trying to do his part to help those who are less fortunate, specifically the homeless population of America.

Bezos recently donated $98.5 million to 32 organizations in 23 U.S. states to help out homeless families. The donations to the different organizations range from $1.25 million to $5 million.

The businessman started his Bezos Day One Fund in September 2018 and has pledged that he will give $2 billion to the fund. His charity is focused on two different areas: helping out organizations that feed homeless families, and helping to establish Montessori-inspired preschools across the United States.

In 2018, Bezos donated $97.5 million to 24 organizations fighting homeless in 16 states across the U.S.

Here is the full list of organizations across the country that received donations in 2019.

Bethany House Services, Cincinnati, OH • $1.25 million
Catholic Charities Eastern Washington, Spokane, WA • $5 million
Catholic Social Services Alaska, Anchorage, AK • $5 million
Coburn Place, Indianapolis, IN • $1.25 million
Connecticut Coalition to End Homelessness, Hartford, CT • $2.5 million
Covenant House, New York, NY • $5 million
Family Gateway, Dallas, TX • $2.75 million
FamilyAid Boston, Boston, MA • $5 million
ForKids, Norfolk, VA • $2.5 million
Goodwill Industries of Northern Michigan, Traverse City, MI • $1.25 million
Great Lakes Community Action Partnership, Fremont, OH • $1.25 million
Homeless Services Network of Central Florida, Orlando, FL • $5.25 million
HOPE Services Hawaii, Hilo, HI • $2.75 million
HopeWorks, Albuquerque, NM • $2.5 million
Interim Community Development Association, Seattle, WA • $2.5 million
Lafayette Transitional Housing Center, Lafayette, IN • $1.25 million
Mary’s Place Seattle, Seattle, WA • $5 million
MIFA, Memphis, TN • $5 million
Our Family Services, Tucson, AZ • $2.5 million
Pathways of Hope, Fullerton, CA • $2.5 million
St. Joseph Center, Venice, CA • $5 million
St. Joseph’s Villa, Richmond, VA $1.25 million
St. Stephen’s Human Services, Minneapolis, MN • $5 million
St. Vincent de Paul, Baltimore, MD • $5 million
The Road Home, Salt Lake City, UT • $5 million
The Road Home Dane County, Madison, WI • $1.25 million
The Whole Child, Whittier, CA • $5 million
UNITY Of Greater New Orleans, New Orleans, LA • $2.5 million
Upward Bound House, Santa Monica, CA • $1.25 million
Welcome House of Northern Kentucky, Covington, KY • $1.25 million
West Virginia Coalition to End Homelessness, Bridgeport, WV • $1.5 million
YWCA Columbus, Columbus, OH • $2.5 million

I’d say that’s a pretty generous move, wouldn’t you?

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A Billionaire Created a Fake Driveway to Score His Own Private Parking Spot in New York

Have you ever tried parking in New York City?

Wellllllll, parking in New York is a nightmare, so one billionaire took desperate measures to get his very own ‘permanent’ spot.

Noah Gottesman, a very wealthy hedge fund honcho, created the illusion of a driveway on his property where none exists. He now hands out parking violations to anyone who tries to park in front of it.

Noah lives in the West Village in Manhattan, in a corner compound on Jane and Washington Streets that he built himself over 10 years ago.

During a renovation, he illegally added a curb cut to the sidewalk outside his home to make it appear as if there’s a driveway at 777 Washington St.

He also added “No Parking” and “Active Driveway” signs to the large black door at the entrance to his complex.

Neighbors who have tried to use the spot have received parking tickets and even had their vehicles towed by Noah’s employees.

Obviously, Noah is not well-liked in the neighborhood.

“It’s all a scam. He doesn’t have a freaking driveway,” neighbor Eyal Levin told the NY Daily News. “He just has fake signs on it. He knows it, everybody knows it and still they try to intimidate everybody about it. I found it to be outrageous.”

Noah received a violation over the illegal curb cut earlier this year, and the Department of Buildings has stepped in to investigate the issue.

“This is a shameful abuse of public space that we won’t tolerate,” Mayor de Blasio spokeswoman Marcy Miranda told NY Daily news.

“The building owner needs to play by the same rules as everyone else, no matter how deep his pockets are, which is why we’ve instructed the Buildings Department to investigate further and take whatever enforcement actions are needed.”

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Billionaire Pledges to Pay off Student Debt for Morehouse College’s ENTIRE 2019 Graduating Class

Graduating from college is an incredible milestone in anyone’s life, but it’s sadly often marred by a lot of anxiety about what comes next. The looming shadow of trying to repay a seemingly endless amount of student loans for years to come is especially daunting.

Thankfully, the 2019 graduating class of Morehouse College in Atlanta, Georgia, won’t have to worry about that – during his commencement speech at Morehouse, billionaire Robert F. Smith announced that he would be paying off ALL the student debt for Morehouse’s class of 2019!

Smith said during his speech, “On behalf of the eight generations of my family that have been in this country, we’re gonna put a little fuel in your bus. This is my class, 2019. And my family is making a grant to eliminate their student loans.”

This guy’s reaction pretty much sums up the way everyone at the graduation felt about the news.

Take a look at the reaction from the graduating students.

A spokesperson for Smith said the billionaire is “thrilled to invest in these young people and their future.” Robert F. Smith made his fortune by founding a private equity firm called Vista Equity Partners that primarily buys and sells software firms. He graduated from Cornell and has a Master’s degree from Columbia.

Smith told the students, “You are responsible for building strong, safe places where our young brothers and sisters can grow with confidence. Watch and learn from positive role models, and believe that they too are entitled to the American dream.”

There’s no official confirmation of the size of Smith’s gift yet, but it’s believed to be in the neighborhood of $40 million.

What an incredibly generous gesture. Good luck, Class of 2019!

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