Yukon Weekly

Jeff Bezos attended L.A. charity gala for donating $500,000

Key Takeaway:

  • The world’s 2nd-richest man Jef Bezos earned ‘audible groans’ at an L.A. charity gala after donating $500,000 to child welfare nonprofit.
  • The A-lister fundraiser event is hosted by Baby2Baby, a nonprofit providing necessity to children living in poverty.

The world’s 2nd-richest man Jef Bezos earned ‘audible groans’ at an L.A. charity gala after donating $500,000 to a child welfare nonprofit.

The Amazon founder and his girlfriend Lauren Sanchez attended the A-lister fundraiser event hosted by Baby2Baby, a nonprofit providing necessity to children living in poverty, at the Pacific Design Center in West Hollywood on Saturday night.

“Everyone was eagerly waiting for him to donate something, but he didn’t,“ an insider told Page Six. “And then a little later, [Bezos] donated $500,000. There was an audible groan from the room.”

To many, half a million may seem like a lot of money to give away. But, according to the Independent, the second-richest man in the world, the Baby2Baby donation is a small percentage of what he makes in a minute from his net worth that climbs by $147,667 per minute.

Forbes estimates Bezos’ current worth at $190.4 billion.

The news comes after his former wife Mackenzie Scott last week donated $50 million to a historically Black university in Texas, on top of the $6 billion she has pledged to charitable causes.

Also Read-No injuries are reported after a Canadian ship catches fire at sea

However, that’s not to say that the Blue Origins founder was entirely unwilling to shed some weight off his bank account last year. He reportedly made the single-largest charity donation of 2020, according to Chronicle of Philanthropy’s annual list of top contributions — giving $10 billion to fight climate change.

In 2018, he also established the Bezos Day One fund; an initiative pledged to develop a network of nonprofit preschools and organizations supporting the homeless. As of 2021, he has given just over $300 million of the $2 million pledged to the fund, Forbes reported.

As a whole, the star-studded gala managed to raise $8.5 million for the nonprofit, with donations pouring in from celebrities such as Matthew McConaughey and his wife Camila Alves, Jessica Alba and stylist Rachel Zoe.

Source-CTV News

Get Canada and Yukon’s top News, Market News, and other News of USA and worldwide only on yukonweekly.com

Show More

Leave a Reply

Your email address will not be published. Required fields are marked *