{"id":18373,"date":"2018-09-10T17:14:32","date_gmt":"2018-09-10T09:14:32","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/the-multibillion-dollar-question-what-in-the-world-or-universe-will-jeff-bezos-do-with-his-riches\/"},"modified":"2018-09-10T17:14:32","modified_gmt":"2018-09-10T09:14:32","slug":"the-multibillion-dollar-question-what-in-the-world-or-universe-will-jeff-bezos-do-with-his-riches","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/the-multibillion-dollar-question-what-in-the-world-or-universe-will-jeff-bezos-do-with-his-riches\/","title":{"rendered":"The multibillion-dollar question: What in the world (or universe) will Jeff Bezos do with his riches?"},"content":{"rendered":"<figure id=\"attachment_387158\" aria-describedby=\"caption-attachment-387158\" style=\"width: 630px\" class=\"wp-caption aligncenter\"><img fetchpriority=\"high\" decoding=\"async\" class=\"size-full-width wp-image-387158\" src=\"https:\/\/cdn.geekwire.com\/wp-content\/uploads\/2017\/12\/20170520_Bezos_Apollo_34-630x420.jpg\" alt=\"Bezos\" width=\"630\" height=\"420\" srcset=\"https:\/\/cdn.geekwire.com\/wp-content\/uploads\/2017\/12\/20170520_Bezos_Apollo_34-630x420.jpg 630w, https:\/\/cdn.geekwire.com\/wp-content\/uploads\/2017\/12\/20170520_Bezos_Apollo_34-768x512.jpg 768w, https:\/\/cdn.geekwire.com\/wp-content\/uploads\/2017\/12\/20170520_Bezos_Apollo_34-1260x840.jpg 1260w, https:\/\/cdn.geekwire.com\/wp-content\/uploads\/2017\/12\/20170520_Bezos_Apollo_34.jpg 2048w\" sizes=\"(max-width: 630px) 100vw, 630px\"><figcaption data-nosnippet=\"\" id=\"caption-attachment-387158\" class=\"wp-caption-text\">Jeff Bezos talks with students at the opening of the Apollo Exhibit at The Museum of Flight in Seattle in May 2017. One of Bezos\u2019 outside projects involved recovering the Apollo F-1 engines used to blast early astronauts to the moon. (GeekWire Photo \/ Kevin Lisota)<\/figcaption><\/figure>\n<p>Jeff Bezos transformed the modern economy, using disruptive thinking to reshape how people buy products and read books, and how companies access computing and deliver goods.<\/p>\n<p>Now, the 54-year-old founder of Amazon and the Blue Origin space venture \u2014 a hard-charging sci-fi geek with a giant laugh who earlier this year earned the title of the richest person on the planet \u2014 is exploring new terrain: deciding how to give away a chunk of his record-breaking fortune, now estimated at a mind-boggling $160 billion as Amazon\u2019s market value&nbsp;topped $1 trillion for a short period this past week.<\/p>\n<p>The path Bezos chooses for his philanthropic efforts could alter society in unimagined ways, just as Andrew Carnegie did a century ago and as fellow Seattle billionaire Bill Gates is attempting to do today.<\/p>\n<p>And yet very few have direct insights into which issues the mercurial billionaire will tackle.<\/p>\n<p>Health care? Education? Climate change? Homelessness? Political reform?<\/p>\n<p>Societal and environmental challenges abound, and Bezos \u2014 with the wealth equivalent of the countries of Croatia, Costa Rica and Bolivia combined \u2014 can do something about them.<\/p>\n<p><span class=\"icon-quotes-left\"><\/span>&nbsp;Jeff has changed the world once. In the fullness of time, he will change the world again multiple times.<span class=\"icon-quotes-right\"><\/span><\/p>\n<p>This much is certain: reflecting on Bezos\u2019 past moves, his philanthropic efforts will be unconventional.<\/p>\n<p>\u201cJeff has changed the world once,\u201d said Ed Lazowska, a professor in the University of Washington\u2019s Paul G. Allen School of Computer Science &amp; Engineering, which Bezos and Amazon have supported through donations and endowments. \u201cIn the fullness of time, he will change the world again multiple times.\u201d<\/p>\n<p>For years, Bezos was a relative no-show when it came to philanthropy. The Bezos name was associated with a scant number of charitable causes around his adopted hometown of Seattle, and few in the non-profit world knew where he stood on do-gooding causes.