Amazon CEO says ‘HQ2’ decision will be announced before end of year


Asked whether Bezos could be reinventing the wheel, Debs said, "The work of Montessori is all about collaboration in the classroom, so I think the work of Montessori adults should be similar".

The announcement by Bezos, who is now the world's richest person, marks a deeper foray into philanthropy for the e-commerce pioneer, the report noted. "I like to putter in the morning", he said.

Jeff Bezos criticised President Donald Trump's approach to the media on Thursday, saying it is "dangerous" to demonize one of the fundamental pillars of democracy. It's risky to call the media low-lifes. "The secret sauce of Amazon - the number one thing that has made us successful has by far is obsessive, compulsive focus on the customer".

Many in the philanthropic sector say they're glad that the world's richest man was directing some of his largesse a little closer to home.

Concerns surrounding Amazon's size and squeezing of its competition has led to calls for the online retailer to be carefully policed by regulators. "We will announce a decision before the end of this year", Bezos said.

His new foundation, the Bezos Day One Fund, will provide grants primarily to existing family shelters, he said Thursday night before more than 1,000 people at the Economic Club of Washington. "It's unsafe to say they are the enemy of the people". I know what Amazon could do when we were 10 people, know what we could do when we were 1,000 people, know what we could do when we were 10,000 and know what we can do today when we are half a million...

The announcement is the latest charitable donation from Bezos, after the Amazon co-founder has seen his net worth balloon to a staggering $150 billion in 2018.

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Bezos, who acquired the Washington Post for $250 million in 2013, vowed to defend the paper's coverage from President Trump's criticisms, suggesting its reporting on the administration is fair and balanced.

Trump in the spring repeatedly said without evidence that package deliveries by the U.S. Postal Service for Amazon were costing the service money.

"We will have to leave this planet, and we're going to leave it", Bezos previously told GeekWire, "and it's going to make this planet better".

Even now, though, Bezos's $2 billion is a meager amount of cash relative to the giving plans of other billionaires. But he had not engaged in much philanthropy - at least publicly - until this week.

How does Jeff Bezos, the richest person alive, spend his billions?

At a sold-out Economic Club of Washington event, Bezos did not give any hints of whether Arlington has a leg up on other locations.

This article was written by Christian Davenport and Abha Bhattarai, reporters for The Washington Post.