<\/p>\n<p>But things started to change last summer \u2014 in a potentially big way.<\/p>\n<p>On June 15, 2017 Bezos turned the philanthropic world on its head, issuing a tweet soliciting suggestions for his charitable giving.<\/p>\n<p><iframe id=\"twitter-widget-0\" scrolling=\"no\" frameborder=\"0\" allowtransparency=\"true\" allowfullscreen=\"true\" class=\"\" style=\"position: absolute; visibility: hidden; width: 0px; height: 0px; display: block; flex-grow: 1;\" title=\"X Post\" src=\"https:\/\/platform.twitter.com\/embed\/Tweet.html?creatorScreenName=lisa_stiffler&amp;dnt=true&amp;embedId=twitter-widget-0&amp;features=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%3D%3D&amp;frame=false&amp;hideCard=false&amp;hideThread=false&amp;id=875418348598603776&amp;lang=en&amp;origin=https%3A%2F%2Fwww.geekwire.com%2F2018%2Fjeff-bezos-riches-philanthropy%2F&amp;sessionId=30efd63409868922b9972a740dea2b51637c5977&amp;siteScreenName=geekwire&amp;theme=light&amp;widgetsVersion=6a3ad42b224df%3A1778106238597&amp;width=550px\"><\/iframe><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\" data-twitter-extracted-i178280254535816917=\"true\">\n<p lang=\"en\" dir=\"ltr\">Request for ideas\u2026 pic.twitter.com\/j6D68mhseL<\/p>\n<p>\u2014 Jeff Bezos (@JeffBezos) June 15, 2017<\/p>\n<\/blockquote>\n<p><script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Some 48,000 responses later, Bezos now says he has \u201csettled on two areas that I\u2019m very excited about.\u201d He promised to announce the ideas \u201cbefore the end of this summer\u201d \u2014 which, according to the calendar, means he\u2019s given himself until Sept. 22 to disclose to the world what he plans to take on.<\/p>\n<p>The multibillion-dollar question now is, which lucky causes have made the cut?<\/p>\n<p>And beyond that, does this mark an important step toward an overarching philanthropic effort \u2014 like the Bill &amp; Melinda Gates Foundation and its work in global health and education, or the Paul G. Allen Family Foundation and the Microsoft co-founder\u2019s support for brain science, artificial intelligence and Seattle philanthropy? Or will these to-be-revealed initiatives remain on par with Bezos\u2019 past record of more modest giving?<\/p>\n<p>\u201cThe backdrop to all of this is that if he wants to make a dent in giving away his money while he\u2019s still alive, he needs to start now and stick at it for the rest of his life at a pretty urgent pace,\u201d said David Callahan, editor of Inside Philanthropy, a charity watchdog site.<\/p>\n<p>So far, Bezos has shaved off only a tiny sliver of his holdings.<\/p>\n<p>Over the past decade, Bezos and his family have donated $65 million to Seattle\u2019s Fred Hutchinson Cancer Research Center, with a focus on immunotherapy initiatives. In January, Bezos and his wife, MacKenzie Bezos, gave $33 million to TheDream.US, an organization providing scholarships for immigrants (Bezos\u2019 father migrated to the U.S. from Cuba). In August, he donated nearly $11 million of Amazon stock to an unspecified nonprofit, according to an SEC filing and local press coverage. (Bezos and his family did not respond to requests made through Amazon for comment for this article.)<\/p>\n<p>Just last week, news emerged that Bezos donated $10 million to&nbsp;With Honor, a political organization that backs veterans of both parties who are running for seats in the U.S. House of Representatives.<\/p>\n<figure id=\"attachment_321199\" aria-describedby=\"caption-attachment-321199\" style=\"width: 620px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-321199\" src=\"https:\/\/cdn.geekwire.com\/wp-content\/uploads\/2017\/03\/Bezos-Family-at-clinic.jpg\" alt=\"\" width=\"620\" height=\"414\"><figcaption data-nosnippet=\"\" id=\"caption-attachment-321199\" class=\"wp-caption-text\">Left to right: Steve Poore, Christina Poore, Mike Bezos, Jackie Bezos, Jeff Bezos, and MacKenzie Bezos at the opening of the Bezos Family Immunotherapy Clinic in December 2016. (Fred Hutch Photo \/ Robert Hood)<\/figcaption><\/figure>\n<p>In total, Bezos and his family have donated roughly $135 million to charitable causes, based on news reports and press releases. For a mere mortal, it\u2019s an impressive sum. For Bezos, it\u2019s 0.09 percent of his worth. By comparison, Gates, the runner-up for the richest person, has given away stock holdings worth $50 billion, according to Bloomberg.&nbsp;<strong><br \/>\n<\/strong><\/p>\n<p>But the Amazon CEO <em>is<\/em> starting to shell out more of his money. The question is whether one views the spending as philanthropic.<\/p>\n<h4><strong>\u2018The most important work I\u2019m doing\u2019<\/strong><\/h4>\n<p>In 2016, Bezos said that he\u2019d invested $500 million to date in Blue Origin, a Kent, Wash.-based company that\u2019s developing re-usable rockets and whose stated vision is to support \u201cmillions of people living and working in space.\u201d Then, last year, he announced that he was selling $1 billion worth of Amazon stock to fund his space venture, and that he\u2019d match that amount for years to come.<\/p>\n<p>Bezos has been a self-proclaimed space junkie since his early years. At age 5, he remembers watching his parents\u2019 black-and-white TV as Neil Armstrong and&nbsp;Buzz Aldrin landed on the moon. Friends and teachers from his high school days recall his passion for space, and as a teen he attended a space-related program at a NASA center in Huntsville, Alabama, according to Wired Magazine. Jump ahead a few decades, and the star-gazing billionaire even appeared as an extra in the filming of \u201cStar Trek Beyond\u201d in 2016.<\/p>\n<figure id=\"attachment_284002\" aria-describedby=\"caption-attachment-284002\" style=\"width: 630px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full-width wp-image-284002\" src=\"https:\/\/cdn.geekwire.com\/wp-content\/uploads\/2016\/10\/161023-bezos-wilson-star-trek-630x398.jpg\" alt=\"Image: Wilson and Bezos\" width=\"630\" height=\"398\" srcset=\"https:\/\/cdn.geekwire.com\/wp-content\/uploads\/2016\/10\/161023-bezos-wilson-star-trek-630x398.jpg 630w, https:\/\/cdn.geekwire.com\/wp-content\/uploads\/2016\/10\/161023-bezos-wilson-star-trek-768x485.jpg 768w, https:\/\/cdn.geekwire.com\/wp-content\/uploads\/2016\/10\/161023-bezos-wilson-star-trek-1240x783.jpg 1240w\" sizes=\"(max-width: 630px) 100vw, 630px\"><figcaption data-nosnippet=\"\" id=\"caption-attachment-284002\" class=\"wp-caption-text\">Amazon\u2019s Jeff Bezos (at right) in \u201cStar Trek Beyond\u201d in 2016, playing a Starfleet official who assists a rescued spacefarer (played by Lydia Wilson, at left). Credit: Justin Lin via Twitter<\/figcaption><\/figure>\n<p>That the adult Bezos would circle back around to space-related enterprises comes as no surprise to Valerie Conn,&nbsp;executive director of the Palo Alto, Calif.-based Science Philanthropy Alliance, an organization assisting science-minded donors.<\/p>\n<p>\u201cA 12-year-old girl\u2019s or a 12-year-old boy\u2019s passion often comes out in philanthropy years or decades later,\u201d Conn said.<\/p>\n<p>There has been increasing interest in charitable giving to basic research, including medicine, physics, biology and science technology, Conn said. That focus is particularly prevalent among those who made their riches in the tech sector.<\/p>\n<p><span class=\"icon-quotes-left\"><\/span>&nbsp;We will have to leave this planet, and we\u2019re going to leave it, and it\u2019s going to make this planet better.<span class=\"icon-quotes-right\"><\/span><\/p>\n<p>With his spending on Blue Origin, \u201cit shows that [Bezos] is willing to invest for long-term outcomes, to build infrastructure and to explore that scientific curiosity and also pursue his passion,\u201d Conn said. \u201cThat goes back to the passion-driven philanthropy concept.\u201d<\/p>\n<p>But is blasting people off the planet serving a humanitarian cause, or simply indulging the inquisitiveness and ego of an absurdly wealthy man?<\/p>\n<p>In a May interview with GeekWire\u2019s Alan Boyle, Bezos described Blue Origin as both a charitable enterprise and a business, calling it \u201cthe most important work I\u2019m doing.\u201d As our energy demands outpace our terrestrial, clean power sources, Bezos sees space as a solution. He imagines making heavy industrial activity extraterrestrial and preserving the Earth for people to live on and for light industrial work.<\/p>\n<p>\u201cWe will have to leave this planet, and we\u2019re going to leave it,\u201d Bezos said, \u201cand it\u2019s going to make this planet better.\u201d<\/p>\n<p>(A spokesperson for Blue Origin declined a request for a comment for this story.)<\/p>\n<figure id=\"attachment_323030\" aria-describedby=\"caption-attachment-323030\" style=\"width: 630px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full-width wp-image-323030\" src=\"https:\/\/cdn.geekwire.com\/wp-content\/uploads\/2017\/04\/20170405_Blue_Origin_053-630x420.jpg\" alt=\"\" width=\"630\" height=\"420\" srcset=\"https:\/\/cdn.geekwire.com\/wp-content\/uploads\/2017\/04\/20170405_Blue_Origin_053-630x420.jpg 630w, https:\/\/cdn.geekwire.com\/wp-content\/uploads\/2017\/04\/20170405_Blue_Origin_053-768x512.jpg 768w, https:\/\/cdn.geekwire.com\/wp-content\/uploads\/2017\/04\/20170405_Blue_Origin_053-1240x826.jpg 1240w, https:\/\/cdn.geekwire.com\/wp-content\/uploads\/2017\/04\/20170405_Blue_Origin_053.jpg 1730w\" sizes=\"auto, (max-width: 630px) 100vw, 630px\"><figcaption data-nosnippet=\"\" id=\"caption-attachment-323030\" class=\"wp-caption-text\">Jeff Bezos discusses Blue Origin\u2019s New Shepard booster rocket and crew capsule at the 2017 Space Symposium in Colorado. (GeekWire Photo \/ Kevin Lisota)<\/figcaption><\/figure>\n<p>Bezos\u2019 intergalactic vision for humanity\u2019s salvation has, however, triggered some public derision. Through social media, critics have called on Bezos to pursue a more conventional approach to philanthropy, aiding people on Earth here and now. In a recent GeekWire interview, Nick Hanauer, an early investor in Amazon, praised Bezos as \u201can extraordinary commercial entrepreneur and a deeply insightful and strategic thinker,\u201d but questioned his \u201cmoral reasoning.\u201d<\/p>\n<p>And yet Bezos\u2019 blurring of philanthropy with a mission-focused business venture is not actually so rare, some in the nonprofit world say.<\/p>\n<p>\u201cIt\u2019s like a lot of these tech people. They\u2019re techno-utopians and they think that business and technology are as powerful as anything in terms of its potential to improve humanity,\u201d Inside Philanthropy\u2019s Callahan said.<\/p>\n<p>\u201cMany of them view the nonprofit sector as traditional forms of civil society and philanthropy as being little sideshows of yesterday\u2019s means,\u201d he said. \u201cA lot of these people really blend business in with their vision of social good.\u201d<\/p>\n<h4><strong><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full-width wp-image-445088\" src=\"https:\/\/cdn.geekwire.com\/wp-content\/uploads\/2018\/09\/Bezos-giving-630x350.jpg\" alt=\"\" width=\"630\" height=\"350\" srcset=\"https:\/\/cdn.geekwire.com\/wp-content\/uploads\/2018\/09\/Bezos-giving-630x350.jpg 630w, https:\/\/cdn.geekwire.com\/wp-content\/uploads\/2018\/09\/Bezos-giving-768x426.jpg 768w, https:\/\/cdn.geekwire.com\/wp-content\/uploads\/2018\/09\/Bezos-giving.jpg 798w\" sizes=\"auto, (max-width: 630px) 100vw, 630px\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full-width wp-image-445091\" src=\"https:\/\/cdn.geekwire.com\/wp-content\/uploads\/2018\/09\/Bezos-other-630x431.jpg\" alt=\"\" width=\"630\" height=\"431\" srcset=\"https:\/\/cdn.geekwire.com\/wp-content\/uploads\/2018\/09\/Bezos-other-630x431.jpg 630w, https:\/\/cdn.geekwire.com\/wp-content\/uploads\/2018\/09\/Bezos-other-768x525.jpg 768w, https:\/\/cdn.geekwire.com\/wp-content\/uploads\/2018\/09\/Bezos-other.jpg 831w\" sizes=\"auto, (max-width: 630px) 100vw, 630px\"><\/strong><\/h4>\n<h4><strong>Charity closer to home<\/strong><\/h4>\n<p>Bezos\u2019 love of outer space shines brighter than a noonday sun. But if you follow the digital breadcrumbs found in his tweets and news articles, it leads to another, more surprising cause that appears to have captivated the CEO of Amazon: families experiencing homelessness.<\/p>\n<p>Seattle and neighboring communities are in the throes of a homelessness crisis. On a single night this past January, volunteers surveying King County, which includes Seattle, counted 12,112 people as homeless.<\/p>\n<p>In response, Amazon has teamed up with a Seattle nonprofit called Mary\u2019s Place that aids homeless families. More than two years ago, the company began temporarily housing the families in a former Travelodge motel that was slated for demolition and the construction of Amazon office space.<\/p>\n<p>The partnership evolved beyond providing shelter, and includes regular interactions between Amazon workers and families in need. Employees&nbsp; prepare meals and provide tutoring and career support. The company has hosted a summer BBQ for the families and a Christmas event with toys for the children.<\/p>\n<p>\u201cI\u2019m very inspired and moved by the work done at Mary\u2019s Place here in Seattle,\u201d Bezos tweeted last year in his call for philanthropic ideas.<\/p>\n<figure id=\"attachment_296134\" aria-describedby=\"caption-attachment-296134\" style=\"width: 630px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full-width wp-image-296134\" src=\"https:\/\/cdn.geekwire.com\/wp-content\/uploads\/2016\/12\/MarysPlaceHandingOutGIfts-630x420.jpg\" alt=\"\" width=\"630\" height=\"420\" srcset=\"https:\/\/cdn.geekwire.com\/wp-content\/uploads\/2016\/12\/MarysPlaceHandingOutGIfts-630x420.jpg 630w, https:\/\/cdn.geekwire.com\/wp-content\/uploads\/2016\/12\/MarysPlaceHandingOutGIfts-768x512.jpg 768w, https:\/\/cdn.geekwire.com\/wp-content\/uploads\/2016\/12\/MarysPlaceHandingOutGIfts-1240x827.jpg 1240w\" sizes=\"auto, (max-width: 630px) 100vw, 630px\"><figcaption data-nosnippet=\"\" id=\"caption-attachment-296134\" class=\"wp-caption-text\">Santa Claus hands out donated gifts to Mary\u2019s Place families in December 2016. The holiday giveaway was one of several events Amazon has hosted for Seattle-area families experiencing homelessness. (Amazon Photo)<\/figcaption><\/figure>\n<p>Amazon as a corporation has supported additional Seattle-area initiatives, including construction of a second UW Computer Science &amp; Engineering building championed by Lazowska, and Code.org, a Seattle-based nonprofit spreading computer science education internationally. But these and other efforts funded by Bezos\u2019 family or Amazon do not seem to have captured his attention in the same way.<\/p>\n<p>In his April interview with Business Insider, he returned again to Mary\u2019s Place. He praised the nonprofit for helping formerly homeless people become \u201cperfectly productive members of society.\u201d<\/p>\n<p><span class=\"icon-quotes-left\"><\/span>&nbsp;We just count every day as a gift and [Bezos\u2019] words are creating change in our community.<span class=\"icon-quotes-right\"><\/span><\/p>\n<p>Last year Amazon announced new initiatives to help Mary\u2019s Place, including building a permanent shelter for 70 to 100 families a night. The shelter, to be located inside an Amazon building, will open in 2020.<\/p>\n<p>It\u2019s an interesting collaboration, intersecting the orbits of families who are homeless with more affluent tech workers who are helping drive up rental and real estate prices that make affordable housing harder to come by. And this spring, Amazon fought a Seattle head tax on employees intended to raise money to address homelessness. The company temporarily ceased construction on one of its downtown office buildings in protest. City leaders repealed the tax shortly after approving it.<\/p>\n<p>Marty Hartman, executive director of Mary\u2019s Place, doesn\u2019t weigh into the politics or possible future support from Bezos. She is, of course, grateful for Amazon\u2019s partnership.<\/p>\n<figure id=\"attachment_344630\" aria-describedby=\"caption-attachment-344630\" style=\"width: 630px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full-width wp-image-344630\" src=\"https:\/\/cdn.geekwire.com\/wp-content\/uploads\/2017\/06\/marysplace_7780-768x512-630x420.jpg\" alt=\"\" width=\"630\" height=\"420\" srcset=\"https:\/\/cdn.geekwire.com\/wp-content\/uploads\/2017\/06\/marysplace_7780-768x512-630x420.jpg 630w, https:\/\/cdn.geekwire.com\/wp-content\/uploads\/2017\/06\/marysplace_7780-768x512.jpg 768w\" sizes=\"auto, (max-width: 630px) 100vw, 630px\"><figcaption data-nosnippet=\"\" id=\"caption-attachment-344630\" class=\"wp-caption-text\">Mary\u2019s Place Executive Director Marty Hartman. (GeekWire Photo)<\/figcaption><\/figure>\n<p>\u201cWe just count every day as a gift and [Bezos\u2019] words are creating change in our community,\u201d she said. \u201cIt\u2019s creating change for these families and he has brought a spotlight and he has given the rest of the nation an opportunity and an actual concept of how to solve this in their community, how to make sure no child sleeps outside.\u201d<\/p>\n<p>Some hope that Bezos could take his interest a step further and apply his outside-the-box, visionary mojo to drive more dramatic solutions.<\/p>\n<p>\u201cYou can imagine that there is somewhere out there a clever strategy for dealing with homelessness that nobody has thought of,\u201d said Lazowska, the UW\u2019s Bill &amp; Melinda Gates Chair in Computer Science &amp; Engineering. \u201cThat is an example where none of the obvious things are working. Is there some crazy-ass idea that would tackle this problem?\u201d<\/p>\n<h4><strong>Which way to charity?<br \/>\n<\/strong><\/h4>\n<p>For all of his unconventional traits, Bezos so far has followed a pretty typical philanthropic path.<\/p>\n<p>He has pursued a diverse portfolio of causes, many of which have personal or passion-driven connections.<\/p>\n<p>He has melded traditional charity with investing that serves a greater good. Beyond Blue Origin, that includes support for the Breakthrough Energy Coalition, a group of investors funding clean energy developments; his 2013 purchase of the Washington Post for $250 million, which some view as quasi-philanthropic, given the importance of a free press; and his $42 million contribution towards a clock to keep time for 10,000 years.<\/p>\n<figure id=\"attachment_403537\" aria-describedby=\"caption-attachment-403537\" style=\"width: 630px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full-width wp-image-403537\" src=\"https:\/\/cdn.geekwire.com\/wp-content\/uploads\/2018\/03\/180310-bezos-630x427.jpg\" alt=\"Bezoses and Stewarts\" width=\"630\" height=\"427\" srcset=\"https:\/\/cdn.geekwire.com\/wp-content\/uploads\/2018\/03\/180310-bezos-630x427.jpg 630w, https:\/\/cdn.geekwire.com\/wp-content\/uploads\/2018\/03\/180310-bezos-768x520.jpg 768w, https:\/\/cdn.geekwire.com\/wp-content\/uploads\/2018\/03\/180310-bezos.jpg 958w\" sizes=\"auto, (max-width: 630px) 100vw, 630px\"><figcaption data-nosnippet=\"\" id=\"caption-attachment-403537\" class=\"wp-caption-text\">Star Trek actor Patrick Stewart and his wife, Sunny Ozell, stand beside Jeff Bezos and his wife, MacKenzie, at the Oscar Awards ceremony in March. (Jeff Bezos via Twitter)<\/figcaption><\/figure>\n<p>\u201cIt\u2019s a special clock,\u201d Bezos writes on the project website, \u201cdesigned to be a symbol, an icon for long-term thinking.\u201d<\/p>\n<p>Even his slow pace of giving hews to a route followed by some donors. Bezos has an umbrella company called Bezos Expeditions to oversee many of his initiatives and philanthropic activities, but he doesn\u2019t yet have a dedicated personal foundation, serving only as a board member of the Bezos Family Foundation, which his parents founded and lead. Nor has he signed the Giving Pledge, an initiative by the Gateses and Warren Buffett, through which the mega rich commit to giving away most of their fortunes.<\/p>\n<p>Effectively doling out massive amounts of money, it turns out, is time-consuming, hard work. Other wealthy tech entrepreneurs have partnered with family members to manage their philanthropy. Bill Gates teamed up with his dad, Bill Sr., and wife, Melinda. Mark Zuckerberg and his wife, Priscilla Chan, are co-founders of the Chan Zuckerberg Foundation. Jody Allen, sister of Microsoft co-founder Paul Allen, is the co-founder of their foundation.<\/p>\n<p>Could MacKenzie Bezos take a leading role in distributing the Bezos\u2019 largesse? MacKenzie, mother of four and author of two books, took a step into the nonprofit sector in 2014. She launched Bystander Revolution, an online resource for anti-bullying efforts featuring video testimonials from dozens of celebrity actors, musicians, authors and athletes.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full-width wp-image-445951\" src=\"https:\/\/cdn.geekwire.com\/wp-content\/uploads\/2018\/09\/Bezos-v-Gates1-630x564.jpg\" alt=\"\" width=\"630\" height=\"564\" srcset=\"https:\/\/cdn.geekwire.com\/wp-content\/uploads\/2018\/09\/Bezos-v-Gates1-630x564.jpg 630w, https:\/\/cdn.geekwire.com\/wp-content\/uploads\/2018\/09\/Bezos-v-Gates1-768x688.jpg 768w, https:\/\/cdn.geekwire.com\/wp-content\/uploads\/2018\/09\/Bezos-v-Gates1.jpg 774w\" sizes=\"auto, (max-width: 630px) 100vw, 630px\">\u201cIf the main person who made the money is still busy with their day job, [philanthropy] takes a lot of bandwidth, and often you see the spouses doing the heavy lifting,\u201d Callahan said. \u201cJeff Bezos gets all of the attention because everybody knows him and he made the money, but it could be that MacKenzie is behind the scenes doing all the work.\u201d<\/p>\n<p>In comparison, Gates was already well on his way philanthropically by age 45, stepping down from Microsoft\u2019s CEO role and creating a joint foundation with Melinda. At that point, Gates had led Microsoft for roughly 25 years&nbsp;\u2014 about the same amount of time that Bezos has been running Amazon.<\/p>\n<p>Could Bezos be ready at last to go boldly into the world of philanthropy? It\u2019s possible.<\/p>\n<p>\u201cA lot of philanthropists will give at a small level, see what they learn and try to ramp up from there,\u201d Callahan said. \u201cThey want to experiment at first, before they get their sea legs. Before they make huge commitments.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jeff Bezos talks with students at the opening of the Apollo Exhibit at The Museum of Flight in Seattle in May 2017. One of Bezos\u2019 outside projects involved recovering the Apollo F-1 engines used to blast early astronauts to the moon. (GeekWire Photo \/ Kevin Lisota) Jeff Bezos transformed the modern economy, using disruptive thinking [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[275,509,5173,5172,1046,5174,4756,21],"class_list":["post-18373","post","type-post","status-publish","format-standard","hentry","category-news","tag-amazon","tag-blue-origin","tag-charity","tag-impact-series","tag-jeff-bezos","tag-mackenzie-bezos","tag-philanthropy","tag-space"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/18373"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=18373"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/18373\/revisions"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=18373"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=18373"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=18373"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}